3814 Seven Trees Boulevard, San Jose, California 95111, San Jose, 95111 - bed, bath
ACTIVE$2,049,000
3814 Seven Trees Boulevard, San Jose, California 95111
0Bed
0Bath
4,133Sqft
18,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High-Yield Investment Property: This fourplex offers immediate and strong rental income with all units currently rented at market rate, making it an attractive asset for investors seeking stable cash flow.
Top Cons:
Age of Property (1978): Built in 1978, the property may have aging infrastructure (e.g., plumbing, electrical, HVAC) that could necessitate significant capital expenditures in the near future, despite being described as 'well-maintained'.
Compared to the nearby listings
Price:$2.05M vs avg $1.47M (+$574,500)50%
Size:4,133 sqft vs avg 2,707.5 sqft50%
Price/sqft:$496 vs avg $59950%
More Insights
Built in 1978 (47 years old).
Condition: Built in 1978, this property is over 40 years old. While the listing describes it as 'well-maintained' and it generates market-rate rent, the exterior images reveal a dated aesthetic with stucco siding, older windows, and visible window AC units, suggesting a lack of recent extensive renovations. The property analysis also highlights the age and potential for aging infrastructure. Crucially, there are no interior images provided, making it impossible to assess the condition, style, and features of the kitchens and bathrooms directly. However, based on the exterior and age, it's highly probable that the interiors, including these key areas, are also dated and would require minor updates or repairs to meet current standards and appeal, aligning with the 'Fair' condition criteria.
Year Built
1978
Close
-
List price
$2.05M
Original List price
$2.1M
Price/Sqft
$496
HOA
-
Days on market
-
Sold On
-
MLS number
ML82020363
Home ConditionFair
Features
View-
About this home
Don't miss this rare investment opportunity in the heart of Seven Trees, San Jose 95111! This well-maintained fourplex offers strong rental income with one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units all currently rented at market rate. Situated on a desirable corner lot with a large lot size, the property provides ample parking for residents and guests. Whether you're an investor looking for stable cash flow or a homeowner seeking to live in one unit while renting the others, this property is the perfect fit. Enjoy unbeatable convenience with nearby plazas offering restaurants, grocery stores, and shopping, plus easy access to major highways and transit.
Condition Rating
Fair
Built in 1978, this property is over 40 years old. While the listing describes it as 'well-maintained' and it generates market-rate rent, the exterior images reveal a dated aesthetic with stucco siding, older windows, and visible window AC units, suggesting a lack of recent extensive renovations. The property analysis also highlights the age and potential for aging infrastructure. Crucially, there are no interior images provided, making it impossible to assess the condition, style, and features of the kitchens and bathrooms directly. However, based on the exterior and age, it's highly probable that the interiors, including these key areas, are also dated and would require minor updates or repairs to meet current standards and appeal, aligning with the 'Fair' condition criteria.
Pros & Cons
Pros
High-Yield Investment Property: This fourplex offers immediate and strong rental income with all units currently rented at market rate, making it an attractive asset for investors seeking stable cash flow.
Prime San Jose Location: Situated in the desirable Seven Trees area of San Jose, the property boasts excellent convenience with nearby amenities, shopping, dining, and easy access to major highways and public transit.
Large Corner Lot with Ample Parking: The substantial 18,000 sqft corner lot provides significant outdoor space and abundant parking, a valuable feature for a multi-unit residential property.
Flexible Ownership Model: The property is ideal for both pure investors seeking consistent returns and owner-occupants looking to live in one unit while generating income from the others.
Diverse Unit Mix: The property features a desirable mix of one spacious 3-bedroom, 2-bath unit and three 2-bedroom, 1.5-bath units, appealing to a broader range of potential tenants.
Cons
Age of Property (1978): Built in 1978, the property may have aging infrastructure (e.g., plumbing, electrical, HVAC) that could necessitate significant capital expenditures in the near future, despite being described as 'well-maintained'.
Recent Price Adjustment: A recent price reduction from $2.095M to $2.049M could indicate a longer time on market or initial overpricing, potentially signaling a need for a quicker sale or a perceived value gap.
Lack of Specific Renovation Details: While described as 'well-maintained,' the listing lacks specific details on recent major renovations or system upgrades, which could lead to unexpected costs for a new owner.