407 Raymond Ave 2 Unit Apartment Building Offered at $1,989,186 CAD at a 3.30% Cap Rate San Jose, CA 95128

407 Raymond Avenue is a two-unit residential property that features mirrored units boasting unique features such as private laundry closets for each unit, private entrances, private and secluded patios, a two-car covered carport, and an abundance of parking. Each unit is approximately 1,040 square feet in size. The first floor boasts an inviting layout, complete with a well-designed kitchen, a spacious living room, and a charming patio. Upstairs, the second floor offers two comfortable bedrooms and a full bathroom. Current occupancy indicates that one unit is available for immediate occupancy and has been lightly remodeled with new paint and blinds, while the second unit is in the process of being vacated. The outside area is adorned with mature fruit trees, including avocado, orange, and fig, offering tenants access to fresh produce.

Located just two minutes from Highway 280 and four minutes from Highway 880, this property offers unparalleled convenience. The Westfield Valley Fair Mall, anchored by Nordstrom and Macy's, is a mere five-minute drive away and features dining options like Cheesecake Factory, Shake Shack, Eataly, and California Pizza Kitchen. Adjacent to the mall is Santana Row, an upscale destination featuring a diverse range of shops, bars, and restaurants. San Jose City College is within a 15-minute walk, making this location ideal for students and faculty. Additionally, O'Connor Hospital and Santa Clara Valley Medical Center are only a mile away, providing easy access for medical professionals and healthcare services.

407 Raymond Avenue’s exceptional combination of property features and strategic location for a standout investment or owner/user opportunity in the heart of San Jose.