OFF MARKET

Off Market Jul 2018 for $2M

$2,550,733

Est. refi paymentEst. refi $6,199/mo

•

4,678

sq ft

720 Dempsey Rd, Milpitas, CA 95035

About this home

Multi-familyProperty Type

1977Year Built

0.26 acresLot Size

$545Est. Price/Sq.Ft.

2 car garageParking

Listed by Enrique Medellin •DRE #01449832 • Paramount Realty Group

Listed by David Llorente •DRE #02037669 • Paramount Realty Group

Contact: 408-217-9864

Bought with David Llorente •DRE #02037669 • Paramount Realty Group

Redfin checked: 2 minutes ago

•Source:MLSListings #ML81698418

Redfin Estimate

$2,550,733

$486K since sold in July 2018$24K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 13.7% higher than the average sale price ($2.24M) of 6 comparable homes.

SOLD JUN 22, 2026
$1,858,000
A
4 beds3 baths1,910 sq ft
292 Falcato Dr, Milpitas, CA 95035
SOLD JUL 3, 2026
$2,000,000
B
8 beds5 baths2,616 sq ft
3592 Minto Ct, San Jose, CA 95132
SOLD APR 30, 2026
$1,730,000
C
5 beds4 baths2,219 sq ft
395 Fanyon St, Milpitas, CA 95035
SOLD JUN 8, 2026
$2,025,000
D
4 beds2.5 baths1,924 sq ft
2115 Pedro Ave, Milpitas, CA 95035
SOLD AUG 10, 2026
$2,250,000
E
5 beds3 baths2,500 sq ft
Undisclosed Address, San Jose, CA 95132
SOLD MAY 28, 2026
$3,602,619
F
4 beds3 baths3,389 sq ft
918 Westridge Dr, Milpitas, CA 95035

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$1,040,820

Est. take-home

List your home with Redfin and save $12,754

Refinance

Est. cash available

Get cash now or lower your monthly rate

Market trends in 95035, CA

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

103.1%

0.9% MoM

Median sale price

$1.3M

$7K MoM

Avg. days on market

15d

1 days MoM

Recently sold homes

131

7 MoM

New listings for sale

OPEN TODAY, 1:30PM TO 4:30PM
$1,298,000
3 beds2 baths1,951 sq ft
1339 Nestwood, Milpitas, CA 95035
OPEN TODAY, 1PM TO 4PM
$1,458,888
3 beds2.5 baths1,528 sq ft
2063 Calle Mesa Alta, Milpitas, CA 95035
EARLY ACCESS
$1,800,000
4 beds3 baths2,074 sq ft
2141 Bliss Ave, Milpitas, CA 95035
OPEN TODAY, 11AM TO 4PM
$1,349,436
3 beds3 baths1,537 sq ft
1325 Lilac Way, Milpitas, CA 95035
OPEN TODAY, 11AM TO 4PM
$1,264,879
3 beds3 baths1,537 sq ft
1321 Lilac Way, Milpitas, CA 95035
NEW 13 HRS AGO
$1,258,976
3 beds3 baths1,537 sq ft
1317 Lilac Way, Milpitas, CA 95035
OPEN TODAY, 12PM TO 7PM
$1,888,888
4 beds3 baths1,822 sq ft
1821 Burley Dr, Milpitas, CA 95035
(415) 841-3886
OPEN TODAY, 11AM TO 4PM
$1,219,703
3 beds3 baths1,537 sq ft
612 Chamise Way, Milpitas, CA 95035
OPEN TODAY, 1PM TO 5PM
$1,049,888
3 beds3.5 baths1,404 sq ft
831 Heavenly Pl, Milpitas, CA 95035
OPEN TODAY, 1PM TO 5PM
$1,680,000
4 beds3 baths1,846 sq ft
1683 Rocky Mountain Ave, Milpitas, CA 95035
See all

Provided by Redfin

Sale history for 720 Dempsey Rd

Date

Event

Price

MLSListings #ML81698418

Jul 13, 2018

Sold

$2,065,000

$441/sq ft

Jun 10, 2018

Pending

—

May 22, 2018

Relisted

—

May 22, 2018

Listing Removed

—

May 15, 2018

Price Changed

$2,199,999

$470/sq ft

May 8, 2018

Price Changed

$2,498,999

$534/sq ft

Mar 29, 2018

Listed

$2,598,999

$556/sq ft

SDMLS #301736190

Jul 13, 2018

Sold

$2,065,000

$441/sq ft

Mar 29, 2018

Listed

$2,199,999

$470/sq ft

+16

Opportunity awaits at this Milpitas 4-Plex with tremendous annual income. Each unit features 3 bedrooms, 2 bathrooms and a 2 car garage. Over $150k in annual income with additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants and easy access to major highways makes this an excellent investment for future appreciation.

