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551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
551 Northlake Drive, San Jose CA 95117
California>San Jose>Northlake

551 Northlake DriveSan Jose, CA 95117

For Sale

$1,950,000

Smart Buyer Rebate $19,500

Well-maintained fourplex centrally located in the Northlake neighborhood of West San Jose. All four units are 2BR/1BA with $95,580 annual gross income. First-floor units feature double-pane windows and laminate wood flooring. Recent upgrades include newer roof, front siding, water heater, and appliances (approx. 5 years), and freshly painted exterior. Fully rented with majority month-to-month tenancies, providing immediate cash flow for owner-occupied or investors. Prime location near Apple, Google, Netflix, eBay, Santana Row, and major commute routes including Hwy 280/880, San Tomas, and Lawrence Expressway.

Listed by Valerie Lam

·

License #01510187

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Intero Real Estate Services

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408-694-7542

Last updated January 14, 2026

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Source: MLSListings #ML82031091

Listing Facts

  • TypeMulti-family
  • NeighborhoodNorthlake
  • Days on Prevu16
  • Taxes$14,835/year
  • Size2,992 sqft
  • Price per sqft$652

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

01/27/2026
Status changed to Active
$1,950,000
01/22/2026
Status changed to Removed from Feed
$1,950,000
01/14/2026
Listed by Intero Real Estate Services
$1,950,000

Property Details for 551 Northlake Drive

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 2
  • Year Built: 1960
  • Year Built Details: 2

Measurements

  • Building Area Total: 2,992
  • Lot Size Acres: 0.15
  • Lot Size Area: 6,535
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,535
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.81
  • Gross Income: $95,580.00
  • Operating Expense Includes: Maintenance, Utilities, Water/Sewer

Taxes

  • Parcel Number: 303-27-062
  • Tax Annual Amount: $14,835.00

Interior

Features

  • Flooring: Carpet, Laminate

Measurements

  • Living Area: 2,992

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Carport

Schools

Elementary School

  • Elementary School: Lynhaven Elementary
  • Elementary School District: Campbell Union Elementary

High School

  • High School District: Campbell Union High

Middle or Junior School

  • Middle Or Junior School: Campbell Middle

Utilities

Equipment

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Other
  • Water Source: Water On Site

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 551 Northlake Drive.

What schools are nearby to 551 Northlake Drive?

Nearby schools include the Lynhaven Elementary and Campbell Middle.

What are the annual taxes for 551 Northlake Drive?

Annual taxes for this multi-family home are estimated at $14,835.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,992 sqft.

551 Northlake Drive is a -bedroom multi-family home for sale in San Jose CA 95117. Available on Prevu for 16 days at $1,950,000. This home features 2,992 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $749,000. Nearby schools include Lynhaven Elementary and Campbell Middle. The home offers pets allowed and parking. Browse more multi-family home listings in San Jose.

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.