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$1,588,000
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Property Description
Back on the market! Fully rented 4-unit investment opportunity with upside potential. This well-maintained building is a great addition to any investors portfolio, offering consistent rental demand, long-term tenants, and room to grow your profits. Property Highlights ** Unit Configuration: Four 2-bed/1-bath unitsideal for owner-occupiers or investors ** Well-Maintained Community - Privately run HOA ensures clean, well-kept grounds; assigned carports plus extra parking; shared laundry facility; tenant-enjoyed balconies/patios ** Prime Convenience - Close to major employers, shopping, dining, schools, churches, and public transitperfect for families and high occupancy rates ** Value-Add Potential - Some units need cosmetic upgrades, presenting an opportunity to raise rents and boost profitability This property is a solid investment for seasoned investors or first-time buyers entering the multi-family market.
Full Property Details
Full Property Details for 450 Lewis Rd
General
- Price: $1,588,000
- HOA FEE: $1,288
- Status: Active
- Type: Multi-Family
- Source: RE_Infolink
- MLS ID: ML81991369
- Updated: 12/31/2025
- Added to Site: 359 day(s) ago
Interior
- Interior Features: None
- Flooring: Laminate
Additional Information
- Extras: Not Applicable
- Security/Safety: None
Parking
- Parking Features: Assigned Spaces
Location
- Area: South San Jose
- County: Santa Clara
Heating & Cooling
- Cooling Type: Window / Wall Unit
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- Telecomm.: None
- Utility Description: Individual Electric Meters, Individual Gas Meters
- Metering: Master Water
Structural Information
- Foundation: Concrete Slab
- Roof: Shingle
- Disability Access: None
- Square Feet: 3,328
- Year Built: 1962
Unit Information
Unit 1
- Square Feet: 832
- Bedrooms: 2
Unit 2
- Square Feet: 832
- Bedrooms: 2
Unit 3
- Square Feet: 832
- Bedrooms: 2
Unit 4
- Square Feet: 832
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.2283
- Minimum Lot Size: 9945
- Lot Size (Sq. Ft.): 9,945
- Building Sites: 1
- Zoning: R3H
Financial Considerations
- Association Fee: Yes
- Association Fee: $1,288
Listed by NextHome Axis Realty, Melinda Collins
Get Pre-Approved Today
Schools
Schools serving 450 Lewis Rd
| Name | Grades | Distance |
|---|---|---|
Captain Jason M. Dahl Elementary School 3200 Water Street, San Jose, CA 95111 | K-6 | 0.5 mi |
Sylvandale Middle School 653 Sylvandale Avenue, San Jose, CA 95111 | 7-8 | 1 mi |
Andrew P. Hill High School 3200 Senter Road, San Jose, CA 95111 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 450 Lewis Rd
Date
Details
Price
Change
Source
12/31/2025
Price Reduced
$1,588,000
-4.8%
MLS
12/11/2025
Price Reduced
$1,668,000
-1.18%
MLS
9/10/2025
Price Reduced
$1,688,000
-2.88%
MLS
8/06/2025
Price Reduced
$1,738,000
-2.36%
MLS
1/22/2025
Listed
$1,780,000
519.13%
MLS
3/20/1990
Sold
$287,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 450 Lewis Rd
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,892
4%
$668,715
2%
2024
$10,498
2%
$655,604
2%
2023
$10,316
2%
$642,750
2%
2022
$10,122
1%
$630,148
2%
2021
$10,052
2%
$617,795
1%
2020
$9,824
4%
$611,461
2%
2019
$9,454
—
$599,473
2%
2018
$9,447
-13%
$587,719
-15%
2017
$10,867
28%
$693,093
29%
2016
$8,520
2%
$538,642
2%
2015
$8,319
3%
$530,552
2%
2014
$8,056
—
$520,160
—
2013
$8,063
—
$517,810
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 450 Lewis Rd
450 Lewis Rd, San Jose, CA 95111 (MLS# ML81991369) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 450 Lewis Rd is currently listed for $1,588,000 and was received on January 22, 2025. Want to learn more about 450 Lewis Rd? Do you have questions about finding other Multi-Family real estate for sale in San Jose? You can browse all San Jose real estate or contact a Coldwell Banker agent to request more information.

