
San Jose, California 95129
This 4plex is a Strong Value Opportunity, listed at $1,950,000—positioned well below the $2,133,698 Fair Market Value by 8%. This valuation gap offers $183,698 in Instant Equity. Featuring a Fair Condition Rating, the property provides significant upside through interior upgrades. With a versatile unit mix and proximity to major tech employers, this asset is ideal for Buy-and-Hold Investors seeking rental growth or Owner-Occupants looking to reside on-site while generating substantial income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4335 Blackford Avenue Subject 0 bd · 0 ba · 3,813 sqft · $560 | $1,950,000* List Price | 0 | 0 | 3,813 | $560 | - |
A 328 Greendale Way Sold 0 bd · 0 ba · 3,713 sqft · $600 · 0.4 mi | $2,229,000 | 0 | 0 | 3,713 | $600 | 0.4 mi |
B 5047 Lapa Drive Sold 0 bd · 0 ba · 3,150 sqft · $651 · 0.8 mi | $2,050,000 | 0 | 0 | 3,150 | $651 | 0.8 mi |
C 635 Bolton Court Active 0 bd · 0 ba · 3,895 sqft · $487 · 0.0 mi | $1,895,000 List Price | 0 | 0 | 3,895 | $487 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this 4plex is functional but dated. The kitchen features older tile countertops, painted cabinets, and aging appliances. The exterior stucco and metal railings show typical wear for their age. The listing explicitly highlights 'value-add potential' through interior upgrades, confirming it needs cosmetic updates rather than major structural rehab.
Situated in a premier West San Jose submarket near Apple Park and NVIDIA, the property benefits from high tenant demand and proximity to elite retail hubs like Santana Row.
The combination of a large 3-bedroom owner-occupant style unit and three spacious 2-bedroom units offers rare flexibility for both investors and live-in owners.
The property presents a clear opportunity to capture substantial rental upside and equity growth through targeted interior renovations and modernized management.
Built in 1968, the property may require higher ongoing maintenance costs and capital expenditures for aging systems compared to newer construction.
To realize the 'value-add' potential and achieve market-leading rents, a buyer must be prepared for upfront investment in interior upgrades and modernization.
Magnify is pleased to present 4335 Blackford Avenue, a premier 4plex investment opportunity situated in an exceptional West San Jose residential submarket. Highlighted by an outstanding micro-location and a highly desirable unit mix, the property consists of one large 3-Bedroom / 2-Bathroom unit and three spacious 2-Bedroom / 1-Bathroom units. The oversized floorplans cater directly to long-term tenants and families, while the main 3BD/2BA layout presents ideal flexibility for an owner-occupant buyer looking to reside on-site while generating substantial rental income. While currently operating with significant value-add potential, 4335 Blackford Ave offers investors a rare opportunity to capture substantial upside in rents through targeted interior upgrades and hands-on management. Positioned in one of Silicon Valley's most resilient and sought-after residential enclaves, the property benefits from its proximity to top tech employers including Apple Park and NVIDIA, along with direct access to Interstate 280, Lawrence Expressway, and Stevens Creek Boulevard. Moments from Santana Row, Valley Fair, and Westgate Center, this asset combines elite location fundamentals, large functional unit layouts, and massive long-term equity appreciation 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 | 3,813 | 2,404.563 |
| Lot Size | 6,785 | 6,807.656 |
| Price | $1.95M | $1.42M |
| Price per sq ft | $511 | $613 |
| Built year | 1968 | 1962 |
| HOA | $0 | $0 |
| Days on market | 31 | 72 |
Sep 23, 2026
$1,950,000
Initial Listing
Nov 5, 2010
$870,000
Public Record
Dec 11, 2003
$890,000
Public Record