931 Vermont Street, San Jose, California 95126, San Jose, 95126 - bed, bath
931 Vermont Street
San Jose, California 95126
Property Price
SUMMARY
Analysis of 931 Vermont Street, San Jose, California 95126 is currently available with a list price of $1,850,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1962, this quadruplex is a mix of conditions. While one unit has been recently renovated with modern shaker cabinets, stone countertops, and stainless steel appliances, the listing and images indicate that the remaining three units require significant updates and address deferred maintenance. The overall property shows signs of age typical for a 60-year-old building that has not undergone a comprehensive, site-wide renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Rose Garden Location
Situated in one of San Jose's most prestigious neighborhoods, the property offers exceptional proximity to major employment hubs, downtown, and transit, ensuring consistently high tenant demand and long-term appreciation.
- Desirable Townhome-Style Layouts
The four units feature a two-story configuration that provides a more residential feel than traditional apartments, typically commanding higher rental premiums and attracting stable, long-term tenants.
- Proven Value-Add Potential
With one unit already renovated, there is a clear and proven path to increase the property's capitalization rate and overall value by modernizing the remaining three units to market standards.
CONSRISKS & DEFICIENCIES
- Significant Capital Expenditure Required
Three of the four units remain in a non-renovated state, requiring immediate or near-term investment to address deferred maintenance and achieve the property's full income potential.
- High Lot Density
The building occupies a large portion of the 5,400 sq. ft. lot, which limits private outdoor space for tenants and may present challenges regarding on-site parking or future site expansion.
About 931 Vermont Street
An exceptional investment opportunity in the heart of San Joses highly desirable Rose Garden neighborhood, this charming four-unit townhome-style complex blends timeless appeal with strong income potential. The property features four two-story residences, each offering 2 bedrooms and 1 bath, thoughtfully designed with eat-in kitchens, spacious living rooms, and a functional two-level layout that tenants love. Unit 4 is currently owner occupied. A shared laundry area adds convenience, while one renovated unit provides immediate upside and a clear value-add path for the remaining residences. Situated on a 5,400 sq. ft. lot with approximately 4,758 sq. ft. of gross building area, the property is ideally located near San Jose International Airport, Municipal Rose Garden, PayPal Park, SAP Center, and Downtown San Jose. With quick access to major highways, restaurants, shopping, and employment hubs, this location consistently attracts long-term tenants seeking convenience and lifestyle. Whether you are an investor looking for stable cash flow, future appreciation, or a value-add opportunity in a prime Silicon Valley submarket, this Rose Garden multi-unit property checks all the boxes.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1962
- Lot Size
- 5,400 Sq. Ft.
Interior
- Total Bedrooms
- -
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 4,758 | 4,339 | 67% |
| Lot Size | 5,400 | 6,534 | 33% |
| Price | $1.85M | $1.85M | 50% |
| Price per sq ft | $389 | $425 | 33% |
| Built year | 1962 | 1963 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 10 | 183 | 33% |
Pricing History
Listed for Sale
Feb 26, 2026
$1,850,000
Initial Listing
Price Change
Feb 25, 2026
$1,900,000
Initial Listing
Sold
Aug 10, 2023
$1,700,000
Public Record
Sold
Jul 28, 2020
$1,500,000
Public Record
Sold
Oct 12, 2012
$838,000
Public Record
Sold
Jun 12, 2006
$860,000
Public Record
Sold
Feb 3, 2003
$690,000
Public Record