127 Rancho Dr

San Jose, CA 95111

$11,150,000
Last Sold Price
—
Beds
—
Baths
24,804 Sq. Ft.
$450 / Sq. Ft.
24,804
Sq. Ft.
$450
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Sold 10/17/25
Sold 10/17/25
a front view of a house with a yard
a front view of a house with parking
a view of outdoor space yard and porch
a front view of a house with garden
a view of a porch
a view of an empty room with wooden floor and a window
an empty room with wooden floor fireplace and windows
a view of a kitchen with a sink and a refrigerator
a kitchen with a stove and a microwave
wooden floor in an empty room with a window
a view of empty room with wooden floor
a view of an empty walk in closet
a bathroom with a sink a toilet a large mirror a bathtub and shower
an empty room with a window
a view of a room with wooden floor and closet area
a bathroom with a sink vanity and mirror
a bathroom with a shower a toilet and sink
a view of an empty room with wooden floor
a view of a livingroom with a fireplace
a kitchen with a sink stove and cabinets
a kitchen with stainless steel appliances a refrigerator and a sink
a view of an empty room with wooden floor and closet
an empty room with windows and closet
a bathroom with a sink a toilet and shower
a utility room with dryer and washer

Description

Marcus & Millichap is pleased to present Rancho Vista Apartments, a well-maintained 1990-built asset in San Jose, exempt from the city's rent control ordinance. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, updated bathroom vanities, and new dual-pane windows and sliders. The property's modern construction offers desirable features such as private balconies or patios, dedicated parking for every unit, and three newly constructed laundry facilities....Marcus & Millichap is pleased to present Rancho Vista Apartments, a well-maintained 1990-built asset in San Jose, exempt from the city's rent control ordinance. Most units have been recently renovated with luxury vinyl plank flooring, quartz countertops, updated bathroom vanities, and new dual-pane windows and sliders. The property's modern construction offers desirable features such as private balconies or patios, dedicated parking for every unit, and three newly constructed laundry facilities. The property is fully SB-721 compliant and exempt from the San Jose soft story retrofit ordinance. Set on a generous 1.08 acre-parcel, Rancho Vista offers residents exceptional privacy, generous open space, and a true condo-quality living experience in the heart of the Silicon Valley.
  1. Listed by Eymon Binesh • DRE #02060059 • Brokerage DRE #01240999 • Marcus & Millichap • 650-546-1030
  2. Listed by Robert Johnston • DRE #01853816 • Brokerage DRE #01240999 • Marcus & Millichap

Property Details for 127 Rancho Drive

MLS City Name
SAN JOSE
Building Type
Other
Complex Name
Rancho Vista Apartments
Garage Spaces
48
Parking Spaces
48
LISTING UPDATED: 10/17/2025 04:17 PM

Property Details for 127 Rancho Drive

StatusSold
MLS #ML82017954
Days on Compass44
Taxes$161,311 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1990
Lot Size1.08 AC / 47,262 SF
CountySanta Clara County
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Location

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059; Marcus & Millichap, Robert Johnston, DRE #01853816

Sold By Marcus & Millichap, Eymon Binesh, DRE #02060059

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Building Information for 127 Rancho Drive

Stories-Residences-Year Built1990Building Size-Lot Size1.08 AC / 47,262 SF

Payment Calculator

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$69,004 per month

30 year fixed, 6.36% Interest

Principal and Interest

$55,562

Property Taxes

$13,443

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 127 Rancho Drive

Features
Features
  • Fireplace: No
  • Laundry: Washer / Dryer
  • Living SqFt: 24804
  • Pool: No
  • Security Features: None
  • Special Features: Parking
Utilities
  • Cooling: None
  • Heating: Electric, Wall Furnace
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 48
Garage
  • Garage and Parking: Covered Parking, Off-Street Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 30
  • Area Text: South San Jose
  • Restrictions: Pets - Allowed
  • Roof: Tile
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 127
  • Street Name: Rancho
  • Street Suffix: Drive
  • Area ID: 11
Lot / Property Details
Building Information
  • Number of Buildings: 3
  • Structure SqFt: 24804
  • Structure SqFt Source: Assessor
  • Age: 35
Development Information
  • Zoning Detail: R4H
Location Information
  • Parcel Number: 497-07-023
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95111
  • Elementary School District: 457
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: 1.08
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 29
General Information
  • Annual Tax Amount: $161,311
  • Capitalization Rate: 5.11
  • Tenant Expenses: Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Income Includes: Laundry, Parking, Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $19,843
  • Expense Landscape: $4,800
  • Expense Maintenance: $15,000
  • Expense Management: $35,687
  • Expense Trash: $12,741
  • Expenses Other: $20,800
  • Expenses Utility: $33,300
  • Expenses Total: $303,482
  • Operating Expenses Include: Fee - Property Management, Fee - Property Tax, Maintenance, Services - Gardener, Services - Trash Removal, Utilities - Electric
  • Gross Rent Multiplier: 12.51
  • Income Annual Gross: $891,126
  • Income Annual Rental: $883,887
  • Income Gross Scheduled: $918,687
  • Income Other: $34,800
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,499
Unit 2 Information
  • Unit 2 Approx Square Footage: 750
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $1,950
Unit Type 1
  • Unit Type1 Approx SqFt: 950

Property History for 127 Rancho Drive

DateEvent & SourcePriceAppreciation
Oct 17, 2025

Sold

EBRD #ML82017954

$11,150,000—
Oct 17, 2025

Sold

MLSListings #ML82017954

$11,150,000—
Oct 14, 2025

Sold (Public Record)

Public Record #1916333721

$11,150,000

+10.5% / yr

DateEvent & SourcePrice
10/17/2025

Sold

EBRD #ML82017954

$11,150,000
10/17/2025

Sold

MLSListings #ML82017954

$11,150,000
10/14/2025

Sold (Public Record)

Public Record #1916333721

$11,150,000

+10.5% / yr

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 127 Rancho Drive

Taxable ValueLand$5,654,574Additions$3,499,704Total$9,154,278
Tax Record2025$130,954 ($10,913 / month)
Home Facts
Total Finished SqFt24,804 SqFtAbove Grade Finished SqFt24,804 SqFtStories3Lot Size47,262 SqFtStyleMulti-Family Res (5+ Units)Year Built1990ZoningR4HCountySANTA CLARAAPN497-07-023Fireplace TypeHas Fireplace

Schools near 127 Rancho Drive

This home is within Franklin-Mckinley Elementary School District.
Rating
School
Type
Grades
Distance
Captain Jason M. Dahl Elementary School
Public - K to 6
Sylvandale Middle School
Public - 7 to 8
Andrew P. Hill High School
Public - 9 to 12
KIPP Heritage Academy
Charter - 5 to 8
Rating
School
Distance
Captain Jason M. Dahl Elementary School
PublicK to 6

Sylvandale Middle School
Public7 to 8

Andrew P. Hill High School
Public9 to 12

KIPP Heritage Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap, Eymon Binesh, DRE #02060059; Marcus & Millichap, Robert Johnston, DRE #01853816

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.