2529 Madden Ave is a 4-unit two-story building consisting of (2) 3 Bed 1 Bath and (2) 2 bed 1 bath units. The area where the building is situated has plenty of off-street parking, and the property provides designated parking spaces for its tenants. The building has a great corner 0.13-acre lot with an on-site washer/dryer. Fully rented with record low vacancy rates in the last 5+ years. All of the units have long-term tenants, and a professional property management company currently manages it.
The property is right off of 680 and McKee Rd, providing its residents with easy and hassle-free access to California 680, 880, and Freeway 101; quite convenient for the daily commuter. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, the nearby Apple Headquarters in Cupertino.
The roof is made of vinyl membrane and fairly new. The building has a fresh coat of paint and all-new windows. The foundation is a concrete perimeter with a crawl space. The property has a communal patio and manicured landscaping that is taken care of by one of the tenants.
Unit 2 rents out storage at $110.
Sold for $1,480,000
Tax assessed value
$1,480,000
2529 Madden Ave, San Jose, CA 95116
10beds
4baths
3,150sqft
Quadruplex, Residential Income
Built in 1964
-- sqft lot
$1,528,300 Zestimate®
$470/sqft
$2,683 Estimated rent
Home value
$1,528,300
$1.41M - $1.65M
$2,683/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Ray Rodriguez 01999734 626-779-9360,
Compass 415-345-3000,
Tony Zizzo 01962093 650-770-8356,
Compass
Bought with:
Man T Hoang, 01385426
Pacificwide Real Estate & Mortgage
Source: MLSListings Inc,MLS#: ML81956927
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: Coin Operated
Features
- Doors: Other
Interior area
- Total structure area: 3,150
- Total interior livable area: 3,150 sqft
Property
Parking
- Parking features: Assigned, Parking Area
- Has carport: Yes
Accessibility
- Accessibility features: Other
Features
- Stories: 2
Lot
- Size: 5,663 Square Feet
Details
- Parcel number: 48405069
- Zoning: RM
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter, Crawl Space
- Roof: Composition
Condition
- Year built: 1964
Utilities & green energy
- Utilities for property: Individual Electric Meters
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $470/sqft
- Tax assessed value: $1,480,000
- Annual tax amount: $19,267
- Date on market: 3/8/2024
- Listing agreement: ExclusiveAgency
- Inclusions: Building, Land
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 7/31/2024 | Sold | $1,480,000-1.2%$470/sqft |
Source:  MLSListings Inc #ML81956927 Report a problem | ||
| 7/1/2024 | Pending sale | $1,498,000$476/sqft |
Source: MLSListings Inc #ML81956927 Report a problem | ||
| 7/1/2024 | Listed for sale | $1,498,000+42.7%$476/sqft |
Source: MLSListings Inc #ML81956927 Report a problem | ||
| 9/19/2016 | Sold | $1,050,000+52.2%$333/sqft |
Source: Public Record Report a problem | ||
| 12/6/2000 | Sold | $690,000$219/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $21,278 +21% | $1,480,000 +23.9% |
| 2024 | $17,587 +2% | $1,194,715 +2% |
| 2023 | $17,239 +1.8% | $1,171,290 +2% |
| 2022 | $16,939 +3.4% | $1,148,324 +2% |
| 2021 | $16,380 +1% | $1,125,809 +1% |
| 2020 | $16,214 | $1,114,267 +2% |
| 2019 | $16,214 +3.7% | $1,092,420 +2% |
| 2018 | $15,640 | $1,071,000 +2% |
| 2017 | $15,640 -0.6% | $1,050,000 +19.6% |
| 2016 | $15,727 +22.1% | $878,287 +1.5% |
| 2015 | $12,882 +3% | $865,096 +2% |
| 2014 | $12,501 | $848,151 +0.5% |
| 2013 | -- | $844,318 +2% |
| 2012 | -- | $827,764 +2% |
| 2011 | -- | $811,534 +0.8% |
| 2010 | -- | $805,469 -0.2% |
| 2009 | -- | $807,383 +2% |
| 2008 | -- | $791,553 +2% |
| 2007 | -- | $776,034 +2% |
| 2006 | -- | $760,819 +8.7% |
| 2005 | -- | $700,000 |
| 2004 | -- | $700,000 +6.1% |
| 2003 | -- | $660,000 -1.5% |
| 2002 | -- | $670,000 -2.9% |
| 2001 | -- | $690,000 |
Find assessor info on the county website
Neighborhood: Alum Rock-East Foothills
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Nearby schools
GreatSchools rating
- 6/10Anthony P. Russo AcademyGrades: K-5Distance: 0.5 mi
- 4/10William Sheppard Middle SchoolGrades: 6-8Distance: 0.8 mi
- 3/10James Lick High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: AlumRockUnionElementary
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,528,300
Get a cash offer in 3 minutes
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Estimated market value
$1,528,300
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