SDMLS #301705665

Jul 7, 2016

Listing Removed

—

Nov 9, 2015

Listed

$1,850,000

$395/sq ft

Public Records

May 29, 2002

Sold

$1,005,000

$215/sq ft

Public Records

Oct 22, 1996

Sold

$444,000

$95/sq ft

Public Records

Dec 24, 1980

Sold

$274,700

$59/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$26,694 (+2.1%)

$1,416,595 + $933,018

$2,349,613

2024

$26,141 (+0.3%)

$1,388,819 + $914,724

$2,303,543

2023

$26,063 (+0.4%)

$1,361,588 + $896,789

$2,258,377

2022

$25,950 (+1.5%)

$1,334,891 + $879,205

$2,214,096

2021

$25,575 (+1.8%)

$1,308,717 + $861,966

$2,170,683

2020

$25,129 (+1.2%)

$1,283,056 + $845,065

$2,128,121

2019

$24,838 (+71.0%)

$1,269,900 + $836,400

$2,106,300

2018

$14,526 (+1.3%)

$1,245,000 + $820,000

$2,065,000

2017

$14,340 (+4.2%)

$374,688 + $837,650

$1,212,338

2016

$13,766 (+1.0%)

$374,688 + $837,650

$1,212,338

2015

$13,627 (+2.6%)

$367,342 + $821,226

$1,188,568

2014

$13,278 (−0.4%)

$354,738 + $793,046

$1,147,784

2012

$13,333 (+6.4%)

$353,135 + $789,462

$1,142,597

2011

$12,530 (+1.3%)

$346,211 + $773,983

$1,120,194

2010

$12,374 (+0.4%)

$339,423 + $758,807

$1,098,230

2009

$12,330 (+3.5%)

$336,887 + $753,136

$1,090,023

2008

$11,911

$331,067 + $740,124

$1,071,191

Tax history for 720 Dempsey Rd

Year

Property tax

Land + Additions

Assessment*

2025

$26,694 (+2.1%)

$1,416,595 + $933,018

$2,349,613

2024

$26,141 (+0.3%)

$1,388,819 + $914,724

$2,303,543

2023

$26,063 (+0.4%)

$1,361,588 + $896,789

$2,258,377

2022

$25,950 (+1.5%)

$1,334,891 + $879,205

$2,214,096

2021

$25,575 (+1.8%)

$1,308,717 + $861,966

$2,170,683

2020

$25,129 (+1.2%)

$1,283,056 + $845,065

$2,128,121

2019

$24,838 (+71.0%)

$1,269,900 + $836,400

$2,106,300

2018

$14,526 (+1.3%)

$1,245,000 + $820,000

$2,065,000

2017

$14,340 (+4.2%)

$374,688 + $837,650

$1,212,338

2016

$13,766 (+1.0%)

$374,688 + $837,650

$1,212,338

2015

$13,627 (+2.6%)

$367,342 + $821,226

$1,188,568

2014

$13,278 (−0.4%)

$354,738 + $793,046

$1,147,784

2012

$13,333 (+6.4%)

$353,135 + $789,462

$1,142,597

2011

$12,530 (+1.3%)

$346,211 + $773,983

$1,120,194

2010

$12,374 (+0.4%)

$339,423 + $758,807

$1,098,230

2009

$12,330 (+3.5%)

$336,887 + $753,136

$1,090,023

2008

$11,911

$331,067 + $740,124

$1,071,191

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

—

Baths

—

Stories

Lot width

—

Lot depth

—

Lot size

10,788 Sq. Ft.

Year renovated

1977

Sq. Ft.

4,678

Year built

1977

Style

Multi-Family (2-4 Unit)

County

Santa Clara County

APN

08831065

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 21, 2026.

Multi-Family High Density Residential Zone

The purpose and intent of this zone is to stabilize and protect the residential characteristics of the District and to promote, insofar as compatible with the intensity of land use, a suitable environment for family life.

