$2,050,000
$150K PRICE DROP

1990 Southwest Expy San Jose, CA 95126

Willow Glen Neighborhood

Estimated payment $12,855/month

Total Views 5,966
9 Beds
7 Baths
4,339 Sq Ft
$472 Price per Sq Ft

Highlights

  • 0.34 Acre Lot
  • 4 Car Attached Garage
  • Carpet
  • Del Mar High School Rated A-
  • Ceiling Fan

About This Home

*** 14,683 SF Lot - Immediate ADU Potential *** Units 1 & 2 Will Be Delivered Vacant*** Situated between the vibrant and sought out after neighborhoods of Willow Glen and Campbell, this four-unit multifamily asset located at 1990 Southwest Expressway offers a rare opportunity to own in one of San Jose's most strategic and sought-after corridors. The property sits on a massive 14,683 sq. ft. lot and boasts 4,339 sq. ft. of rentable building area, providing excellent potential for both income generation and long-term development. An investor should be ready to take command of an exceptional unit mix of (1) three-bed, two-bath, (2) two-bed, two-bath and (1) two-bed, one-bath, all of which offer overly large floor plans. The expansive lot also offers immediate ADU development potential and possibilities for future redevelopment or expansion. The RM (residential multiple) zoning designation allows investors and developers to unlock significant additional living space on the property, whether by adding detached ADUs, converting existing structures and ultimately increasing income streams, providing substantial upside beyond the current four-unit configuration.

Listing Agent

Fred Rubio

Marcus & Millichap License #01984041 Listed on: 09/05/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1973

Lot Details

  • 0.34 Acre Lot

Parking

  • 4 Car Attached Garage

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Slab Foundation

Interior Spaces

  • 4,339 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Oven or Range
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Vinyl

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Building Details

  • 4 Leased Units
  • Gardener Expense $1,000
  • Insurance Expense $3,779
  • Maintenance Expense $2,000
  • Other Expense $2,117
  • Utility Expense $5,690
  • Trash Expense $2,376
  • Operating Expense $41,431
  • Gross Income $133,685

Property Details

Home Type

Multi-Family

Year Built

1973

Lot Details

0

Parking

4

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 4339
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1973

Interior Features

  • Kitchen: Oven Range
  • Living Sq Ft: 4339
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer In Street

Lot Info

  • Lot Acres: 0.3371
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 14683.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 14683.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 14.87
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 3779
  • Expense Landscape: 1000
  • Expense Maintenance: 2000
  • Expenses Other: 2117
  • Expenses Total: 41431
  • Expenses Utility: 5690
  • Expense Trash: 2376
  • Income Annual Gross: 133685.00
  • Income Annual Rental: 137820
  • Income Gross Scheduled: 137820
  • Income Includes: Coin Operated Equip
  • Meters: Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Other Taxes, Fee - Property Tax, Insurance, Maintenance, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/09/2025 10/09/25 Price Changed $2,050,000 -6.8% $472 / Sq Ft
09/05/2025 09/05/25 For Sale $2,200,000 -- $507 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82020465

MLSListings

APN: 284-25-024

California Santa Clara County San Jose 95126 Willow Glen

1990 Southwest Expy, San Jose, CA

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Fred Rubio
Listing Agent
Fred Rubio
Section Image
Marcus & Millichap
(650) 391-1700