
San Jose, California 95130
This updated triplex represents a High-Potential Investment Opportunity, listed at $1,788,000—positioned well below the $1,870,238 Fair Market Value by 4%. This valuation gap offers $82,238 in Instant Equity. With a Condition Rating of 4, the property provides stable, immediate rental income from three occupied units and on-site laundry. Featuring attached garages and a spacious 7,600 sf lot, this asset is ideal for Buy-and-Hold Investors or Value-Add Investors seeking a prime Silicon Valley location with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4259 Hamilton Avenue Subject 0 bd · 0 ba · 2,466 sqft · $758 | $1,788,000* List Price | 0 | 0 | 2,466 | $758 | - |
A 4442 Colombo Drive Sold 0 bd · 0 ba · 1,616 sqft · $854 · 0.3 mi | $1,380,000 | 0 | 0 | 1,616 | $854 | 0.3 mi |
B 4149 Alberstone Drive Sold 0 bd · 0 ba · 1,900 sqft · $816 · 0.1 mi | $1,550,000 | 0 | 0 | 1,900 | $816 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1961 with updates that appear to be 15-30 years old. The kitchen features dated oak cabinetry and tile countertops, and the units utilize older wall-mounted heaters rather than modern central HVAC systems. While the property is functional, well-maintained, and currently tenant-occupied, it is dated and will eventually require minor updates and system modernizations.
The property is fully occupied by stable tenants, offering immediate rental income from day one along with additional revenue from owner-owned laundry facilities.
Situated in desirable West San Jose within the Moreland School District, the property is close to major shopping, dining, and employment hubs, ensuring high rental demand.
Each unit features its own attached garage plus an additional driveway space, a rare and highly attractive amenity for multi-family residents that increases tenant retention.
Built in 1961, the property may require higher long-term capital expenditures for aging systems such as plumbing and electrical compared to newer builds.
With the existing triplex and required parking occupying much of the 7,600 sqft lot, there is restricted space for significant footprint expansion or the addition of new units.
Welcome to this updated single-level triplex located in desirable West San Jose. Situated on a spacious 7,600 sf lot. All three units are currently occupied by stable tenants, providing immediate rental income from day one of ownership, along with additional income from on-site laundry facilities. On site washer and dryer is owned by owner. Each unit features one attached garage plus a driveway parking space, offering convenient parking for residents. The property is ideally located near shopping centers, grocery stores, retail stores, restaurants, and other everyday amenities. Situated within the Moreland School District, this property offers an attractive combination of location, convenience, and investment potential. With all units currently leased and generating rental income, this is an excellent opportunity for investors seeking a property with an established income stream and strong long-term potential. Don't miss this great opportunity to own an updated, income-producing asset in a prime Silicon Valley location with strong rental demand and continued upside potential.
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 | 2,466 | 2,404.563 |
| Lot Size | 7,600 | 6,807.656 |
| Price | $1.79M | $1.42M |
| Price per sq ft | $725 | $613 |
| Built year | 1961 | 1962 |
| HOA | $0 | $0 |
| Days on market | 32 | 72 |
Sep 22, 2026
$1,788,000
Initial Listing
Jun 15, 2021
$1,600,000
Public Record
Mar 16, 2005
$45,000
Public Record
Apr 26, 2002
$52,500
Public Record
Dec 13, 2000
$675,000
Public Record
May 1, 1998
$405,000
Public Record