Permitted uses

Include but are not limited to:

Agriculture
Housing-Multiple units
Housing-Other
Planned unit development (pud)

Nov 15, 2021 • Final

Onl ac

Perform a like-for-like replacement of the condenser, coil, and furnace.

HVAC

Feb 7, 2021 • Final

Onl waterheater

Replace a water heater.

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Parking

Parking Information
Parking Description: Attached Garage
Garage Spaces: 2

Interior

Heating & Cooling Information
Cooling: Central Forced Air
Heating: Central Forced Air

Multi-Unit Information
# of Stories: 2
# of Units in Building (Total): 4
Annual Rental Income: $147,396
Annual Gross Income: $117,917
Gross Rent Multiplier: 14.93
Gross Scheduled Income: $147,396
Other Expenses: $9,260
Total Expenses: $24,707
Vacancy Factor: 20

Unit Type 1 Information
# of Bedrooms: 3
# of Baths (Full): 2
Approx Sq. Ft.: 1,160
Rent: $3,350

Unit Type 2 Information
# of Bedrooms: 3
# of Baths (Full): 2
Approx Sq. Ft.: 1,160
Rent: $2,733

Unit Type 3 Information
# of Bedrooms: 3
# of Baths (Full): 2
Approx Sq. Ft.: 1160
Rent: $3,000

Unit Type 4 Information
# of Bedrooms: 3
# of Baths (Full): 2
Approx Sq. Ft.: 1,160
Rent: $3,200

Exterior

Exterior Features
Roof: Composition

Building Information
# of Buildings: 1
Subclass: Fourplex
Other

Property Features
Living Sq. Ft.: 4,678

Property Information
Tenant Expenses: Services (Trash Removal), Utilities (Electric), Utilities (Water)

Land Information
Landscape Expense: $720

Lot Information
Lot Acres: 0.2595
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Assessor
Zoning: R3

Financial

Tax/Assessment Information
Annual Tax Amount: $13,627

Utilities

Utility Information
Meters: Separate Electric, Separate Gas, Separate Water
Sewer Septic: Sewer (Public)
Utilities: Public Utilities

Water Information
Water: Public

Location

School Information
Elementary School District: Milpitas Unified
High School District: Milpitas Unified

Public facts

Beds: —
Baths: —
Sq. Ft.: 4,678
Stories: 2.0
Lot Size: 10,788 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1977
Year Renovated: 1977
County: Santa Clara County
APN: 08831065

Home facts updated by county records on Aug 21, 2026

Around this home

Schools

Alexander Rose Elementary School

Public K-6 • Assigned • 0.6mi

7/10

Rancho Milpitas Middle School

Public 7-8 • Assigned • 0.6mi

9/10

Milpitas High School

Public 9-12 • Assigned • 2.1mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Local insights from Redfin agents

With inventory increasing and prices is becoming more stable,Milpitas housing market is moving towards balance. Buyers are seeing slightly stronger,Negotiating opportunities, while demands remains high for well priced move-in Reddy homes,Rising...
2 weeks ago • Milpitas
Gagan Singh
Redfin Premier agent
652 deals
Was this helpful?
The Milpitas housing market remains competitive, supported by its top-rated schools, Silicon Valley location, and convenient access to I-680, I-880, and Highway 237. Well-maintained homes in desirable neighborhoods continue to attract strong buyer...
3 weeks ago • Milpitas
Fifi Li
Redfin Premier agent
121 deals
Was this helpful?
Milpitas’ summer market offers balanced opportunities. A seasonal rise in inventory gives buyers more leverage to negotiate, especially on townhomes or properties needing cosmetic updates. However, pristine, turnkey homes still face intense...
2 months ago • Milpitas
Johnny Singh
Redfin Premier agent
146 deals
Was this helpful?
Milpitas continues to be a highly desirable South Bay market, fueled by its proximity to major tech employers, BART, and excellent commuter access. but success today depends less on market timing and more on smart pricing, strategic marketing,...
2 months ago • Milpitas
Khyati Karia
Redfin Premier agent
66 deals
Was this helpful?
Milpitas remains a resilient South Bay market, with increased inventory creating more opportunity for buyers while demand stays solid for well-located homes. Buyers benefit from selection and leverage, while sellers achieve results through precise...
2 months ago • Milpitas
Annu Lakhat
Redfin Premier agent
60 deals
Was this helpful?

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

0.93% chance of being in a wildfire in next 30 years

5/10 Heat Factor

7 days above 93° expected this year, 14 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

14 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Milpitas, CA • 95035

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 11.4 hours in June and 4.8 hours in December, placing it above the U.S. average for solar exposure.

