Northlake Fourplex in West San
551 Northlake Dr San Jose, CA 95117
For Sale
$1,830,000
Well-maintained fourplex with strong income potential in prime location.
Days on Market96
Property Features for 551 Northlake Dr
General Information
Standard status
Active
Property subtype
Investment
Building Details
Year Built
1960
Listing Agency:
Intero Real Estate Services, Inc.
(408) 694-7542
Listed By:
Valerie Lam · License #01510187
(408) 694-7542
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 9:19AM
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.
Investment Insights
Based on property information with market context.
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.
Key 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).
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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).
