$1,500,000

Estimated payment $9,038/month

Total Views 1,103
7 Beds
6 Baths
3,420 Sq Ft
$439 Price per Sq Ft

About This Home

This is part of the two 3-unit (Units A,B,C), two-parcel multifamily investment located in an Opportunity Zone and positioned near San Jose's 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). The listed price of $1.5M is for each triplex. There are 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. Under market 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,798 $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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