737 Forestdale Avenue
San Jose, CA 95116
- 8 beds
- – baths
- 2,728 sqft
- 5,610 sqft lot
- $533 per sqft
- 1962 build
- – on site
More homes
Major price improvement due to seller in active 1031 exchange replacement. Very Rare 4 plex with 2 bedroom/1 bath each unit in the heart of San Jose. Unit is spacious and airy with ~700 sq ft each. Good size for family which is hard to find in San Jose. Solid investment w great steady cashflow. Never a problem to rent in this highly desirable location in the heart of San Jose. Units were updated. Recent exterior paint. Very clean with tenant assigned parking in front, and spacious maintenance-free paved back yard. Convenient and easy access to highway, shops, bus station. New public park nearby. Tenants are month to month and easily rentable for 2 spacious bedrooms. Gross rent $110,000+ Current cap rate is 4.75% and 5% by next year which is an amazing cap rate and solid investment, If you are looking for a good solid, clean and worry-free investment, this is it. Golden opportunity for any investor or end user. Please do not disturb tenants. Drive by only. Offer subject to inspection. Do not miss the amazing opportunity to own a solid turnkey investment in the heart of San Jose w high cap rate and return.
Last checked:
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Last updated Apr 30, 2025
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MLS# ML81990891 —
The Building
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Year Built:1962
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Building Area Units:Square Feet
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Building Area Total:2728
Interior
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Flooring:Laminate
Room Dimensions
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Living Area:2728
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Living Area Units:Square Feet
The Property
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Parcel Number:47232011
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Zoning:R3
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Lot Size Area:0.13
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Lot Size Acres:0.13
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Lot Size SqFt:5610
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Lot Size Units:Acres
Listing Agent
- Contact info:
- Agent phone:
- (408) 203-7986
Beds
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Bedrooms Total:8
The Listing
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Listing Terms:Cash
Heating & Cooling
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Heating:Wall Furnace
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Heating:true
Schools
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High School District:East Side Union High
The Community
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Association:false
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/28/25
Apr 28, 2025
|
Sold | BRIDGE | $1,455,000 | -1.4% |
|
3/25/25
Mar 25, 2025
|
Pending | BRIDGE | $1,475,000 | |
|
3/17/25
Mar 17, 2025
|
Price Changed | BRIDGE | $1,475,000 |
