For sale

Price cut: $55K (6/1)

$1,595,000

1081 Newhall St, San Jose, CA 95126

4beds

4baths

2,400sqft

$10,862/mo

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Quadruplex, Residential Income

Built in 1952

-- sqft lot

$1,539,500 Zestimate^®

$665/sqft

$-- HOA

What's special

Additional street parking

Nestled in a quiet, tree-lined Santa Clara neighborhood just steps from the highly desirable Rose Garden area, this charming fourplex presents an exceptional investment opportunity in one of San Jose's most centrally located and sought-after communities. The property features four spacious 1-bedroom, 1-bathroom units, along with four covered carport parking spaces and additional street parking. All units are tenant-occupied with a strong rental history, offering immediate and reliable cash flow. All units on month to month lease. This property is well-suited for both investors seeking stable income and those looking for future value-add potential. Conveniently located with easy access to Highways 880, downtown San Jose, shopping, dining, and the upcoming Google campus developments, this turnkey investment combines prime location with consistent returns.

105 days

353

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Wall Furnace

Cooling

None

Appliances

Included: Oven/Range, Refrigerator
Laundry: Coin Operated

Features

Doors: None

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Total spaces: 4
Parking features: Carport, Off Street
Carport spaces: 4

Accessibility

Accessibility features: None

Lot

Size: 6,900 Square Feet

Details

Parcel number: 23016097
Zoning: RM
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Residential Income

Materials

Foundation: Crawl Space
Roof: Composition

Condition

Year built: 1952

Utilities & green energy

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

Community & HOA

Location

Region: San Jose

Financial & listing details

Price per square foot: $665/sqft
Tax assessed value: $1,482,570
Annual tax amount: $19,899
Date on market: 4/9/2026
Listing agreement: ExclusiveRightToSell
Inclusions: MajorTenants, OvenRangeAllUnits
Lease term: Month To Month

Estimated market value

$1,539,500

$1.46M - $1.62M

$3,743/mo

Price history

Date	Event	Price
6/1/2026	Price change	$1,595,000-3.3%$665/sqft
Source: MLSListings Inc #ML82042359 Report a problem
4/10/2026	Listed for sale	$1,650,000+13.8%$688/sqft
Source: MLSListings Inc #ML82042359 Report a problem
4/24/2023	Sold	$1,450,000$604/sqft
Source: Public Record Report a problem
3/24/2023	Contingent	$1,450,000$604/sqft
Source: MLSListings Inc #ML81921670 Report a problem
3/16/2023	Listed for sale	$1,450,000+38.1%$604/sqft
Source: MLSListings Inc #ML81921670 Report a problem
4/9/2019	Sold	$1,050,000-8.7%$438/sqft
Source: MLSListings Inc #ML81739060 Report a problem
3/23/2019	Pending sale	$1,150,000$479/sqft
Source: Coldwell Banker Residential Brokerage - Los Altos #81739060 Report a problem
3/15/2019	Price change	$1,150,000-7.9%$479/sqft
Source: Coldwell Banker Residential Brokerage - Los Altos #81739060 Report a problem
3/8/2019	Price change	$1,249,000-2.4%$520/sqft
Source: Coldwell Banker Residential Brokerage - Los Altos #81739060 Report a problem
2/15/2019	Listed for sale	$1,280,000$533/sqft
Source: Coldwell Banker Residential Brokerage #ML81739060 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$19,971 +6.4%	$1,482,570 +2%
2024	$18,771 +25.6%	$1,453,500 +29.1%
2023	$14,939 +0.7%	$1,125,810 +2%
2022	$14,838 +2.2%	$1,103,736 +2%
2021	$14,523 +1.6%	$1,082,095 +1%
2020	$14,295	$1,071,000 +993.9%
2019	$14,295 +397.4%	$97,909 +2%
2018	$2,874	$95,990 +2%
2017	$2,874 +1.6%	$94,109 +2%
2016	$2,829 +9.1%	$92,264 +1.5%
2015	$2,592 +7.8%	$90,879 +2%
2014	$2,405	$89,100 +0.5%
2013	--	$88,698 +2%
2012	--	$86,960 +2%
2011	--	$85,256 +0.8%
2010	--	$84,620 -0.2%
2009	--	$84,822 +2%
2008	--	$83,160 +2%
2007	--	$81,530 +2%
2006	--	$79,933 +2%
2005	--	$78,367 +2%
2004	--	$76,832 +1.9%
2003	--	$75,425 +2%
2002	--	$73,947 +2%
2001	--	$72,498

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: North San Jose

Getting around

61 / 100

Somewhat Walkable

48 / 100

Some Transit

75 / 100

Very Bikeable

Nearby schools

GreatSchools rating

5/10
Merritt Trace Elementary School
Grades: K-5Distance: 1 mi
4/10
Herbert Hoover Middle School
Grades: 6-8Distance: 0.9 mi
7/10
Abraham Lincoln High School
Grades: 9-12Distance: 1.2 mi

Schools provided by the listing agent

District: SanJoseUnified

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