$1,500,000

Estimated payment $8,847/month

7 Beds
6 Baths
3,420 Sq Ft
$439 Price per Sq Ft

About This Home

Rare two 3-unit, two-parcel multifamily investments located in an Opportunity Zone and positioned near San Joses future 28th Street/Little Portugal BART Station and Five Wounds Urban Village growth corridor. - Two Parcels Can be sold together or separately - APN : 472-04-095 (has units A, B, C - right-side building) / 472-04-096 (has units D, E, F - left-side building). - 6 Units Total Two 3-Br, 1.5-ba units, Four 2-Br / 1.5Ba units - 3,420 Sq.Ft. Each building / Wood Frame / 1965 Built / Spanish - 8,381 Total Lot Size / R3 Zoning - Located in a Designated Opportunity Zone Potential tax incentives for qualified investors - Undermarket Rents Strong value-add potential - Needs Some TLC Great candidate for renovation and repositioning - Ample Parking Has generous lot size

Listing Agent

Melinda Collins

NextHome Axis Realty License #01178494 Listed on: 04/24/2026

NextHome Axis Realty

Co-Listing Agent

Meg Collins

NextHome Axis Realty License #02229230

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Home Design

  • Triplex
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,420 Sq Ft Home
  • 2-Story Property

Parking

  • 3 Parking Spaces
  • 3 Carport Spaces
  • Uncovered Parking

Utilities

  • Wall Furnace

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 3 Leased Units
  • Gardener Expense $1,500
  • Insurance Expense $2,949
  • Maintenance Expense $3,150
  • Manager Expense $4,284
  • Utility Expense $4,897
  • Trash Expense $2,943
  • Operating Expense $31,521
  • Gross Income $85,680

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

8,276 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3420
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Living Sq Ft: 3420
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter And Slab, Wood Frame
  • Roof: Shingle

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Carport, Uncovered Parking
  • Carport Min: 3

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8381.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8381.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.51
  • Number Of Leased: 3

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2949
  • Expense Landscape: 1500
  • Expense Maintenance: 3150
  • Expense Management: 4284
  • Expenses Total: 31521
  • Expenses Utility: 4897
  • Expense Trash: 2943
  • Income Annual Gross: 85680.00
  • Income Annual Rental: 85680
  • Income Gross Scheduled: 85680
  • Meters: Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Insurance, Loan - Mortgage, Services - Gardener, Services - Trash Removal, Utilities - Electric, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,392 $775,200 $495,819 $279,381
2024 $11,392 $760,001 $486,098 $273,903
2023 $11,236 $745,100 $476,567 $268,533
2022 $11,012 $730,491 $467,223 $263,268
2021 $10,983 $716,168 $458,062 $258,106
2020 $9,722 $631,466 $384,431 $247,035
2019 $9,354 $619,086 $376,894 $242,192
2018 $9,358 $606,948 $369,504 $237,444
2017 $9,240 $595,048 $362,259 $232,789
2016 $8,780 $583,381 $355,156 $228,225
2015 $5,489 $331,729 $138,219 $193,510
2014 $5,296 $325,232 $135,512 $189,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2026 04/24/26 For Sale $1,500,000 -- $439 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82044582

MLSListings

APN: 472-04-095

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