743 Forestdale Avenue, San Jose, California 95116, San Jose, 95116 - 0 bed, 0 bath
Loading property details...
743 Forestdale Avenue
San Jose, California 95116
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,381Sq Ft
5,610Lot Size
Property Price
LIST PRICE$1,295,000
EST. MARKET VALUE
$1,458,121
11% BelowMARKET VALUE
SUMMARY
This Quadruplex Residential Income Asset is a High-Potential Investment Opportunity, listed at $1,295,000—positioned well below the $1,458,122 Fair Market Value by 11%. This valuation gap offers $163,122 in Instant Equity. With a Condition Rating of 4, the property requires cosmetic and system updates, yet its 3,381 sqft footprint and park views provide a solid foundation for value-add strategies. This is an ideal acquisition for Buy-and-Hold Investors or Value-Add Developers seeking to optimize cash flow in the San Jose market.
Estimated Market Value
$1,458,121+$163,121 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 743 Forestdale Avenue Subject 0 bd · 0 ba · 3,381 sqft · $431 | $1,295,000* List Price | 0 | 0 | 3,381 | $431 | - |
A 855 Jeanne Avenue Sold 0 bd · 0 ba · 2,815 sqft · $453 · 0.1 mi | $1,275,000 | 0 | 0 | 2,815 | $453 | 0.1 mi |
B 1105 Appian Ln Active 0 bd · 0 ba · 3,328 sqft · $447 · 0.4 mi | $1,488,000 List Price | 0 | 0 | 3,328 | $447 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1960, this quadruplex is dated but functional. The kitchen features older oak cabinetry and laminate countertops that appear to be 20+ years old, despite some newer LVP flooring and a stainless fridge. The use of window AC units indicates a lack of modern central HVAC systems, and the exterior shows age-appropriate wear consistent with a property needing minor cosmetic and system updates.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Investment Potential
As a quadruplex, this property offers a diversified income stream with four separate units, providing excellent cash flow opportunities in a high-demand San Jose rental market.
- Competitive Market Pricing
The list price of $1,295,000 represents a strong value proposition for the area, offering a lower entry point per unit compared to many other multi-family assets in Silicon Valley.
- Substantial Building Size
With 3,381 square feet of living space, the property provides ample room across the four units, likely resulting in more desirable and functional floor plans for long-term tenants.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-05-19. The sold price is $4,200,000.00.
- Property Age
Built in 1960, the structure may require significant updates to its core systems and cosmetic finishes to remain competitive and reduce ongoing maintenance costs.
- Limited Lot Utility
The 5,610 square foot lot is relatively compact for a four-unit complex, which may restrict available tenant parking and limit outdoor communal or private space.
About 743 Forestdale Avenue
Exceptional opportunity in San Jose. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1960
- Lot Size
- 5,610 Sq. Ft.
Interior
- Total Bedrooms
- 0
- 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 |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,381 | 2,404.563 |
| Lot Size | 5,610 | 6,807.656 |
| Price | $1.29M | $1.42M |
| Price per sq ft | $383 | $613 |
| Built year | 1960 | 1962 |
| HOA | $0 | $0 |
| Days on market | 10 | 72 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,295,000
Initial Listing
Sold
May 19, 2026
$4,200,000
Public Record
Sold
Mar 9, 1995
$138,000
Public Record