2795 Garden Avenue, San Jose, California 95111, San Jose, 95111 - 0 bed, 0 bath
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San Jose, California 95111
This Stabilized Multi-Family Asset is listed at $2,088,888, positioned near its $2,037,124 Fair Market Value. Boasting a Condition Rating of 3, the property features significant infrastructure upgrades including Granite Kitchens, copper plumbing, and double-pane windows across all four units. The asset’s primary competitive advantage is the rare Separate Water, Gas, and Electric Meters, which facilitates a full utility pass-through to tenants and optimizes net cash flow. Fully occupied with a high parking ratio, this is a turnkey acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack in San Jose.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2795 Garden Avenue Subject | $2,088,888* List Price | 0 | 0 | 3,680 | $554 | - |
A 450 Lewis Road Active Under Contract | $1,550,000 List Price | 0 | 0 | 3,328 | $466 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1986, this 4-plex is in well-maintained condition with several key updates that elevate it above 'fair.' The listing notes updated kitchens and bathrooms featuring granite countertops, along with essential infrastructure improvements like copper plumbing and double-pane windows. While the exterior architecture is typical of its era, the separate utility meters and reported interior updates suggest the property is move-in ready for tenants with no immediate major renovations required.
The property features rare separate meters for gas, electric, and water, allowing for a full utility pass-through where tenants pay all costs, significantly increasing the net operating income.
Extensive upgrades including updated kitchens and baths with granite counters, double-pane windows, and copper plumbing reduce the need for immediate capital expenditures.
The asset is fully occupied with competitive market rents and offers a high parking ratio of two spaces per unit, ensuring stable cash flow and high tenant desirability.
With over 900 days on the market, the property may face a 'stale listing' perception, suggesting potential overpricing or underlying buyer hesitation that could impact future resale value.
The requirement for offers to be subject to inspection and the 'do not disturb' instruction prevent buyers from assessing the interior condition or tenant quality before entering a contract.
Nice 4-plex fully rented. Large units 920 sq ft All 2/1 , similar floor plan. sq. ft are approximate. Good Rents: $2750 & $2700 2 parking spaces each unit. Updated kitchens and baths. Granite counters coin operated laundry on site. Double pane windows and Copper plumbing. All units have separate gas & electric & " Water meters" Tenants pay for their Water & PGE! Offer subject to Inspection. Driver by OK. DO Not Disturb tenants.
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 | 3,680 | 3,316 | 50% |
| Lot Size | 8,189 | 7,339.5 | 50% |
| Price | $2.09M | $1.76M | 50% |
| Price per sq ft | $568 | $525 | 50% |
| Built year | 1986 | 1979 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 938 | 590 | 0% |
Dec 5, 2025
$2,088,888
$2,188,888
-5% Price Drop
Initial Listing
Oct 3, 2025
$2,188,888
$2,233,888
-2% Price Drop
Initial Listing
Aug 21, 2025
$2,233,888
Initial Listing
Sep 27, 2023
$2,188,888
Initial Listing