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181 Alexander AvenueSan Jose, CA 95116

For Sale

$1,750,000

Smart Buyer Rebate $17,500

Amazing opportunity to buy a four unit building at a great cap rate . Unit 2 & 3 has been completely remodeled with new floorings, appliances, kitchen and bathroom and new mini split HVAC and washer 7 dryer . This well-maintained 4 unit building has a large lot and off street parking. Comfortable loft -style units, each unit has it own yard space. Unit 1 & 4 is livable but has not yet remodel with potential for more income . Close to 680 and 101 this property gives great access to all of the bay area including jobs, shopping and entertainment. With both 2 and 1 bed units the building offers desirable and in demand rentals. All tenants would like to stay!

Listed by Tan Nguyen

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License #01843858

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Akimax Lending

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408-807-7235

Listed by Kaylee Tran

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License #02119916

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Akimax Lending

Last updated June 20, 2025

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Source: MLSListings #ML82011231

Listing Facts

  • TypeMulti-family
  • NeighborhoodAlexander
  • Days on Prevu83
  • Taxes$19,577/year
  • Size3,206 sqft
  • Price per sqft$546

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

06/16/2025
Listed by Akimax Lending
$1,750,000

Property Details for 181 Alexander Avenue

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Year Built: 1962
  • Year Built Details: 2

Measurements

  • Building Area Total: 3,206
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,600
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,600
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.36
  • Gross Income: $103,848.00
  • Operating Expense Includes: Maintenance, Water/Sewer

Taxes

  • Parcel Number: 484-05-061
  • Tax Annual Amount: $19,577.00

Interior

Features

  • Flooring: Laminate

Measurements

  • Living Area: 3,206

Other

Features

  • Accessibility Features: Parking

Parking

Parking

  • Carport Spaces: 3
  • Carport: Yes
  • Parking Features: Assigned Spaces, Carport
  • Parking Total: 2

Schools

Elementary School

  • Elementary School District: Alum Rock Union Elementary

High School

  • High School: Independence High
  • High School District: East Side Union High

Utilities

Equipment

  • Cooling: Window/Wall Unit
  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.