1131 Luchessi Drive, San Jose, California 95118, San Jose, 95118 - 0 bed, 0 bath
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San Jose, California 95118
This Turnkey Quadruplex Asset is listed at $1,600,000, representing a stable acquisition aligned with its $1,600,000 Fair Market Value. Originally a commercial office, the property features a Robust Commercial-Grade Build and a Good Condition Rating following recent modernizations. The interiors boast stainless steel appliances, contemporary cabinetry, and recessed lighting, while the site provides ample dedicated parking near the Almaden Expressway. Located within the San Jose Unified School District, this high-utility building is perfectly suited for Owner-Users pursuing a house-hack strategy or Savvy Investors seeking a durable, income-ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1131 Luchessi Drive Subject | $1,600,000* List Price | 0 | 0 | 2,346 | $682 | - |
A 4648 Cherry Avenue Sold | $1,720,000 | 0 | 0 | 2,183 | $788 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a 1982 commercial-to-residential conversion that has undergone significant recent renovations. The kitchen and bathrooms are modernized with dark cabinetry, stone-look countertops, mosaic tile backsplashes, and stainless steel appliances. The interior features updated laminate flooring, recessed lighting, and contemporary LG laundry units. While the living spaces are move-in ready, the score is held at 'good' rather than 'excellent' due to visible minor deferred maintenance in some areas, specifically missing drop-ceiling tiles and exposed wiring in what appears to be a common or office area, and the non-traditional commercial-grade exterior aesthetic.
Ideally situated near the Almaden Expressway and Highway 85 corridor, providing residents or users quick access to major retail hubs like Almaden Plaza and Westfield Oakridge Mall.
Originally constructed as a commercial office, the building features a durable structure and ample dedicated parking, offering a level of utility and longevity often missing in standard residential builds.
The property has undergone recent revitalization and modern upgrades, allowing a savvy investor or owner-user to take over with minimal immediate renovation requirements.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9054, other record lot size in square feet = 2500. Living area discrepancy between mls listing and other public or private record. mls listing living area = 2346, other record living area = 561.
As a former commercial office converted to a quadruplex, the floor plan and utility configuration may not perfectly align with traditional residential expectations, potentially affecting tenant appeal.
Recent price reductions from the original listing price indicate a shifting market response, which may signal a need for careful valuation and due diligence regarding the property's income potential.
Outstanding Opportunity to acquire a unique, high-potential asset in a prime San Jose location! This distinctive property, formerly utilized as a commercial office building, has undergone recent upgrades. Situated just moments from the Almaden Expressway and Highway 85 corridor, it offers the perfect blend of regional accessibility to Almaden Plaza, Costco, Bass Pro Shop, and Westfield Oakridge Mall just minutes away. The site features ample dedicated parking and has been revitalized to meet modern standards while retaining its commercial-grade structure. This is an excellent building for a savvy investor or owner-user to take over.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,346 | 2,346 | 50% |
| Lot Size | 9,054 | 9,054 | 50% |
| Price | $1.60M | $1.72M | 33% |
| Price per sq ft | $682 | $682 | 50% |
| Built year | 1982 | 1979 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 110 | 108 | 0% |
Mar 3, 2026
$1,600,000
$1,700,000
-6% Price Drop
Initial Listing
Feb 17, 2026
$1,700,000
$1,750,000
-3% Price Drop
Initial Listing
Jan 2, 2026
$1,750,000
Initial Listing