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1990 SouthwestSan Jose, CA 95126

For Sale

$2,200,000

Smart Buyer Rebate $22,000

*** 14,683 SF Lot - Immediate ADU Potential *** Units 1 & 2 Will Be Delivered Vacant*** Situated between the vibrant and sought out after neighborhoods of Willow Glen and Campbell, this four-unit multifamily asset located at 1990 Southwest Expressway offers a rare opportunity to own in one of San Jose's most strategic and sought-after corridors. The property sits on a massive 14,683 sq. ft. lot and boasts 4,339 sq. ft. of rentable building area, providing excellent potential for both income generation and long-term development. An investor should be ready to take command of an exceptional unit mix of (1) three-bed, two-bath, (2) two-bed, two-bath and (1) two-bed, one-bath, all of which offer overly large floor plans. The expansive lot also offers immediate ADU development potential and possibilities for future redevelopment or expansion. The RM (residential multiple) zoning designation allows investors and developers to unlock significant additional living space on the property, whether by adding detached ADUs, converting existing structures and ultimately increasing income streams, providing substantial upside beyond the current four-unit configuration.

Listed by Fred Rubio

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License #01984041

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Marcus & Millichap

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408-314-3009

Last updated September 05, 2025

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Source: MLSListings #ML82020465

Listing Facts

  • TypeMulti-family
  • NeighborhoodDel Marietta Southwest
  • Days on Prevu1
  • Taxes$26,259/year
  • Size4,339 sqft
  • Price per sqft$507

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

09/05/2025
Listed by Marcus & Millichap
$2,200,000

Property Details for 1990 Southwest

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Flat
  • Stories: 2
  • Year Built: 1973
  • Year Built Details: 2
  • Construction Materials: Other

Measurements

  • Building Area Total: 4,339
  • Lot Size Acres: 0.33
  • Lot Size Area: 14,683
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 14,683
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.1
  • Gross Income: $133,685.00
  • Operating Expense Includes: Insurance, Maintenance, Trash, Water/Sewer

Taxes

  • Parcel Number: 284-25-024
  • Tax Annual Amount: $26,259.00

Interior

Features

  • Appliances: Oven Range
  • Flooring: Carpet, Vinyl/Linoleum

Measurements

  • Living Area: 4,339

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Features: Attached Garage
  • Parking Total: 4

Schools

Elementary School

  • Elementary School District: Campbell Union Elementary

High School

  • High School District: Campbell Union High

Utilities

Equipment

  • Cooling: Ceiling Fan
  • Heating: Wall Furnace
  • Laundry Features: Hookups Only
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water Source: Water On Site

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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.