11.4 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$2.42M – $2.93M

Reach more buyers when you sell with Redfin. Save up to $25,507 in fees. 3 minutes to get started.

Get a free, detailed breakdown of how we calculated your estimate.

Nearby similar homes

$998,000

4 beds2 baths1,400 sq ft

2442 Clyda Dr, San Jose, CA 95116

$1,788,000

8 beds4 baths3,492 sq ft

47 Cleveland Ave, San Jose, CA 95128

$1,300,000

4 beds4 baths1,680 sq ft

1073 N 5th St, San Jose, CA 95112

$1,549,000

8 beds4 baths2,320 sq ft

760-762 S 9th St, San Jose, CA 95112

$1,899,000

4 beds4 baths2,804 sq ft

590 Macarthur Ave, San Jose, CA 95128

OPEN TODAY, 12PM TO 2PM

$798,000

3 beds3 baths1,500 sq ft

697 Hamline St, San Jose, CA 95110

New listings for sale in 95035

OPEN TODAY, 1:30PM TO 4:30PM3D WALKTHROUGH

$1,298,000

3 beds2 baths1,951 sq ft

1339 Nestwood, Milpitas, CA 95035

OPEN TODAY, 1PM TO 4PM

$1,458,888

3 beds2.5 baths1,528 sq ft

2063 Calle Mesa Alta, Milpitas, CA 95035

EARLY ACCESSCOMPASS COMING SOON

$1,800,000

4 beds3 baths2,074 sq ft

2141 Bliss Ave, Milpitas, CA 95035

OPEN TODAY, 11AM TO 4PM

$1,349,436

3 beds3 baths1,537 sq ft

1325 Lilac Way, Milpitas, CA 95035

OPEN TODAY, 11AM TO 4PM

$1,264,879

3 beds3 baths1,537 sq ft

1321 Lilac Way, Milpitas, CA 95035

NEW 13 HRS AGO

$1,258,976

3 beds3 baths1,537 sq ft

1317 Lilac Way, Milpitas, CA 95035

OPEN TODAY, 12PM TO 7PM

$1,888,888

4 beds3 baths1,822 sq ft

1821 Burley Dr, Milpitas, CA 95035

(415) 841-3886

OPEN TODAY, 11AM TO 4PM

$1,219,703

3 beds3 baths1,537 sq ft

612 Chamise Way, Milpitas, CA 95035

OPEN TODAY, 1PM TO 5PM3D WALKTHROUGH

$1,049,888

3 beds3.5 baths1,404 sq ft

831 Heavenly Pl, Milpitas, CA 95035

Home values near 720 Dempsey Rd

Data from public records.

Address	Redfin Estimate
710 Dempsey Rd Apartment C, Milpitas, CA 9 Beds \| 6.5 Baths \| 3574 Sq. Ft.	$1,918,506
680 Dempsey Rd Apartment C, Milpitas, CA - Beds \| - Baths \| 3574 Sq. Ft.	$1,973,408

Address	Redfin Estimate
700 Dempsey Rd, Milpitas, CA 9 Beds \| 6.5 Baths \| 3574 Sq. Ft.	$1,793,062
1197 Glacier Dr, Milpitas, CA 3 Beds \| 2 Baths \| 1228 Sq. Ft.	$1,345,079

Address	Redfin Estimate
690 Dempsey Rd, Milpitas, CA - Beds \| - Baths \| 3574 Sq. Ft.	$2,000,593
1263 Aberfeldy Way, Milpitas, CA 3 Beds \| 2 Baths \| 1015 Sq. Ft.	$985,895

Property information provided by MLSListings when last listed in 2018. This data may not match . Learn more.

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

95035 homes for sale
94539 homes for sale
95131 homes for sale
95132 homes for sale
95134 homes for sale

Houses for rent in Milpitas	Agents near me	Irvine, CA homes for sale	Milpitas Housing Market
Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Pasadena, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	Milpitas Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings

Pleasanton homes for sale
San Jose homes for sale
Fremont homes for sale

About this home

Redfin Estimate

Earn from this home

Market trends in 95035, CA

Sale history for 720 Dempsey Rd

Tax history for 720 Dempsey Rd

Public record

Property details

Around this home

Schools

Lifestyle

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 95035

Home values near 720 Dempsey Rd

More real estate resources