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Milpitas Shared Residence Investment

1260 Glacier Dr Milpitas, CA 95035

1260 Glacier Dr, Milpitas, CA, 95035
$1,689,000
For Sale
$1,689,000

Shared residence investment property with high monthly rental income.

Lot Size0.13 Acres
Days on Market117

Property Features for 1260 Glacier Dr

General Information

Standard status
Active
Lot size
0.13 Acres
Property subtype
Investment

Building Details

Year Built
1970
Listing Agency
Listed by Earle Makin
Source Elliman
Added: Mar 23 Checked: Jul 17 at 2:58 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Earle Makin


Investment Insights

Based on property information with market context.

This shared residence investment property accommodates 8 renters under contract, each occupying a private bedroom, with shared kitchen and laundry facilities. Internet service is currently provided. The property features two primary bedrooms with ensuite bathrooms, and two additional full bathrooms shared by the other tenants. The property is situated close to major thoroughfares including 680, 237, and 880, facilitating convenient commuting. Major grocery stores and restaurants are located nearby, and neighborhood parks are within a short walking distance. Ed Levin County Park and Spring Valley Golf Course are also located within minutes of the property. The property generates over $8,000 per month in rental income.

Key Highlights

  • High monthly rental income ($8,000+)
  • Investment property with existing tenant contracts
  • Shared residence with 8 individual bedrooms

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Residential income properties

Suggested Use

Law Firm (Bike/Boat/Book/etc) Store Barber Shop Locksmith Florist (Bike/Boat/Book/etc) Store Cosmetic Store (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Residential income property - Shared residence investment property with high monthly rental income.
Where is this residential income property located?
The property is located at 1260 Glacier Dr Milpitas, CA.
What is the asking price?
The asking price for this property is $1,689,000.
What are key features of this property?
This property features: High monthly rental income ($8,000+); Investment property with existing tenant contracts; Shared residence with 8 individual bedrooms
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