Rare Investment Opportunity (Two Duplexes on Same Parcel)
The property consists of two spacious duplexes featuring four (2-bed, 1-bath units), each with a private garage with laundry hookups. Each unit is separately metered for water, gas, and electricity plus each unit has its own individual water heater. Newer roofs on both buildings. Large backyards in the rear units. Subject to AB1482 laws and NO San Jose rent control. Great income potential available for this property.
The property is located just north of Downtown San Jose near historic Japantown with convenient access to shops, dining, parks, transit, major freeways, and Silicon Valley employment hubs.
For sale
Price cut: $75K (10/15)
$1,595,000
820 N 16th St, San Jose, CA 95112
8beds
4baths
3,296sqft
Quadruplex, Residential Income
Built in 1960
-- sqft lot
$1,535,700 Zestimate®
$484/sqft
$-- HOA
What's special
- 26 days
- 645
- 48
Zillow last checked:
Listing updated:
Listed by:
Louis Melo 00923161 408-515-3746,
Atlantis Properties 408-354-8910
Source: MLSListings Inc,MLS#: ML82062791
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Kitchen
- Features: Countertop_Tile
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Electric Oven/Range, Refrigerator
Features
- Doors: None
Interior area
- Total structure area: 3,296
- Total interior livable area: 3,296 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Off Street
- Garage spaces: 4
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 1
Lot
- Size: 10,800 Square Feet
Details
- Parcel number: 24914079
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1960
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Utilities for property: Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $484/sqft
- Tax assessed value: $789,899
- Annual tax amount: $14,034
- Date on market: 9/26/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: OvenRangeAllUnits
- Lease term: Month To Month
Estimated market value
$1,535,700
$1.46M - $1.61M
$3,381/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/15/2026 | Price change | $1,595,000-4.5%$484/sqft |
Source:  MLSListings Inc #ML82062791 Report a problem | ||
| 9/26/2026 | Listed for sale | $1,670,000+244.3%$507/sqft |
Source: MLSListings Inc #ML82062791 Report a problem | ||
| 6/23/1998 | Sold | $485,000$147/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $789,899 +2% |
| 2025 | $14,034 +5% | $774,411 +2% |
| 2024 | $13,366 +2.8% | $759,227 +2% |
| 2023 | $13,003 +1.2% | $744,341 +2% |
| 2022 | $12,845 +3.4% | $729,747 +2% |
| 2021 | $12,418 +3.9% | $715,439 +1% |
| 2020 | $11,946 | $708,104 +2% |
| 2019 | $11,946 +4.7% | $694,220 +2% |
| 2018 | $11,408 | $680,609 +2% |
| 2017 | $11,408 +1.2% | $667,265 +2% |
| 2016 | $11,272 +3.3% | $654,182 +1.5% |
| 2015 | $10,907 +19.3% | $644,356 +2% |
| 2014 | $9,144 | $631,735 +0.5% |
| 2013 | -- | $628,880 +2% |
| 2012 | -- | $616,550 +2.8% |
| 2010 | -- | $599,945 -0.2% |
| 2009 | -- | $601,371 +2% |
| 2008 | -- | $589,581 +2% |
| 2007 | -- | $578,021 +2% |
| 2006 | -- | $566,688 +2% |
| 2005 | -- | $555,577 +2% |
| 2004 | -- | $544,684 +3.9% |
| 2002 | -- | $524,219 +2% |
| 2001 | -- | $513,941 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
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.
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