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401-403 Lynn Ave
Milpitas, CA 95035
2,219 SF Duplex For Sale · Multifamily Property For Sale
·
2 Units
Investment Highlights
- Approximately 2,219 SF Duplex on a 8,050 SF Parcel of Land - Built in 1971
- Both Tenants are on Month-to-Month Leases
- Directly Behind William Burnett Elementary School
- This Duplex Consists of a 3 bed/2 bath Unit and a 2 bed/ 1 bath Unit
- The Investment Appeal of this Asset is Driven by Milpitas's Strong Employment and Low Vacancy Rates
- 0.70 Miles Away from the Milpitas Unified School District off E Calaveras Blvd
Property Facts
| No. Units | 2 | Building Size | 2,219 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Garden | Year Built | 1971 |
| Building Class | C | Parking Ratio | 0.9/1,000 SF |
| Lot Size | 0.18 AC | ||
| Zoning | R*2 - MDR - Medium Density Residential | ||
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 2,219 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1971 |
| Parking Ratio | 0.9/1,000 SF |
| Zoning | R*2 - MDR - Medium Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 3+2 | 1 | - | - |
Property Taxes
| Parcel Number | 029-21-025 | Improvements Assessment | $442,170 |
| Land Assessment | $1,040,400 | Total Assessment | $1,482,570 |
Property Taxes
Parcel Number
029-21-025
Land Assessment
$1,040,400
Improvements Assessment
$442,170
Total Assessment
$1,482,570
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