1260 Glacier Drive, Milpitas, California 95035, Milpitas, 95035 - 0 bed, 0 bath
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Milpitas, California 95035
Analysis of 1260 Glacier Drive, Milpitas, California 95035 is currently available with a list price of $1,748,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Milpitas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1970, this property is maintained as a high-density investment residence but shows signs of age and significant wear from housing eight individual tenants. While the exterior features some updates like solar panels and vinyl windows, the high occupancy in a 1,870 sqft space suggests heavy depreciation of shared facilities including the kitchen and bathrooms. It lacks a recent comprehensive renovation, placing it in the 'fair' category as an aged but functional and well-located rental asset.
The property generates a substantial monthly gross rent of over $8,000 from eight contracted tenants, offering an exceptional cash-flow opportunity for investors.
Ideally situated with easy access to major Silicon Valley thoroughfares including I-680, Hwy 237, and I-880, ensuring consistently high tenant demand.
The residence is sold with active rental contracts and established shared-living infrastructure, providing immediate revenue from the day of acquisition.
Housing eight individual renters in 1,870 square feet creates significant wear and tear on shared facilities like the kitchen, laundry, and common bathrooms.
Managing eight separate rental agreements and coordinating shared living logistics requires more intensive oversight than a standard single-family residential lease.
If you're looking for an investment property with $8,000+ per month rents in a sought after neighborhood, look no further. This shared residence accommodates 8 renters under contract, each occupying their own bedroom, with shared kitchen and laundry. Internet currently provided. Two primary bedrooms with ensuite bath, and the two additional full bathrooms are shared by the other tenants. Close to major thoroughfares for easy commuting including 680, 237, 880. Major grocery stores and restaurants nearby. Neighborhood parks within short walking distance. Minutes to Ed Levin County Park and Spring Valley Golf Course. Seize this investment opportunity before it's gone.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1970 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 18, 2026
$1,748,000
Initial Listing
Oct 10, 2002
$429,000
Public Record