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.
Pending
$1,700,000
1360 Lick Ave, San Jose, CA 95110
--beds
--baths
3,786sqft
Est.:
Quadruplex,
Built in 1979
-- sqft lot
$1,680,500 Zestimate®
$449/sqft
$-- HOA
What's special
Covered parking
- 18 days
- on Zillow |
- 198 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: August 05, 2025 at 10:09am
Listed by:
Jimmy Castellanos 02024152 408-483-5040,
Marcus & Millichap,
AJ Decristoforo 02162593 408-709-0383,
Marcus & Millichap
Source: MLSListings Inc,MLS#: ML82015763

Travel times
Facts & features
Interior
Heating
- Central Forced Air, Wall Furnace
Cooling
- Ceiling Fan(s), Wall/Window Unit(s)
Features
- Doors: Other
Interior area
- Total structure area: 3,786
- Total interior livable area: 3,786 sqft
Property
Parking
- Total spaces: 4
- Parking features: Assigned, Attached, Carport
- Garage spaces: 1
- Carport spaces: 3
- Covered spaces: 4
Accessibility
- Accessibility features: Other
Features
- Stories: 2
Lot
- Size: 7,800 Square Feet
Details
- Parcel number: 43412085
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex,
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Condition
- Year built: 1979
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $449/sqft
- Tax assessed value: $1,617,784
- Annual tax amount: $19,436
- Date on market: 7/24/2025
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, Land, LeaseholdImprovements
- Lease term: Month To Month
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