450 Lewis Road

Sold 5/15/26
Sold 5/15/26
Gallery Image 1
Sold
Last Sold Price
$1,325,000
3,328 sqft$398/sqft
450 Lewis Rd, San Jose, CA 95111
Multi FamilyProperty Type
9,945 sq ftLot Size
1962Year Built
$398/sq ftPrice per sq ft
$108HOA Fees
2 carsParking Spaces

Description

Motivated sellers. Submit an offer subject to inspection. Fully rented 4-unit investment opportunity with upside potential. The property needs some TLC, but it is located in an area with consistent rental demand, long-term tenants, and room to grow profits. Property Highlights Unit Configuration: Four 2-bedroom, 1-bath units, ideal for investors and possible owner-occupant interest, subject to current tenancy. Well-Maintained Community: Privately managed HOA with clean, well-kept grounds, assigned...Motivated sellers. Submit an offer subject to inspection. Fully rented 4-unit investment opportunity with upside potential. The property needs some TLC, but it is located in an area with consistent rental demand, long-term tenants, and room to grow profits. Property Highlights Unit Configuration: Four 2-bedroom, 1-bath units, ideal for investors and possible owner-occupant interest, subject to current tenancy. Well-Maintained Community: Privately managed HOA with clean, well-kept grounds, assigned carports, additional parking, and a shared laundry facility. Prime Convenience: Close to major employers, shopping, dining, schools, churches, and public transit, making it attractive for tenants and supportive of strong occupancy. This property is a solid investment opportunity for seasoned investors or first-time buyers entering the multifamily market.
  • Listed by: Melinda Collins DRE #01178494 Brokerage DRE #02198676 • NextHome Axis Realty 408-854-0828
  • Listed by: Meggie Collins DRE #02229230 Brokerage DRE #02198676 • NextHome Axis Realty
Listing closed: 05/15/2026 12:00 AM • Source: MLSListings, MLS#: ML82039715
Get preapproved with Rocket Mortgage1

Location

Listing Courtesy of NextHome Axis Realty, Melinda Collins, DRE #01178494; NextHome Axis Realty, Meggie Collins, DRE #02229230

Sold By NextHome Axis Realty, Meggie Collins, DRE #02229230

Add your commute

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$7,734 per month

30 year fixed, 6.55% Interest

Principal and Interest

$6,735

Property Taxes

$891

HOA Dues

$108

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 450 Lewis Road

Property Details
  • Taxes: $10,695 / year
  • MLS Type: RESIDENTIAL INCOME / Fourplex
  • County: Santa Clara County
  • MLS City Name: SAN JOSE
  • Building Type: FOURPLEX
  • Garage Spaces: 0
  • Parking Spaces: 2
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1962
  • Lot Size: 0.23 AC / 9,945 SF
Features
Features
  • Amenities: None
  • Communications: None
  • Fireplace: No
  • Flooring: Laminate
  • Living SqFt: 3328
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Assigned Spaces
Property Details
Homeowners Association
  • HOA Exists: 1
  • HOA Fee: $108
Property Details
  • Area Text: South San Jose
  • Roof: Shingle
  • Subclass: Fourplex
  • Year Built Source: Assessor
  • Street Number: 450
  • Street Name: Lewis
  • Street Suffix: Road
  • Area ID: 11
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3328
  • Structure SqFt Source: Assessor
  • Age: 64
Development Information
  • Zoning Detail: R3H
Location Information
  • City Limits: Yes
  • Parcel Number: 497-27-004
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95111
  • Elementary School District: 482
  • High School District Text: East Side Union High
Lot Information
  • Foundation: Concrete Slab
  • Horse Property: No
  • Lot Acres: .23
  • 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: 4
General Information
  • Annual Tax Amount: $10,695
  • Building Unit Total: 4
  • Capitalization Rate: 4.85
  • Tenant Expenses: Rent Only, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,861
  • Expense Landscape: $1,800
  • Expense Maintenance: $3,600
  • Expense Management: $5,436
  • Expense Trash: $2,046
  • Expenses Other: $875
  • Expenses Utility: $6,235
  • Expenses Total: $33,548
  • Operating Expenses Include: Maintenance, Services - Gardener
  • Gross Rent Multiplier: 14.26
  • Income Annual Gross: $108,720
  • Income Annual Rental: $108,720
  • Income Gross Scheduled: $108,720
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 832
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,170
Unit 3 Information
  • Unit 3 Approx Square Footage: 832
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 2
  • Unit 3 Rent: $2,590
Unit 4 Information
  • Unit 4 Approx Square Footage: 832
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 2
  • Unit 4 Rent: $2,300
Unit Type 1
  • Unit Type1 Approx SqFt: 832

Property History for 450 Lewis Road

DateEvent & SourcePriceAppreciation
May 15, 2026

Sold

EBRD #ML82039715

$1,325,000—
May 15, 2026

Sold

MLSListings #ML82039715

$1,325,000—
May 4, 2026

Sold (Public Record)

Public Record #1938844937

$1,350,000

+22.0% / yr

DateEvent & SourcePrice
05/15/2026

Sold

EBRD #ML82039715

$1,325,000
05/15/2026

Sold

MLSListings #ML82039715

$1,325,000
05/04/2026

Sold (Public Record)

Public Record #1938844937

$1,350,000

+22.0% / yr

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

Public Records for 450 Lewis Road

Taxable ValueLand$329,953Additions$352,135Total$682,088
Tax Record2025$10,892 ($908 / month)
Home Facts
Baths4Total Finished SqFt3,328 SqFtAbove Grade Finished SqFt3,328 SqFtStories2Lot Size9,945 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962Year Renovated1962ZoningR3HCountySANTA CLARAAPN497-27-004

Schools near 450 Lewis Road

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.

Similar Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Axis Realty, Melinda Collins, DRE #01178494; NextHome Axis Realty, Meggie Collins, DRE #02229230

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.