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Investment Highlights

  • Prime Location
  • Investment or User
  • Move in Ready

Executive Summary

Both units offer IMMEDIATE OCCUPANCY! Renovations include: New flooring, paint, blinds, lighting, built in microwaves, sliding door (Unit B), bathroom remodel (Both Units), landscaping etc. Property Summary: This 2-unit residential property features mirrored units boasting unique features such as private laundry closets for each unit, private entrances, private and secluded patios, 2 car covered carport and an abundance of additional off-street parking. Each unit is approximately 1,040 Sqft and fea-tures a kitchen, living room and patio 1st floor, 2 bedrooms, 1 full bath 2nd floor. Mature Fruit Trees! Avocado & Orange! Location Overview: Prime location is just 2 minutes from Hwy 280 and 4 minutes from Hwy 880. Just 5 minutes from Westfield Valley Fair. 4 Minutes from San Jose City College makes this property ideal for Student Housing! Live in one, rent the other to a student? This property offers many unique opportunities to owner users and investors alike! Excellent Location Excellent Demographics Ideal Owner User or Investment Below Replacement Cost Mature Fruit Trees 4 Minutes to San Jose City College 2 Minutes to Hwy 280 and 880 Ready for IMMEDIATE OCCUPANCY

Property Facts

Price $1,775,044 CAD
Price Per Unit $887,522 CAD
Sale Type Investment
No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Building Class C
Lot Size 0.09 AC
Building Size 2,080 SF
Average Occupancy 0%
No. Stories 2
Year Built 1980
Parking Ratio 2.88/1,000 SF

Amenities

Unit Amenities

  • Storage Space
  • Washer/Dryer Hookup
  • Eat-in Kitchen
  • Yard
  • Patio
  • Porch

Site Amenities

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 - 1,040
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
277-08-045
Land Assessment
$48,246 CAD
Improvements Assessment
$186,812 CAD
Total Assessment
$235,057 CAD
  • Listing ID: 40664920

  • Date on Market: 2026-05-26

  • Last Updated:

  • Address: 407 Raymond Ave, San Jose, CA 95128

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