45 22nd Street, San Jose, CA 95116

San Jose
Local realty services provided by:ERA North Orange County Real Estate
45 22nd Street,San Jose, CA 95116
$1,750,000
  • - Beds
  • - Baths
  • 3,122 sq. ft.
  • Multi-family
  • Active
Listed by: cassandra smillie wyckoff
Office: marcus & millichap
MLS#:82055127
Source:MLSListings

Price summary

  • Price:$1,750,000
  • Price per sq. ft.:$560.54

About this home

Marcus & Millichap is proud to present 45 S. 22nd Street, a newly 1990 built residential multifamily complex in downtown San Jose, CA. This turnkey Silicon Valley fourplex delivers a 6%+ pro-forma cap rate with exemption from the local Rent Ordinance of 5% maximum increase. A proven floor plan comprises four spacious 1-bedroom, 1-bathroom units (averaging ~780 sq. ft.) featuring an identical, highly functional layout two units on the ground floor and two on the upper level boasting with natural light. Premium turnkey interiors fully remodeled within the last 9 years, units boast durable tile flooring, new window's in half the units, sleek granite kitchen countertops, and a complete appliance package including a stove, refrigerator, and dishwasher. In-demand tenant amenities, each unit designed for independent living with its own dedicated water heater, private laundry hook-ups, soaring high ceilings, and abundant natural light. The outdoor living offers an enjoyable premium...

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Home facts

  • Year built:1990
  • Listing ID #:82055127
  • Added:98 day(s) ago
  • Updated:October 29, 2026 at 04:37 PM

Rooms and interior

  • Kitchen Description:Built-in Oven/Range Combo, Dishwasher, Garbage Disposal
  • Living area:3,122 sq. ft.

Heating and cooling

  • Cooling:Central Air, Central Forced Air - Gas
  • Heating:Central Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1990
  • Building area:3,122 sq. ft.
  • Lot area:0.18 Acres
  • Foundation Description:Concrete Perimeter, Crawl Space

Schools

  • High school:San Jose High Academy
  • Middle school:Muwekma Ohlone Middle School
  • Elementary school:Selma Olinder Elementary

Utilities

  • Water:City/Public, Individual Water Meter
  • Sewer:Sewer - Public

Finances and disclosures

  • Price:$1,750,000
  • Price per sq. ft.:$560.54

Features and amenities

  • Laundry features:Washer/Dryer
  • Amenities:High Ceiling

Parking

  • Parking description:1 Cars Carport, Common Garage
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