Arguably the nicest fourplex currently on the market in San Jose! Come see for yourself! New roof 2020. SB 721 is complete - new balconies with new handrails. New exterior paint 2023. "Owners" unit, the 3 bed 2.5 bath, is completely remodeled. Excellent location near the Los Gatos Creek Trail. Minutes from Valley Fair, Santa Row and Ebay world HQ. 1566 Stokes Street consists of (1) 3 bed / 2.5 bath, (1) 2 bed / 1 bath, and (2) 1 bed / 1 bath. Significant upside as the 2-bedroom and 1-bedroom units can be renovated to achieve significantly higher rents. Residents enjoy amenities such as on-site parking in a gated lot and on-site laundry. The location is also a key highlight as it's next to several major streets and transit hubs, while located between numerous centers of economic activity. This is a tremendous opportunity for an investor to acquire a property in the heart of Silicon Valley.
Listed by Carlos Azucena
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License #01738155
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Marcus & Millichap
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408-205-2679
Last updated July 05, 2025
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Source: MLSListings #ML82010478
Listing Facts
TypeMulti-family
NeighborhoodBarbera-Stokes
Days on Prevu89
Taxes$24,275/year
Size3,328 sqft
Price per sqft$556
Amenities
Pets Allowed
Parking
Location
Mortgage Calculator
Listing History
07/05/2025
Status changed to Active
$1,850,000
06/24/2025
Status changed to Pending
$1,850,000
06/10/2025
Listed by Marcus & Millichap
$1,850,000
Property Details for 1566 Stokes Street
Exterior
Construction
Number Of Units Total: 4
Roof: Composition
Stories: 2
Year Built: 1963
Year Built Details: 2
Measurements
Building Area Total: 3,328
Lot Size Acres: 0.20
Lot Size Area: 8,806
Lot Size Source: Assessor
Lot Size Square Feet: 8,806
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.36
Gross Income: $100,589.00
Operating Expense Includes: Gardener, Professional Management, Utilities
Taxes
Parcel Number: 284-27-031
Tax Annual Amount: $24,275.00
Interior
Measurements
Living Area: 3,328
Parking
Parking
Carport Spaces: 3
Carport: Yes
Garage Spaces: 1
Garage: Yes
Parking Features: Assigned Spaces, Attached Garage, Covered Parking, On Street
Parking Total: 2
Schools
Elementary School
Elementary School District: Campbell Union Elementary
High School
High School District: Campbell Union High
Utilities
Equipment
Heating: Central Forced Air, Wall Furnace
Sewer: Public Sewer
Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
Water Source: Public
Based on information from MLSListings™️ 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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