
San Jose, California 95118
This fully leased fourplex represents a Prime Investment Opportunity, listed at a List Price of $1,850,000—positioned slightly above the $1,829,600 Fair Market Value. As a Tier #1 building with a Condition Rating of 3, this asset offers immediate cash flow and documented financial stability. The property features desirable tenant amenities, including private fenced yards and balconies, ensuring high rental demand. This is a stable, well-maintained Residential Income asset, making it an ideal acquisition for Buy-and-Hold Investors or Portfolio Diversifiers seeking a turnkey San Jose rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1385 Stanwood Drive Subject | $1,850,000* List Price | 0 | 0 | 3,978 | $460 | - |
A 1369 Stanwood Drive Active | $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.
While the structure dates to 1963, the property is described as a 'Tier #1' building that is well-maintained and shows pride of ownership. Being fully leased and clean suggests that although the systems and interiors may be older than 10 years, they are functional, move-in ready, and have been updated enough to avoid the 'Fair' or 'Poor' classifications.
The property is fully leased with up-to-date rents and documented expenses, providing immediate cash flow and financial transparency for investors.
Designated as a Tier #1 building by the City of San Jose, this well-maintained fourplex demonstrates pride of ownership and likely lower immediate deferred maintenance costs.
Each unit features private outdoor space via fenced yards or balconies, plus an on-site laundry room for additional income and tenant convenience.
Originally constructed in 1963, the building may require future capital improvements for aging mechanical, electrical, or plumbing systems.
The 6,615 square foot lot is relatively compact for a fourplex, potentially limiting options for additional parking or the construction of an Accessory Dwelling Unit (ADU).
Wonderful opportunity to own a solid fully leased and clean fourplex in a great San Jose Neighborhood. Up to date rents have been maintained and fully documented expenses. Separate Laundry room for extra income. Two units with private fenced yards. Two units with Balconies. This is a Teir #1 building thru city of San Jose. Easy walk to Bus, shopping and parks. 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 | 2,552 |
| Lot Size | 6,615 | 7,370 |
| Price | $1.85M | $1.54M |
| Price per sq ft | $465 | $655 |
| Built year | 1963 | 1961 |
| HOA | $0 | $0 |
| Days on market | 23 | 50 |
Jun 29, 2026
$1,850,000
Initial Listing
Dec 27, 2000
$730,000
Public Record