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Well-Maintained 4-Plex Opportunity
For Sale
Contact for pricing
Pending

5061 Lapa Dr, San Jose, CA 95129

Four-unit property with new copper plumbing, new sewer lines, and three currently vacant units for interior renovation.

Property SizeContact for details
Days on Market142

Property Features for 5061 Lapa Dr

General Information

Standard status Pending
Property subtype Multifamily
Occupancy 25%

Additional Details

Highway Access Yes
Multifamily Units 4

Building Details

Tenancy Multi
Listing Agency: Newmark Real Estate
Listed By: Justin Bautista · License #CA 01268331
Source: Crexi
Added: Apr 11 Changed: Aug 28 Last Checked: Aug 29 at 12:06AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark Real Estate

Investment Insights

Based on property information with market context.

5061 Lapa Dr is a well-maintained 4-plex containing four residential units. Three of the four units are currently vacant, providing a straightforward opportunity to renovate the interiors. The property also benefits from new copper plumbing and new sewer lines.

The home is described as being in a highly desirable rental location, with Cupertino schools and within walking distance to schools and parks. Access is noted as convenient to Highway 280 and Lawrence Expressway.

For investors or owner-occupants, the current vacancy configuration combined with recent plumbing and sewer improvements supports a manageable interior renovation plan across multiple units.

Key Highlights

  • Well‑maintained 4‑plex at 5061 Lapa
  • New copper plumbing and new sewer lines
  • 3 of the 4 units are currently vacant, offering interior renovation flexibility

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Big Box & Wholesale Store Real Estate Agency Law Firm Hair Salon Barber Shop Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
25%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

633
Businesses Nearby

Demographics for 95129, CA

41,819
Population
15,091
Households
2.8
Avg Household Size
40
Median Age
71%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
9,091
Density / Sq Mi
$182,662
Median Household Income
$106,066
Median Earnings
$2,746
Median Rent
$2,000,001
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with new copper plumbing, new sewer lines, and three currently vacant units for interior renovation.
Where is this quadplex located?
The property is located at 5061 Lapa Dr San Jose, CA.
What are key features of this property?
This property features: Well‑maintained 4‑plex at 5061 Lapa; New copper plumbing and new sewer lines; 3 of the 4 units are currently vacant, offering interior renovation flexibility
More about this property
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