$1,880,000
$218K PRICE DROP

Estimated payment $11,672/month

Total Views 9,443
9 Beds
5 Baths
3,584 Sq Ft
$525 Price per Sq Ft

About This Home

Price Improvement! Well maintained fourplex provides and excellent 1031 exchange opportunity for an investor interested in upgrading from a single family home into a multifamily property. Located in West San Jose's desirable rental corridor, the property offers four spacious units totaling 3,584 square feet on a 7,260 SF lot. Exceptional capital investment totaling over $275,000 since 2013. The owner has methodically upgraded every major building system and unit interiors. Most significantly, 2024 saw complete replacement of all plumbing infrastructure including drains, supply lines, and sewer systems. New roof in 2022. Renovated Units: Unit 2 - extensive remodeling in 2024. Unit 4 updated in 2021, Unit 3 in 2017, and Unit 1's townhouse configuration saw kitchen/bath upgrades in 2013 plus recent downstairs bathroom remodel in 2025. Additional improvements include new water heaters, exterior painting, comprehensive termite treatment with tree removal, front post replacement, and new heating systems. Close to downtown Campbell and under three miles from Santana Row and Valley Fair. Section 1 clearance provided before close. Ideal opportunity for an investor looking to upgrade or for the first time investor.

Listing Agent

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 01/05/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1964

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,584 Sq Ft Home
  • 2-Story Property

Kitchen

  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Parking

  • 4 Carport Spaces
  • Assigned Parking

Utilities

  • Wall Furnace
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Listing and Financial Details

  • Month-to-Month Lease Term

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,850
  • Insurance Expense $3,727
  • Maintenance Expense $3,200
  • Other Expense $778
  • Utility Expense $7,800
  • Operating Expense $46,006
  • Gross Income $126,038

Property Details

Home Type

Multi-Family

Year Built

1964

Lot Details

7,405 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3584
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1964

Interior Features

  • Kitchen: Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 3584
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Tile, Vinyl / Linoleum

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport
  • Carport Min: 4

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer In Street

Schools

  • High School: 241

Lot Info

  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7260.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7260.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 14.47
  • Number Of Leased: 4

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 3727
  • Expense Landscape: 1850
  • Expense Maintenance: 3200
  • Expenses Other: 778
  • Expenses Total: 46006
  • Expenses Utility: 7800
  • Income Annual Gross: 126038.00
  • Income Annual Rental: 129936
  • Income Gross Scheduled: 129936
  • Income Includes: Rents
  • Meters: Master Electric, Master Gas, Master Water, Separate Common Area, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Maintenance, Services - Sewer, Services - Trash Removal, Utilities, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $16,066 $1,131,694 $715,946 $415,748
2025 $16,066 $1,109,505 $701,908 $407,597
2024 $15,678 $1,087,751 $688,146 $399,605
2023 $15,423 $1,066,423 $674,653 $391,770
2022 $15,224 $1,045,514 $661,425 $384,089
2021 $14,941 $1,025,014 $648,456 $376,558
2020 $14,731 $1,014,504 $641,807 $372,697
2019 $14,230 $994,613 $629,223 $365,390
2018 $13,899 $975,112 $616,886 $358,226
2017 $13,730 $955,993 $604,791 $351,202
2016 $13,011 $937,249 $592,933 $344,316
2015 $12,880 $923,172 $584,027 $339,145
2014 $12,479 $905,089 $572,587 $332,502
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/11/2026 08/11/26 Price Changed $1,880,000 -3.5% $525 / Sq Ft
05/07/2026 05/07/26 Price Changed $1,948,000 -2.5% $544 / Sq Ft
03/27/2026 03/27/26 Price Changed $1,998,000 -2.4% $557 / Sq Ft
02/13/2026 02/13/26 Price Changed $2,048,000 -2.4% $571 / Sq Ft
01/05/2026 01/05/26 For Sale $2,098,000 -- $585 / Sq Ft
Source: MLSListings

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Old Republic Title Company
Grant Deed $901,000 Old Republic Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Interfamily Deed Transfer -- Financial Title Company
Grant Deed $295,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $560,000 New Conventional
Closed $675,750 New Conventional
Previous Owner $510,000 Unknown
Previous Owner $315,000 No Value Available
Source: Public Records

Source: MLSListings

MLS Number: ML82029860

MLSListings

APN: 299-07-008

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