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Well-Maintained Fourplex

551 Northlake DR San Jose, CA 95117

Claim this Listing
For Sale
$1,830,000

MULTI_FAMILY - SAN JOSE, CA

Property size:
2,992 SF
Lot size:
0.15 Acres
Price / SF:
$611/SF
Added:
Apr 21, 2026
Days on Market:
83
Last Refresh:
Jul 12 at 3:06 am

Property Features for 551 Northlake DR

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
8
Rooms
Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 8, Bedroom 1, Bedroom 2, Bedroom 7, Bedroom 6
Parking features
Carport
Standard status
Active
Size
2,992 SF
Lot size
0.15 Acres

Utilities

Heating system
Wall Furnace

Building Details

Year built
1960
Number of units
4
Flooring type
Laminate, Carpet
Roof type
Composition

Listing agent Valerie Lam License #01510187

Listing office Intero Real Estate Services 518 N Santa Cruz Ave, Cupertino, CA

Listing date Apr 21, 2026

MLS# ML82031091 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained fourplex features four units, each configured as 2 bedrooms and 1 bathroom. First-floor units include double-pane windows and laminate wood flooring. The property has undergone several recent upgrades, including a newer roof, front siding, water heater, and appliances, each approximately 5 years old, along with a freshly painted exterior.

Located at 551 Northlake Dr in San Jose, the building is described as centrally located in the Northlake neighborhood of West San Jose. The public remarks note proximity to major employers and retail destinations, including Apple, Google, Netflix, eBay, and Santana Row, as well as major commute routes, including Hwy 280/880, San Tomas, and Lawrence Expressway.

For tenants or owners seeking a straightforward residential income setup, the property offers all units operating under current tenancy, with the majority described as month-to-month. Reported annual gross income is $95,580, which may support owner-occupants or investors looking for a fully rented fourplex with recent capital improvements and consistent unit mix.

Key Highlights

  • Well‑maintained fourplex in Northlake, West San Jose with four 2BR/1BA units
  • Annual gross income of $95,580; all units are fully rented with majority month‑to‑month tenancies
  • Recent upgrades include newer roof, front siding, water heater, and appliances (approx. 5 years)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Building Supply Pharmacy Barber Shop Kitchen & Bath Showroom Plumbing Service HVAC Service Furniture & Home Goods Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four fully rented 2BR/1BA units with recent exterior and system upgrades in Northlake West San Jose.
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: Well‑maintained fourplex in Northlake, West San Jose with four 2BR/1BA units; Annual gross income of $95,580; all units are fully rented with majority month‑to‑month tenancies; Recent upgrades include newer roof, front siding, water heater, and appliances (approx. 5 years)
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