Investment Overview

Charming Fourplex | Core Downtown San Jose Location Presenting a rare opportunity to acquire a well-located four-unit multifamily asset in the heart of Downtown San Jose—just steps from City Hall, the iconic Miro Towers, San Pedro Square, and a growing collection of upscale dining destinations. This Victorian-style building blends architectural charm with untapped upside potential, situated in one of Silicon Valley’s most strategically positioned submarkets. Unit Mix & Value-Add Potential: The property features a unique mix including a versatile 2-bed 2-bath unit with two separate entrances, dual living areas, and dual kitchen layouts, and dual gas & electric meters —offering a highly feasible opportunity to convert into either (2) spacious 1-bed 1-bath units or a 1-bed 1-bath and a 2-bed 1-bath configuration. Such modifications, subject to City approval and permitting, could significantly enhance rental income and unit count. Accompanying this flexible layout are three additional units: a spacious 1-bed 1-bath directly across the hall on the upper level, a 2-bed 1-bath, and another classic 1-bed 1-bath on the lower level. The property will be delivered nearly completely vacant, with only one unit occupied by the time of sale, offering a new investor tremendous upside potential and creative autonomy with no rent cap on majority of the units.  Strategic Location Highlights: With immediate access to San Jose State University, public transit, and major tech employment hubs, the property sits in the path of continued urban revitalization and population growth. Walkability to both lifestyle amenities and employment corridors make this asset highly attractive to quality tenants seeking urban convenience. Summary: This is a generational asset in a rapidly maturing urban core—offering both strong in-place fundamentals and clear paths for value creation. Ideal for the investor seeking a blend of stability, architectural character, and strategic upside.