1745 Ross Circle, San Jose, California 95124, San Jose, 95124 - 0 bed, 0 bath
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San Jose, California 95124
This 4-plex represents a High-Potential Investment Opportunity, listed at $1,999,999—positioned well below the $2,303,812 Fair Market Value by 13%. This valuation gap offers $303,813 in Instant Equity. With a Condition Rating of 3, the property features recent renovations in units 3 and 4, including new flooring and appliances. Located in the Cambrian neighborhood near top-rated schools like Oster Elementary and Branham High, this Residential Income asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a stable, high-demand rental property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1745 Ross Circle Subject | $1,999,999* List Price | 0 | 0 | 3,672 | $627 | - |
A 1799 Bradford Way Sold | $1,800,000 | 0 | 0 | 3,328 | $541 | 0.7 mi |
B 1801 Terri Way Sold | $1,540,000 | 0 | 0 | 2,205 | $698 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates back to 1963, the property is well-maintained with significant recent improvements. Unit 4 has been fully renovated with new flooring, appliances, and paint (<5 years), and Unit 3 is also updated. The interior images show move-in ready conditions with modern finishes, though the exterior and remaining units likely reflect a mix of older but functional systems.
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 in the highly desirable Cambrian neighborhood, this property benefits from proximity to major highways and top-rated schools like Oster Elementary and Branham High, ensuring consistently high tenant demand.
With Unit 4 recently renovated (new flooring, appliances, and paint) and Unit 3 also updated, the property offers immediate rental upside and reduced near-term maintenance expenses for an investor.
The $360 monthly HOA fee is an additional operating expense that impacts the net operating income and cap rate, a cost not typically found in standalone multi-family investments.
Built in 1963, the property may require significant long-term capital investment for aging systems such as plumbing, electrical, or roofing that may not be fully addressed by cosmetic unit updates.
Welcome To 1745 Ross Circle. Here you will find a beautiful 4-plex in a prime San Jose location in the Cambrian neighborhood. Each Unit has features 2 spacious bedrooms as week as one full bathroom. The upstairs units have a nice outside balcony while the downstairs units have a patio area. All four units are approximately 920 sq ft. Unit 3 has been updated while Unit 4 was just updated with new flooring, new appliances and freshly painted. The property has carport parking with one assigned space. There are additional open parking spaces. There is a convenient separate coin operated laundry room specifically for these four units. The complex does have an HOA for the 27 fourplexes within the community. Great location with access to Highways 17 and 85, restaurants, shops. Schools are Oster Elementary, Dartmouth Middle and Branham High (Buyers to Verify) This 4 plex is in a high demand area due to the location as well as the schools.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 0.7 mi
Grades PK-5 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,672 | 2,552 |
| Lot Size | 8,160 | 7,370 |
| Price | $2.00M | $1.54M |
| Price per sq ft | $545 | $655 |
| Built year | 1963 | 1961 |
| HOA | $360.0 | $0 |
| Days on market | 38 | 50 |
Jun 15, 2026
$1,999,999
Initial Listing
Mar 26, 2024
$2,000,000
Public Record