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This turnkey four-unit multifamily investment property in San Jose, CA, is an excellent opportunity in a high-demand rental market. The fully leased property generates a strong gross annual rental income of $118,336. It consists of four spacious 2-bedroom, 1-bath units, each approximately 750 square feet, with three of the four units already updated. The property maintains a low vacancy rate with reliable long-term tenants who pay on time, covering their own electricity costs. Monthly rents range from $1,978 to $2,600 per unit. The sale includes all fixtures, equipment, and essential appliances, such as refrigerators and oven ranges in all units. This is a rare off-market opportunity in a prime San Jose location with strong rental demand. Do not go and walk on the property and disturb the tenants.
Listing agent: Amanpreett S Ghotra DRE #02010135 amanpreettsghotra@gmail.com, Listing office: Pacific Home Brokers
MLS data updated 11/3/2026, 12:10:52 AM PT
Source: CRMLS, MLS #: ML81995564
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Apr 4, 2025
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
$1,700,000Closed sale · Apr 4, 2025ZIP 95116 · Apr 2025
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.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.
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.