Seller's Agent in 2025
Jimmy Castellanos
Marcus & Millichap
(408) 483-5040
3 in this area
79 Total Sales
1360 Lick Ave San Jose, CA 95110
Tamien Neighborhood
10
Beds
6
Baths
3,786
Sq Ft
7,802
Sq Ft Lot
Highlights
- 1 Car Attached Garage
- Forced Air Heating System
- Ceiling Fan
- Willow Glen High School Rated 9+
About This Home
As of August 20257.04% Current Cap Rate! All Section 8 renters. Three of the four units have been upgraded. 1360 Lick Avenue presents a rare opportunity to acquire a fourplex community situated on a standalone 7,800 square foot parcel. Built in 1979, the property features an ideal unit mix consisting of two spacious 3-bedroom/2-bath units and two 2-bedroom/1-bath units. The building totals approximately 3,786 square feet and offers covered parking at the rear for tenant convenience. Three of the four units have been remodeled. With a strong in-place cap rate, 1360 Lick Ave delivers a rare opportunity to achieve immediate cash flow in a stabilized, central San Jose location.
Last Agent to Sell the Property
Marcus & Millichap License #02024152 Listed on: 07/24/2025
Property Details
Home Type
- Multi-Family
Year Built
- 1979
Lot Details
- 7,802 Sq Ft Lot
Parking
- 1 Car Attached Garage
- 3 Carport Spaces
- Assigned Parking
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,786 Sq Ft Home
- 2-Story Property
- Ceiling Fan
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Total Actual Rent $164,820
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,800
- Insurance Expense $4,000
- Maintenance Expense $3,000
- Other Expense $3,904
- Utility Expense $6,000
- Trash Expense $3,200
- Operating Expense $41,340
- Gross Income $161,039
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/12/2025 08/12/25 | Sold | $1,800,000 | +5.9% | $475 / Sq Ft |
| 08/05/2025 08/05/25 | Pending | -- | -- | -- |
| 07/24/2025 07/24/25 | For Sale | $1,700,000 | -- | $449 / Sq Ft |
Source: MLSListings
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $20,666 | $1,650,138 | $1,115,517 | $534,621 |
| 2024 | $20,666 | $1,617,784 | $1,093,645 | $524,139 |
| 2023 | $19,895 | $1,554,691 | $1,072,201 | $482,490 |
| 2022 | $19,751 | $1,524,208 | $1,051,178 | $473,030 |
| 2021 | $19,365 | $1,494,322 | $1,030,567 | $463,755 |
| 2020 | $19,054 | $1,479,000 | $1,020,000 | $459,000 |
| 2019 | $18,686 | $1,450,000 | $1,000,000 | $450,000 |
| 2018 | $6,356 | $390,306 | $136,599 | $253,707 |
| 2017 | $6,289 | $382,654 | $133,921 | $248,733 |
| 2016 | $6,099 | $375,152 | $131,296 | $243,856 |
| 2015 | $6,015 | $369,518 | $129,324 | $240,194 |
| 2014 | $5,810 | $362,280 | $126,791 | $235,489 |
Source: Public Records
Agents Affiliated with this Home
-
Jimmy Castellanos
-
AJ DeCristoforo
Seller Co-Listing Agent in 2025
AJ DeCristoforo
Marcus & Millichap
(408) 709-0383
2 in this area
3 Total Sales
-
Jairo Arreola
Buyer's Agent in 2025
Jairo Arreola
Real Brokerage Technologies
(408) 416-8250
2 in this area
32 Total Sales
-
Bang Khong
B
Buyer Co-Listing Agent in 2025
Bang Khong
Real Brokerage Technologies
(408) 516-7243
2 in this area
16 Total Sales
Map
Source: MLSListings
MLS Number: ML82015763
APN: 434-12-085
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