California
San Jose
1360 Lick Avenue

$1,700,000

1360 Lick Avenue, San Jose, CA 95110

3,786 sqft

Multi-Family Home
Built in 1979
7,802sqft lot
1 car garage
$449/sqft
Listed 10 days ago

Property Description

7.04% Current Cap Rate! All Section 8 renters. Three of the four units have been upgraded. 1360 Lick Avenue presents a rare opportunity to acquire a fourplex community situated on a standalone 7,800 square foot parcel. Built in 1979, the property features an ideal unit mix consisting of two spacious 3-bedroom/2-bath units and two 2-bedroom/1-bath units. The building totals approximately 3,786 square feet and offers covered parking at the rear for tenant convenience. Three of the four units have been remodeled. With a strong in-place cap rate, 1360 Lick Ave delivers a rare opportunity to achieve immediate cash flow in a stabilized, central San Jose location.

Listing Status:: Active
Date Added:: July 24, 2025 at 05:00AM
Listing Office:: Marcus & Millichap : (650) 391-1700
Listing Agent:: Jimmy Castellanos : 408-483-5040
MLS ID:: ML82015763

A/C: Wall/Window Unit(s)
Heating: CentralWall Furnace
Disability Feature: Other

This listing courtesy of Jimmy Castellanos, Marcus & Millichap

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Property Taxes $
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Location

Schools Nearby

Hammer Montessori at Galarza Elementary School

1610 Bird Ave, San Jose, CA, 95125

Grades KG-5

0.66 miles away

River Glen

1088 Broadway Ave, San Jose, CA, 95125

Grades KG-8

1.09 miles away

Willow Glen High School

2001 Cottle Ave, San Jose, CA, 95125

Grades 9-12

1.61 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.