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 layouttwo 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 double-patio layout (one large, one secondary), well-manicured common areas, and dedicated on site parking located safely in the rear.
Property Features
Cooling Information
Central Air
Gas
Heating Information
Central
Forced Air
House Interior
High Ceilings
Walk-In Closet(s)
Water Features
Public
Parking
Common
Basement
Crawl Space
School Information
School Information for 45 22nd Street, SAN JOSE, CA 95116
Elementary School
Selma Olinder Elementary
Middle School
Muwekma Ohlone Middle School
High School
San Jose High Academy
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Last Updated: 2026-07-26 01:40:22
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