520522 Madera Avenue, San Jose, California 95112, San Jose, - bed, bath

ACTIVE$1,399,000
520522 Madera Avenue, San Jose, California 95112
0Bed
0Bath
3,468Sqft
8,736Lot
Year Built
1922
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82024732
Home ConditionFair
Features
View-
About this home
This Cash Cow Is Ready for The New Owner. Long Term Tenants Create Stability While Presenting an Opportunity for Upside Potential. Current Owner is Doing Work to Make This a Low Maintenance Investment! Make This Property Work For You! Price is Very Attractive & Property has Many Options!
Price History
Date
Event
Price
10/14/25
Listing
$1,399,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,468 | 2,058 | 89% |
| Lot Size | 8,736 | 6,348 | 89% |
| Price | $1.4M | $1.02M | 89% |
| Price per square foot | $403 | $528 | 11% |
| Built year | 1922 | 1955 | 22% |
| HOA | |||
| Days on market | 22 | 168 | 11% |
Condition Rating
Fair
The property was built in 1922, making it over 100 years old. While the exterior appears well-maintained and freshly painted, suggesting recent upkeep, the kitchen shows signs of being outdated. The kitchen features traditional wood cabinets, speckled laminate or granite-look countertops, and older white appliances (gas range and microwave), with a mismatched black/stainless dishwasher. This style suggests a renovation that likely occurred 15-25 years ago. Although functional and clean, the kitchen would require significant updates to meet current aesthetic and quality standards. No bathroom images were provided, but based on the kitchen, it's reasonable to assume similar age or condition. The property is maintained but clearly shows its age in terms of interior style and features, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Strong Income Potential: As a quadruplex with long-term tenants and described as a 'Cash Cow,' the property offers immediate and stable rental income, making it an attractive investment.
Investment Upside Potential: The listing explicitly mentions 'upside potential,' suggesting opportunities for future rent increases, property value appreciation, or further optimization of the units.
Strategic Location: Located in San Jose, California, a high-demand market known for robust rental demand and strong property value growth, enhancing its long-term investment appeal.
Proactive Owner Improvements: The current owner is actively performing work to make it a 'low maintenance investment,' potentially reducing immediate capital expenditures for the new owner.
Attractive Pricing: The listing highlights the 'very attractive' price, indicating a potentially good value proposition relative to market conditions or expected returns for a multi-unit property in San Jose.
Cons
Property Age: Built in 1922, the property's age may imply older infrastructure, systems, and a higher likelihood of requiring significant maintenance or unexpected repairs in the future.
Vague Renovation Details: While work is being done, the description lacks specific details on the scope, quality, or completion status of these improvements, creating potential unknowns for a buyer.
Tenant-Occupied Sale: While long-term tenants provide stability, their presence can complicate property showings, inspections, and immediate rent adjustments if current leases are below market rates.

