An exceptional investment opportunity in the heart of San Joses highly desirable Rose Garden neighborhood, this charming four-unit townhome-style complex blends timeless appeal with strong income potential. The property features four two-story residences, each offering 2 bedrooms and 1 bath, thoughtfully designed with eat-in kitchens, spacious living rooms, and a functional two-level layout that tenants love. Unit 4 is currently owner occupied. A shared laundry area adds convenience, while one renovated unit provides immediate upside and a clear value-add path for the remaining residences. Situated on a 5,400 sq. ft. lot with approximately 4,758 sq. ft. of gross building area, the property is ideally located near San Jose International Airport, Municipal Rose Garden, PayPal Park, SAP Center, and Downtown San Jose. With quick access to major highways, restaurants, shopping, and employment hubs, this location consistently attracts long-term tenants seeking convenience and lifestyle. Whether you are an investor looking for stable cash flow, future appreciation, or a value-add opportunity in a prime Silicon Valley submarket, this Rose Garden multi-unit property checks all the boxes.
Sold for $1,800,000
$1,800,000
931 Vermont St, San Jose, CA 95126
8beds
4baths
4,578sqft
Quadruplex, Residential Income
Built in 1962
-- sqft lot
$1,870,300 Zestimate®
$393/sqft
$2,767 Estimated rent
Home value
$1,870,300
$1.78M - $1.96M
$2,767/mo
Zestimate® history
Owner options
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$2,767/mo
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$2,767/mo
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$11,485/mo
Est. payment
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$11,485/mo
Est. payment
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List your homeWhat's special
Eat-in kitchensFunctional two-level layoutFour two-story residencesRenovated unitShared laundry area
Zillow last checked:
Listing updated:
Listed by:
Lex Orosco 01930420 408-921-5788,
Real Brokerage Technologies 619-663-8680
Bought with:
Hugo De Hoyos, 01153534
Intero Real Estate Services
Source: MLSListings Inc,MLS#: ML82042812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- None
Features
- Doors: None
Interior area
- Total structure area: 4,578
- Total interior livable area: 4,578 sqft
Property
Parking
- Total spaces: 6
- Parking features: Carport
- Carport spaces: 6
Accessibility
- Accessibility features: None
Lot
- Size: 1 Square Feet
Details
- Parcel number: 23042125
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1962
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: $393/sqft
- Tax assessed value: $1,734,000
- Annual tax amount: $25,326
- Date on market: 4/13/2026
- Listing agreement: ExclusiveRightToSell
- Inclusions: Building, Land
- Lease term: Other
Price history
| Date | Event | Price |
|---|---|---|
| 5/18/2026 | Sold | $1,800,000-2.7%$393/sqft |
Source:  MLSListings Inc #ML82042812 Report a problem | ||
| 4/29/2026 | Contingent | $1,850,000$404/sqft |
Source: MLSListings Inc #ML82042812 Report a problem | ||
| 4/14/2026 | Listed for sale | $1,850,000+9150%$404/sqft |
Source: MLSListings Inc #ML82042812 Report a problem | ||
| 1/8/2025 | Sold | $20,000-98.8%$4/sqft |
Source: Public Record Report a problem | ||
| 8/10/2023 | Sold | $1,700,000+0.1%$371/sqft |
Source: MLSListings Inc #ML81930939 Report a problem | ||
| 7/28/2023 | Pending sale | $1,698,000$371/sqft |
Source: MLSListings Inc #ML81930939 Report a problem | ||
| 7/5/2023 | Contingent | $1,698,000$371/sqft |
Source: MLSListings Inc #ML81930939 Report a problem | ||
| 6/7/2023 | Listed for sale | $1,698,000+13.2%$371/sqft |
Source: MLSListings Inc #ML81930939 Report a problem | ||
| 7/28/2020 | Sold | $1,500,000+2.5%$328/sqft |
Source:  MLSListings Inc #ML81797299 Report a problem | ||
| 6/24/2020 | Pending sale | $1,463,000$320/sqft |
Source: Intero Real Estate Services #ML81797299 Report a problem | ||
| 6/18/2020 | Listed for sale | $1,463,000+74.6%$320/sqft |
Source: Intero Real Estate Services #ML81797299 Report a problem | ||
| 10/12/2012 | Sold | $838,000-2.6%$183/sqft |
Source: Public Record Report a problem | ||
| 6/12/2006 | Sold | $860,000+24.6%$188/sqft |
Source: Public Record Report a problem | ||
| 2/3/2003 | Sold | $690,000$151/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $26,933 +5.8% | $1,734,000 +2% |
| 2024 | $25,447 +7.6% | $1,700,000 +8.9% |
| 2023 | $23,653 +1.2% | $1,560,600 +2% |
| 2022 | $23,367 +2.9% | $1,530,000 +2% |
| 2021 | $22,717 | $1,500,000 +59% |
| 2020 | -- | $943,569 +2% |
| 2019 | -- | $925,068 +2% |
| 2018 | $14,901 | $906,930 +2% |
| 2017 | $14,901 +1.2% | $889,148 +2% |
| 2016 | $14,725 +2.9% | $871,715 +1.5% |
| 2015 | $14,305 +21.7% | $858,622 +2% |
| 2014 | $11,758 | $841,804 +0.5% |
| 2013 | -- | $838,000 +12.5% |
| 2012 | -- | $744,600 +2% |
| 2011 | -- | $730,000 -2.7% |
| 2010 | -- | $750,000 -17.8% |
| 2009 | -- | $912,638 +2% |
| 2008 | -- | $894,744 +2% |
| 2007 | -- | $877,200 +20% |
| 2006 | -- | $731,276 +2% |
| 2005 | -- | $716,938 +2% |
| 2004 | -- | $702,882 +673.8% |
| 2003 | -- | $90,838 +2% |
| 2002 | -- | $89,058 +2% |
| 2001 | -- | $87,313 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby homes
- $1,544,800-- bd-- ba3.6k sqft925 Vermont St, San Jose, CA 95126Off Market
- $--2 bd1 ba918 sqft925 Vermont St APT 1, San Jose, CA 95126Off Market
- $--2 bd1 ba918 sqft925 Vermont St APT 4, San Jose, CA 95126Off Market
- $--2 bd1 ba918 sqft925 Vermont St APT 3, San Jose, CA 95126Off Market
- $784,9002 bd1 ba916 sqft955 Vermont St #2, San Jose, CA 95126Off Market
- $--2 bd1 ba916 sqft955 Vermont St APT 3, San Jose, CA 95126Off Market
- $1,840,0008 bd4 ba3.6k sqft955 Vermont St, San Jose, CA 95126Sold
- $--2 bd1 ba912 sqft919 Vermont St APT 3, San Jose, CA 95126Off Market
Nearby schools
GreatSchools rating
- 5/10Merritt Trace Elementary SchoolGrades: K-5Distance: 1 mi
- 4/10Herbert Hoover Middle SchoolGrades: 6-8Distance: 0.9 mi
- 7/10Abraham Lincoln High SchoolGrades: 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.
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Estimated market value
$1,870,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,870,300
- California
- Santa Clara County
- San Jose
- 95126
- Downtown
- 931 Vermont St
Nearby cities
Nearby neighborhoods
Nearby zip codes
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