$1,850,000
PENDING $100K PRICE DROP

922 Leigh Ave San Jose, CA 95128

Fruitdale Neighborhood

Estimated payment $11,659/month

Total Views 4,635
9 Beds
5 Baths
3,802 Sq Ft
$487 Price per Sq Ft

Highlights

  • Corian Countertops
  • Laundry Room
  • Carpet
  • Del Mar High School Rated A-
  • Coin Laundry
  • 1-minute walk to Sherman Oaks Community Center and Playground

About This Home

West San Jose fourplex with excellent unit mix: (1) 3BD/2BA unit with a fireplace, and (3) 2BD/1BA units. There are six carports and 3 additional on-site spaces. There is also an onsite laundry facility with equipment leased from Coinmach. Unit 1 (3BD/2BA), was remodeled within the last 5 years, including the kitchen (counters, cabinets, appliances), bathroom, flooring and paint. Units 2&4 were remodeled in the last 10 years. All units have dishwashers, A/C units & radiant wall heating systems. The building has been well-maintained over the years. Current Gross Scheduled Income is $125,328 which includes $94/month in laundry income. All four units are fully rented at near market rate with no delinquencies. There is some upside potential in the rents because the property is located in West San Jose, a desirable rental location that is close to shopping, large employers, commuter routes and schools. The building has copper plumbing and the roof is pitched composition shingle. All units are individually metered for gas and electric. The owner pays water/sewer, trash removal, common area utilities, landscaping, repairs, taxes and insurance. As are all 3+ unit multifamily properties in San Jose, the building is subject to the City of San Jose TPO & RCO. SB721 report completed.

Listing Agent

Michael Shields

SiliconValley MultiFamilyGroup License #01327546 Listed on: 06/23/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1977

Lot Details

  • 10,751 Sq Ft Lot

Home Design

  • Quadruplex
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,802 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 3 Parking Spaces
  • 6 Carport Spaces
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Listing and Financial Details

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,800
  • Insurance Expense $2,944
  • Maintenance Expense $2,530
  • Other Expense $1,482
  • Utility Expense $11,277
  • Trash Expense $2,210
  • Operating Expense $50,743
  • Gross Income $120,943

Property Details

Home Type

Multi-Family

Year Built

1977

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Fourplex
  • Age: 48
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3802
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1977

Interior Features

  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3802
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition, Shingle
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 3
  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, On Street
  • Carport Min: 6

Utilities

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

Schools

  • School District: Campbell Union High
  • Elementary School: Sherman Oaks Elementary
  • High School: Del Mar High
  • High School: 239
  • Elementary School: 65

Lot Info

  • Lot Acres: 0.2468
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10750.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 14.53
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Expense Insurance: 2944
  • Expense Landscape: 1800
  • Expense Maintenance: 2530
  • Expenses Other: 1482
  • Expenses Total: 50743
  • Expenses Utility: 11277
  • Expense Trash: 2210
  • Income Annual Gross: 120943.00
  • Income Annual Rental: 126180
  • Income Gross Scheduled: 127308
  • Income Includes: Laundry, Rents
  • Income Other: 1128
  • Meters: Master Water, Separate Common Area
  • Number Of Buildings: 1
  • Operating Expenses Include: Accounting/Legal, Fee - Property Tax, Insurance, Maintenance, Maintenance - Laundry, Services - Gardener, Services - Sewer, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2025 08/21/25 Pending -- -- --
07/31/2025 07/31/25 Price Changed $1,850,000 -5.1% $487 / Sq Ft
06/24/2025 06/24/25 For Sale $1,950,000 0.0% $513 / Sq Ft
06/24/2025 06/24/25 Off Market $1,950,000 -- --
06/23/2025 06/23/25 For Sale $1,950,000 -- $513 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82012148

MLSListings

APN: 282-35-066

California Santa Clara County San Jose 95128 Fruitdale

922 Leigh Ave, San Jose, CA

This home is located at 922 Leigh Ave, San Jose, CA 95128 and is currently priced at $1,850,000, approximately $486 per square foot. This property was built in 1977. 922 Leigh Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Sherman Oaks Elementary School, and Blackford Elementary.

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Michael Shields
Listing Agent
Michael Shields
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SiliconValley MultiFamilyGroup
(408) 356-1900