San Jose Four-Unit
SAN JOSE, San Jose 95126
- Added:
- Apr 29, 2026
- Days on Market:
- 23
- Last Refresh:
- May 21 at 6:06 pm
Property Features for SAN JOSE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 8
- Rooms
- Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 1, Bedroom 8
- Parking features
- Carport
- Standard status
- Active Under Contract
- Size
- 4,578 SF
- Lot size
- 0.12 Acres
Utilities
- Heating system
- Wall Furnace
- Water source
- Public
Building Details
- Year built
- 1962
- Number of units
- 4
- Roof type
- Composition
Listing agent Lex Orosco License #01930420 (408) 921-5788
Listing office Real Brokerage Technologies 1420 Kettner BLVD #100, San Diego, CA (619) 663-8680
Listing date Apr 29, 2026
MLS# ML82042812
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.
HighLights
- Prime Rose Garden neighborhood location in San Jose, offering strong tenant demand and future appreciation potential.
- Four townhome‑style units, each with 2 bedrooms and 1 bath, designed for tenant appeal.
- Strong income potential with a value‑add opportunity through renovation of remaining units.
- Convenient location 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.
- Functional two‑story layout with eat‑in kitchens and spacious living rooms.
Overview
This four-unit townhome-style complex presents an investment opportunity in San Jose's Rose Garden neighborhood. Each of the four two-story residences includes 2 bedrooms and 1 bath. The units are designed with eat-in kitchens and spacious living rooms, featuring a functional two-level layout. Unit 4 is currently owner occupied. A shared laundry area is available for all units. One unit has been renovated, offering immediate upside and a value-add opportunity for the remaining residences. The property is situated on a 5,400 sq. ft. lot with approximately 4,758 sq. ft. of gross building area. The location provides convenient access to San Jose International Airport, Municipal Rose Garden, PayPal Park, SAP Center, and Downtown San Jose. Major highways, restaurants, shopping, and employment hubs are also nearby. The property is zoned R3.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$1.15M
NOI $103,077 @ 9.00% cap · cautious / downside scenario
Moderate
$1.47M
NOI $103,077 @ 7.00% cap · market / base-case scenario
Aggressive
$2.06M
NOI $103,077 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $153.8k | $33.60 |
| − Vacancy | −$6.6k | −$1.43 |
| EGI | $147.3k | $32.17 |
| − OpEx | −$44.2k | −$9.65 |
| NOI | $103.1k | $22.52 |
4,578 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$1.47M
$1.29M – $1.72M
NOI $103,077 @ 7.0% cap · market cap 5.57%
Second Best
Apartment 5plus
$1.36M
$1.19M – $1.59M
NOI $95,222 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$2.76M
$2.42M – $3.23M
NOI $193,536 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- San Jose
- County
- Santa Clara
- State
- Longitude
- -121.923039
- Latitude
- 37.344595
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Charming four-unit complex in the desirable Rose Garden neighborhood.
Where is this quadplex located?
The property is located at SAN JOSE San Jose.
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: Prime Rose Garden neighborhood location in San Jose, offering strong tenant demand and future appreciation potential.; Four townhome‑style units, each with 2 bedrooms and 1 bath, designed for tenant appeal.; Strong income potential with a value‑add opportunity through renovation of remaining units.
