$1,549,000
$101K PRICE DROP

Estimated payment $9,719/month

Total Views 8,340
8 Beds
4 Baths
2,320 Sq Ft
$668 Price per Sq Ft

Highlights

  • Double Pane Windows
  • Tankless Water Heater
  • ENERGY STAR Qualified Appliances
  • Ceramic Countertops
  • Zoned Cooling
  • Washer and Dryer

About This Home

A triplex in San Jose on a large spacious lot. Generates $9,600/month in rent. Three detached units. One San Jose address. Move into one unit. Rent the other two. Buy this home and get: 1. Strong Cash Flow with modern infrastructure and low maintenance requirements, it represents a stable investment. 2. Versatile Layout: The spacious lot includes two detached 2-bedroom/1-bath homes (560 sq ft each) and a 1,200 sq ft ADU built in 2026. The ADU is currently configured with 4 bedrooms and 2 baths but can be converted into two 600 sq ft units. 3. Streamlined Utilities: The property features three officially registered addresses with separate metering (three electric and two gas meters). 4. Prime Location: Situated in downtown San Jose, the property is located near San Jose State University and major tech hubs. 5. Investor-Ready: This is an ideal asset for 1031 exchange buyers or long-term investors.

Listing Agent

Irene Borz

CA 1 Team License #01228057 Listed on: 03/26/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • 1946

Lot Details

  • Fenced
  • Level Lot

Parking

  • 10 Parking Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 2,320 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Monitored
  • Washer and Dryer

Kitchen

  • Electric Oven
  • ENERGY STAR Qualified Appliances
  • Ceramic Countertops

Eco-Friendly Details

  • Energy-Efficient HVAC

Utilities

  • Zoned Cooling
  • Heating Available
  • Separate Meters
  • 220 Volts
  • Tankless Water Heater

Community Details

Overview

  • 2,320 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $2,500
  • Maintenance Expense $600
  • Trash Expense $2,040
  • Operating Expense $24,140
  • Gross Income $115,200

Property Details

Home Type

Multi-Family

Year Built

1946

Lot Details

9,583 Sq Ft Lot

Listing Details

  • Zoning: R3
  • Subclass: Triplex
  • Style: Ranch
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2320
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1946

Interior Features

  • Kitchen: 220 Volt Outlet, Appliances - Vary By Unit, Countertop - Ceramic, Oven Range - Electric
  • Living Sq Ft: 2320
  • Stories: 1
  • Security: Video / Audio System
  • Laundry: Hookups Only, Washer/Dryer - Some Units
  • Flooring: Laminate

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 10
  • Garage Parking Features: Parking Area

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Description: Grade - Level, Regular
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10227.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10227.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Tankless Water Heater

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr
  • Gross Rent Multiplier: 13.45
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 2500
  • Expense Maintenance: 600
  • Expenses Total: 24140
  • Expense Trash: 2040
  • Income Annual Gross: 115200.00
  • Income Annual Rental: 115200
  • Income Gross Scheduled: 115200
  • Income Includes: Lease, Rents
  • Meters: Separate Electric
  • Number Of Buildings: 3
  • Operating Expenses Include: Insurance, Maintenance, Services - Trash Removal, Vacancy Factor
  • Tenant Expenses: Services - Sewer, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Vacancy Factor: 4

Map

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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 $15,348 $1,337,570 $676,520 $661,050
2025 $15,348 $1,071,307 $663,255 $408,052
2024 $13,108 $930,000 $645,000 $285,000
2023 $12,617 $994,500 $637,500 $357,000
2022 $13,582 $969,000 $918,000 $51,000
2021 $5,089 $252,503 $139,628 $112,875
2020 $4,873 $249,915 $138,197 $111,718
2019 $4,718 $245,016 $135,488 $109,528
2018 $4,635 $240,213 $132,832 $107,381
2017 $4,573 $235,504 $130,228 $105,276
2016 $4,405 $230,887 $127,675 $103,212
2015 $4,359 $227,420 $125,758 $101,662
2014 $3,473 $222,966 $123,295 $99,671
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
07/14/2026 07/14/26 Price Changed $1,549,000 -3.1% $668 / Sq Ft
05/20/2026 05/20/26 Price Changed $1,599,000 -3.1% $689 / Sq Ft
03/26/2026 03/26/26 For Sale $1,650,000 -- $711 / 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
Grant Deed -- First American Title
Deed -- Stewart Title Of California
Grant Deed $487,500 Stewart Title Of California
Grant Deed $1,462,500 Stewart Title Of California
Grant Deed $575,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- --
Interfamily Deed Transfer -- Commonwealth Land Title Co
Interfamily Deed Transfer -- --
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 $157,400 Credit Line Revolving
Previous Owner $730,000 New Conventional
Previous Owner $730,000 New Conventional
Previous Owner $412,500 New Conventional
Source: Public Records

Source: MLSListings

MLS Number: ML82040466

MLSListings

APN: 472-23-121

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