855 Jeanne Avenue, San Jose, California 95116, San Jose, 95116 - 0 bed, 0 bath
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San Jose, California 95116
This Quadruplex Asset presents a High-Potential Investment Opportunity with a List Price of $1,488,888—positioned well below the $1,525,677 Fair Market Value by 2%. This valuation gap offers $36,789 in Instant Equity. Comprising four uniform 2-bedroom, 1-bathroom units, the property generates stable income near Little Saigon and major commuter routes. Currently holding a Fair Condition Rating, the aging systems provide a significant Value-Add opportunity for forced appreciation through modernization. This is a prime acquisition for Buy-and-Hold Investors or Value-Add Investors.
Property is moderate renovation needed.
Built in 1959, this 4-plex is in fair condition, showing clear signs of age and outdated styling. The kitchen features older flat-panel cabinetry and basic white appliances, while the bathroom utilizes dated tiling and fixtures. While the property appears maintained and functional for rental purposes, it lacks recent renovations and requires cosmetic updates and potential system modernizations to meet current market standards.
As a true 4-plex with a uniform mix of four 2-bedroom, 1-bathroom units, this property offers a rare opportunity for stable rental income and qualifies for favorable residential financing.
The property is ideally situated near Little Saigon and Happy Hollow Park & Zoo, providing tenants with excellent access to dining, shopping, and major freeway arteries for easy commuting.
Multi-family assets in San Jose are highly sought after; this property’s configuration and location make it a versatile choice for long-term appreciation and portfolio growth.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4791, other record lot size in square feet = 5000.
Built in 1959, the property may require significant capital expenditures for modernizing major systems such as plumbing, electrical, or roofing to maintain its value.
With a lot size of only 4,791 square feet for four units, there is likely limited off-street parking and minimal outdoor common space, which may impact tenant retention.
Rare opportunity to own a true 4-plex in a highly desirable location! This property features four units, each offering 2 bedrooms and 1 bathroom, ideal for strong rental income and long-term appreciation. Conveniently located near multiple parks, vibrant Little Saigon, and Happy Hollow Park & Zoo, the property provides excellent access to dining, shopping, and entertainment, along with quick and easy freeway access for commuters. Opportunities like this don't come around often. Don't miss your chance to own a versatile, income-producing property in a sought-after area!
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 | 2,815 | 2,300 | 80% |
| Lot Size | 4,791 | 5,600 | 20% |
| Price | $1.49M | $1.40M | 60% |
| Price per sq ft | $529 | $546 | 40% |
| Built year | 1959 | 1957 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 33 | 158 | 20% |
Mar 20, 2026
$1,488,888
Initial Listing
Aug 5, 2009
$400,000
Public Record
Nov 29, 2006
$789,000
Public Record
Nov 7, 2002
$600,000
Public Record
Jan 16, 1998
$235,000
Public Record