
San Jose, California 95117
This Prime Investment Opportunity is a well-maintained Quadruplex listed at $1,800,000—positioned well below the $1,847,009 Fair Market Value by 2%. This valuation gap provides $47,009 in Instant Equity. Featuring a Condition Rating of 3, the property offers updated interiors and stable rental demand in the Lynhaven neighborhood. With onsite laundry and dedicated parking, this asset is perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a solid, income-producing property with long-term upside in central San Jose.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 828 Opal Drive Subject | $1,800,000* List Price | 0 | 0 | 3,600 | $513 | - |
A 3691 Cape Cod Court Active | $1,948,000 List Price | 0 | 0 | 3,584 | $544 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1959 build date, the property has undergone significant interior renovations within the last 5-15 years. Photos show updated shaker-style kitchen cabinetry, stone countertops, and modern laminate flooring throughout. While the HVAC consists of dated wall heaters, the units are well-maintained, functional, and move-in ready for tenants.
Situated in the desirable Lynhaven neighborhood near Santana Row and Westfield Valley Fair, the property offers exceptional proximity to premier shopping, dining, and major commute corridors.
The property features four uniform 2-bedroom, 1-bathroom units with a two-story design that separates living and sleeping areas, providing a highly marketable floor plan for tenants.
Onsite coin-operated laundry and dedicated carport parking for each unit enhance tenant convenience and support long-term occupancy and stable rental income.
Built in 1959, the property may require significant capital expenditures for aging systems such as plumbing, electrical, or roofing despite being well-maintained.
With only one covered parking space per 2-bedroom unit, the property may struggle to accommodate multi-car households, which is common in high-density San Jose neighborhoods.
Dont miss this opportunity to own a well-maintained four-unit property in the sought-after Lynhaven neighborhood of central San Jose, offering stable rental income and long-term appreciation potential. Each unit offers 2 bedrooms, 1 bathroom, and 900 sq ft of living space with select upgrades. The ground floor features an open-concept living room and kitchen with a comfortable, functional layout, while the second floor provides private bedrooms and a bathroom, offering separation and everyday convenience. The property also features a large, low-maintenance backyard with ample open space for relaxation or shared outdoor use. Onsite coin-operated laundry adds tenant convenience. A covered carport provides one parking space per unit, with additional parking available in the front yard. Conveniently located near Santana Row, Westfield Valley Fair, Santa Clara Valley Medical Center, and major highways 280, 17, and San Tomas Expressway. Well suited for investors or buyers seeking a solid, income-producing property with long-term upside.
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 | 3,600 | 2,372 | 67% |
| Lot Size | 7,200 | 7,200 | 50% |
| Price | $1.80M | $1.55M | 67% |
| Price per sq ft | $500 | $653 | 33% |
| Built year | 1959 | 1960 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 21 | 183 | 33% |
May 16, 2026
$1,800,000
Initial Listing
Nov 10, 2011
$785,000
Public Record
Feb 2, 2005
$850,000
Public Record