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.
Sold for $1,550,000
$1,550,000
804 Farm Dr, San Jose, CA 95136
8beds
5baths
3,544sqft
Quadruplex, Residential Income
Built in 1963
-- sqft lot
$1,507,800 Zestimate®
$437/sqft
$2,899 Estimated rent
Home value
$1,507,800
$1.37M - $1.64M
$2,899/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Larry Giang 01488340 408-421-3343,
KW Silicon City 408-755-5972
Bought with:
Chau Nguyen, 01970399
Alliance Bay Realty
Source: MLSListings Inc,MLS#: ML82007376
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
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
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, Residential Income
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: $437/sqft
- Tax assessed value: $1,153,765
- Annual tax amount: $40,000
- Date on market: 5/16/2025
- Listing agreement: ExclusiveAgency
- Inclusions: Other
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 6/30/2025 | Sold | $1,550,000-5.5%$437/sqft |
Source:  MLSListings Inc #ML82007376 Report a problem | ||
| 6/27/2025 | Pending sale | $1,640,000$463/sqft |
Source: MLSListings Inc #ML82007376 Report a problem | ||
| 5/30/2025 | Contingent | $1,640,000$463/sqft |
Source: MLSListings Inc #ML82007376 Report a problem | ||
| 5/17/2025 | Listed for sale | $1,640,000+198.2%$463/sqft |
Source: MLSListings Inc #ML82007376 Report a problem | ||
| 12/12/2014 | Sold | $550,000+37.5%$155/sqft |
Source: Public Record Report a problem | ||
| 5/20/1999 | Sold | $400,000$113/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,999 +6.1% | $1,153,765 +2% |
| 2024 | $15,083 +2.2% | $1,131,143 +2% |
| 2023 | $14,756 +0.7% | $1,108,965 +2% |
| 2022 | $14,656 +2.2% | $1,087,222 +2% |
| 2021 | $14,343 +1.6% | $1,065,905 +1% |
| 2020 | $14,119 | $1,054,977 +2% |
| 2019 | $14,119 -44.1% | $1,034,292 +2% |
| 2018 | $25,256 | $1,014,013 +2% |
| 2017 | $25,256 +85.7% | $994,131 +2% |
| 2016 | $13,601 -0.2% | $974,639 +1.5% |
| 2015 | $13,627 +45.7% | $960,000 +48.3% |
| 2014 | $9,353 | $647,420 +0.5% |
| 2013 | -- | $644,495 +7.1% |
| 2012 | -- | $601,800 -2.9% |
| 2011 | -- | $619,477 +0.8% |
| 2010 | -- | $614,848 -0.2% |
| 2009 | -- | $616,309 +2% |
| 2008 | -- | $604,225 +2% |
| 2007 | -- | $592,378 +2% |
| 2006 | -- | $580,764 +2% |
| 2005 | -- | $569,378 +2% |
| 2004 | -- | $558,215 +1.9% |
| 2003 | -- | $547,985 +2% |
| 2002 | -- | $537,241 +29.1% |
| 2001 | -- | $416,160 |
Find assessor info on the county website
Neighborhood: Willow Glen
Nearby homes
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Nearby schools
GreatSchools rating
- 5/10Canoas Elementary SchoolGrades: K-5Distance: 0.5 mi
- 6/10John Muir Middle SchoolGrades: 6-8Distance: 1.5 mi
- 6/10Gunderson High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: CanoasElementary
- Middle: JohnMuirMiddle_1
- 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.
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Estimated market value
$1,507,800
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Estimated market value
$1,507,800
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