Rose Garden Four-Unit Townhomes

931 Vermont St, San Jose, CA 95126

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For Sale

$1,850,000

Four townhome-style units in San Jose's desirable Rose Garden.

Type:Investment

Property size:

4,758 SF

Lot size:

0.12 Acres

Price / SF:

$388/SF

HighLights

Four‑unit townhome‑style complex in the highly desirable Rose Garden neighborhood of San Jose.
Strong income potential with a value‑add opportunity through renovation of remaining units.
Each unit features a functional two‑story layout with 2 bedrooms, 1 bath, eat‑in kitchen, and spacious living room.
Ideally located near San Jose International Airport, Municipal Rose Garden, PayPal Park, SAP Center, and Downtown San Jose.
Quick access to major highways, restaurants, shopping, and employment hubs.
Shared laundry area for tenant convenience.

We can help!

Listing Contact

Lex Orosco

Learn more

For Sale

$1,850,000

Four townhome-style units in San Jose's desirable Rose Garden.

Type:Investment

Property size:

4,758 SF

Lot size:

0.12 Acres

Price / SF:

$388/SF

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

Property Features for 931 Vermont St

General Information

Standard status: Active
Size: 4,758 SF
Lot size: 0.12 Acres
Property subtype: Investment

Building Details

Year Built: 1962

We can help!

Listing Contact

Lex Orosco

Listing agent Lex Orosco License #01930420

Listing office Real Broker Technologies, 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 Real Broker Technologies, Inc.

HighLights

Four‑unit townhome‑style complex in the highly desirable Rose Garden neighborhood of San Jose.
Strong income potential with a value‑add opportunity through renovation of remaining units.
Each unit features a functional two‑story layout with 2 bedrooms, 1 bath, eat‑in kitchen, and spacious living room.
Ideally located near San Jose International Airport, Municipal Rose Garden, PayPal Park, SAP Center, and Downtown San Jose.
Quick access to major highways, restaurants, shopping, and employment hubs.
Shared laundry area for tenant convenience.

Overview

Located in San Jose's Rose Garden neighborhood, this four-unit townhome-style complex presents an investment opportunity. Each of the four two-story residences includes 2 bedrooms and 1 bath, eat-in kitchens, and living rooms. The property includes a shared laundry area. One unit has been renovated, offering a value-add opportunity for the remaining residences. Situated on a 5,400 sq. ft. lot with approximately 4,758 sq. ft. of gross building area. The property is near San Jose International Airport, Municipal Rose Garden, PayPal Park, SAP Center, and Downtown San Jose, with access to major highways, restaurants, shopping, and employment hubs. The location is attractive to long-term tenants. The property has a bike score of 69, walk score of 58, and transit score of 49.

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$159.9k	$33.60
− Vacancy	−$6.8k	−$1.43
EGI	$153.0k	$32.17
− OpEx	−$45.9k	−$9.65
NOI	$107.1k	$22.52

4,758 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use

Multifamily LT 5

$1.53M

$1.34M – $1.79M (±1% cap)

NOI $107,130 @ 7.0% cap · market cap 5.79%

Second Best

Apartment 5plus

$1.41M

$1.24M – $1.65M (±1% cap)

NOI $98,966 @ 7.0% cap · market cap 5.35%

Theoretical Best

Office A

$2.87M

$2.51M – $3.35M (±1% cap)

NOI $201,145 @ 7.0% cap · market cap 10.87%

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

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Location Insight

Map
Local Demand

City: San Jose
County: Santa Clara
State: California
Longitude: -121.9229933
Latitude: 37.3445684

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For sale
Quadplexes
CA
San Jose
95126
931 Vermont St

What type of property is this?

Quadplex - Four townhome-style units in San Jose's desirable Rose Garden.

Where is this quadplex located?

The property is located at 931 Vermont St 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 townhome‑style complex in the highly desirable Rose Garden neighborhood of San Jose.; Strong income potential with a value‑add opportunity through renovation of remaining units.; Each unit features a functional two‑story layout with 2 bedrooms, 1 bath, eat‑in kitchen, and spacious living room.