590 Macarthur Avenue, San Jose, California 95128, San Jose, 95128 - 0 bed, 0 bath
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San Jose, California 95128
This Well-Maintained Quadruplex Asset is listed at $1,899,000, positioned near its $1,803,340 Fair Market Value. Currently holding a Condition Rating of 4, the property consists of four spacious 1-bedroom units and a five-stall carport situated on a substantial 9,040 SF Lot. This oversized lot provides significant Development Potential for additional units in a high-demand area near Santana Row and Valley Medical Center. This strategic, income-generating acquisition is perfectly suited for Buy-and-Hold Investors or Developers looking to capitalize on San Jose’s rental market and density opportunities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 590 Macarthur Avenue Subject | $1,899,000* List Price | 0 | 0 | 2,804 | $643 | - |
A 820 Leigh Avenue Sold | $1,512,000 | 0 | 0 | 2,159 | $700 | 0.8 mi |
B 2469 Olive Avenue Active | $1,925,000 List Price | 0 | 0 | 3,304 | $583 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this quadruplex is described as well-maintained but shows clear signs of aging infrastructure. The exterior, windows, and concrete parking areas are functional but dated. The absence of interior photos typically indicates that kitchens and bathrooms likely feature older styles and finishes that, while functional, have not undergone recent major renovations to meet modern 'excellent' or 'good' standards.
The property is ideally situated near Santana Row, Valley Medical Center, and major freeways, ensuring high rental demand and convenience for professional tenants.
With a generous lot size of over 9,000 square feet, there is significant upside potential for investors to explore adding additional units to the site.
The inclusion of a five-stall carport and private storage closets for each unit provides essential convenience that adds value and appeal for long-term renters.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =9040, other record lot size in square feet = 9125.
Constructed in 1951, the building may require capital expenditures for system upgrades or modernizations to maintain its competitive edge in the market.
The property consists exclusively of 1-bedroom, 1-bath units, which limits the target demographic and may result in higher turnover compared to multi-bedroom family units.
Well maintained four-plex with a great location! Near Valley Medical Center, San Jose, City College, Santana Row and major freeways. Four spacious 1 bedroom, 1 bath units with a five stall carport, all with private storage closets. The large private lot, over 9000SF has potential for more units, is located in a single family residence neighborhood with easy access to Moorpark Ave, Winchester Blvd, Stevens Creek Blvd and Bascom Ave. Bring your investors!
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 | 2,804 | 2,481.5 | 50% |
| Lot Size | 9,040 | 8,440.5 | 50% |
| Price | $1.90M | $1.71M | 50% |
| Price per sq ft | $677 | $689 | 50% |
| Built year | 1951 | 1958 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 96 | 25% |
Apr 9, 2026
$1,899,000
$2,200,000
-14% Price Drop
Initial Listing
Mar 20, 2026
$2,200,000
Initial Listing
Mar 5, 2019
$1,550,000
Public Record