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.
MLS #
ML82015763
MLS Source
MLSListings, Inc.
Cooling
Ceiling Fan, Window/Wall Unit
Heating
Central Forced Air, Wall Furnace
Roof
Composition, Shingle
Foundation
Concrete Perimeter
Garage/Parking
Assigned Spaces, Attached Garage, Carport, Garage: 1 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
R3
Listing Agent
Jimmy Castellanos
Marcus & Millichap
License #: 02024152
Phone: (408) 483-5040
Co-Listing Agent
Aj Decristoforo
Marcus & Millichap
License #: 02162593
Phone: (408) 709-0383
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | 4 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | – | 3 | 2/0 | $3,776 |
2 | – | 3 | 2/0 | $3,767 |
3 | – | 2 | 1/0 | $3,132 |
4 | – | 2 | 1/0 | $3,060 |
1360 Lick Ave is a Residential Income in San Jose, CA 95110. This 3,786 square foot property sits on a 7,800 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,800,000 and was built in 1979.
This address can also be written as 1360 Lick Ave, San Jose, CA 95110.©2025 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
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This listing information is up-to-date as of August 12, 2025. For the most current information, please contact Jimmy Castellanos, (408) 483-5040