
San Jose, California 95117
This fourplex presents a High-Potential Investment Opportunity with a List Price of $2,088,000—positioned well above the $1,860,198 Fair Market Value by -12%. While currently priced above market, the property features separate gas and electric meters and a Condition Rating of 4, offering a stable, functional asset. Located in a prime West San Jose area near Award-Winning Schools like Prospect High, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy with long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 646 Rebecca Way Subject 0 bd · 0 ba · 4,030 sqft · $462 | $2,088,000* List Price | 0 | 0 | 4,030 | $462 | - |
A 3851 Blackford Avenue Sold 0 bd · 0 ba · 4,514 sqft · $443 · 0.1 mi | $2,000,000 | 0 | 0 | 4,514 | $443 | 0.1 mi |
B 3825 Barker Drive Active 0 bd · 0 ba · 3,896 sqft · $391 · 0.4 mi | $1,525,000 List Price | 0 | 0 | 3,896 | $391 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, this fourplex is dated but functional and fully livable. The units feature some updates, including newer laminate and tile flooring alongside modern stainless steel kitchen appliances. However, the property retains older painted cabinetry and popcorn ceilings, indicating it needs minor cosmetic updates and refreshing.
The property is ideally situated within walking distance to Mitsuwa and Lion grocery stores with easy access to major freeways, ensuring high tenant demand and convenience.
Zoned for highly-rated schools including Easterbrook Elementary and Prospect High, which enhances long-term property value and attracts stable, family-oriented tenants.
Equipped with separate gas and electric meters for each unit, simplifying property management and shifting utility costs directly to the tenants.
Built in 1970, the property may require upcoming capital improvements or modernization to systems and interiors to remain competitive in the local rental market.
Only one unit features a private two-car garage, while the remaining three units are limited to carports, which may be a drawback for tenants seeking enclosed storage or extra security.
Welcome to a beautiful fourplex conveniently nestled in West San Jose. 2 ground floor units. 2 second floor units. Each unit enjoys great privacy. All the bedrooms are spacious. Unit 1 has its own private patio and 2 car garage. The other three units have assigned carport parking. On site community laundry. Separate electric meters. Separate gas meters. Walking distance to mitsuwa grocery, lion grocery and many other amenities. Easy access to Saratoga avenue, freeways and expressways. Award-Winning Schools: Easterbrook Elementary, Easterbrook Middle and Prospect High
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 | 4,030 | 2,404.563 |
| Lot Size | 7,564 | 6,807.656 |
| Price | $2.09M | $1.42M |
| Price per sq ft | $518 | $613 |
| Built year | 1970 | 1962 |
| HOA | $0 | $0 |
| Days on market | 66 | 72 |
Aug 19, 2026
$2,088,000
Initial Listing
Jan 11, 2001
$965,000
Public Record