
San Jose, California 95130
This Turnkey Triplex Asset is a Strong Value Opportunity, listed at $1,750,000—positioned well below the $1,850,715 Fair Market Value by 5%. This valuation gap provides $100,715 in Instant Equity. Boasting a Renovated Condition Rating, the property features remodeled kitchens, copper plumbing, and private garages in a premier West San Jose rental corridor. Its proximity to major expressways ensures high demand from Silicon Valley tech professionals. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4418 Hamilton Subject | $1,750,000* List Price | 0 | 0 | 2,466 | $750 | - |
A 4149 Alberstone Drive Pending | $1,550,000 List Price | 0 | 0 | 1,900 | $816 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This triplex has undergone extensive recent renovations, particularly in Units B and C, which feature brand-new stainless steel appliances (some still with protective packaging), modern shaker-style cabinetry, stone countertops, and updated bathrooms with new vanities and fixtures. The entire property boasts new luxury vinyl plank flooring, fresh interior paint, and upgraded copper plumbing. While the structure dates to 1961, the interior components and major systems have been updated to meet current modern standards, qualifying it as a fully renovated property with minimal physical depreciation.
The property features significant interior upgrades, with Units B and C recently remodeled and Unit A previously updated, offering modern kitchens, bathrooms, and flooring that command premium rents.
Located in a high-demand West San Jose corridor, the property offers unbeatable access to San Tomas and Lawrence Expressways, as well as Highways 280 and 17, ensuring a consistent tenant base of tech professionals.
Key capital improvements such as copper plumbing, owned on-site laundry, and private enclosed garages for every unit enhance property longevity and increase overall tenant satisfaction and retention.
Built in 1961, the property may face long-term maintenance challenges associated with aging structural elements and systems that fall outside the scope of recent cosmetic renovations.
The unit mix is restricted to 1-bedroom and 2-bedroom configurations, which may exclude larger family households seeking 3+ bedroom rentals in the suburban San Jose market.
A well-positioned triplex located in one of West San Joses most desirable and high-demand rental corridors. Situated on a spacious ~7,000 sq ft lot, this approximately 2,466 sq ft building offers a strong unit mix of two 2-bedroom/1-bath units and one 1-bedroom/1-bath unitideal for both steady cash flow and long-term appreciation. Units B & C have been recently remodeled, featuring updated kitchens, refreshed bathrooms, new flooring, and new appliance, creating modern and attractive living spaces for todays tenants. Unit A was previously remodeled prior to the current ownership, providing an additional layer of value and consistency across the property. The property also benefits from key capital improvements including copper plumbing, and owned on-site washer and dryer. Each unit includes a private enclosed garage, offering added convenience and tenant appeal. This property provides unbeatable access to premier shopping, dining, and entertainment. Commuters will appreciate the close proximity to San Tomas Expy, Lawrence Expy, and Highways 280 & 17, offering easy connectivity to major Silicon Valley employers. This is a rare opportunity to own a 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,466 | 1,900 | 67% |
| Lot Size | 7,000 | 7,000 | 50% |
| Price | $1.75M | $1.55M | 67% |
| Price per sq ft | $710 | $816 | 33% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 63 | 33% |
Apr 10, 2026
$1,750,000
Initial Listing
Mar 5, 2019
$1,420,000
Public Record
Nov 22, 2017
$1,310,000
Public Record