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4-Unit Apartment Building

4335 Blackford AVE, San Jose, CA 95129

For Sale
$1,850,000

The unit mix pairs one three-bedroom residence with three two-bedroom apartments.

Property Size3,813 SF
Days on Market52

Property Features for 4335 Blackford AVE

General Information

Standard status Active
Size 3,813 SF
Property subtype Fourplex

Units

Unit Mix 1 x 3BR/2BA, 3 x 2BR/1BA
Multifamily Units 4

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $25,261

Building Details

Building Size 3,813 SF
Year Built 1968
Listing Agency: Magnify Real Estate
Listed By: David Katz · License CA #01971921
Source: Lynnnorth
Added: Sep 23 Changed: Nov 13 Last Checked: Nov 12 at 6:11PM

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 Magnify Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 1968 apartment property in San Jose contains four residences: one with three bedrooms and two bathrooms, plus three with two bedrooms and one bathroom each. The mix offers a larger layout alongside three smaller units.

The property is near Apple Park, NVIDIA, Santana Row, Valley Fair, and Westgate Center. Interstate 280, Lawrence Expressway, and Stevens Creek Boulevard provide access to regional routes and destinations.

Key Highlights

  • Four‑unit property with one 3‑bedroom/2‑bathroom residence and three 2‑bedroom/1‑bathroom residences
  • Built in 1968
  • Near Apple Park and NVIDIA

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$85,852
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,717,040 $1.7M
Cap Rate 7%
$1,226,457 $1.2M
Cap Rate 9%
$953,911 $953.9K
Market Conditions
NOI Build-Up for 3,813 SF
Gross rent
$128.1K $33.60/SF
− Vacancy
−$5.5K −$1.43/SF
EGI
$122.6K $32.17/SF
− OpEx
−$36.8K −$9.65/SF
NOI
$85.9K $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%
$1,717,040
Cap Rate 7%
$1,226,457
Cap Rate 9%
$953,911

Alternative Uses

Best Use
Multifamily LT 5
$1.23M
$1.07M – $1.43M (±1% cap)
NOI $85,852 @ 7.0% cap · market cap 4.64%
Second Best
Apartment 5plus
$1.13M
$991.4K – $1.32M (±1% cap)
NOI $79,310 @ 7.0% cap · market cap 4.29%
Theoretical Best
Office A
$2.30M
$2.01M – $2.69M (±1% cap)
NOI $161,195 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,469
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Quadplexes in San Jose, CA

$547 Jul
$515 Aug
$489 Sep
$507 Oct

Properties on Market for Quadplexes in San Jose

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - The unit mix pairs one three-bedroom residence with three two-bedroom apartments.
Where is this quadplex located?
The property is located at 4335 Blackford AVE San Jose, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Four‑unit property with one 3‑bedroom/2‑bathroom residence and three 2‑bedroom/1‑bathroom residences; Built in 1968; Near Apple Park and NVIDIA
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