710-712 Richmond Avenue

San Jose, CA 95128

$3,100,000
Price
Beds
6,580 Sq. Ft.
$471 / Sq. Ft.
6,580
Sq. Ft.
$471
per Sq. Ft.

Description

Two buildings with four units each, total of 8 units apartment building in a great location. Great opportunity to own a well-located apartment building in close proximity to all conveniences, walk to city college, easy access to freeways. Very desirable location for tenants as commuting and public transportation are all nearby. Complete kitchens and bathrooms remodel, including cabinets, faucets, ceiling lights, floors, appliances. all units winterized and water saving measures. Newer roof. Easy...Two buildings with four units each, total of 8 units apartment building in a great location. Great opportunity to own a well-located apartment building in close proximity to all conveniences, walk to city college, easy access to freeways. Very desirable location for tenants as commuting and public transportation are all nearby. Complete kitchens and bathrooms remodel, including cabinets, faucets, ceiling lights, floors, appliances. all units winterized and water saving measures. Newer roof. Easy to manage, with a very low turnover due to the strong demand. Two utility rooms, with two central water heaters. Well maintained buildings with a small yard in the back for tenants to grow vegies.
  1. Listed by Sami Sada • DRE #00858317 • Brokerage DRE #00858317 • Wall Street Realty • 408-247-3866

Property Details for 710-712 Richmond Avenue

MLS City Name
SAN JOSE
Building Type
Other
Complex Name
Richmond Avenue
Garage Spaces
0
Parking Spaces
8
LISTING UPDATED: 11/14/2024 02:53 PM

Property Details for 710-712 Richmond Avenue

StatusActive
MLS #ML81985288
Days on Compass18
Taxes$19,891 / year
HOA Fees$6,432
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.23 AC / 10,018 SF
CountySanta Clara County

Building Information for 710-712 Richmond Avenue

Stories-Residences-Year Built1963Building Size-Lot Size0.23 AC / 10,018 SF

Property Information for 710-712 Richmond Avenue

Features
Features
  • Communications: None
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate
  • Living SqFt: 6580
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 1
Garage
  • Garage and Parking: Covered Parking
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $6,432
Property Details
  • Min Num Of Units in Complex: 8
  • Area Text: Central San Jose
  • Restrictions: Other
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 710-712
  • Street Name: Richmond
  • Street Suffix: Avenue
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 6580
  • Structure SqFt Source: Assessor
  • Age: 61
Development Information
  • Ownership Type: Limited Partnership
  • Zoning Detail: R3H
Location Information
  • City Limits: Yes
  • Parcel Number: 282-44-020
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95128
  • Elementary School District: 454
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Raised
  • Lot Acres: .23
  • 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: 8
General Information
  • Annual Tax Amount: $19,891
  • Capitalization Rate: 4.04
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: Laundry
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $7,355
  • Expense Landscape: $1,200
  • Expense Maintenance: $2,400
  • Expense Management: $0
  • Expense Trash: $4,800
  • Expenses Other: $10,064
  • Expenses Utility: $8,168
  • Expenses Total: $53,878
  • Operating Expenses Include: Fee - Association, Fee - Property Tax
  • Gross Rent Multiplier: 16.45
  • Income Annual Gross: $179,010
  • Income Annual Rental: $186,392
  • Income Gross Scheduled: $188,432
  • Income Other: $2,040
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit Type 1
  • Unit Type1 Approx SqFt: 800

Property History for 710-712 Richmond 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 710-712 Richmond Avenue

Taxable ValueLand$619,651Additions$649,158Total$1,268,809
Tax Record2020$18,967 ($1,581 / month)
Home Facts
Total Finished SqFt6,580 SqFtAbove Grade Finished SqFt6,580 SqFtStories2Lot Size10,018 SqFtStyleMulti-Family Dwelling (2-4)Year Built1963Year Renovated1963ZoningR3HCountySANTA CLARAAPN28244020Fireplace TypeHas Fireplace

Schools near 710-712 Richmond Avenue

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

Monroe Middle School
Charter6 to 8

Del Mar High School
Public9 to 12

Campbell Distance Learning
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.

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710-712 Richmond Avenue is for sale in San Jose, CA 95128. This property was listed for sale on October 30, 2024 by Wall Street Realty, it's currently listed at $3,100,000. This listing's school districts are Campbell Union School District, Campbell Union High School District. Nearby schools include Sherman Oaks Elementary School, Monroe Middle School and Del Mar High School. 710-712 Richmond Avenue is a 0-bed, 0-bath, 6,580 sqft built in 1963.

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 Wall Street Realty, Sami Sada, DRE #00858317

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.