$1,999,000

Estimated payment $12,598/month

8 Beds
5 Baths
3,672 Sq Ft
$544 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Park or Greenbelt View
  • Balcony
  • Oster Elementary School Rated A
  • Granite Countertops
  • Tile Flooring

About This Home

Turnkey 4-plex in a prime San Jose location near the Los Gatos/Campbell border, within the top-rated Campbell Union High School District. Each spacious 2-bed, 1-bath unit (~920 sq ft) is currently rented at market rate, delivering a strong cap rate. The property offers carport parking with dedicated storage, a private park-like setting, and a quiet, walkable neighborhood close to Safeway, restaurants, and major freeways (CA-85, I-280, CA-17). A rare, low-maintenance investment ideal for long-term passive income.

Listing Agent

Suke Zhao

Bayview Realty & Financial License #01381564 Listed on: 10/02/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 8,102 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Traditional Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Shingle Roof
  • Smart Vent Roof
  • Composition Roof

Interior Spaces

  • 3,672 Sq Ft Home
  • 2-Story Property
  • Park or Greenbelt Views
  • Attic Fan
  • Washer and Dryer

Kitchen

  • Range Hood
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 4 Carport Spaces
  • Off-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • 3,672 Sq Ft Building

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $780
  • Insurance Expense $2,138
  • Maintenance Expense $1,200
  • Utility Expense $3,200
  • Trash Expense $2,340
  • Operating Expense $31,639
  • Gross Income $129,502

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3AH
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Min Numberof Unitsin Complex: 27
  • Structure Sq Ft: 3672
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Countertop - Granite, Hood Over Range
  • Living Sq Ft: 3672
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • View: Park
  • Yard/Grounds: Balcony / Patio, Sprinklers - Lawn, Sprinklers - Auto, Low Maintenance
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Carport, Off-Street Parking
  • Carport Min: 4

Utilities

  • Heating System: Central Forced Air, Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 360
  • HOA Exist: Yes

Schools

  • High School: 237

Lot Info

  • Lot Description: Paved
  • 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

Green Features

  • Energy Features: Attic Fan, Low Flow Shower, Low Flow Toilet, Ceiling Insulation, Smart Vent Roof

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.59
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2138
  • Expense Landscape: 780
  • Expense Maintenance: 1200
  • Expenses Total: 31639
  • Expenses Utility: 3200
  • Expense Trash: 2340
  • Income Annual Gross: 129502.00
  • Income Annual Rental: 125220
  • Income Gross Scheduled: 128220
  • Income Includes: Coin Operated Equip, Laundry
  • Income Other: 3000
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Loan - Mortgage
  • Tenant Expenses: Utilities - Electric, Utilities - Heating

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
10/02/2025 10/02/25 For Sale $1,999,000 -- $544 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82023597

MLSListings

APN: 419-01-027