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$1,950,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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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.

Full Property Details for 551 Northlake Dr

General

  • Price: $1,950,000
  • Status: Active
  • Type: Multi-Family
  • Source: RE_Infolink
  • MLS ID: ML82031091
  • Updated: 1/14/2026
  • Added to Site: 4 day(s) ago

Interior

  • Flooring: Carpet, Laminate

Additional Information

  • Extras: Not Applicable
  • Security/Safety: None

Parking

  • Parking Features: Carport

Location

  • Area: Campbell
  • County: Santa Clara
  • Cross Streets: Kiely Blvd

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Water on Site
  • Utility Description: Other
  • Metering: None

Structural Information

  • Foundation: Concrete Slab
  • Roof: Composition
  • Disability Access: None
  • Square Feet: 2,992
  • Year Built: 1960

Unit Information

Unit 1

  • Square Feet: 750
  • Bedrooms: 2

Unit 2

  • Square Feet: 750
  • Bedrooms: 2

Unit 3

  • Square Feet: 750
  • Bedrooms: 2

Unit 4

  • Square Feet: 750
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.15
  • Minimum Lot Size: 6535
  • Lot Size (Sq. Ft.): 6,535
  • Building Sites: 1
  • Zoning: R3

Listed by Intero Real Estate Services, Valerie Lam

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Listing agent

— 551 Northlake Dr —

  • Valerie Lam

    Intero Real Estate Services

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 551 Northlake Dr

School Districts:Campbell Union Elementary School District, Campbell Union High School District
NameGradesDistance
Lynhaven Elementary School
881 Cypress Avenue, San Jose, CA 95117
K-50.6 mi
Monroe Middle School
1055 South Monroe Street, San Jose, CA 95128
6-81.4 mi
Del Mar High School
1224 Del Mar Avenue, San Jose, CA 95128
9-122.4 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 551 Northlake Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/14/2026
Listed
$1,950,000
20.37%
MLS
7/08/2020
Sold
$1,620,000
—
Public Record
Get Price Alerts and Save Property
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 for 551 Northlake Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$23,493
3%
$1,753,538
2%
2024
$22,708
2%
$1,719,156
2%
2023
$22,278
1%
$1,685,448
2%
2022
$22,109
2%
$1,652,400
2%
2021
$21,716
45%
$1,620,000
50%
2020
$14,997
1%
$1,083,363
2%
2019
$14,835
3%
$1,062,122
2%
2018
$14,441
1%
$1,041,297
2%
2017
$14,260
6%
$1,020,880
2%
2016
$13,455
2%
$1,000,864
2%
2015
$13,245
8%
$985,831
6%
2014
$12,267
7%
$926,000
9%
2013
$11,469
—
$850,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Intero Real Estate Services, Valerie Lam

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551 Northlake Dr, San Jose, CA 95117 (MLS# ML82031091) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 551 Northlake Dr is currently listed for $1,950,000 and was received on January 14, 2026. Want to learn more about 551 Northlake Dr? 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.

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