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429 Osgood Court, San Jose, California 95111, San Jose, 95111 - bed, bath

429 Osgood Court, San Jose, California 95111 home-pic-0
ACTIVE$1,599,900
429 Osgood Court, San Jose, California 95111
0Bed
0Bath
2,952Sqft
7,790Lot
Year Built
1972
Close
-
List price
$1.6M
Original List price
$1.6M
Price/Sqft
$542
HOA
-
Days on market
-
Sold On
-
MLS number
ML82028627
Home ConditionPoor
Features
Deck
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.60M(50th), sqft - 2952(50th), beds - undefined(50th), baths - undefined(50th).

Welcome to this great investment of this triplex 2,952 sf, 2 units 3 bed/ 2bath 1,108sf living space and 1 unit 2bed/1bath 736sf living space. This triplex is located in Cul-De-Sac street, quiet and peaceful in the vibrant city of San Jose. Additional amenities include a generous 3-car garage, offering ample space for vehicles and large back yard parking. New exterior paint. Update safety stairways. For your convenience, there's an in-home laundry area that simplifies household chores. This property is situated within the Oak Grove Elementary School District, providing access to local educational facilities. With its thoughtful design and prime location, this San Jose residence is sure to meet your needs and preferences. All 3 units rented for a long term tenants they love to stay there for over 10 years and more. Sellers interested in 1031 exchange and no cost to buyers.

Price History

Date
Event
Price
12/02/25
Listing
$1,599,900
03/16/99
Sold
$295,000
Condition Rating
Poor
The property was built in 1972, making it 52 years old. While the exterior has received recent updates like new paint and updated safety stairways, the listing explicitly highlights 'Potential for Interior Obsolescence' due to long-term tenants (10+ years). The complete absence of interior images, particularly of kitchens and bathrooms, strongly suggests these areas are severely outdated, likely original or renovated 30-50+ years ago. This indicates a need for substantial repairs and rehabilitation to bring the interiors and potentially major systems up to modern standards, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Income-Generating Triplex: The property is a triplex, offering multiple income streams and a strong investment opportunity in the San Jose market.
Stable Long-Term Tenancy: All three units are occupied by long-term tenants (10+ years) who wish to remain, ensuring immediate and reliable rental income with reduced vacancy risk.
Prime Location: Situated on a quiet cul-de-sac street in San Jose, providing a peaceful and desirable living environment for tenants.
Ample Parking & Garage: Includes a generous 3-car garage and large backyard parking, offering significant convenience and value for residents.
Recent Exterior Updates: Features new exterior paint and updated safety stairways, indicating recent maintenance and improved curb appeal and safety.

Cons

Age of Property: Built in 1972, the property is over 50 years old, which may imply older systems (e.g., plumbing, electrical, HVAC) and potential for future capital expenditures.
Potential for Interior Obsolescence: Given the long-term tenancy, the interior finishes and amenities of the units may be dated and could require significant renovation to maximize rental income or resale value upon tenant turnover.
Lack of Specific Financials: The listing does not provide current rental income or detailed expense information, which is crucial for investors to conduct thorough due diligence and assess profitability.

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