520 Madera Avenue

San Jose, CA 95112

$1,549,000
Price
Beds
3,468 Sq. Ft.
$447 / Sq. Ft.
3,468
Sq. Ft.
$447
per Sq. Ft.

Description

This Cash Cow Is Ready for The New Owner. Long Term Tenants Create Stability While Presenting an Opportunity for Upside Potential. Current Owner is Doing Work to Make This a Low Maintenance Investment! Make This Property Work For You!This Cash Cow Is Ready for The New Owner. Long Term Tenants Create Stability While Presenting an Opportunity for Upside Potential. Current Owner is Doing Work to Make This a Low Maintenance Investment! Make This Property Work For You!
  1. Listed by Jake Gipson • DRE #01322520 • Brokerage DRE #01526679 • KW Bay Area Estates • 408-206-3585

Property Details for 520 Madera Avenue

MLS City Name
San Jose
Building Type
FOURPLEX
Garage Spaces
0
Parking Spaces
4
Cross Street
10th St
LISTING UPDATED: 10/14/2024 02:18 PM

Property Details for 520 Madera Avenue

StatusActive
MLS #ML81974635
Days on Compass62
Taxes$15,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / Fourplex
Year Built1922
Lot Size0.20 AC / 8,712 SF
CountySanta Clara County

Virtual Tour

Building Information for 520 Madera Avenue

Stories2Residences4Year Built1922Building Size-Lot Size0.20 AC / 8,712 SF

Property Information for 520 Madera Avenue

Features
Room Information
  • Kitchen: Dishwasher, Varies by Unit, Microwave, Oven Range, Refrigerator
Features
  • Fireplace: No
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Living SqFt: 3468
  • Pool: No
  • Security Features: Other
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Wall Furnace
  • Meters: Master Electric, Master Gas, Master Water
  • Sewer Septic: Sewer - Private
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Private / Mutual
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Assigned Spaces, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Flat / Low Pitch, Wood Shakes / Shingles
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 520
  • Street Name: Madera
  • Street Suffix: Avenue
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 2
  • Structure SqFt: 3468
  • Structure SqFt Source: Other
  • Age: 102
Development Information
  • Zoning Detail: LI
Location Information
  • City Limits: Yes
  • Directions: Between N10th & Oakland Rd (N 13th)
  • Incorporated: Yes
  • Parcel Number: 235-16-068
  • County Name: Santa Clara
  • City Name: San Jose
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Concrete Perimeter, Concrete Slab
  • Horse Property: No
  • Lot Acres: .20
  • 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: $15,000
  • Building Unit Total: 4
  • Capitalization Rate: 3.88
  • Tenant Expenses: Services - Trash Removal, Other
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $5,000
  • Expense Landscape: $0
  • Expense Maintenance: $1,000
  • Expense Management: $0
  • Expense Trash: $2,000
  • Expenses Other: $0
  • Expenses Utility: $12,000
  • Expenses Total: $35,000
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water, Other
  • Gross Rent Multiplier: 15.81
  • Income Annual Gross: $95,060
  • Income Annual Rental: $98,000
  • Income Gross Scheduled: $98,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Half Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 1
Unit 3 Information
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Half Bathrooms: 0
  • Unit 3 Number of Bedrooms: 2
Unit 4 Information
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Half Bathrooms: 0
  • Unit 4 Number of Bedrooms: 1

Property History for 520 Madera 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 520 Madera Avenue

Taxable ValueLand$530,223Additions$329,797Total$860,020
Tax Record2023$14,143 ($1,179 / month)
Home Facts
Total Finished SqFt3,468 SqFtAbove Grade Finished SqFt3,468 SqFtStories1Lot Size8,736 SqFtStyleQuadraplexYear Built1922ZoningLICountySANTA CLARAAPN235-16-068Fireplace TypeHas Fireplace

Schools near 520 Madera 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
Charter - 5 to 8
Rating
School
Distance
Walter L. Bachrodt Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
Charter5 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

520 Madera Avenue is a multi-family home for sale in San Jose, CA 95112. This property was listed for sale on August 21, 2024 by KW Bay Area Estates, it's currently listed at $1,549,000. It has been on the market for a total of 62 days and was last sold on December 31, 2014. This listing's school district is San Jose Unified School District. Nearby schools include Walter L. Bachrodt Elementary School, Muwekma Ohlone Middle and San Jose High School. 520 Madera Avenue is a 0-bed, 0-bath, 3,468 sqft multi-family home built in 1922.

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 KW Bay Area Estates, Jake Gipson, DRE #01322520

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.