1412 Carnelian Dr

This turn-key fourplex on the Eastside of San Jose offers a rare Silicon Valley investment opportunity at a competitive price with no HOA fees. The well-maintained property features four 2-bedroom, 1-bathroom units, each measuring approximately 800 square feet, providing a total of around 3,200 square feet of living space. The building is 100% fully occupied by reliable, long-term tenants, generating strong rental income and high cap rates with historically low vacancy rates. Additional revenue is generated through an on-site shared laundry room. Exhibiting true pride of ownership, the property has dedicated parking including five total spaces (one assigned rear space per unit) plus street parking. Conveniently situated near US-101, I-280, and I-680, the property offers easy commuter access. It is minutes from San Jose State University, Little Saigon, Grand Century Shopping Mall, Kelley Park, Happy Hollow Zoo, and local community centers.