1793 Stokes Street, San Jose, CA 95126

Property Description

Well-maintained 1973 fourplex on an oversized 14,013 SF R3 lot in Central San Jose, offered individually for the first time. 4,339 SF of living area across an excellent unit mix: one 3BD/2BA, two 2BD/2BA, and one 2BD/1BA. Every unit has an attached garage with washer and dryer, a private fenced courtyard or patio, double-pane windows, wall AC, and separate gas and electric meters. Eleven parking spaces - five garage plus six surface. Recent improvements include a fully renovated Unit 3 (2024), newer flooring in Units 2 and 3, and a freshly repainted Unit 4 leased June 2026 at $2,800/mo plus $160 water reimbursement, the building's highest rent. Currently $135,120 total scheduled income and $93,994 NOI - a 4.70% cap at list, with meaningful upside as units turn. Campbell Union School Districts. Minutes to Highways 17, 85 and 280; walk to VTA light rail and shopping; close to Santana Row and Valley Fair. Units 1-3 month-to-month; Unit 4 on lease thru 6/2027. Do not disturb tenants.