1721 Ross Circle, San Jose, California 95124, San Jose, - bed, bath
ACTIVE$1,999,000
1721 Ross Circle, San Jose, California 95124
0Bed
0Bath
3,672Sqft
8,100Lot
Year Built
1963
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
-
HOA
$360
Days on market
-
Sold On
-
MLS number
ML82023597
Home ConditionGood
Features
Good View: Park/Greenbelt
Deck
ViewPark/Greenbelt
About this home
Turnkey 4-plex in a prime San Jose location near the Los Gatos/Campbell border, within the top-rated Campbell Union High School District. Each spacious 2-bed, 1-bath unit (~920 sq ft) is currently rented at market rate, delivering a strong cap rate. The property offers carport parking with dedicated storage, a private park-like setting, and a quiet, walkable neighborhood close to Safeway, restaurants, and major freeways (CA-85, I-280, CA-17). A rare, low-maintenance investment ideal for long-term passive income.
Nearby schools
8/10
Oster Elementary School
Public,•K-5•0.5mi
6/10
Lietz Elementary School
Public,•K-5•0.8mi
7/10
Noddin Elementary School
Public,•PK-5•1.1mi
6/10
Reed Elementary School
Public,•K-5•1.2mi
4/10
Almaden Elementary School
Public,•K-5•1.5mi
6/10
Bagby Elementary School
Public,•K-5•1.9mi
8/10
Guadalupe Elementary School
Public,•K-5•1.9mi
9/10
Carlton Elementary School
Public,•K-5•1.9mi
5/10
Schallenberger Elementary School
Public,•K-5•2.3mi
8/10
Los Alamitos Elementary School
Public,•K-5•2.4mi
3/10
Terrell Elementary School
Public,•K-5•2.7mi
9/10
Blossom Hill Elementary School
Public,•K-5•2.8mi
3/10
Allen at Steinbeck School
Public,•K-5•3.1mi
9/10
Louise Van Meter Elementary School
Public,•K-5•3.4mi
8/10
Loma Prieta Elementary School
Public,•K-5•9.0mi
7/10
Dartmouth Middle School
Public,•6-8•1.2mi
9/10
Union Middle School
Public,•6-8•1.5mi
5/10
John Muir Middle School
Public,•6-8•1.7mi
6/10
Castillero Middle School
Public,•6-8•2.7mi
5/10
Willow Glen Middle School
Public,•6-8•2.8mi
8/10
Raymond J. Fisher Middle School
Public,•6-8•3.4mi
9/10
C. T. English Middle School
Public,•6-8•9.0mi
8/10
Branham High School
Public,•9-12•0.7mi
8/10
Leigh High School
Public,•9-12•0.9mi
7/10
Pioneer High School
Public,•9-12•1.5mi
6/10
Willow Glen High School
Public,•9-12•2.8mi
4/10
Gunderson High School
Public,•9-12•3.2mi
10/10
Los Gatos High School
Public,•9-12•4.2mi
Price History
Date
Event
Price
10/02/25
Listing
$1,999,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (2 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,672 | 1,816 | 67% |
| Lot Size | 8,100 | 7,875 | 67% |
| Price | $2M | $1.5M | 67% |
| Price per square foot | $544 | $721 | 33% |
| Built year | 1963 | 1963 | 50% |
| HOA | $360 | 0% | |
| Days on market | 34 | 58 | 33% |
Condition Rating
Good
This 4-plex, built in 1963, presents a mixed but generally good condition. While some units feature recently updated kitchens with modern light wood cabinetry, white countertops, and contemporary fixtures, along with updated bathrooms showcasing grey vanities and modern lighting, other units retain older styles. For instance, one kitchen has darker, older cabinets with black granite countertops and dated white appliances, and another bathroom has an older granite vanity. Flooring varies, with some areas featuring modern LVP and others older hardwood or tile. Despite the varying levels of renovation across units, the property is described as 'turnkey' and appears well-maintained overall, with no immediate major repairs evident. The newer renovations elevate the property beyond 'Fair', making it move-in ready with functional systems, aligning with a 'Good' condition.
Pros & Cons
Pros
Turnkey Investment Property: This is a fully rented 4-plex, described as 'turnkey' and 'low-maintenance,' offering immediate passive income for investors.
Strong Financial Performance: All units are 'currently rented at market rate, delivering a strong cap rate,' indicating solid cash flow and a healthy return on investment.
Prime Location & Accessibility: Situated in a 'prime San Jose location near the Los Gatos/Campbell border,' the property boasts excellent walkability and convenient access to major freeways (CA-85, I-280, CA-17), local amenities like Safeway, and various restaurants.
Highly-Rated School District: Located within the 'top-rated Campbell Union High School District,' with nearby schools such as Branham High (8/10) and Oster Elementary (8/10), enhancing its appeal to families.
Desirable Unit Features & Amenities: Each unit is a 'spacious 2-bed, 1-bath (~920 sq ft)' and the property includes practical amenities like carport parking with dedicated storage, and a private park-like setting.
Cons
Property Age: Built in 1963, the property is over 60 years old, which may imply potential for deferred maintenance or the need for significant capital expenditures on systems or structural components in the future.
Unusual Association Fee: A monthly association fee of $360 for a quadruplex is uncommon and requires clarification on what services or amenities it covers, as it could impact net operating income.
Limited Unit Diversity: All four units are identical 2-bedroom, 1-bathroom layouts, which might limit appeal to a broader tenant base or restrict future rent growth potential compared to properties with varied unit sizes.