477 Greendale Way, San Jose, California 95129, San Jose, - bed, bath
ACTIVE UNDER CONTRACT$2,190,000
477 Greendale Way, San Jose, California 95129
0Bed
0Bath
3,713Sqft
7,015Lot
Year Built
1964
Close
-
List price
$2.19M
Original List price
$2.19M
Price/Sqft
-
HOA
-
Days on market
177 Days
Sold On
2025-12-31
MLS number
ML82013598
Home ConditionExcellent
Features
View-
About this home
Well located fourplex just a few miles from Apples world headquarters and within the highly coveted Cupertino Union School District, this 4-unit multifamily property offers a unique opportunity to invest in Silicon Valleys booming real estate market. Thoughtfully updated and well-maintained, this asset delivers strong rental income, stable returns, and significant long-term value appreciation potential. The unit mix offers one spacious 3-bedroom, 2-bath owners unit ideal for families or professionals seeking a larger living space along with three well-designed 2-bedroom, 1-bath units, perfect for small families or young professionals. Marketing package available upon request.
Price History
Date
Event
Price
07/07/25
Listing
$2,190,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (4 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 3,713 | 3,713 | 50% |
| Lot Size | 7,015 | 7,740 | 40% |
| Price | $2.19M | $2.19M | 50% |
| Price per square foot | $590 | $612 | 40% |
| Built year | 1964 | 1968 | 20% |
| HOA | |||
| Days on market | 121 | 131 | 40% |
Condition Rating
Excellent
Despite being built in 1964, the property has undergone extensive and recent renovations, as evidenced by the images and description 'thoughtfully updated and well-maintained'. The kitchen features new stainless steel appliances (still with protective film), modern wood-tone shaker cabinets, new light-colored countertops, and a contemporary white subway tile backsplash. Throughout the visible units, there is new LVP/laminate flooring, fresh light gray paint, and updated recessed lighting. The overall aesthetic is modern, clean, and virtually new, meeting current quality standards with no visible deferred maintenance in the showcased areas.
Pros & Cons
Pros
Prime Location: Strategically located just a few miles from Apple's world headquarters and within the highly coveted Cupertino Union School District, ensuring strong tenant demand and property value.
Income-Generating Asset: A 4-unit multifamily property offering strong rental income, stable returns, and significant long-term value appreciation potential in Silicon Valley's robust real estate market.
Desirable Unit Mix: Features a versatile unit mix including a spacious 3-bedroom, 2-bath owner's unit and three well-designed 2-bedroom, 1-bath units, appealing to a broad range of tenants.
Well-Maintained & Updated: Described as 'thoughtfully updated and well-maintained,' suggesting reduced immediate capital expenditures for a new owner.
Investment Potential: Offers a unique opportunity for investment in a booming real estate market with potential for significant long-term value appreciation.
Cons
Property Age: Built in 1964, the property's age, despite updates, may imply potential for older infrastructure or higher maintenance costs compared to newer constructions.
Extended Days on Market: With 177 days on market, it suggests the property may be overpriced or has other factors deterring a quicker sale in a competitive market.
High School District Ambiguity: While in a coveted elementary school district, the high school district is listed as 'Other,' which might be a consideration for families prioritizing specific high school zones.