551 Northlake Drive San Jose, CA $ 1,950,000
551 Northlake Drive
$ 1,950,000
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551 Northlake Drive

San Jose, CA, 95117
$ 1,950,000
Baths0.0 Sq 2,992

Monthly Estimate*

$ 12,006

Listed by Intero Real Estate Services
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Studio

Multi-Family Home for sale in San Jose, CA

for $1,950,000. This 2,992 square foot home was built in 1960 on a lot size of 0.15.

Well-maintained fourplex centrally located in the Northlake neighborhood of West San Jose. All four units are 2BR/1BA with $95,580 annual gross income. First-floor units feature double-pane windows and laminate wood flooring. Recent upgrades include newer roof, front siding, water heater, and appliances (approx. 5 years), and freshly painted exterior. Fully rented with majority month-to-month tenancies, providing immediate cash flow for owner-occupied or investors. Prime location near Apple, Google, Netflix, eBay, Santana Row, and major commute routes including Hwy 280/880, San Tomas, and Lawrence Expressway.

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Multi-Family Active

Price

$ 1,950,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 14,835

Style

Lot Size

0.15

Year Built

1960

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82031091

Days on Market

4

Features
General
Living Area 2992
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Utilities Other
Roof Composition
Zoning R3
Garage Spaces 0
Year Built 1960
Property Subtype Quadruplex
Accessibility None
County Santa Clara
Insurance Expense 1466
Property Type Residential Income
HOA false
MaintenanceExpense 1200
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Cross Street: Kiely Blvd
City San Jose
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 6535
Carport Spaces 4
Carport Y/N true
Elementary School Lynhaven
Tax Annual Amount 14835
Middle/Junior High School Other
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 3.81
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Interior
Flooring Carpet Laminate
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport
Total Parking 0
Lot Size Area 6535
Foundation Details Slab
Number of Buildings 1
Building Area Total 2992
Lot Size Acres 0.15
Lot Size Source Assessor
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* Excluded Features
List By
Intero Real Estate Services

Broker

vlam@intero.com

Email

Affordability Calculator

$13,243
Per Month
91%
9%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
$1,236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
0 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/14/2026$1,950,000 Listed Price

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551 Northlake Drive, San Jose, CA, 95117 is a Multi-Family Home for sale at $1,950,000 with 2,992 sqft and a lot size of 0.15. 551 Northlake Drive is a studio with 0.0 baths and was built in 1960. The property's zip code is 95117 which is in San Jose, CA