Northlake Fourplex in West San Jose

551 Northlake Dr, San Jose, CA 95117

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For Sale

$1,830,000

Well-maintained fourplex with strong income potential in prime location.

Type:Investment

HighLights

High annual gross income of $95,580, providing immediate cash flow.
Prime location near major tech companies (Apple, Google, Netflix, eBay) and Santana Row.
Convenient access to major commute routes (Hwy 280/880, San Tomas, Lawrence Expressway).
Recent upgrades including newer roof, front siding, water heater, and appliances (approx. 5 years).
Fully rented with majority month‑to‑month tenancies, offering flexibility.
Located in the Northlake neighborhood of West San Jose with a high bike score of 81.

We can help!

Listing Contact

Valerie Lam

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For Sale

$1,830,000

Well-maintained fourplex with strong income potential in prime location.

Type:Investment

Added:: Apr 24, 2026
Days on Market:: 51
Last Refresh:: Apr 24 at 3:58 pm

Property Features for 551 Northlake Dr

General Information

Standard status: Active
Property subtype: Investment

Building Details

Year Built: 1960

We can help!

Listing Contact

Valerie Lam

Listing agent Valerie Lam License #01510187

Listing office Intero Real Estate Services, Inc.

Listing date Apr 24, 2026

Source Elliman

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 Intero Real Estate Services, Inc.

HighLights

High annual gross income of $95,580, providing immediate cash flow.
Prime location near major tech companies (Apple, Google, Netflix, eBay) and Santana Row.
Convenient access to major commute routes (Hwy 280/880, San Tomas, Lawrence Expressway).
Recent upgrades including newer roof, front siding, water heater, and appliances (approx. 5 years).
Fully rented with majority month‑to‑month tenancies, offering flexibility.
Located in the Northlake neighborhood of West San Jose with a high bike score of 81.

Overview

This well-maintained fourplex is centrally located in the Northlake neighborhood of West San Jose. The property consists of four units, each featuring two bedrooms and one bathroom. The property generates an annual gross income of $95,580. First-floor units are equipped with double-pane windows and laminate wood flooring. Recent upgrades to the property include a newer roof, front siding, water heater, and appliances, all approximately 5 years old, as well as a freshly painted exterior. The property is fully rented, with the majority of tenancies being month-to-month, offering immediate cash flow for both owner-occupiers and investors. The location is near Apple, Google, Netflix, eBay, and Santana Row, with convenient access to major commute routes including Hwy 280/880, San Tomas, and Lawrence Expressway. The bike score is 81, indicating it is very bikeable. The walk score is 67, indicating it is somewhat walkable. The transit score is 44, indicating some transit options are available.

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Quadplexes

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Local Demand

City: San Jose
County: Santa Clara
State: California
Longitude: -121.9685666
Latitude: 37.3173319

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For sale
Quadplexes
CA
San Jose
95117
551 Northlake Dr

What type of property is this?

Quadplex - Well-maintained fourplex with strong income potential in prime location.

Where is this quadplex located?

The property is located at 551 Northlake Dr San Jose, CA.

What is the asking price?

The asking price for this property is $1,830,000.

What are key features of this property?

This property features: High annual gross income of $95,580, providing immediate cash flow.; Prime location near major tech companies (Apple, Google, Netflix, eBay) and Santana Row.; Convenient access to major commute routes (Hwy 280/880, San Tomas, Lawrence Expressway).