1121 Garfield Avenue

San Jose, CA 95125

$2,498,888
Price
Beds
4,056 Sq. Ft.
$616 / Sq. Ft.
4,056
Sq. Ft.
$616
per Sq. Ft.

Description

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, 1½-bath units. Additional features include three carports and three...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, 1½-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.
  1. Listed by Nicole Trieu • DRE #01195059 • The Imperial Group • 408-829-9993
  2. Listed by Jontom Trieu • DRE #02120817 • The Imperial Group

Property Details for 1121 Garfield Avenue

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
3
Cross Street
Lincoln Ave
LISTING UPDATED: 11/08/2024 05:42 PM

Property Details for 1121 Garfield Avenue

StatusActive
MLS #ML81983550
Days on Compass13
Taxes$18,483 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1972
Lot Size0.15 AC / 6,637 SF
CountySanta Clara County

Building Information for 1121 Garfield Avenue

Stories2Residences4Year Built1972Building Size-Lot Size0.15 AC / 6,637 SF

Property Information for 1121 Garfield Avenue

Features
Room Information
  • Kitchen: Appliances - Vary by Unit, Countertop - Tile, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Tile
  • Laundry: Coin Operated
  • Living SqFt: 4056
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Central Forced Air
  • Meters: Master Water
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 3
Garage
  • Garage and Parking: Carport, No Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Willow Glen
  • Roof: Composition
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 1121
  • Street Name: Garfield
  • Street Suffix: Avenue
  • Area ID: 10
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4056
  • Structure SqFt Source: Assessor
  • Age: 52
Development Information
  • Ownership Type: Trust
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Directions: see google map
  • Incorporated: Yes
  • Parcel Number: 264-57-078
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95125
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Perimeter, Masonry Perimeter
  • Horse Property: No
  • Lot Acres: .15
  • Lot Description: Grade - Level
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 3
General Information
  • Annual Tax Amount: $18,483
  • Building Unit Total: 4
  • Capitalization Rate: 3.46
  • Tenant Expenses: Rent Only
  • Income Includes: Laundry, Lease, Rents
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $5,569
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $24,052
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Loan - Mortgage, Maintenance - Laundry, Utilities - Water
  • Gross Rent Multiplier: 21.73
  • Income Annual Gross: $114,996
  • Income Annual Rental: $111,396
  • Income Gross Scheduled: $114,996
  • Income Other: $3,600
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,400
Unit 2 Information
  • Unit 2 Approx Square Footage: 980
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,350
Unit 3 Information
  • Unit 3 Approx Square Footage: 980
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,183
Unit 4 Information
  • Unit 4 Approx Square Footage: 980
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,350
Unit Type 1
  • Unit Type1 Approx SqFt: 1116

Property History for 1121 Garfield Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1121 Garfield Avenue

Taxable ValueLand$662,813Additions$536,560Total$1,199,373
Tax Record2024$18,431 ($1,536 / month)
Home Facts
Total Finished SqFt4,056 SqFtAbove Grade Finished SqFt4,056 SqFtStories2Lot Size6,637 SqFtStyleQuadraplexYear Built1972ZoningRMCountySANTA CLARAAPN264-57-078Fireplace TypeHas Fireplace

Schools near 1121 Garfield Avenue

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Willow Glen Elementary School
PublicK to 5

Willow Glen Middle School
Public6 to 8

Willow Glen High School
Public9 to 12

River Glen School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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1121 Garfield Avenue is a multi-family home for sale in San Jose, CA 95125. This property was listed for sale on November 8, 2024 by The Imperial Group, it's currently listed at $2,498,888. It has been on the market for a total of 13 days and was last sold on October 15, 2008. This listing's school district is San Jose Unified School District. Nearby schools include Willow Glen Elementary School, Willow Glen Middle School and Willow Glen High School. 1121 Garfield Avenue is a 0-bed, 0-bath, 4,056 sqft multi-family home built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Imperial Group, Nicole Trieu, DRE #01195059; The Imperial Group, Jontom Trieu, DRE #02120817

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.