NOT LISTED FOR SALE
8 Beds
5 Baths
3,544 Sq Ft
7,148 Sq Ft Lot

Sale Details

Date Sold: June 30, 2025

Last sale price $1,550,000 $437 Per Sq Ft

13 Days on Market

Highlights

  • 0.16 Acre Lot
  • Subterranean Parking
  • Ceramic Countertops
  • Post and Beam
  • Double Pane Windows
  • Tile Flooring

About This Home

As of June 2025

STRONG STABLE INCOME STREAM FOURPLEX, Highly desirable low vacancy rental area on Capitol Expressway and Pearl behind the Toyota Dealership. All current tenants are family-oriented and have been here 2-16 years. This is a larger than average 4plex and has a great unit mix which consists of (1) 3Br/2ba (1) 1Br/1Ba and (2) 2br/1Ba receiving about $9300/month (+/-$111,600yr) The property maintains a low vacancy rate with reliable long-term tenants who pay on time, covering their own electricity costs. Monthly rents range from $1,800 to $3,150 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. Most tenants are on month-to-month leases, and all like to stay for the long term. Two out of Four units been updated and remodeled. Overall this is a great property that generates a higher income than most. This location is only minutes away from the 85/87 highway and 280 fwy. There are lots of nearby day-to-day conveniences such as supermarkets, fast food, fuel, big box chain stores,etc. This is a rare opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.

Last Agent to Sell the Property

Larry Giang

KW Silicon City License #01488340 Listed on: 05/16/2025

KW Silicon City

Last Buyer's Agent

Chau Nguyen

Alliance Bay Realty License #01970399

Alliance Bay Realty
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Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,148 Sq Ft Lot
  • Grass Covered Lot

Home Design

  • Quadruplex
  • Post and Beam
  • Traditional Architecture
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,544 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Security Lights

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Ceramic Countertops
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Parking

  • 2 Parking Spaces
  • 4 Carport Spaces
  • Subterranean Parking
  • Lighted Parking
  • On-Street Parking
  • Unassigned Parking

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Listing and Financial Details

  • Total Actual Rent $111,600

Community Details

Overview

Amenities

  • Courtyard

Building Details

  • 3 Leased Units
  • Gardener Expense $3,600
  • Insurance Expense $48,000
  • Maintenance Expense $200
  • Trash Expense $180
  • Operating Expense $91,980
  • Gross Income $108,252

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

7,148 Sq Ft Lot

Listing Details

  • Zoning: RM
  • Subclass: Fourplex
  • Style: Traditional
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3544
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Cooktop - Electric, Countertop - Ceramic, Countertop - Formica, Countertop - Other, Countertop - Tile, Garbage Disposal, Hood Over Range, Oven - Electric, Refrigerator
  • Living Sq Ft: 3544
  • Stories: 2
  • Security: Security Lights
  • Flooring: Laminate, Tile

Exterior Features

  • Foundation: Concrete Perimeter, Post And Beam, Wood Frame
  • Roof: Shingle
  • Yard/Grounds: Courtyard, Low Maintenance
  • Construction Type: Wood

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Common Parking Area, Lighted Parking Area, On Street, Unassigned Spaces, Underground Parking, Undersized
  • Carport Min: 4

Utilities

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

Lot Info

  • Lot Acres: 0.1641
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7150.00

Green Features

  • Energy Features: Double Pane Windows

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.70
  • Number Of Leased: 3

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Expense Insurance: 48000
  • Expense Landscape: 3600
  • Expense Maintenance: 200
  • Expenses Total: 91980
  • Expense Trash: 180
  • Income Annual Gross: 108252.00
  • Income Annual Rental: 111600
  • Income Gross Scheduled: 111600
  • Meters: Separate Electric
  • Number Of Buildings: 1
  • Vacancy Factor: 3

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2025
Closed on
Jun 27, 2025
Sold by
Nguyen Thi Thi Uyen
Bought by
Seller's Agent
Larry Giang
KW Silicon City
Buyer's Agent
Chau Nguyen
Alliance Bay Realty
List Price
$1,640,000
Sold Price
$1,550,000
Premium/Discount to List
-$90,000
-5.49%
Views
23

Purchase Details

Listed on
May 16, 2025
Closed on
Jun 26, 2025
Sold by
Ton Khanh That and Ngo Huong My
Bought by
Liang Ricky
Seller's Agent
Larry Giang
KW Silicon City
Buyer's Agent
Chau Nguyen
Alliance Bay Realty
List Price
$1,640,000
Sold Price
$1,550,000
Premium/Discount to List
-$90,000
-5.49%
Views
23

Purchase Details

Closed on
Nov 25, 2014
Sold by
Vu Kevin Ky
Bought by
Ton Khanh That and Ngo Huong My

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2001
Sold by
Vu Kevin Ky and Vu Jimmy Thong
Bought by
Vu Kevin Ky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$485,000
Interest Rate
6.91%

Purchase Details

Closed on
May 19, 1999
Sold by
Huynh Stephanie My Nga
Bought by
Vu Jimmy Thong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.92%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 17, 1999
Sold by
Melo Antonio P and Melo Maria C
Bought by
Vu Kevin Ky and Vu Jimmy Thong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.92%
Mortgage Type
Stand Alone First
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
-- Wfg National Title
Liang Ricky $1,550,000 Wfg National Title
Ton Khanh That $550,000 Chicago Title Company
Vu Kevin Ky -- Alliance Title Company
Vu Jimmy Thong -- Fidelity National Title Co
Vu Kevin Ky $400,000 Fidelity National Title Co
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 Borrower Loan Amount
Previous Owner $200,000
Previous Owner Ton Khanh That $710,000
Previous Owner Ton Khanh That $412,500
Previous Owner Vu Kevin $30,000
Previous Owner Vu Kevin Ky $471,900
Previous Owner Vu Kevin Ky $485,000
Previous Owner Vu Kevin Ky $280,000
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
06/30/2025 06/30/25 Sold $1,550,000 -5.5% $437 / Sq Ft
05/30/2025 05/30/25 Pending -- -- --
05/16/2025 05/16/25 For Sale $1,640,000 -- $463 / Sq Ft
Source: MLSListings

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 $15,999 $1,581,000 $1,173,000 $408,000
2025 $15,083 $1,153,765 $727,114 $426,651
2024 $15,083 $1,131,143 $712,857 $418,286
2023 $14,756 $1,108,965 $698,880 $410,085
2022 $14,656 $1,087,222 $685,177 $402,045
2021 $14,343 $1,065,905 $671,743 $394,162
2020 $14,119 $1,054,977 $664,856 $390,121
2019 $13,843 $1,034,292 $651,820 $382,472
2018 $25,256 $1,014,013 $639,040 $374,973
2017 $13,601 $994,131 $626,510 $367,621
2016 $13,366 $974,639 $614,226 $360,413
2015 $13,627 $960,000 $605,000 $355,000
2014 $9,353 $647,420 $300,407 $347,013
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML82007376

MLSListings

APN: 455-26-032

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