
San Jose, California 95117
This High-Potential Investment Opportunity is a turnkey fourplex listed at a List Price of $1,795,000, positioned well below the $1,797,940 Fair Market Value by 0.16%. Featuring a Condition Rating of 3, the property offers stable cash flow with long-term tenants and R3 Zoning potential for an ADU. Its prime location near Apple Park and major transit hubs ensures consistent demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-generating property in Silicon Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3813 Barker Drive Subject 0 bd · 0 ba · 3,852 sqft · $467 | $1,795,000* List Price | 0 | 0 | 3,852 | $467 | - |
A 1342 Essex Way Sold 0 bd · 0 ba · 3,928 sqft · $452 · 0.9 mi | $1,775,000 | 0 | 0 | 3,928 | $452 | 0.9 mi |
B 3851 Blackford Avenue Sold 0 bd · 0 ba · 4,514 sqft · $443 · 0.4 mi | $2,000,000 | 0 | 0 | 4,514 | $443 | 0.4 mi |
C 3825 Barker Drive Active 0 bd · 0 ba · 3,896 sqft · $391 · 0.0 mi | $1,525,000 List Price | 0 | 0 | 3,896 | $391 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1963, the interior has undergone significant recent renovations (likely within 5-10 years) featuring modern shaker-style cabinetry, quartz countertops, subway tile backsplashes, and updated bathrooms. The property is well-maintained and turnkey, though some original elements like popcorn ceilings and the 1960s exterior design remain.
Situated in a highly desirable West San Jose corridor near Apple Park, Santana Row, and major transit routes, ensuring consistently high tenant demand and long-term appreciation.
The R3 zoning and expansive private side yard provide a rare opportunity for the potential development of an ADU, allowing for increased density and enhanced rental yield.
The property is fully occupied with stable, long-term tenants and features a large 3-bedroom owner's unit with a private yard, offering immediate cash flow and versatile management options.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7840, other record lot size in square feet = 7704.
Built in 1963, the property may require higher long-term capital expenditures for plumbing, electrical, and structural maintenance compared to newer multi-family developments.
With only 5 bathrooms serving 9 bedrooms across four units, the high density per bathroom may limit the ability to achieve top-tier market rents for the smaller units.
Exceptional opportunity to acquire a well-maintained, owner-managed fourplex in one of San Joses most desirable and stable rental corridors. This turnkey investment offers a strong cap rate, consistent rental income, stable tenancy, and minimal management demands. Property Highlights [] 9 bed, 5 full bathrooms [] Unit 1 is on the Main floor, is huge with 3 bed, 2 bath and large private yard. Units 2 - 4 are all just about the same size and layout. [] Situated on large private side yard. [] All units fully occupied with stable, long-term tenants; all rents current. [] Self-managed with excellent maintenance record [] Prime west San Jose location with quick access to I-280, San Tomas Expy, and Stevens Creek Blvd [] Minutes from Santana Row, Valley Fair, Apple Park, and major Silicon Valley employers [] Attached four-car garage plus additional parking space. [] Attractive Spanish-style, two-story design with strong curb appeal [] Zoning: R3 permits multifamily use and there may be potential for an ADU on the large yard. (Buyer to confirm with city)
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 | 3,852 | 2,404.563 |
| Lot Size | 7,840 | 6,807.656 |
| Price | $1.79M | $1.42M |
| Price per sq ft | $466 | $613 |
| Built year | 1963 | 1962 |
| HOA | $0 | $0 |
| Days on market | 24 | 72 |
Sep 30, 2026
$1,795,000
Initial Listing
Mar 1, 2021
$1,755,000
Public Record
Dec 11, 2015
$1,370,000
Public Record
Sep 30, 2005
$950,000
Public Record
Mar 1, 2002
$835,000
Public Record