
San Jose, California 95117
This 4plex presents a Strong Value Opportunity, listed at $1,888,000—positioned well below the $2,101,421 Fair Market Value by 10%. This valuation gap offers $213,421 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the property includes a fully remodeled 3BD/2BA unit and private backyard, balancing immediate rental income with value-add potential in the remaining units. With 4 enclosed garages and a prime Silicon Valley location, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3249 Williamsburg Drive Subject | $1,888,000* List Price | 0 | 0 | 3,222 | $652 | - |
A 3228 Neal Avenue Sold | $1,750,000 | 0 | 0 | 2,552 | $686 | 0.9 mi |
B 1106 Boynton Avenue Sold | $1,550,000 | 0 | 0 | 2,210 | $701 | 0.8 mi |
C 1112 Nottingham Place Sold | $1,550,000 | 0 | 0 | 2,372 | $653 | 1.0 mi |
D 1342 Essex Way Active | $1,950,000 List Price | 0 | 0 | 3,928 | $496 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1962, the property has undergone significant recent renovations. The primary 3BD/2BA unit and Unit #3 are fully remodeled with modern shaker cabinets, quartz-style countertops, stainless steel appliances, and LVP flooring. The addition of a mini-split HVAC system indicates updated mechanicals. Although two units are noted as 'value-add' (dated), the overall asset is well-maintained, functional, and features high-quality finishes in the renovated portions.
Situated in a highly desirable West San Jose neighborhood near downtown Campbell, the property offers residents easy access to premier shopping, dining, and major tech employers like Apple and NVIDIA.
The fully remodeled 3BD/2BA unit features high-quality finishes and a large private backyard, making it an ideal opportunity for an owner-user to live in one unit while collecting income from the others.
The inclusion of four enclosed garages is a significant competitive advantage in the multifamily market, providing secure parking and storage that command higher tenant retention and premium rents.
While two units are remodeled, the remaining units require updates to reach their full market rent potential, necessitating upfront investment for future renovations.
Built in 1962, the property may require ongoing maintenance or costly upgrades to aging systems such as plumbing and electrical that are typical for assets of this era.
Magnify is pleased to present 3249 Williamsburg Drive, a desirable 4plex located in a prime West San Jose neighborhood near downtown Campbell. The property consists of 3,222 building square feet on a large 9,112 square foot corner parcel (0.20 acres) and features an attractive unit mix of (1) 3BD/2BA and (3) 2BD/1BA units. The spacious 3BD/2BA is fully remodeled and offers excellent owner-occupant appeal with an eat-in kitchen, quality finishes, and a large private backyard. Unit #3 is also remodeled and includes a mini split heat pump with air conditioning, while the remaining units provide additional value-add upside through future renovations. The property also benefits from 4 enclosed garages, providing secure parking and storage rarely available in comparable multifamily properties. Ideally located near downtown Campbell, residents enjoy convenient access to premier dining, shopping, entertainment, and major Silicon Valley employment centers including Apple, NVIDIA, Netflix, Adobe, Santana Row, and Valley Fair. With its large corner lot, desirable unit mix, remodeled interiors, and strong rental upside, 3249 Williamsburg Drive presents a rare opportunity to acquire a well-positioned multifamily asset in one of West San Joses most sought-after submarkets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,222 | 2,552 |
| Lot Size | 9,112 | 7,370 |
| Price | $1.89M | $1.54M |
| Price per sq ft | $586 | $655 |
| Built year | 1962 | 1961 |
| HOA | $0 | $0 |
| Days on market | 14 | 50 |
Jul 8, 2026
$1,888,000
Initial Listing
Apr 16, 2009
$849,500
Public Record