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Under contract
  • Price cut: $150K (10/9)
    $2,050,000

    1990 Southwest Expy, San Jose, CA 95126

    --beds
    --baths
    4,339sqft
    : 
    Quadruplex, Residential Income
    Built in 1973
    -- sqft lot
    $1,924,500 Zestimate®
    $472/sqft
    $-- HOA

    What's special

    Exceptional unit mixOverly large floor plans
    *** 14,683 SF Lot - Immediate ADU Potential *** Units 1 & 2 Will Be Delivered Vacant*** Situated between the vibrant and sought out after neighborhoods of Willow Glen and Campbell, this four-unit multifamily asset located at 1990 Southwest Expressway offers a rare opportunity to own in one of San Jose's most strategic and sought-after corridors. The property sits on a massive 14,683 sq. ft. lot and boasts 4,339 sq. ft. of rentable building area, providing excellent potential for both income generation and long-term development. An investor should be ready to take command of an exceptional unit mix of (1) three-bed, two-bath, (2) two-bed, two-bath and (1) two-bed, one-bath, all of which offer overly large floor plans. The expansive lot also offers immediate ADU development potential and possibilities for future redevelopment or expansion. The RM (residential multiple) zoning designation allows investors and developers to unlock significant additional living space on the property, whether by adding detached ADUs, converting existing structures and ultimately increasing income streams, providing substantial upside beyond the current four-unit configuration.
    98 days
    |
    477
    |
    19
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    Zillow last checked: 8 hours ago

    Listing updated: December 11, 2025 at 05:33am

    Listed by:

    Fred Rubio 01984041 408-314-3009,

    Marcus & Millichap 650-391-1700

    Source: MLSListings Inc,MLS#: ML82020465MLS Logo

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Oven/Range
    • Laundry: Hookups Only
    Features
    • Flooring: Carpet, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 4,339
    • Total interior livable area: 4,339 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached
    • Garage spaces: 4
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Stories: 2
    Lot
    • Size: 0.34 Acres
    Details
    • Parcel number: 28425024
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Residential Income
    Materials
    • Other
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Year built: 1973

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Water: Water On Site
    • Utilities for property: Individual Electric Meters, Individual Gas Meters

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $472/sqft
    • Tax assessed value: $1,637,539
    • Annual tax amount: $24,469
    • Date on market: 9/5/2025
    • Listing agreement: ExclusiveRightToSell
    • Inclusions: Building, DishwasherAllUnits, Land, OvenRangeAllUnits
    • Lease term: Month To Month
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    Estimated market value

    $1,924,500

    $1.83M - $2.02M

    $2,990/mo

    Price history

    Price history
    DateEventPrice
    12/11/2025Contingent$2,050,000$472/sqft
    Source: MLSListings Inc #ML82020465 Report a problem
    10/9/2025Price change$2,050,000-6.8%$472/sqft
    Source: MLSListings Inc #ML82020465 Report a problem
    9/5/2025Listed for sale$2,200,000+485.1%$507/sqft
    Source: MLSListings Inc #ML82020465 Report a problem
    1/25/2023Sold$376,000-82.9%$87/sqft
    Source: Public Record Report a problem
    2/22/2021Listed for sale$2,200,000+109.3%$507/sqft
    Source: eXp Realty of California Inc. #ML81830791 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$25,160 +32.9%$1,637,539 +16.3%
    2023$18,938 +0.7%$1,408,104 +2%
    2022$18,813 +1.9%$1,380,495 +2%

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $12,938/mo
    Principal & interest
    $10153
    Property taxes
    $2067
    Home insurance
    $718

      Climate risks

      Neighborhood: Willow Glen

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • District: CampbellUnionElementary

      Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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