$1,795,000
PENDING $154K PRICE DROP

Estimated payment $11,499/month

Total Views 7,199
8 Beds
4 Baths
3,328 Sq Ft
$539 Price per Sq Ft

Highlights

  • Coin Laundry
  • Branham High School Rated A
  • 4-minute walk to Butcher Park

About This Home

** Large Price Adjustment** Between Hillsdale and Camden Ave, this exceptionally located 4Plex is nestled in one of San Jose's most desirable neighborhoods. Four units with well-designed, spacious floor plans are set across two levels, each with long-term occupants. With an ever-robust market, San Jose ensures continued growth and stability with endless location advantages. Tenants will appreciate short commutes and convenient public transit to major Silicon Valley tech companies via highways 85, 87, and 17 or the VTA light rail and Caltrain nearby. There's plenty to do on weekends with various shopping centers and entertainment only moments away, as well as highly-regarded local schools and lush parks, appealing to families looking for long-term tenancy. With already established tenants, rents below market value, and an incredible location, this multi-family property offers an unbelievable opportunity for investment appreciation and immediate cash flow.

Listing Agent

Mark Von Kaenel

KW Bay Area Estates License #01189869 Listed on: 03/20/2025

KW Bay Area Estates

Co-Listing Agent

David Giambruno

KW Bay Area Estates License #01365616

Property Details

Home Type

  • Multi-Family

Year Built

  • 1961

Lot Details

  • 6,900 Sq Ft Lot

Home Design

  • Quadruplex
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,328 Sq Ft Home
  • 2-Story Property
  • Electric Oven

Parking

  • 8 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $2,400
  • Maintenance Expense $4,000
  • Utility Expense $4,500
  • Trash Expense $2,400
  • Operating Expense $37,600
  • Gross Income $116,220

Additional Features

  • 3,328 Sq Ft Building
  • Coin Laundry

Property Details

Home Type

Multi-Family

Year Built

1961

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Age: 64
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3328
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily
  • Year Built: 1961

Interior Features

  • Kitchen: Oven Range - Electric
  • Living Sq Ft: 3328
  • Stories: 2
  • Laundry: Coin Operated

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition

Garage/Parking

  • Parking Spaces: 8
  • Garage Parking Features: Covered Parking
  • Carport Min: 4

Utilities

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

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1584
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6900.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6900.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 15.44
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 2400
  • Expense Landscape: 1800
  • Expense Maintenance: 4000
  • Expenses Total: 37600
  • Expenses Utility: 4500
  • Expense Trash: 2400
  • Income Annual Gross: 116220.00
  • Income Annual Rental: 116220
  • Income Gross Scheduled: 116220
  • Meters: Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 4
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Maintenance - Exterminator, Maintenance - Laundry, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, 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
08/13/2025 08/13/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $1,795,000 -5.3% $539 / Sq Ft
04/29/2025 04/29/25 Price Changed $1,895,000 -2.8% $569 / Sq Ft
04/24/2025 04/24/25 For Sale $1,949,000 0.0% $586 / Sq Ft
04/14/2025 04/14/25 Pending -- -- --
03/20/2025 03/20/25 For Sale $1,949,000 -- $586 / Sq Ft
Source: MLSListings

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Source: MLSListings

MLS Number: ML81998767

MLSListings

APN: 419-04-032