$1,948,000

Estimated payment $12,800/month

Total Views 32,229
8 Beds
6 Baths
4,281 Sq Ft
$455 Price per Sq Ft

Highlights

  • Coin Laundry
  • Del Mar High School Rated A-
  • Carpet

About This Home

Rare opportunity to own a cozy fourplex well situated on an established San Jose neighborhood. All units are currently occupied and units are always in high demand. The property has mix of 1 x (3 bedrooms / 2.5 bath) town home style owner's unit approx.1250 sqft, 2 x (2 bedrooms / 1 bath) units approx.850 sqft each and 1 x (1 bedroom/ 1 bath) approx. 550 sqft. Few minutes from Pruneyard, Valley Fair and Santana Row, convenient access to Hwys 17, 880, 280, and Guadalupe Expressway. Great opportunity to get into the rental market!

Listing Agent

William Pan

Green Valley Realty USA License #01491446 Listed on: 05/05/2025

Green Valley Realty USA

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,170 Sq Ft Lot

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4,281 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Kitchen

  • Oven or Range
  • Disposal

Flooring

  • Carpet
  • Laminate

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,100
  • Maintenance Expense $2,934
  • Manager Expense $9,825
  • Other Expense $2,000
  • Utility Expense $7,549
  • Trash Expense $3,118
  • Operating Expense $48,171
  • Gross Income $92,795

Additional Features

  • 4,281 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Parking

2

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 61
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4281
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Appliances - Vary By Unit, Oven Range, Refrigerator
  • Living Sq Ft: 4281
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Laminate, Carpet

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Covered Parking, Parking Area
  • Carport Min: 2

Utilities

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

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1646
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7170.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7170.00

Rental Info

  • Existing Lease Term(s): Lease(s)
  • Gross Rent Multiplier: 20.36
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2100
  • Expense Landscape: 1200
  • Expense Maintenance: 2934
  • Expense Management: 9825
  • Expenses Other: 2000
  • Expenses Total: 48171
  • Expenses Utility: 7549
  • Expense Trash: 3118
  • Income Annual Gross: 92795.00
  • Income Annual Rental: 94465
  • Income Gross Scheduled: 95665
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 1200
  • Meters: Separate Electric, Separate Gas, Master Water
  • Number Of Buildings: 4
  • Operating Expenses Include: Insurance, Maintenance, Services - Gardener, Utilities
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2025 05/05/25 For Sale $1,948,000 -- $455 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML81989099

MLSListings

APN: 284-25-047