503 Kiely Boulevard

San Jose, CA 95117

$1,850,000
Price
Beds
4,040 Sq. Ft.
$458 / Sq. Ft.
4,040
Sq. Ft.
$458
per Sq. Ft.

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)...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.
  1. Listed by Eric Katz • DRE #01900078 • Brokerage DRE #02214785 • Magnify Real Estate • 408-317-0187
  2. Listed by David Katz • DRE #01971921 • Brokerage DRE #02214785 • Magnify Real Estate

Property Details for 503 Kiely Boulevard

MLS City Name
SAN JOSE
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
2

Open Houses

Wednesday, Dec 4th

10:00 AM - 11:00 AM

Public

Saturday, Dec 7th

1:00 PM - 4:00 PM

Public

Sunday, Dec 8th

1:00 PM - 4:00 PM

Public

LISTING UPDATED: 12/03/2024 03:02 PM

Property Details for 503 Kiely Boulevard

StatusActive
MLS #ML81987481
Days on Compass8
Taxes$24,257 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1971
Lot Size0.22 AC / 9,585 SF
CountySanta Clara County

Building Information for 503 Kiely Boulevard

Stories2Residences4Year Built1971Building Size-Lot Size0.22 AC / 9,585 SF

Property Information for 503 Kiely Boulevard

Features
Features
  • Fireplace: No
  • Living SqFt: 4040
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 4
Garage
  • Garage and Parking: Carport, Uncovered Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Campbell
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 503
  • Street Name: Kiely
  • Street Suffix: Boulevard
  • Area ID: 15
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 4040
  • Structure SqFt Source: Assessor
  • Age: 53
Development Information
  • Zoning Detail: R3H
Location Information
  • Parcel Number: 303-25-036
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95117
  • Elementary School District: 454
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .22
  • 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: 4
General Information
  • Annual Tax Amount: $24,257
  • Building Unit Total: 4
  • Capitalization Rate: 4.16
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Income Includes: Laundry, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $4,848
  • Expense Landscape: $1,200
  • Expense Maintenance: $3,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $4,800
  • Expenses Total: $38,105
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Maintenance - Repair, Services - Gardener, Utilities
  • Gross Rent Multiplier: 15.60
  • Income Annual Gross: $115,003
  • Income Annual Rental: $117,600
  • Income Gross Scheduled: $118,560
  • Income Other: $960
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,800
Unit 2 Information
  • Unit 2 Approx Square Footage: 700
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,800
Unit 3 Information
  • Unit 3 Approx Square Footage: 920
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,400
Unit 4 Information
  • Unit 4 Approx Square Footage: 920
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,800
Unit Type 1
  • Unit Type1 Approx SqFt: 1500

Property History for 503 Kiely Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 503 Kiely Boulevard

Taxable ValueLand$249,085Additions$338,822Total$587,907
Tax Record2024$9,159 ($763 / month)
Home Facts
Total Finished SqFt4,040 SqFtAbove Grade Finished SqFt4,040 SqFtStories2Lot Size9,585 SqFtStyleQuadraplexYear Built1971ZoningR3HCountySANTA CLARAAPN303-25-036Fireplace TypeHas Fireplace

Schools near 503 Kiely Boulevard

This home is within Campbell Union School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Lynhaven Elementary School
CharterK to 5

Monroe Middle School
Charter6 to 8

Del Mar High School
Public9 to 12

Boynton High School
Public9 to 12

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.

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503 Kiely Boulevard is a multi-family home for sale in San Jose, CA 95117. This property was listed for sale on November 26, 2024 by Magnify Real Estate, it's currently listed at $1,850,000. This listing's school districts are Campbell Union School District, Campbell Union High School District. Nearby schools include Lynhaven Elementary School, Monroe Middle School and Del Mar High School. 503 Kiely Boulevard is a 0-bed, 0-bath, 4,040 sqft multi-family home built in 1971.

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 Magnify Real Estate, Eric Katz, DRE #01900078; Magnify Real Estate, David Katz, DRE #01971921

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.