Bonafede Team
Responds Quickly
Compass
(669) 266-0177
261 Total Sales
1 in Tamien
$960,000 Price
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
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 13, 2025
Sold by
Nguyen Victor Minh-Duc and Phan Quynh Thi
Bought by
Purchase Details
Listed on
Jul 24, 2025
Closed on
Aug 8, 2025
Sold by
Ngo Sophia Nha Quynh
Bought by
Phan Tan Duc
Seller's Agent
Jimmy Castellanos
Marcus & Millichap
Buyer's Agent
Jairo Arreola
Real Brokerage Technologies
List Price
$1,700,000
Sold Price
$1,800,000
Premium/Discount to List
$100,000
5.88%
Views
12
Purchase Details
Listed on
Jul 24, 2025
Closed on
Aug 6, 2025
Sold by
Bani Holdings Llc
Bought by
Nguyen Victor Minh-Duc and Phan Quynh Thi
Seller's Agent
Jimmy Castellanos
Marcus & Millichap
Buyer's Agent
Jairo Arreola
Real Brokerage Technologies
List Price
$1,700,000
Sold Price
$1,800,000
Premium/Discount to List
$100,000
5.88%
Views
12
Purchase Details
Closed on
Sep 18, 2019
Sold by
Bani Holdings Llc
Bought by
Bani Holdings Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,500,000
Interest Rate
3.6%
Mortgage Type
Commercial
Purchase Details
Closed on
Nov 2, 2018
Sold by
Gupta Rajat and Gupta Puja
Bought by
Bani Holding Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 19, 2018
Sold by
Azar Betty K and The Betty K Azar Inter Vivos T
Bought by
Gupta Rajat and Gupta Puja
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,087,500
Interest Rate
4.6%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 15, 2004
Sold by
Azar Betty K
Bought by
Azar Betty K and Betty K Azar Inter Vivos Trust
Purchase Details
Closed on
Mar 19, 2002
Sold by
Azar Betty K
Bought by
Azar Betty K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,949
Interest Rate
7.13%
Purchase Details
Closed on
Oct 20, 1998
Sold by
Azar Betty K
Bought by
Azar Betty K and Betty K Azar 1998 Inter Vivos Trust
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Tamien, CA
-
Bonafede Team
-
Stephanie Ligsay
Stephanie Ligsay
Christie's International Real Estate Sereno
(669) 202-9541
18 Total Sales
1 in Tamien
$950,000 Price
-
Alana George
Alana George
Intero Real Estate Services
(650) 668-4213
44 Total Sales
1 in Tamien
$940,000 Price
-
Joe Pollifrone
Joe Pollifrone
Christie's International Real Estate Sereno
(669) 279-3077
55 Total Sales
2 in Tamien
$739K - $1.5M Price Range
-
Thuy Tran
Thuy Tran
Intero Real Estate Services
(669) 273-2946
30 Total Sales
1 in Tamien
$1,000,000 Price
-
Amit Urban
Amit Urban
BellStreet Inc.
(669) 356-8323
22 Total Sales
1 in Tamien
$2,165,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| Phan Tan Duc | -- | First American Title | |
| Nguyen Victor Minh-Duc | $1,800,000 | First American Title | |
| Bani Holdings Llc | -- | Fidelity National Title | |
| Bani Holding Llc | -- | None Available | |
| Gupta Rajat | $1,450,000 | Orange Coast Title Co Of Nor | |
| Azar Betty K | -- | -- | |
| Azar Betty K | -- | Stewart Title | |
| Azar Betty K | -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $2,500,000 | ||
| Previous Owner | Gupta Rajat | $1,087,500 | |
| Previous Owner | Azar Betty K | $200,000 | |
| Previous Owner | Azar Betty K | $228,949 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $21,995 | $1,800,000 | $1,350,000 | $450,000 |
| 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
Seller's Agent in 2025
Jimmy Castellanos
Marcus & Millichap
(408) 483-5040
3 in this area
72 Total Sales
-
AJ DeCristoforo
Seller Co-Listing Agent in 2025
AJ DeCristoforo
Marcus & Millichap
(408) 709-0383
2 in this area
5 Total Sales
-
Jairo Arreola
Buyer's Agent in 2025
Jairo Arreola
Real Brokerage Technologies
(408) 416-8250
2 in this area
33 Total Sales
-
BK
Buyer Co-Listing Agent in 2025
Bang Khong
Real Brokerage Technologies
Map
Source: MLSListings
MLS Number: ML82015763
APN: 434-12-085
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