931 Vermont Street, San Jose, California 95126, San Jose, 95126 - 0 bed, 0 bath
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San Jose, California 95126
This Rose Garden Quadruplex Asset presents a Prime Investment Opportunity with a List Price of $1,850,000—positioned well below the $1,900,000 Fair Market Value by 2%. This valuation gap offers $50,000 in Instant Equity. Currently holding a Condition Rating of 4, the property features desirable two-story townhome layouts and a shared patio. Located within the San Jose Unified district, the asset provides significant upside through the renovation of three dated units to maximize rental yields. This is a strategic 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 |
|---|---|---|---|---|---|---|
★ 931 Vermont Street Subject | $1,850,000* List Price | 0 | 0 | 4,578 | $415 | - |
A 955 Vermont Street Pending | $1,880,000 List Price | 0 | 0 | 3,672 | $512 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, this quadruplex presents a split condition. While one unit has been fully renovated within the last 5 years with modern shaker cabinets and stainless appliances (Excellent), the remaining three units are dated with original 1960s wood cabinetry and tile counters. The presence of window AC units suggests older mechanical systems, and the majority of the complex requires updates to meet modern standards.
Situated in one of San Jose's most prestigious neighborhoods, the property offers exceptional proximity to major employment hubs, San Jose International Airport, and downtown amenities, ensuring consistently high tenant demand.
With only one unit currently renovated, the property provides a clear path for investors to force appreciation and increase rental yields by modernizing the remaining three units.
The four 2-bedroom, 1-bath units feature a two-story townhome configuration, which is highly sought after by tenants for its functional living space and enhanced privacy compared to traditional single-level apartments.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1, other record lot size in square feet = 5400. Living area discrepancy between mls listing and other public or private record. mls listing living area = 4578, other record living area = 4758.
The majority of the units require renovation to reach their full market potential, necessitating upfront capital investment beyond the purchase price for upgrades and repairs.
Built in 1962, the property may face higher long-term maintenance costs or require system upgrades common to buildings of this vintage, such as plumbing or electrical improvements.
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.
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 | 4,578 | 4,339 | 67% |
| Lot Size | 1 | 10,000 | 33% |
| Price | $1.85M | $1.85M | 50% |
| Price per sq ft | $404 | $452 | 33% |
| Built year | 1962 | 1973 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 91 | 33% |
Apr 14, 2026
$1,850,000
Initial Listing
Apr 13, 2026
$1,900,000
Initial Listing
Aug 10, 2023
$1,700,000
Public Record
Jul 28, 2020
$1,500,000
Public Record
Oct 12, 2012
$838,000
Public Record
Jun 12, 2006
$860,000
Public Record
Feb 3, 2003
$690,000
Public Record