2529 Madden AVE, San Jose, CA 95116
- $1,480,000
- 10
- BD
- 3,150
- SqFt
Listed by Ray Rodriguez, 626-779-9360 from Compass
(If provided) CoList: Tony Zizzo from Compass
Sold listing courtesy of Man T Hoang from PAW
- Sold Price
- $1,480,000
- List Price
- $1,498,000
- Closing Date
- Jul 31, 2024
- MLS#
- ML81956927
- Status
- SOLD
- Zoning
- RM
- Sqft. of Residence
- 3,150
- Lot Size
- 5,663
- Listing Area
- Alum Rock
Property Description
2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it. The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino. The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants. Unit 2 rents out storage at $110.
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Additional Information
- Acres
- 0.13
- Age
- 60
- Cooling System
- Window / Wall Unit
- Foundation
- Concrete Perimeter, Crawl Space
- Garage Parking
- Assigned Spaces, Parking Area
- Heating System
- Wall Furnace
- Laundry Facilities
- Coin Operated
- Living Area
- 3,150
- Lot Size
- 5,663
- Neighborhood
- Alum Rock
- Other Utilities
- Individual Electric Meters
- Roof
- Composition
- Sewer
- Sewer Connected
- Zoning
- RM
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