2369 Mammoth Drive, San Jose, California 95116, San Jose, 95116 - 0 bed, 0 bath
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San Jose, California 95116
This Income-Generating Quadruplex represents a stable entry into the Silicon Valley rental market, listed at $1,490,000—aligning exactly with its $1,490,000 Fair Market Value. The asset produces a robust $8,730 monthly rent from four uniform 2-bedroom units, ensuring immediate cash flow and a strong gross yield. While currently holding a Condition Rating of 4, the property offers clear value-add upside through interior modernization of its 1960s infrastructure. Strategically located near BART and major highways, it commands high tenant demand. This is an optimal acquisition for Buy-and-Hold Investors or Portfolio Managers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2369 Mammoth Drive Subject | $1,390,000* List Price | 0 | 0 | 3,104 | $448 | - |
A 236 Montclair Avenue Active | $1,420,000 List Price | 0 | 0 | 2,538 | $559 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960 (64 years old) with no mention of recent renovations to kitchens, bathrooms, or major systems like HVAC or electrical. While the property is functional and generating consistent rental income, the age and lack of reported upgrades suggest it is dated and will require minor repairs and modernization to meet current market standards.
The property generates a robust monthly income of $8,730, providing a solid gross yield that is highly attractive for investors seeking immediate cash flow in the San Jose market.
Ideally situated near a BART station and major transit arteries including Highways 680, 130, and 101, the property offers exceptional connectivity that ensures high tenant demand.
The quadruplex consists of four uniform 2-bedroom, 1-bathroom units, a highly marketable configuration that appeals to a wide range of tenants while simplifying property management.
Built in 1960, the property may require more frequent maintenance or capital expenditures for system upgrades compared to newer residential income developments.
A recent reduction from the original list price of $1.55M suggests the property faced initial market resistance, potentially indicating a need for further negotiation or value-add improvements.
Four-unit property with monthly rent income $8730 in a desirable San Jose location featuring four 2-bedroom, 1-bath units, each approximately 753 square feet. The building offers carport parking for each unit along with a convenient on-site laundry room. Ideally situated near shopping, dining, and a BART station, with quick access to Highways 680, 130, and 101, making commuting throughout the Bay Area convenient and efficient.
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 | 3,104 | 1,978 | 67% |
| Lot Size | 7,440 | 7,440 | 50% |
| Price | $1.39M | $1.39M | 50% |
| Price per sq ft | $448 | $691 | 33% |
| Built year | 1960 | 1957 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 152 | 161 | 33% |
Jun 8, 2026
$1,390,000
$1,490,000
-7% Price Drop
Initial Listing
Apr 2, 2026
$1,490,000
$1,550,000
-4% Price Drop
Initial Listing
Jan 13, 2026
$1,550,000
Initial Listing
Apr 8, 2019
$1,340,000
Public Record
Feb 19, 2016
$1,080,000
Public Record
Jun 19, 2006
$840,000
Public Record