For sale

Price cut: $250K (7/26)

$1,250,000

San Jose, CA 95116

7beds

6baths

3,420sqft

$8,579/mo

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Triplex, Residential Income

Built in 1965

-- sqft lot

$-- Zestimate^®

$365/sqft

$-- HOA

What's special

This is part of the two 3-unit (Units D,E,F), two-parcel multifamily investment located in an Opportunity Zone and positioned near San Jose's future 28th Street/Little Portugal BART Station and Five Wounds Urban Village growth corridor. Two parcels can be sold together or separately - APN : 472-04-095 (has units A, B, C - right-side building) / 472-04-096 (has units D, E, F - left-side building). The listed price of $1.5M is for each triplex. There are 6 units total: Two 3-Br, 1.5-ba units, Four 2-Br / 1.5Ba units 3,420 Sq.Ft. Each building / Wood Frame / 1965 Built / Spanish 8,381 Total Lot Size / R3 Zoning Located in a Designated Opportunity Zone. Potential tax incentives for qualified investors. Under market rents, strong value-add potential. Needs Some TLC. Great candidate for renovation and repositioning. Ample Parking Has generous lot size!

99 days

64

5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 6

Heating

Wall Furnace

Cooling

None

Features

Doors: None

Interior area

Total structure area: 3,420
Total interior livable area: 3,420 sqft

Property

Parking

Total spaces: 4
Parking features: Carport
Carport spaces: 4

Accessibility

Accessibility features: None

Features

Stories: 2

Lot

Size: 8,400 Square Feet

Details

Parcel number: 47204096
Zoning: R3
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex, Residential Income

Materials

Foundation: Concrete Perimeter and Slab
Roof: Shingle

Condition

Year built: 1965

Utilities & green energy

Gas: PublicUtilities
Sewer: Public Sewer
Water: Public
Utilities for property: Public Utilities, Water Public

Community & HOA

Location

Region: San Jose

Financial & listing details

Price per square foot: $365/sqft
Annual tax amount: $11,935
Date on market: 4/25/2026
Listing agreement: ExclusiveRightToSell
Inclusions: Building, Land, OvenRangeAllUnits
Lease term: Month To Month

Estimated market value

Not available

Estimated sales range

Not available

$2,830/mo

Price history

Date	Event	Price
7/26/2026	Price change	$1,250,000-16.7%$365/sqft
Source: MLSListings Inc #ML82044629 Report a problem
4/25/2026	Listed for sale	$1,500,000+88.7%$439/sqft
Source: MLSListings Inc #ML82044629 Report a problem
9/1/2020	Sold	$795,000+824.4%$232/sqft
Source: Public Record Report a problem
8/19/2015	Sold	$86,000$25/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,935 +3.5%	$786,025 +2%
2024	$11,526 +1.4%	$770,613 +2%
2023	$11,370 +2%	$755,504 +2%
2022	$11,142 +0.3%	$740,691 +2%
2021	$11,114 +14.3%	$726,168 +15%
2020	$9,722	$631,466 +2%
2019	$9,722 +3.9%	$619,086 +2%
2018	$9,358	$606,948 +2%
2017	$9,358 +1.3%	$595,048 +2%
2016	$9,240 +68.4%	$583,381 +75.9%
2015	$5,489 +3.6%	$331,729 +2%
2014	$5,296	$325,232 +0.5%
2013	--	$323,763 +2%
2012	--	$317,415 +2%
2011	--	$311,192 +0.8%
2010	--	$308,867 -0.2%
2009	--	$309,602 +2%
2008	--	$303,532 +2%
2007	--	$297,582 +2%
2006	--	$291,748 +2%
2005	--	$286,028 +2%
2004	--	$280,421 +1.9%
2003	--	$275,282 +2%
2002	--	$269,885 +2%
2001	--	$264,595

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: Downtown

Getting around

81 / 100

Very Walkable

51 / 100

Good Transit

74 / 100

Very Bikeable

Nearby schools

GreatSchools rating

4/10
McKinley Elementary School
Grades: K-6Distance: 0.3 mi
2/10
Bridges Academy
Grades: 7-8Distance: 1.3 mi
7/10
Yerba Buena High School
Grades: 9-12Distance: 1.5 mi

Schools provided by the listing agent

District: FranklinMcKinleyElementary

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