$10,000

closing credit¹

450 Lewis Rd San Jose, CA 95111

$1,780,000
3,328 sqft
0.2 acres
$535 / sqft
Multi-Family

Property details

About 450 Lewis Rd

Fully Rented 4-Plex Investment Opportunity with Upside Potential! This well-maintained 4-unit building is a great addition to any investor's portfolio. Located in a safe and convenient neighborhood, the property offers consistent rental demand, long-term tenants, and room to grow your profits. Property Highlights: Unit Configuration: Four units (4x 2-bed/1-bath) ideal for owner-occupied buyers or for investors Well-Maintained Community: Lewis Road is part of an HOA that ensures clean and well-kept grounds. Parking & Amenities: Includes assigned carports with extra parking spots, a shared laundry facility, and balconies/patios for tenant enjoyment. Prime Convenience: Close to major employers, shopping, dining, schools, churches, and public transportation, making it a practical choice for families and ensuring steady rental income and high occupancy rates. Value-Add Potential: Some units need upgrades, offering an opportunity to increase profitability through market rent adjustments or cosmetic improvements to boost appeal. This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market. Schedule your private tour today and discover why this property is the perfect fit for your portfolio!

Highlights

Home typeQuadruplex
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Size3,328 sqft
Lot size0.2283 Acres
Year built1962
MLS #ML81991369

Summary

  • MLS Number: ML81991369
  • MLS Name: CRMLS
  • Office Name: NextHome Axis Realty
  • Office Phone: (408) 854-0828
  • Listing Agent: Meggie Collins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 7:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house with a lawn

$1,780,000

450 Lewis Rd

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Mar 20, 1990
Home Sold
$287,500

Tax history

YearAssessmentProperty Tax
2024$655,604$10,497
2023$642,750$10,315
2022$630,148$10,121
2021$617,795$10,051
2020$611,461$9,824
2019$599,473$9,447
2018$587,719$9,447
2017$693,093$10,866

History based on county public records data.

Nearby schools

9

Rocketship Rising Stars

Public Charter KG-5

0.4 mi

3173 Senter Rd

4

Captain Jason M. Dahl Elementary School

Public District KG-6

0.5 mi

3200 Water St

3

Los Arboles Literacy and Technology Academy

Public District KG-3

0.8 mi

455 Los Arboles St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $55,695. Typical income of San Jose, CA residents is between $35k-100k annually. The most common type of family is married, with kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

28%
<35k
56%
35k-100k
14%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

20%
Single, No Kids
18%
Single, with Kids
20%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
11%
12-17 yrs old
26%
18-34 yrs old
37%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • H&MH&M

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • PopeyesPopeyes

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • LexusLexus

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Soft Adult ContemporarySoft Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 450 Lewis Rd in San Jose, CA and zip code 95111 in the Fairgrounds neighborhood. This 3,328 square foot home, which was built in 1962, sits on a 0.23 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 23, 2025 and is currently priced at $1,780,000.

Over 236 listings were sold over their listed price in December 2024 in San Jose, CA. In the same period over 135 listings were sold below the listed price and 51 listings were sold for the listed price. Between November and December 2024, San Jose, CA real estate market has seen decrease in the number of listings by 24.3%. In December 2024 median list price was $1,420,778 and the average listing age was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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