159 Hollywood Avenue Active

San Jose,CA 95112

$ 1499000

6 Beds

4 Baths

1765 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,765 sqft

Price per Sqft $849

MLS Listing ID ML81992086

Bedrooms 6

Full Baths 4

HOA Y/N No

Year Built 1922

Lot Size 5,040 Sqft

Property Sub-Type Detached

Source Datashare MLSListings

Property Description

A rare opportunity is knocking: Starting collecting rental income from Day One with a 6+% CAP rate (about $9000/m)! This is a turn-key cash cow business with immediate positive cash flow! Or live in one while the other pays your mortgage! Or embrace a multi-generational lifestyle ---- this fully renovated vintage style house with a brand new ADU delivers unparalleled flexibility. Located minutes away from Downtown San Jose, SJSU, SJC, SAP Center, shops, dining and transit. The main house (1455 sf) features 4 bed/3 full bath --- including 2 master suites and 2 separated entrances. All with modern finishes, recess lighting, wood flooring, central heating/AC plus mini-split. A large basement for extra storage. The detached ADU (310 sf) is brand new from top down, with full kitchen & bath, recess lighting, SPC flooring, mini split A/C. All done with permit. The laundry room has separate entrance. New landscaping front and back, new pavement for 4+ off-street parking. No signs, drive-by only. Please do NOT disturb the tenants. All furniture can be included.

Location

State CA

County Santa Clara

Interior

Heating Forced Air,Other

Cooling Central Air,Other

Fireplaces Number 1

Fireplaces Type Wood Burning

Fireplace Yes

Appliance Dishwasher,Gas Range

Exterior

Private Pool false

Building

Story 1

Water Public

Schools

School District San Jose Unified,San Jose Unified

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