18 days on rocket

3711 Underwood Dr, San Jose, CA, 95117

$1,888,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,358 SqFt
$562/SqFt
Multi
Schools Nearby

Location

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3711 Underwood Dr, San Jose$1,888,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingCarport, Uncovered
Year Built1962
HeatingWall Furnace
MLS #ML81965617
Lot Size0.16 Acres
StatusActive

About 3711 Underwood Dr

We are pleased to present the opportunity to acquire 3711 Underwood Dr in West San Jose. This premium four (4) unit apartment building is located in a highly coveted neighborhood near Santana Row with strong upside in rents. Situated in a top Bay Area housing market, this property presents an excellent investment opportunity for those seeking steady rental income and appreciation. It is a pride-of-ownership asset that also offers owner-occupancy potential. Constructed in 1962, the property features a great unit mix with (1) three-bedroom/two-bathroom unit and (3) two-bedroom/one-bathroom units, amounting to a building square feet of 3,358 on 7,015 square feet of land. The units feature new fencing, patios/backyards, on-site laundry, and more. The property is in close proximity to major tech employers including Apple, Nvidia, and Netflix. Finally, it is less than a 10 minute drive to Westgate Mall and also features easy access to San Tomas Expressway, and Highways 880, 280, and 17.

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2
  • Living Area: 3,358 SqFt

Listing Office:

  • Office Name: Magnify Real Estate
  • Office Phone: (877) 776-7718
  • Listing Agent: Amit Urban

Exterior Features

Parking Information:

  • Parking: Carport, Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

School Info

Assigned Schools Information:

  • Prospect High School, Public District Grades 9-12

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,888,000
  • Price Per SqFt: $562/SqFt

Tax Information:

  • Annual Amount: $16,241
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Jose, CA.

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San Jose, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$856

Avg. Days On Market

13

# of Sold Homes

642

3711 Underwood Dr vs San Jose

18 DAYS ON ROCKET

+5 Days

$1,888,000

+$510.6K More

$562/SqFt

-$294 Less

KEY TAKEAWAY

This property is $510.6K more than the Median Sold Price and $294/SqFt less than other homes in San Jose, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81965617

Listing Office:

  • Office Name: Magnify Real Estate
  • Office Phone: (877) 776-7718
  • Listing Agent: Amit Urban

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/1/2024, 10:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2012Home Sold
$875,000
Feb 27, 2009Home Sold
$712,500
Nov 14, 2003Home Sold
$795,000

Tax History

YEARPROP. TAXASSESSMENT
2021$16,241$995,435
2020$16,241$985,229
2019$15,193$965,911
2018$15,194$946,973
2017$14,980$928,406

History based on county public records data.

Payment Calculator

$9,490

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,727

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-6768679
7
/10

  • Prospect High School

  • 18900 Prospect Rd

  • 2.30 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $71,635. The most common annual income of people living in San Jose, CA is between $35k-100k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Santa Clara County›San Jose›95117›3711 Underwood Dr

This home is located at 3711 Underwood Dr in San Jose, CA and zip code 95117 in the Blackford neighborhood. This 3,358 square foot home, which was built in 1962, sits on a 0.16 acre lot. It has been listed on Rocket Homes since May 15, 2024 and is currently priced at $1,888,000.

In May 2024 more than 496 listings in San Jose, CA were sold above the asking price. During the same period more than 37 listings were sold at asking price, while more than 78 were sold below. The number of homes for sale in San Jose, CA increased by 15.2% between April 2024 and May 2024. In May 2024, listings were on the market for 13 days. During the same period, the median list price in this real estate market was $1,377,334.

From Rocket Homes Real Estate and based on county public records data.

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