$2,398,000
PENDING

Estimated payment $15,124/month

Total Views 15,502
-- Bed
-- Bath
4,056 Sq Ft
$591 Price per Sq Ft

About This Home

The Imperial Group is excited to bring to market this incredible opportunity for you. Situated in the vibrant heart of Willow Glen, 1121 Garfield Ave is a meticulously maintained 4-unit multifamily property. This classic and gracious four-plex is a true gem, offering a unique chance for savvy investors to dive into a prime piece of real estate. The property boasts an impressive configuration of (2) 2-bed, 2-bath units and (2) 2-bed, 1-bath units. Additional features include three carports and three open spaces, a long driveway, and an on-site washer/dryer. Extensive 4,056 square feet of living space situated on a .15-acre lot. Unit 1 also features in-unit laundry facilities, further adding to the comfort and convenience for an owner-occupied unit. What makes this fourplex truly stand out is its unbeatable location! Just a stone's throw from downtown Lincoln Ave, you'll be within walking distance of top-rated restaurants, shops and schools. Investors will love the consistent and high rental demand, the modern touches in a historical setting, and the proximity to key amenities, high-tech companies, vibrant shopping and dining areas. Surrounded by many top tech employers, the property benefits from a dynamic and high-demand neighborhood. MOTIVATED SELLERS ~ NEW PRICE IMPROVEMENT.

Last Listed By

Nicole Trieu

The Imperial Group License #01195059 Listed on: 11/08/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 6,639 Sq Ft Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 4,056 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Building Details

  • 4 Leased Units

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 53
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4056
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 4056
  • Stories: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Construction Type: Brick, Masonry

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Common Parking Area
  • Carport Min: 3

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1524
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6637.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6637.00

Rental Info

  • Existing Lease Term(s): Lease(s), Less Than 1 Yr, Month To Month, Security Deposit
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Income Includes: Coin Operated Equip
  • Meters: Master Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Loan - Mortgage, Maintenance - Repair, Services - Gardener
  • Tenant Expenses: All Expenses, Services - Trash Removal, Utilities - Water

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Pending -- -- --
11/08/2024 11/08/24 For Sale $2,498,888 -- $616 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML82009178

MLSListings

APN: 264-57-078