Four-Unit Apartment
New
For Sale
$1,750,000
1590 De Rose WAY, San Jose, CA 95126
Four residences offer a mix of one-, two-, and three-bedroom layouts.
Property Size4,063 SF
Lot Size0.19 Acres
Price / SF$430.72
Days on Market4
Property Features for 1590 De Rose WAY
General Information
Standard status
Active
Size
4,063 SF
Lot size
0.19 Acres
Property subtype
Fourplex
Site & Location
Neighborhood
Barbera
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA, 2 x 2BR/1BA, 1 x 1BR/1BA
Multifamily Units
4
Individually Metered Utilities
gas, electric
Taxes and HOA fees
Annual Taxes
$21,266
Amenities
in-unit washer and dryer
private patio
central forced air heating
fenced common area
on-site coin operated laundry room
tuck-under parking
Building Details
Building Size
4,063 SF
Year Built
1963
Buildings
1
Listing Agency:
Compass
Listed By:
Tony Zizzo · License #01962093
(650) 770-8356
Source:
Lynnnorth
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:43PM
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 Compass
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Investment Insights
Based on property information with market context.
Built in 1963, this four-unit apartment property contains 4,063 square feet on a 0.19-acre lot. Its unit mix comprises one 3-bedroom, 2-bath residence, two 2-bedroom, 1-bath residences, and one 1-bedroom, 1-bath residence. One updated 2-bedroom, 1-bath unit is vacant. Unit 1 includes in-unit laundry, a private patio, central forced-air heat, and a kitchen separated from the dining area.
Shared amenities include a fenced common area, coin-operated laundry room, and tuck-under parking. Gas and electricity are separately metered to tenants; the owner covers water, trash, and sewer. The property is minutes from Interstate 280 and Highways 87 and 17, with access to Downtown Willow Glen, Westfield Valley Fair, Downtown San Jose, and San Jose City College.
Shared amenities include a fenced common area, coin-operated laundry room, and tuck-under parking. Gas and electricity are separately metered to tenants; the owner covers water, trash, and sewer. The property is minutes from Interstate 280 and Highways 87 and 17, with access to Downtown Willow Glen, Westfield Valley Fair, Downtown San Jose, and San Jose City College.
Key Highlights
- Four‑unit apartment property with 4,063 square feet on a 0.19‑acre lot
- Unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and one 1‑bedroom/1‑bath
- One updated 2‑bedroom, 1‑bath residence is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$91,481
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,829,620
$1.8M
Cap Rate 7%
$1,306,871
$1.3M
Cap Rate 9%
$1,016,456
$1.0M
Market Conditions
NOI Build-Up for 4,063 SF
Gross rent
$136.5K $33.60/SF
− Vacancy
−$5.8K −$1.43/SF
EGI
$130.7K $32.17/SF
− OpEx
−$39.2K −$9.65/SF
NOI
$91.5K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,829,620
Cap Rate 7%
$1,306,871
Cap Rate 9%
$1,016,456
Alternative Uses
Best Use
Multifamily LT 5
$1.31M
$1.14M – $1.52M
NOI $91,481 @ 7.0% cap · market cap 5.23%
Second Best
Apartment 5plus
$1.21M
$1.06M – $1.41M
NOI $84,510 @ 7.0% cap · market cap 4.83%
Theoretical Best
Office A
$2.45M
$2.15M – $2.86M
NOI $171,764 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,613
Businesses Nearby
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Business Placement
Demographics for 95126, CA
37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four residences offer a mix of one-, two-, and three-bedroom layouts.
Where is this quadplex located?
The property is located at 1590 De Rose WAY San Jose, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Four‑unit apartment property with 4,063 square feet on a 0.19‑acre lot; Unit mix: one 3‑bedroom/2‑bath, two 2‑bedroom/1‑bath, and one 1‑bedroom/1‑bath; One updated 2‑bedroom, 1‑bath residence is vacant
