723 Forestdale Avenue
San Jose, CA 95116
8
Bed
0
Bath
3,381Sqft
5,610Sqft(Lot)
The Downtown SJ Fourplex at 723 Forestdale Avenue presents an exceptional value-add multifamily investment opportunity in the heart of San Jose. The property consists of 4 spacious two-bedroom, one-bathroom apartments totaling approximately 3580 square feet on a 5,610-square-foot parcel. Recent 2026 capital improvements include exterior renovations, plumbing repairs, newly constructed decking, and completion of all required City of San Jose inspections. Ideally located minutes from Downtown San Jose, Highways 680 and 101, shopping, and major employment centers, the property benefits from strong rental demand and excellent long-term fundamentals. Current annual rental income of approximately $90,306 offers substantial upside to an estimated market income of over $110,000 through continued r
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Roof: Composition -
Heating & Cooling
Has Heating: Yes Heating: WallFurnace Has Cooling: Yes
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Building Information
Year Built: 1960Building Area Total: 3381Private Pool: No
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Lot Information
Main Square Feet: 5610 Lot Size Acres: 0.1288 Lot Size Source: Assessor Lot Size Square Feet: 5,610
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Listing Price Information
Listing Price: $1395000
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Tax Information
Parcel Number: 47232009 Annual Tax: $17636
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Parking Information
Parking Total: 8
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Location Information
WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2442 Clyda Drive, San Jose, CA, 95116 | $998,000 | 4 | -- | 1,400 | 16,100 Sqft |
| 2439 Clyda Drive, San Jose, CA, 95116 | $948,000 | 4 | -- | 1,400 | 5,616 Sqft |
| 2151 Lausett Avenue, San Jose, CA, 95116 | $998,000 | 4 | -- | 1,450 | 5,250 Sqft |
| N King Road, San Jose, CA, 95116 | $1,375,000 | -- | -- | -- | -- |
| Eastwood Court, San Jose, CA, 95116 | $1,199,950 | -- | -- | 1,552 | -- |
| Danube Way, San Jose, CA, 95116 | $1,495,000 | 5 | -- | 1,826 | 10,454 Sqft |
| Residentialincome, San Jose, CA, 95116 | $1,250,000 | 7 | -- | 3,420 | 8,381 Sqft |
| Residentialincome, San Jose, CA, 95116 | $1,250,000 | 7 | -- | 3,420 | 8,400 Sqft |
| 1105 Appian Ln, San Jose, CA, 95116 | $1,488,000 | 8 | 4 | -- | 6,120 Sqft |
| 45 22nd Street, San Jose, CA, 95116 | $1,750,000 | 4 | -- | 3,122 | 7,797 Sqft |
Similar Multifamily To 723 Forestdale Avenue
Nearby For Sale
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ByOwner last updated this listing 09/12/2026 @ 11:32
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