$1,549,990
PENDING $50K PRICE DROP

Estimated payment $8,841/month

Total Views 5,554
8 Beds
5 Baths
2,952 Sq Ft
$525 Price per Sq Ft

Highlights

  • 3 Car Attached Garage
  • Forced Air Heating System
  • 5-minute walk to Great Oaks Park

About This Home

Dont miss this rare opportunity to own a well-maintained triplex in a highly convenient South San Jose location.** Just one block from scenic Great Oaks Park and within easy walking distance to local schools, this property offers excellent access to amenities that attract and retain tenants. This triplex features two spacious 3-bedroom, 2-bath units, each approximately 1,098 sq. ft., and one 2-bedroom, 1-bath unit measuring 821 sq. ft. The property has been home to the same long-term tenants for over 25 years, providing consistent rental income and proven stability. Each unit offers a comfortable layout and outdoor access, making it an appealing choice for residents. Whether youre looking to expand your investment portfolio with reliable cash flow or occupy one unit while renting the others, this property is a rare find in an area where triplexes seldom come available. Enjoy close proximity to parks, schools, shopping, dining, and major commuter routes everything tenants value in a prime South San Jose location.

Listing Agent

Mark Salcido

Keller Williams Property Team License #01404718 Listed on: 08/24/2025

Keller Williams Property Team

Property Details

Home Type

  • Multi-Family

Year Built

  • 1972

Lot Details

  • 6,490 Sq Ft Lot
  • Irrigation

Parking

  • 3 Car Attached Garage

Home Design

  • Triplex
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,952 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Individual Gas Meter

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $150
  • Insurance Expense $1,200
  • Maintenance Expense $3,600
  • Other Expense $3,600
  • Utility Expense $3,600
  • Trash Expense $3,600
  • Operating Expense $18,030
  • Gross Income $79,020

Property Details

Home Type

Multi-Family

Year Built

1972

Lot Details

0

Parking

3

Listing Details

  • Zoning: R1
  • Subclass: Triplex
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1972

Interior Features

  • Living Sq Ft: 2952
  • Stories: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.1490
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6490.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6490.00

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written
  • Gross Rent Multiplier: 19.62
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Gas Meters
  • Expense Insurance: 1200
  • Expense Landscape: 150
  • Expense Maintenance: 3600
  • Expenses Other: 3600
  • Expenses Total: 18030
  • Expenses Utility: 3600
  • Expense Trash: 3600
  • Income Annual Gross: 79020.00
  • Income Annual Rental: 79020
  • Income Gross Scheduled: 79020
  • Income Includes: Rents
  • Meters: Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Utilities - Gas
  • Tenant Expenses: Utilities - Gas

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2025 $9,804 $511,053 $188,115 $322,938
2024 $9,804 $501,033 $184,427 $316,606
2023 $9,565 $491,210 $180,811 $310,399
2022 $9,462 $481,579 $177,266 $304,313
2021 $9,189 $472,138 $173,791 $298,347
2020 $8,848 $467,297 $172,009 $295,288
2019 $8,573 $458,136 $168,637 $289,499
2018 $8,460 $449,154 $165,331 $283,823
2017 $8,325 $440,348 $162,090 $278,258
2016 $8,293 $431,714 $158,912 $272,802
2015 $7,762 $425,230 $156,525 $268,705
2014 $6,232 $416,901 $153,459 $263,442
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2025 12/18/25 Pending -- -- --
09/25/2025 09/25/25 Price Changed $1,549,990 -3.1% $525 / Sq Ft
08/24/2025 08/24/25 For Sale $1,599,990 -- $542 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82014056

MLSListings

APN: 684-33-055