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407 Raymond Ave
San Jose, CA 95128 Burbank

$1,298,000 USD

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
  • Cap Rate 4.25 %
0 Transit Score
82 Walk Score

Highlights

Ideal owner/user or investment opportunity for a traditional multifamily duplex ready for immediate occupancy and listed below replacement cost.
Desirable location with quick connections to Highway 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.
Perfect for student housing and medical professionals, this is 4 minutes away from Santa Clara Valley Medical and San Jose City College.
New renovations include flooring, paint, blinds, lighting, built-in microwaves, a toilet, and a sliding door (Unit B), and landscaping.
Close to a myriad of amenities, including Best Buy, Crate & Barrel, Bloomingdale's, Target, Anthropologie, and Trader Joe's.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $57,200 USD (2025)
Cap Rate: 4.25 %
Total Expenses: $22,000 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
5 min - 1.9 mi
6 min - 2.2 mi
AirportDriveWalkDistance
Norman Y Mineta San Jose International 8 min - 3.5 mi
Metro Oakland International 47 min - 37.4 mi
San Francisco International 48 min - 37.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 4
Type: Surface
Included in Rent: Yes
Christian Renz 408-665-9391 Renz & Renz Investment & Commercial Brokerage
Christian Renz 408-665-9391 Renz & Renz Investment & Commercial Brokerage