1360 Lick AVE, San Jose, CA 95110

$1,800,000
10
BD
3,786
SqFt

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Listed by Jimmy Castellanos, 408-483-5040 from Marcus & Millichap
(If provided) CoList: AJ Decristoforo from Marcus & Millichap

Sold listing courtesy of Jairo Arreola from RBT

Sold Price
$1,800,000
List Price
$1,700,000
Closing Date
Aug 12, 2025
MLS#
ML82015763
Status
SOLD
Zoning
R3
Sqft. of Residence
3,786
Lot Size
7,800
Listing Area
Central San Jose

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.

Additional Information

Acres
0.18
Age
46
Cooling System
Ceiling Fan, Window / Wall Unit
Days On Market
Unknown
Foundation
Concrete Perimeter
Garage Parking
Assigned Spaces, Attached Garage, Carport
Heating System
Central Forced Air, Wall Furnace
Living Area
3,786
Lot Size
7,800
Neighborhood
Central San Jose
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Composition, Shingle
Sewer
Sewer - Public
Zoning
R3

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