
450 Lewis Rd San Jose, CA 95111
Hillsdale NeighborhoodEstimated payment $11,189/month
About This Home
Back on the market! Fully rented 4-unit investment opportunity with upside potential. This well-maintained building is a great addition to any investors portfolio, offering consistent rental demand, long-term tenants, and room to grow your profits. Property Highlights ** Unit Configuration: Four 2-bed/1-bath unitsideal for owner-occupiers or investors ** Well-Maintained Community - Privately run HOA ensures clean, well-kept grounds; assigned carports plus extra parking; shared laundry facility; tenant-enjoyed balconies/patios ** Prime Convenience - Close to major employers, shopping, dining, schools, churches, and public transitperfect for families and high occupancy rates ** Value-Add Potential - Some units need cosmetic upgrades, presenting an opportunity to raise rents and boost profitability This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market.
Property Details
Home Type
- Multi-Family
Year Built
- 1962
Lot Details
- 9,945 Sq Ft Lot
Home Design
- Quadruplex
- Slab Foundation
- Shingle Roof
Interior Spaces
- 3,328 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Parking
- 2 Parking Spaces
- 2 Carport Spaces
- Assigned Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
Building Details
- 4 Leased Units
- Gardener Expense $2,072
- Insurance Expense $1,778
- Maintenance Expense $3,828
- Manager Expense $4,670
- Other Expense $1,200
- Utility Expense $1,559
- Trash Expense $2,046
- Operating Expense $22,310
- Gross Income $93,306
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/06/2025 08/06/25 | Price Changed | $1,738,000 | 0.0% | $522 / Sq Ft |
08/06/2025 08/06/25 | For Sale | $1,738,000 | -2.4% | $522 / Sq Ft |
08/01/2025 08/01/25 | Off Market | $1,780,000 | -- | -- |
01/22/2025 01/22/25 | For Sale | $1,780,000 | -- | $535 / Sq Ft |
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Source: MLSListings
MLS Number: ML81991369

APN: 497-27-004
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