1 month on rocket

520 Madera Ave, San Jose, CA, 95112

$1,595,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,468 SqFt
$460/SqFt
Multi
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

520 Madera Ave, San Jose$1,595,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1922
HeatingWall Furnace
MLS #ML81956942
Lot Size0.20 Acres
StatusActive

About 520 Madera Ave

520 Madera Ave is a 4-unit property consisting of two separate buildings (1) 3 bed 1.5 bath (1) 2 bed 1 bath (2) 1 bed 1 bath units, with record low vacancy rates over the years with long-term tenants. This property is professionally managed by a local property management company with over 20 years of experience, fully rented with competent rents in a strong rental market with some room to improve. The property is with proximity to many new developments in the area, with easy access to Freeway 101 North and South, and the interstate 880, making it simple and convenient for the daily commuter. Close proximity to san Jose State University, and SJC Airport. San Jose is home to many companies, such as Cisco, PayPal, FICO, ZOOM, Western Digital, Sage Intacct, PWC, Adobe, and the Apple Headquarters. The property provides its tenants with washer and dryer hook-ups, for their convenience if they choose to provide their own. Most of the tenants are long-term and have month-to-month leases. The roof is low pitch with asphalt shingles, while the foundation is a concrete perimeter with a crawl space. This parcel is not in city inspections or city rent control areas. Tenants get billed back for garbage $51 a month/unit. Unit 1 gets billed back $125 for PG&E

Property Details

Property Features

Property Information:

  • Year Built: 1922
  • Stories: 1
  • Living Area: 3,468 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 345-3000
  • Listing Agent: Ray Rodriguez

Exterior Features

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • San José High School, Public District Grades 9-12
  • Peter Burnett Middle School, Public District Grades 6-8
  • Walter L. Bachrodt Elementary School, Public Charter Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,595,000
  • Price Per SqFt: $460/SqFt

Tax Information:

  • Annual Amount: $13,040
  • Tax Year: 2021
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in San Jose, CA.

Map thumbnail provided by MapBox

San Jose, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$840

Avg. Days On Market

16

# of Sold Homes

477

520 Madera Ave vs San Jose

49 DAYS ON ROCKET

+33 Days

$1,595,000

+$254.9K More

$460/SqFt

-$381 Less

KEY TAKEAWAY

This property is $254.9K more than the Median Sold Price and $381/SqFt less than other homes in San Jose, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81956942

Listing Office:

  • Office Name: Compass
  • Office Phone: (415) 345-3000
  • Listing Agent: Ray Rodriguez

IDX Based on information from California Regional Multiple Listing Service, Inc. 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 broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:20:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 31, 2014Home Sold
$730,000
Oct 01, 1992Home Sold
$185,000

Tax History

YEARPROP. TAXASSESSMENT
2021$13,040$810,420
2020$13,040$802,111
2019$12,473$786,384
2018$12,473$770,966
2017$12,331$755,850

History based on county public records data.

Payment Calculator

$8,028

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,848

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1618019
5
/10

  • Walter L. Bachrodt Elementary School

  • 102 Sonora Ave

  • 1.14 miles

  • Public Charter Grades KG-5

Middle School

school-card-donut-1618020
3
/10

  • Peter Burnett Middle School

  • 850 N 2nd St

  • 0.61 miles

  • Public District Grades 6-8

High School

school-card-donut-1618021
3
/10

  • San José High School

  • 275 N 24th St

  • 1.29 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,909. The majority of San Jose, CA residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›San Jose›95112›520 Madera Ave

This home is located at 520 Madera Ave in San Jose, CA and zip code 95112 in the Downtown San Jose neighborhood. This 3,468 square foot home, which was built in 1922, sits on a 0.20 acre lot. It has been listed on Rocket Homes since March 09, 2024 and is currently priced at $1,595,000.

Over 360 listings were sold over their listed price in March 2024 in San Jose, CA. In the same period over 64 listings were sold below the listed price and 37 listings were sold for the listed price. The number of homes for sale in San Jose, CA increased by 19.9% between February 2024 and March 2024. In March 2024 median list price was $1,340,050 and the average listing age was 16 days.

From Rocket Homes Real Estate and based on county public records data.

More Resources