Sold

603 Penitencia Street, Milpitas, CA 95035

Sqft
1,860
Garage
Yes

View property features, location on map, relevant school information and overview from seller's agent.

Listed byKeller Williams Thrive
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Overview

Rare opportunity to own an expansive single-story duplex situated on a premium quarter-acre corner lot in one of Silicon Valleys most desirable cities. This versatile property offers a compelling blend of immediate rental income, significant recent upgrades, and future development potential. The property features two well-proportioned units, including one tenant-occupied unit providing stable income and one unit (lease end in May) ideal for owner-occupancy or premium rental. Both units have been improved with approximately $200K in total renovations, enhancing overall condition and livability. Upgrades include new luxury vinyl flooring, fresh interior paint, updated kitchen cabinetry, granite countertops, reroof and more. Each unit enjoys its own oversized private backyard, along with an attached garage featuring washer/dryer hookups, offering both comfort and convenience.The expansive quarter-acre corner lot presents excellent ADU and expansion possibilities (buyer to verify with city), creating additional income potential and long-term upside.Ideally located with easy access to Highways 680 and 880, and within highly rated school boundaries including Curtner Elementary, Thomas Russell Middle, and Milpitas High School.

Location

Full feature list

Basic info

Property type
Multi-family
Number of stories
1
Square feet
1,860
Year built
1961

Garage and parking

Garage parking spaces
2

Utilities

Heating
Central, Forced air, Natural gas
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$2,000

Taxes

Tax Annual Amount
$16,846

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: MLSListings (California) MLS®#: ML82039573 Last checked:

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