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407 Raymond Ave
San Jose, CA 95128 Burbank

Price Upon Request

Multifamily For Sale  •  2,080 SF

Property Details

  • Property Type Multifamily
  • Total Building Size 2,080 SF
  • Lot Size 0.09 AC
  • Year Built 1980
50 Transit Score
70 Walk Score

Highlights

Ideal owner/user or investment opportunity to purchase a traditional multifamily duplex currently leased under market rates.
Desirable location with quick connections to Highways 280 and 880, commuting throughout the Bay Area and Silicon Valley.
Rare unit features include covered carports, secluded patios, laundry closets, storage space, and private entrances.
Excellent demographics with a surrounding population of over 990,054, bringing in a median household income of $141,565.
One unit is vacant with light updates, such as new floors, paint, blinds, and some appliances, while the other unit is currently being vacated.
Close to a myriad of amenities, including Best Buy, Crate & Barrel, Bloomingdale's, Target, Anthropologie, and Trader Joe's.

Financial Summary (Proforma)

Net Operating Income: $51,188 USD (2026)
Total Expenses: $24,412 USD

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities
  • Storage Space
  • Washer/Dryer Hookup
  • Eat-in Kitchen
  • Yard
  • Patio
  • Porch
  • Private Bathroom

Public Transportation

Commuter RailDriveWalkDistance
San Jose Diridon Caltrain Station Southbound (Express - Caltrain (Caltrain), Limited - Caltrain (Caltrain), Local Weekday - Caltrain (Caltrain), Local Weekend - Caltrain (Caltrain), South Santa Clara County Connector - Caltrain (Caltrain)) 4 min - 1.9 mi
San Jose (Capitol Corridor - Capitol Corridor Joint Powers Authority) 5 min - 2.3 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 8 min - 3.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes