Description

This turn-key fourplex on the Eastside of San Jose offers a rare Silicon Valley investment opportunity at a competitive price with no HOA fees. The well-maintained property features four 2-bedroom, 1-bathroom units, each measuring approximately 800 square feet, providing a total of around 3,200 square feet of living space. The building is 100% fully occupied by reliable, long-term tenants, generating strong rental income and high cap rates with historically low vacancy rates. Additional revenue is generated through an on-site shared laundry room. Exhibiting true pride of ownership, the property has dedicated parking including five total spaces (one assigned rear space per unit) plus street parking. Conveniently situated near US-101, I-280, and I-680, the property offers easy commuter access. It is minutes from San Jose State University, Little Saigon, Grand Century Shopping Mall, Kelley Park, Happy Hollow Zoo, and local community centers.

Property details

Year built

1962

Property type

Residential Income

Lot size

6,250 sqft

Location

1412 Carnelian Dr • San Jose, CA 95122

More homes for sale and rent in San Jose, CA →

Listing Agent

Tejveer Yadav

DRE #: 01921616

Brokerage: Tejveer Yadav, Broker

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Closed sales reported in 95122, nearest first, last 12 months. All recent sales in San Jose →

CRMLS

MLS# 41151566

Listed: 10/16/2026 5:58 PM

Based on information from the California Regional Multiple Listing Service, Inc. as of 10/17/2026 8:13 PM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

IDX information is provided exclusively for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed. Buyer should independently verify all information.

Listed by: Tejveer Yadav, Broker

Equal Housing Opportunity

Advertising Broker: Nalren Corp (CA DRE #02423715)

Licensed in the state of California

Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.

Residential Income - 1412 Carnelian Dr, San Jose, CA