
1566 Stokes St San Jose, CA 95126
Willow Glen NeighborhoodEstimated payment $12,196/month
Highlights
- Horse Property
- Forced Air Heating System
- Security Fence
- Del Mar High School Rated A-
About This Home
Arguably the nicest fourplex currently on the market in San Jose! Come see for yourself! New roof 2020. SB 721 is complete - new balconies with new handrails. New exterior paint 2023. "Owners" unit, the 3 bed 2.5 bath, is completely remodeled. Excellent location near the Los Gatos Creek Trail. Minutes from Valley Fair, Santa Row and Ebay world HQ. 1566 Stokes Street consists of (1) 3 bed / 2.5 bath, (1) 2 bed / 1 bath, and (2) 1 bed / 1 bath. Significant upside as the 2-bedroom and 1-bedroom units can be renovated to achieve significantly higher rents. Residents enjoy amenities such as on-site parking in a gated lot and on-site laundry. The location is also a key highlight as it's next to several major streets and transit hubs, while located between numerous centers of economic activity. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley.
Property Details
Home Type
- Multi-Family
Year Built
- 1963
Lot Details
- 8,712 Sq Ft Lot
- Security Fence
Parking
- 1 Car Garage
- 3 Carport Spaces
- On-Street Parking
- Assigned Parking
Home Design
- Quadruplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 3,328 Sq Ft Home
- 2-Story Property
Outdoor Features
- Horse Property
Utilities
- Forced Air Heating System
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Month-to-Month Lease Term
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $1,200
- Insurance Expense $2,823
- Maintenance Expense $2,000
- Other Expense $2,084
- Utility Expense $6,052
- Operating Expense $38,434
- Gross Income $100,589
Map
Home Values in the Area
Average Home Value in this Area
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Source: MLSListings
MLS Number: ML82010478

APN: 284-27-031
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