Bought with Iris Tran • Lyon RE Elk Grove
$1,950,000
$1,850,000
5.4%For more information regarding the value of a property, please contact us for a free consultation.
4,040 SqFt
SOLD DATE : 01/21/2025
Key Details
Sold Price $1,950,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,040 sqft
Price per Sqft $482
MLS Listing ID ML81987481
Sold Date 01/21/25
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1971
Lot Size 9,585 Sqft
Property Sub-Type Quadruplex
Property Description
We are pleased to present the opportunity to acquire 503 Kiely Blvd in West San Jose. This premium fourplex is located in a highly coveted neighborhood near Santana Row with strong upside in rents. Situated in a top Bay Area housing market, this property presents an excellent investment opportunity for those seeking steady rental income and appreciation. It is a pride-of-ownership asset that also offers owner-occupancy potential. Constructed in 1971, the property features a great unit mix with (1) three-bedroom/two-bathroom unit, (2) two-bedroom/one-bathroom and (1) one-bedroom/one-bathroom units, amounting to a building square feet of 4,040 on a large 9,585 square foot parcel. The units feature stainless steel appliances, dual-pane windows, and more. The property is in close proximity to major tech employers including Apple and NVIDIA. Finally, it is less than a 10-minute drive to Westgate Mall and also features easy access to Highway 280 and San Tomas Expressway.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Cooling Ceiling Fan(s)
Fireplace No
Building
Water Public
Schools
School District Campbell Unified School District, Campbell Unified School District
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