$1,900,000
$50K PRICE INCREASE

Estimated payment $12,393/month

Total Views 9,666
8 Beds
4 Baths
3,674 Sq Ft
$517 Price per Sq Ft

About This Home

Opportunity knocks! A chance to purchase nice Fourplex in well sought after location in San Jose on the Los Gatos / Campbell boarder. All units are currently occupied and always in high demand. The property has 2 units upstairs and 2 units downstairs. Each units is approx. 918 sq ft. with 2 good size beds and 1 full bath. Each unit is bright and welcoming, featuring large double pane windows creating a warm and inviting atmosphere. Each unit has an assigned carport with large storage area. In addition, there are two open parking spaces available to the property, next to the carports. IB roofing was installed 2013. Crawlspace has earthquake retrofit metal brackets structure installed. On-site coin-operated laundry room for added convenience. The HOA community includes 27 fourplexes. HOA manage the park right in the middle of the circle. Branham High School has 9/10 rating. Located in the Cambrian Community close to shopping and restaurants. Easy access to Highways 17 and 85. Minutes to downtown Campbell, you're located right in the middle of everything you need with Cambrian and Campbell School Districts.

Listing Agent

Ken Yeung

Realty Pro License #01917362 Listed on: 03/14/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Home Design

  • Quadruplex

Interior Spaces

  • 3,674 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces

Additional Features

  • 8,102 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $480
  • Insurance Expense $3,709
  • Maintenance Expense $1,200
  • Other Expense $300
  • Utility Expense $6,500
  • Trash Expense $1,830
  • Operating Expense $28,616
  • Gross Income $115,854

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3AH
  • Subclass: Fourplex
  • Age: 62
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3674
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Living Sq Ft: 3674
  • Stories: 2

Exterior Features

  • Foundation: Crawl Space

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Ross Village
  • HOA Fees: 364
  • HOA Exist: Yes

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8100.00

Rental Info

  • Gross Rent Multiplier: 16.24
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3709
  • Expense Landscape: 480
  • Expense Maintenance: 1200
  • Expenses Other: 300
  • Expenses Total: 28616
  • Expenses Utility: 6500
  • Expense Trash: 1830
  • Income Annual Gross: 115854.00
  • Income Annual Rental: 113424
  • Income Gross Scheduled: 117024
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 3600
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Association, Fee - Property Tax, Insurance, Maintenance, Maintenance - Laundry, Services - Gardener, Services - Sewer, Utilities - Hot Water, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

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
03/26/2025 03/26/25 Price Changed $1,900,000 +2.7% $517 / Sq Ft
03/14/2025 03/14/25 For Sale $1,850,000 -- $504 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML81998056

MLSListings

APN: 419-01-026