
San Jose, California 95128
This Turnkey Residential Income Asset is a Strong Value Opportunity, listed at $2,150,000—positioned well below the $2,147,598 Fair Market Value (priced at market stability). Featuring fully remodeled units, copper plumbing, and a rare 3:1 parking ratio, this property maintains an Excellent Condition Rating. Its prime location near Santana Row ensures high rental demand, while the SB-721 compliant infrastructure minimizes maintenance risks. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance, high-yield investment in West San Jose.
Property is move-in ready.
Built in 1968 but meticulously maintained and fully remodeled. Kitchens and bathrooms feature updated, functional finishes. Major systems are highly upgraded, including copper plumbing, double-pane windows, newer central HVAC and mini-split systems, and SB-721 compliant walkways, making it completely move-in ready.
All four units have been fully remodeled with high-end finishes, modern appliances, and updated systems including copper plumbing and central HVAC, significantly reducing immediate capital expenditure for investors.
The property features 12 total parking spaces for just four units, providing a rare 3:1 parking-to-unit ratio that serves as a major competitive advantage for tenant retention in a high-density area.
Situated minutes from premier destinations like Santana Row and Westfield Valley Fair with easy access to major freeways and light rail, the property is located in a high-demand rental pocket.
The assigned middle and high schools carry modest ratings (4/10 and 5/10), which may limit the property's appeal to families specifically seeking top-tier public education districts.
While extensively renovated, the original 1968 construction may eventually require structural or foundational maintenance typical of buildings over 50 years old, despite the recent cosmetic and system upgrades.
This turnkey residential income investment has been meticulously maintained through the years and is located in a highly desirable rental location in West San Jose. The property consists of one, 3BD/2BA unit; two, 2BD/1.5BA units; and one, 1BD/1BA unit. All four units have been fully remodeled with high-end finishes throughout, including updated kitchens, all with modern appliances including microwaves and dishwashers. All bathrooms have also been upgraded. Units 1,3,4 have central air/heat and the one bedroom unit has an energy-efficient mini-split AC and heating unit. The turnkey condition of this property is ideal as an owner-occupied property, a first-time investor or an experienced investor looking for a low maintenance property. Capital improvements include; double-pane windows throughout; copper plumbing; drought tolerant landscaping with drip system; water heater & recirculating hot water pump and low-flow toilets. The building's elevated walk-ways have been inspected and is SB-721 compliant. There are 12 parking spaces in total: two-car garage, 4 carports and 6 uncovered, on-site parking spaces. On-site laundry room with a washer and dryer that transfer with the sale. Minutes from Santana Row & Westfield Valley Fair, easy access to major freeways & light rail station.
No exterior & parking available.
Grades 7-8 • 1.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,973 | 2,404.563 |
| Lot Size | 9,636 | 6,807.656 |
| Price | $2.15M | $1.42M |
| Price per sq ft | $541 | $613 |
| Built year | 1968 | 1962 |
| HOA | $0 | $0 |
| Days on market | 44 | 72 |
Sep 10, 2026
$2,150,000
Initial Listing
Feb 1, 1999
$590,000
Public Record