1721 Ross Circle, San Jose, California 95124, San Jose, 95124 - 0 bed, 0 bath
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San Jose, California 95124
This turnkey Quadruplex is a Strong Value Opportunity, listed at $1,889,000—positioned well below the $1,997,152 Fair Market Value by 5%. This valuation gap offers $108,152 in Instant Equity for incoming owners. The property maintains a Turnkey Condition Rating with modernized kitchens and updated finishes across all four units. Located in a prime neighborhood served by Top-Rated Schools like Union Middle and Leigh High, it ensures consistent rental demand and long-term stability. This is a premier asset for Buy-and-Hold Investors or Owner-Occupants seeking a high-end house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1721 Ross Circle Subject | $1,889,000* List Price | 0 | 0 | 3,672 | $544 | - |
A 1800 Donna Lane Active | $1,399,000 List Price | 0 | 0 | 3,150 | $444 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in turnkey condition with significant interior updates across the units. The kitchens have been modernized with white shaker-style cabinetry, stone countertops, and tile backsplashes, while bathrooms feature updated vanities and fixtures. The flooring is a mix of contemporary wood-look laminate and well-maintained carpeting. While the structure dates to 1963, the well-maintained systems and updated finishes make it move-in ready for tenants without immediate renovation needs.
Elementary School: Louise Van Meter Elementary School (9/10). Middle School: Union Middle School (9/10). High School: Los Gatos High School (10/10).
Situated near the Los Gatos and Campbell borders, this property is located within the highly-rated Campbell Union High School District, ensuring high tenant demand and long-term value retention.
The property features four spacious 2-bedroom units already rented at market rates, providing a strong cap rate and immediate passive income without the need for initial renovations.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7841, other record lot size in square feet = 8100.
Built in 1963, the property may eventually require significant capital expenditures for aging systems such as plumbing, electrical, or roofing, despite its current turnkey condition.
The inclusion of a $360 monthly association fee adds an extra layer of recurring costs that impacts the net operating income and overall investment yield.
Turnkey 4-plex in a prime San Jose location near the Los Gatos/Campbell border, within the top-rated Campbell Union High School District. Each spacious 2-bed, 1-bath unit (~920 sq ft) is currently rented at market rate, delivering a strong cap rate. The property offers carport parking with dedicated storage, a private park-like setting, and a quiet, walkable neighborhood close to Safeway, restaurants, and major freeways (CA-85, I-280, CA-17). A rare, low-maintenance investment ideal for long-term passive income.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.8 mi
Grades PK-5 • 1.1 mi
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 | 3,672 | 3,522 | 67% |
| Lot Size | 7,841 | 7,670 | 67% |
| Price | $1.89M | $1.80M | 67% |
| Price per sq ft | $514 | $514 | 50% |
| Built year | 1963 | 1962 | 67% |
| HOA | $360.0 | $0 | 67% |
| Days on market | 41 | 226 | 33% |
Mar 12, 2026
$1,889,000
Initial Listing
Mar 30, 2016
$1,320,000
Public Record
May 15, 2006
$835,000
Public Record
Jun 8, 2005
$830,000
Public Record
May 19, 2004
$740,000
Public Record
Jul 21, 1998
$445,000
Public Record