
San Jose, California 95128
This Turnkey Quadruplex Asset is listed at $1,280,000, compared to a $1,177,433 Fair Market Value, reflecting a premium for its turnkey status and prime location. Boasting an Excellent Condition Rating, the property features four remodeled studio units generating a $85,000 Gross Annual Income. Located near Santana Row and Valley Fair with proximity to Abraham Lincoln High, the asset ensures high rental demand and low maintenance. This stabilized acquisition is an ideal fit for Buy-and-Hold Investors or Owner-Occupants seeking a high-performing San Jose portfolio addition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 330 Arleta Avenue Subject | $1,280,000* List Price | 0 | 0 | 1,300 | $906 | - |
A 2102 Lynnhaven Drive Sold | $1,265,000 | 0 | 0 | 1,500 | $843 | 1.0 mi |
B 584 Macarthur Avenue Active | $900,000 List Price | 0 | 0 | 1,080 | $833 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1948, the property has been extensively renovated within the last few years, qualifying it for an excellent rating. The interiors feature modern shaker-style kitchen cabinetry, updated appliances, and contemporary bathrooms with glass-enclosed corner showers and new vanities. The exterior shows well-maintained siding, updated windows, and clean landscaping, indicating no deferred maintenance and a turnkey condition.
The property is ideally situated near high-end retail hubs like Santana Row and Valley Fair, with immediate access to the 880 and 280 freeways, ensuring high rental demand.
All four units have been remodeled within the past few years, significantly reducing the need for immediate capital expenditures and allowing for a seamless transition for new ownership.
With a reported gross annual income of approximately $85,000 and low utility expenses, this fourplex offers a robust cap rate for the San Jose market.
The total living area of 1,300 square feet across four units results in very small studio footprints (averaging 325 sq. ft.), which may limit the tenant pool and increase turnover.
The 3,951 square foot lot is relatively small for two separate buildings, leaving minimal outdoor space for tenants and restricted potential for future expansion or ADU additions.
Great investment property. This is a fourplex with two separate duplex buildings siting on concrete base. There are two studio cottage style units in each duplex building. All units are ground level which makes them easy for rent and maintenance. The gross rent income is around $85000./annual (Buyers to verify) . The utility expense are low. Prime San Jose location near Valley Fair, Santana Row, easy access to 880 &280 freeways. All units were remodeled in the past few years. This property is under Santa Clara county jurisdiction (buyer to verify).
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades K-5 • 1.8 mi
Grades K-5 • 2.7 mi
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 | 1,300 | 1,920.5 | 25% |
| Lot Size | 3,951 | 7,070.5 | 25% |
| Price | $1.28M | $1.46M | 25% |
| Price per sq ft | $985 | $766 | 75% |
| Built year | 1948 | 1958 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 93 | 117 | 50% |
Jan 19, 2026
$1,280,000
Initial Listing
Apr 14, 2020
$1,180,000
Public Record
Oct 6, 2015
$909,000
Public Record
May 9, 2007
$630,000
Public Record
Jun 30, 2005
$515,000
Public Record