
San Jose, California 95118
This High-Potential Investment Opportunity is a Residential Income Quadruplex listed at $1,850,000, which is priced slightly above the $1,824,379 Fair Market Value. As a Tier #1 building with a Condition Rating of 3, this asset offers immediate stability through full occupancy and additional revenue from coin-operated laundry. The property features private yards and decks, ensuring high tenant retention. This well-maintained, turnkey asset is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking stable cash flow in a prime San Jose location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1379 Stanwood Drive Subject 0 bd · 0 ba · 3,978 sqft · $459 | $1,850,000* List Price | 0 | 0 | 3,978 | $459 | - |
A 1385 Stanwood Drive Sold 0 bd · 0 ba · 3,978 sqft · $455 · 0.0 mi | $1,810,000 | 0 | 0 | 3,978 | $455 | 0.0 mi |
B 1369 Stanwood Drive Pending 0 bd · 0 ba · 3,978 sqft · $415 · 0.0 mi | $1,650,000 List Price | 0 | 0 | 3,978 | $415 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1963, the property exceeds the age threshold for newer categories, but is classified as a 'Tier 1' building by the City of San Jose, indicating high maintenance standards and system compliance. The description notes it is well-maintained, clean, and fully leased, suggesting functional systems and move-in ready condition despite the chronological age.
The property is fully leased at current market rates with well-documented expenses and additional revenue from coin-operated laundry, providing immediate and stable cash flow.
Classified as a Tier #1 building by the City of San Jose, this well-maintained asset demonstrates pride of ownership and likely lower immediate deferred maintenance costs.
Each unit features significant private outdoor space—either large yards or private decks—which is a premium amenity that drives tenant retention in the San Jose market.
Originally constructed in 1963, the building may require future capital expenditures for aging systems such as plumbing or electrical despite its current well-maintained status.
With a lot size of 6,615 square feet for four units, the property offers limited space for further structural expansion or the addition of significant new amenities.
Wonderful opportunity to own a solid fully leased and clean Fourplex in a great San Jose Neighborhood. All rents are up to date and at market value. property expenses are well documented and up to date. Property has a large Laundry room with coin operated machines for extra income. Two units feature large privale yards and Two units feature large private patio/decks. This is a tier #1 building thru city of San Jose. Easy walk to schools, parks, shopping and bus. This building is well maintained and shows pride of ownership.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,978 | 2,404.563 |
| Lot Size | 6,615 | 6,807.656 |
| Price | $1.85M | $1.42M |
| Price per sq ft | $465 | $613 |
| Built year | 1963 | 1962 |
| HOA | $0 | $0 |
| Days on market | 43 | 72 |
Sep 11, 2026
$1,850,000
Initial Listing
Mar 11, 2002
$715,000
Public Record