1385 San Tomas Aquino Parkway, San Jose, California 95130, San Jose, 95130 - 0 bed, 0 bath
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San Jose, California 95130
This Well-Maintained Quadplex is a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,901,453 Fair Market Value by 7%. This valuation gap provides $151,453 in Instant Equity for the incoming buyer. Boasting a Good Condition Rating, the asset features two recently renovated units (2022/2024) and a successful SB 721 inspection. Located in a premier tech hub near NVIDIA and Apple, the property ensures consistent rental demand. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1385 San Tomas Aquino Parkway Subject | $1,750,000* List Price | 0 | 0 | 2,764 | $688 | - |
A 4149 Alberstone Drive Pending | $1,550,000 List Price | 0 | 0 | 1,900 | $816 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1960s quadplex is well-maintained and move-in ready, benefiting from significant recent capital improvements. Two of the four units have been fully renovated (2022 and 2024) with modern finishes including white shaker cabinets, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring. While the building's 1960 origin and the presence of two potentially unrenovated units prevent an 'excellent' score, the successful SB 721 inspection and high-quality updates to half the building justify a 'good' rating.
The property is ideally situated in West San Jose near major employers like NVIDIA, Apple, and Intel, ensuring consistently high rental demand and low vacancy rates.
With two units renovated in 2022 and 2024 and a successful SB 721 inspection completed, the asset offers reduced immediate maintenance needs and improved tenant appeal.
The inclusion of on-site laundry facilities provides a steady source of supplemental income beyond base rents, enhancing the overall investment yield.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6755, other record lot size in square feet = 6900.
Originally constructed in 1960, the property may require future capital investment for aging systems such as plumbing or electrical that have not been fully modernized.
At approximately 691 square feet per 2-bedroom unit, the living spaces are relatively small, which could limit competitiveness against newer or more spacious multifamily options.
Well-maintained 4-unit multifamily property in a highly desirable West San Jose location. Situated on a 6,755 SF lot, the property features four 2-bedroom / 1-bathroom units totaling 2,764 SF of living area. Recent capital improvements include successful SB 721 inspection, renovation of Unit 4 (2022) and Unit 2 (end of 2024). On-site laundry adds supplemental income. Proximity to major South Bay employers such as NVIDIA, Apple and Intel underpins strong rental demand, supported by Santa Clara Countys solid employment fundamentals and low vacancy levels.
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 | 2,764 | 1,900 | 67% |
| Lot Size | 6,755 | 6,755 | 50% |
| Price | $1.75M | $1.55M | 67% |
| Price per sq ft | $633 | $816 | 33% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 59 | 63 | 33% |
Feb 22, 2026
$1,750,000
Initial Listing
Nov 22, 2019
$1,615,500
Public Record