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 serves as a high-performing Residential Income Asset listed at $1,490,000, aligning precisely with its $1,490,000 Fair Market Value. The property produces a robust $8,730 monthly gross income across four uniform 2-bedroom, 1-bath units, offering immediate cash flow in a competitive San Jose submarket. While currently holding a Condition Rating of 4, the aging 1960s infrastructure provides significant Value-Add potential for investors looking to force appreciation through modernization. Its proximity to BART and major highways ensures long-term desirability 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 | $1,490,000* List Price | 0 | 0 | 3,104 | $480 | - |
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, this quadruplex is an aged property that appears to be maintained but shows signs of its original era, including dated exterior styling and window-mounted AC units. The listing analysis explicitly notes aging infrastructure and the need for ongoing capital expenditures. While functional and generating strong rental income, there is no evidence of recent comprehensive renovations to the kitchens, bathrooms, or major systems, fitting the criteria for a property that is functional but outdated.
The property generates a robust monthly gross income of $8,730, offering an attractive cash flow opportunity for investors in the competitive San Jose market.
Ideally situated near a BART station and major highways 680, 101, and 130, the property ensures high tenant demand due to its excellent regional connectivity.
Featuring four consistent 2-bedroom, 1-bath units, the property appeals to a wide tenant base while simplifying property management and maintenance schedules.
With 95 days on the market and a recent price reduction, the property may face buyer hesitation regarding its initial valuation or potential underlying issues.
Built in 1960, the building likely requires ongoing capital expenditures for maintenance and upgrades to its older systems and structural components.
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 | 2,300 | 80% |
| Lot Size | 7,440 | 7,440 | 50% |
| Price | $1.49M | $1.40M | 60% |
| Price per sq ft | $480 | $546 | 40% |
| Built year | 1960 | 1957 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 99 | 158 | 20% |
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