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964 Princess Anne DriveSan Jose, CA 95128

For Sale

$1,250,000

Smart Buyer Rebate $12,500

Two words Silicon Valley investors have been waiting to hear: already leased. Welcome to 962/964 Princess Anne Drive, a well maintained income producing duplex tucked in one of San Jose's most strategically positioned pockets, where Willow Glen charm meets Santana Row convenience and Silicon Valley's freeway grid puts the entire Peninsula within reach. Looking to lock in long-term cash flow in a market where vacancy is the real risk, this property checks every box.
Sitting on a generous 6,300 square foot lot, this side-by-side duplex delivers two mirrored 2-bedroom, 1-bath units at approximately 822 & 823 square feet each totaling 1,592 square feet of rentable living space. Both units are occupied with long-term tenants providing stable, verified income from day one. Unit 962 is leased at market rate to a long-term tenant with an established payment history. Unit 964 is assisted under the Section 8 Housing payments made directly and reliably to the owner each month a built-in income guarantee With the national housing shortage showing no signs of easing and HCV vacancy rates among the lowest in any asset class, this dual-income stream represents exactly the kind of stability an investor is looking for.

Listed by Tracey McNeely

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License #01713844

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eXp Realty of California Inc

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408-401-6501

Last updated July 10, 2026

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Source: MLSListings #ML82052659

Listing Facts

  • TypeMulti-family
  • NeighborhoodDel Mar
  • Days on Prevu31
  • Taxes$1,667/year
  • Size1,592 sqft
  • Price per sqft$785

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/01/2026
Listed by eXp Realty of California Inc
$1,250,000

Property Details for 964 Princess Anne Drive

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 1
  • Year Built: 1954
  • Year Built Details: 2

Measurements

  • Building Area Total: 1,592
  • Lot Size Area: 6,300
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,300
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 2.63
  • Gross Income: $52,570.00
  • Operating Expense Includes: Gardener, Insurance, Maintenance, Water/Sewer

Taxes

  • Parcel Number: 282-31-008
  • Tax Annual Amount: $1,667.00

Interior

Features

  • Appliances: Cooktop - Gas, Dishwasher, Microwave, Refrigerator

Measurements

  • Living Area: 1,592

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Detached, 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: Gas
  • Sewer: Public Sewer
  • Utilities: Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 964 Princess Anne Drive.

Does this multi-family home have parking?

Yes, there are 2 parking spaces available for 964 Princess Anne Drive.

What are the annual taxes for 964 Princess Anne Drive?

Annual taxes for this multi-family home are estimated at $1,667.

How does 964 Princess Anne Drive compare to other multi-family homes in Del Mar?

This multi-family home is listed 0% below the average price for multi-family homes in Del Mar and has been on the market for 232 less days than the typical home in this area.

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

According to the MLS, this listing is 1,592 sqft.

964 Princess Anne Drive is a -bedroom multi-family home for sale in San Jose CA 95128. Listed on Prevu for 31 days at $1,250,000. This residence features 1,592 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,398,888. Additional amenities include pets allowed and parking. Explore more multi-family home listings in San Jose.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/11/2026. 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. Properties may or may not be listed by the office/agent presenting the information. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

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.