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3813 Barker Drive, San Jose, California 95117, San Jose, 95117 - bed, bath

3813 Barker Drive, San Jose, California 95117 home-pic-0
ACTIVE$1,995,000
3813 Barker Drive, San Jose, California 95117
0Bed
0Bath
3,852Sqft
7,704Lot
Year Built
1963
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$518
HOA
-
Days on market
-
Sold On
-
MLS number
ML82027706
Home ConditionFair
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $2.00M(86th), sqft - 3852(71th), beds - undefined(50th), baths - undefined(50th).

Investment Overview - Exceptional opportunity to acquire a well-maintained, owner-managed fourplex in one of San Joses most desirable and stable rental corridors. 3813 Barker Drive offers consistent income, minimal management demands. [] Situated on large private back yard and a huge side yardl with potential future expansion, ADU addition, or redevelopment under R3 zoning (buyer to verify). Property Highlights [] Four spacious units totaling 3,852 SF of rentable area [] Main floor unit is huge with 3 bed, 2 bath, large private yard. [] All units fully occupied with stable, long-term tenants; all rents current. [] No vacancies except for the time the units where upgraded. [] 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 potential ADU or redevelopment (verify with city) [] Lot size: Approx. 7,704 SF with wide side yard ideal for added units or open space

Price History

Date
Event
Price
11/14/25
Listing
$1,995,000
03/01/21
Sold
$1,755,000
12/11/15
Sold
$1,370,000
09/30/05
Sold
$950,000
03/01/02
Sold
$835,000
Condition Rating
Fair
The property, built in 1963, is well-maintained and features updated kitchens and bathrooms with modern fixtures, subway tile, and wood laminate/hardwood flooring in many units. The description notes that units were upgraded. However, despite these cosmetic updates, the building's age (61 years old) suggests that core systems (plumbing, electrical, HVAC, as evidenced by visible baseboard heaters) are likely older and may not be within their expected lifespan, as highlighted in the property analysis weakness. While move-in ready and functional, the property shows signs of being aged with functional but potentially outdated major components, aligning with a 'Fair' condition score rather than 'Good' which implies major systems are within their expected lifespan.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a highly desirable and stable rental corridor in West San Jose, offering quick access to major freeways (I-280, San Tomas Expy, Stevens Creek Blvd) and proximity to key Silicon Valley employers like Apple Park, as well as amenities like Santana Row and Valley Fair.
Development Potential & Favorable Zoning: The property boasts a large 7,704 SF lot with a wide side yard and R3 zoning, providing significant potential for future expansion, ADU additions, or complete redevelopment, subject to city verification.
Stable Income & Occupancy: All four units are fully occupied by stable, long-term tenants with current rents, ensuring consistent income and minimal vacancy risk for an investor.
Well-Maintained & Managed: Described as well-maintained and owner-managed with an excellent maintenance record, suggesting a property that has been cared for and may require fewer immediate capital expenditures.
Spacious Units & Ample Parking: Features four spacious units totaling 3,852 SF, including a large 3-bed, 2-bath main floor unit with a private yard, complemented by an attached four-car garage and additional parking space, appealing to tenants.

Cons

Age of Property: Built in 1963, the property's age suggests that while well-maintained, core systems (plumbing, electrical, HVAC) may be original or older, potentially requiring significant capital upgrades in the future.
Potential for Below Market Rents: With stable, long-term tenants and owner-management, there's a possibility that current rents may be below market rates, limiting immediate income upside without tenant turnover or rent adjustments.
Due Diligence for Development: While offering significant development potential, the 'buyer to verify' clause for R3 zoning and expansion implies that realizing this potential will require extensive due diligence, city approvals, and associated costs and timelines.

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