822 Opal Drive, San Jose, California 95117, San Jose, 95117 - 0 bed, 0 bath
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San Jose, California 95117
This West San Jose Quadruplex represents a Strong Value Opportunity, listed at $1,580,000—positioned well below the $1,723,663 Fair Market Value by 8%. This valuation gap offers $143,663 in Instant Equity for incoming owners. Boasting a Condition Rating of 3, the property features remodeled kitchens and bathrooms and dual-pane windows across all four units. Located minutes from Santana Row and major tech hubs, this asset promises high rental demand and long-term growth. It is an ideal 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 |
|---|---|---|---|---|---|---|
★ 822 Opal Drive Subject | $1,580,000* List Price | 0 | 0 | 2,686 | $642 | - |
A 3228 Neal Avenue Active Under Contract | $1,850,000 List Price | 0 | 0 | 2,552 | $725 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1960, the property is well-maintained with significant updates. Interior photos show recent renovations including updated kitchens with stone countertops, remodeled bathrooms, and new LVP flooring. The presence of dual-pane windows and relatively modern water heaters indicates functional systems, making the units move-in ready for tenants.
Situated in a highly desirable West San Jose area near Santana Row and major tech corridors, ensuring high tenant demand and long-term appreciation.
With the majority of units on month-to-month leases and recent interior renovations, investors can quickly adjust rents to market rates without significant upfront capital.
Each unit includes a private garage and access to on-site laundry, rare features for a quadruplex that enhance tenant retention and provide additional revenue streams.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =7148, other record lot size in square feet = 7200.
Originally built in 1960, the property may require higher long-term maintenance costs for core systems like plumbing and electrical compared to modern developments.
The local high school rating of 5/10 may limit the property's appeal to families prioritizing top-tier educational districts, potentially impacting future resale value.
Well-maintained 4-unit property in prime West San Jose location. Tenant-occupied with stable rental income and no delinquencies. Unit mix includes two 2BD/1BA units and two 1BD/1BA units. Each unit features a private garage plus additional parking.Property highlights include dual-pane windows, newly remolded kitchen and bathrooms, coin-operated laundry for added income, and a shared backyard area for tenants. Majority of units are on month-to-month leases, offering flexibility and strong upside potential through future rent increases. Conveniently located near Highways 280, 880, and 17, with easy access to Santana Row, Valley Fair, San Tomas Expressway, and major employment centers. Great opportunity for investors seeking a stable, income-producing property with long-term growth potential.
No exterior & parking available.
Grades 9-12 • 1.4 mi
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 | 2,686 | 2,372 | 67% |
| Lot Size | 7,148 | 7,148 | 50% |
| Price | $1.58M | $1.55M | 67% |
| Price per sq ft | $588 | $653 | 33% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 183 | 33% |
May 1, 2026
$1,580,000
Initial Listing
Jul 8, 2021
$1,475,000
Public Record