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Pending
  • $1,640,000

    804 Farm Dr, San Jose, CA 95136

    --beds
    --baths
    3,544sqft
    : 
    Quadruplex,
    Built in 1963
    -- sqft lot
    $1,638,500 Zestimate®
    $463/sqft
    $-- HOA

    What's special

    STRONG STABLE INCOME STREAM FOURPLEX, Highly desirable low vacancy rental area on Capitol Expressway and Pearl behind the Toyota Dealership. All current tenants are family-oriented and have been here 2-16 years. This is a larger than average 4plex and has a great unit mix which consists of (1) 3Br/2ba (1) 1Br/1Ba and (2) 2br/1Ba receiving about $9300/month (+/-$111,600yr) The property maintains a low vacancy rate with reliable long-term tenants who pay on time, covering their own electricity costs. Monthly rents range from $1,800 to $3,150 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. Most tenants are on month-to-month leases, and all like to stay for the long term. Two out of Four units been updated and remodeled. Overall this is a great property that generates a higher income than most. This location is only minutes away from the 85/87 highway and 280 fwy. There are lots of nearby day-to-day conveniences such as supermarkets, fast food, fuel, big box chain stores,etc. This is a rare opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.
    42 days
    on Zillow
    |
    33
    |
    0
    |

    Zillow last checked: 7 hours ago

    Listing updated: 23 hours ago

    Listed by:

    Larry Giang 01488340 408-421-3343,

    KW Silicon City

    Source: MLSListings Inc,MLS#: ML82007376MLS Logo
    Travel times

    Facts & features

    Interior

    Kitchen
    • Features: Countertop_Ceramic, Countertop_Formica, Countertop_Other, Countertop_Tile
    Heating
    • Central Forced Air
    Cooling
    • Gas, Other
    Appliances
    • Included: Electric Cooktop, Disposal, Range Hood, Electric Oven, Refrigerator
    • Laundry: None
    Features
    • Flooring: Laminate, Tile
    • Doors: Other
    • Windows: Other
    Interior area
    • Total structure area: 3,544
    • Total interior livable area: 3,544 sqft
    Video & virtual tour

    Property

    Parking
    • Total spaces: 4
    • Parking features: Common, Lighted, On Street
    • Carport spaces: 4
    Accessibility
    • Accessibility features: Grip-Accessible Features, Other, Parking
    Features
    • Stories: 2
    Lot
    • Size: 7,150 Square Feet
    Details
    • Parcel number: 45526032
    • Zoning: RM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex,
    Materials
    • Foundation: Concrete Perimeter, Other, Wood Frame
    • Roof: Shingle
    Condition
    • Year built: 1963

    Utilities & green energy

    • Gas: PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public, Individual Electric Meters

    Community & HOA

    Location
    • Region: San Jose

    Financial & listing details

    • Price per square foot: $463/sqft
    • Tax assessed value: $1,131,143
    • Annual tax amount: $40,000
    • Date on market: 5/16/2025
    • Listing agreement: ExclusiveAgency
    • Inclusions: Other
    • Lease term: Month To Month
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