429 Osgood Court, San Jose, California 95111, San Jose, 95111 - bed, bath
429 Osgood Court
San Jose, California 95111
Property Price
SUMMARY
Analysis of 429 Osgood Court, San Jose, California 95111 is currently available with a list price of $1,599,900. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1972, this triplex is over 50 years old. While the exterior benefits from new paint and updated safety stairways, and the decking appears newer, there are no interior images or descriptions of renovations. The property analysis explicitly notes 'unspecified interior condition' and suggests core systems and finishes may be 'original or dated, potentially requiring significant capital expenditures.' This indicates that kitchens and bathrooms are likely outdated and will require substantial modernization to meet current standards, though the property appears maintained and livable for its long-term tenants.
PROSSTRENGTHS & OPPORTUNITIES
- Stable Income & Long-Term Tenants
All three units are currently rented by long-term tenants (10+ years), ensuring a stable and reliable income stream with minimal vacancy risk and turnover costs.
- Prime San Jose Investment Location
Located in a vibrant San Jose cul-de-sac, offering both strong market appreciation potential in a desirable city and a quiet, peaceful living environment for tenants.
- Multi-Unit Investment (Triplex)
As a triplex, the property provides diversified rental income from three separate units, reducing investment risk compared to single-unit properties.
CONSRISKS & DEFICIENCIES
- Age of Property & Potential System Updates
Built in 1972, the property's core systems (e.g., plumbing, electrical, HVAC) and interior finishes may be original or dated, potentially requiring significant capital expenditures in the future.
- Unspecified Interior Condition
While exterior updates are mentioned, the description lacks details on interior renovations for the units, suggesting they may be dated or require modernization to maximize rental potential upon tenant turnover.
- Seller's 1031 Exchange Requirement
The seller's interest in a 1031 exchange, while potentially offering 'no cost to buyers,' can introduce specific transactional timelines or complexities that might not align with all buyer preferences or financing options.
About 429 Osgood Court
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.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1972
- Lot Size
- 7,790 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 2,952 | 2,952 | 50% |
| Lot Size | 7,790 | 7,140 | 50% |
| Price | $1.60M | $1.51M | 50% |
| Price per sq ft | $542 | $512 | 50% |
| Built year | 1972 | 1972 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 145 | 50% |
Pricing History
Listed for Sale
Dec 2, 2025
$1,599,900
Initial Listing
Sold
Mar 16, 1999
$295,000
Public Record