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$1,950,000

West San Jose Fourplex Investment Opportunity Welcome to 846 Teresa Ct, a well-located fourplex in the highly desirable West San Jose area. This multifamily property offers investors the opportunity to own four units in one of Silicon Valley's most convenient and sought-after locations. Situated on an 8,190 square foot corner parcel, the property encompasses approximately 3,828 square feet and features one spacious 3BD/2BA unit with a 2-car garage, One 2BD/1BA unit with a 2-car garage and two, 2BD/1BA, unit with a shared garage. Situated in the 95117 zip code, the property provides excellent access to major employment centers, shopping, dining, entertainment, and transportation, adding to its appeal for long-term renters. Residents enjoy close proximity to Santana Row and Westfield Valley Fair, offering an exceptional selection of restaurants, retail shops, entertainment, and everyday conveniences. The Stevens Creek Boulevard corridor provides additional shopping, dining, and services just minutes from home. Commuters will appreciate convenient access to I-280, Highway 17/I-880, San Tomas Expressway, and other major South Bay thoroughfares, making travel throughout San Jose, Santa Clara, Campbell, Cupertino, and surrounding Silicon Valley communities easily accessible. DO NOT DISTURB TENANTS

3,828 SqFt. ⋅ 226102366 MLS

846 Teresi Court, San Jose

Listing courtesy of HomeSmart PV and Associates.

$7,250,000

Rare trophy multifamily investment opportunity in the heart of Palo Alto, just blocks from Stanford University and vibrant downtown. Located at 251 Middlefield Rd, this iconic property was originally built in 1915 and completely reimagined in 2019, seamlessly blending historic architecture with modern luxury and high-end construction. The building features seven beautifully renovated residential units, each finished with premium materials and thoughtful design. Interiors include stainless steel appliances, granite countertops, hardwood and tile flooring, skylights, vaulted ceilings, double-pane windows, and designer finishes throughout. Units are equipped with energy-efficient mini-split systems, with select residences offering central heating for year-round comfort. The impressive penthouse residence exceeds 2,000 sq ft, offering three bedrooms, a spacious office, and two bathrooms, while the main ground-floor unit spans over 1,400 sq ft and features two luxurious master suites. Exceptional curb appeal with professional landscaping enhances the property's timeless appeal. The property also includes an approximately 2,868 sq ft finished basement (not included in the official living square footage) with private access, kitchenette, and bathroom, providing excellent value-add potential for additional income or flexible use. Additional amenities include a centralized laundry facility and automated drip irrigation for the landscaped grounds. Most units are currently utilized as corporate housing, driven by strong employment demand from nearby global technology employers including Google, Apple, Meta, and Hewlett-Packard. Fully occupied and ideally positioned, this property offers stable income, strong rental demand, and long-term appreciation potential in one of Silicon Valley's most desirable and supply-constrained markets. A rare opportunity to acquire a fully renovated legacy asset near world-class universities, technology campuses, renowned restaurants, cafes, parks, and premier amenities.

5,939 SqFt. ⋅ 226026984 MLS

251 Middlefield Road, Palo Alto

Listing courtesy of Engel & Volkers Roseville.