1660 De Rose Way, San Jose, California 95126, San Jose, - bed, bath
ACTIVE$1,948,000
1660 De Rose Way, San Jose, California 95126
0Bed
0Bath
4,281Sqft
7,170Lot
Year Built
1963
Close
-
List price
$1.95M
Original List price
$1.95M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81989099
Home ConditionFair
Features
View-
About this home
Rare opportunity to own a cozy fourplex well situated on an established San Jose neighborhood. All units are currently occupied and units are always in high demand. The property has mix of 1 x (3 bedrooms / 2.5 bath) town home style owner's unit approx.1250 sqft, 2 x (2 bedrooms / 1 bath) units approx.850 sqft each and 1 x (1 bedroom/ 1 bath) approx. 550 sqft. Few minutes from Pruneyard, Valley Fair and Santana Row, convenient access to Hwys 17, 880, 280, and Guadalupe Expressway. Great opportunity to get into the rental market!
Price History
Date
Event
Price
05/05/25
Listing
$1,948,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (1 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 4,281 | 4,172 | 50% |
| Lot Size | 7,170 | 6,852 | 50% |
| Price | $1.95M | $1.84M | 50% |
| Price per square foot | $455 | $440 | 50% |
| Built year | 1963 | 9815982 | 100% |
| HOA | |||
| Days on market | 183 | 193 | 50% |
Condition Rating
Fair
The property was built in 1963, making it over 60 years old. While the exterior appears maintained, the interior images of the kitchen and bathroom reveal significantly outdated styles and features. The kitchen has older white appliances, dated cabinets, and countertops. The bathroom features older tile and a dated shower enclosure. While functional, these areas show clear signs of age and have not undergone recent modern renovations, aligning with the 'Fair' condition criteria where major components are functional but show signs of being outdated and require minor updates.
Pros & Cons
Pros
Strong Income Potential: This quadruplex is a rare find, with all units currently occupied and consistently in high demand, ensuring stable rental income for an investor.
Prime San Jose Location: Strategically located in an established San Jose neighborhood, offering excellent proximity to major retail and entertainment hubs like Pruneyard, Valley Fair, and Santana Row, along with convenient freeway access (Hwys 17, 880, 280, Guadalupe Expressway).
Diverse Unit Mix: The property features a versatile unit composition, including a spacious 3-bedroom/2.5-bath owner's unit, two 2-bedroom/1-bath units, and one 1-bedroom/1-bath unit, appealing to a broad range of tenants and potential owner-occupants.
Established Rental Market: The description explicitly states that units are 'always in high demand,' indicating a robust and reliable rental market in this desirable San Jose area.
Owner-Occupant Opportunity: The inclusion of a larger 'town home style owner's unit' provides a unique opportunity for a buyer to live on-site while benefiting from the income generated by the other three units.
Cons
Age of Property: Built in 1963, the property is over 60 years old, suggesting potential for outdated infrastructure (e.g., plumbing, electrical, HVAC systems) and a higher likelihood of requiring significant capital expenditures for major replacements or repairs in the near future.
Lack of Renovation Details: The property description does not specify any recent upgrades or renovations to the units or common areas, implying that interiors and building systems may be in original or dated condition, potentially necessitating substantial investment to modernize and maximize rental income.
Potential for Deferred Maintenance: Given the property's age and the absence of explicit renovation information, there is an inherent risk of deferred maintenance issues that could lead to unexpected and costly repairs for a new owner.