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Closed
- Listed price
- $1,499,000
- Listed Jun 9, 2022 · $480/sq ft
- Sold price
- $1,555,000
- Sold Jul 18, 2022
3,122 sqft|7,797 sqft lot|1990 Built|7 MLS days on market
45 S 22nd St, San Jose, CA 95116
Property Description
Great Investment opportunity! Built in 1990 by the current owner. All units were remodeled 5 years ago. Cash flow $7,871 a month from day one. Comprising four 1 bed/1 bath units averaging approximately 780 sqft. One of the units is currently vacant and ready to show! Current Market rent is $2200 per month. All units are the same floor plan. Two units are on the first floor and two units are on the second floor. Recently remodeled unit with Tile floor and granite counters in kitchen. Dishwasher, stove and refrigerator are already in place. Laundry hook-ups and W/H for each unit, high ceilings, nice natural light. Large patio with a second, smaller patio. Well maintained common area, parking available in rear. Convenient location, easy access to Highway 101, 280 & 680. Close to San Jose State University and plenty of shops and restaurants nearby. In sum, this is a property thats built to appeal to investors and tenants alike, which means it wont stay on the market forever!
Listing agent: Meidan Mike MagenDRE #01911743mike@magensgroup.com, Listing office: Intero Real Estate Services
MLS data updated 11/1/2026, 9:36:45 AM PT
Source: CRMLSMLS #: ML81889860
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,555,000
Jul 18, 2022
Available records22022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,555,000Closed sale · Jul 18, 2022ZIP 95116 · Jul 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsJun 9, 2022 – Jul 18, 2022
ZIP 95116 · same property typeLoading eligible closed sales…
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.