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Listed by Jason Tam eXp Realty of California, Inc
$ 1,599,000
Est. payment | /mo
7 Beds
4 Baths
2,062 SqFt
$ 1,599,000
Est. payment | /mo
7 Beds
4 Baths
2,062 SqFt
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,062 sqft
Price per Sqft $775
MLS Listing ID 426172162
Bedrooms 7
Full Baths 4
HOA Y/N No
Year Built 1961
Lot Size 6,050 Sqft
Acres 0.1389
Property Sub-Type Triplex
Property Description
Welcome to 771 Nevin Way, a well-kept income property in San Jose's highly sought-after 95128 neighborhood. Fully leased with dependable tenants and a good cap rate, this property delivers steady cash flow from day one, along with strong long-term upside in one of Silicon Valley's most in-demand rental markets. Pride of ownership shows throughout. The buildings and grounds reflect years of consistent upkeep and attention to detail, so buyers can expect fewer surprises and lower near-term capital expenses. With area rents continuing to climb, there is room to grow income over time, and investors may explore value-add opportunities such as interior updates or a potential ADU, subject to City of San Jose approval. The location is truly hard to beat. Set on a quiet residential street, the property is minutes from Santana Row and Westfield Valley Fair, two of the Bay Area's premier destinations for shopping, dining and entertainment. Commuters enjoy quick access to Highways 280, 880 and 17, with easy connections to major tech campuses across the Valley. Diridon Station, with Caltrain, VTA, ACE and Amtrak service, and San Jose Mineta International Airport are close by, as are Downtown San Jose, Santa Clara Valley Medical Center and Santa Clara University. Local gems include Willow Glen's charming Lincoln Avenue, the historic Rose Garden neighborhood, neighborhood parks and favorite local cafs. This prime location keeps rental demand high and vacancies low, making 771 Nevin Way an outstanding addition to any portfolio, whether you are a seasoned investor or acquiring your first income property. Fully rented, well maintained and ideally located, this is an opportunity not to be missed.
Location
State CA
County Santa Clara
Area Central San Jose
Interior
Fireplace No
Building
Lot Description Other
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 28237021
Nearby Locations
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