PRICE REDUCED! Seller currently undertaking balcony repairs and will provide SB 721 Compliance at Close of Escrow. 6.14% Current Cap Rate. Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath. Numerous recent upgrades. Copper plumbing, dual pane windows, Square D subpanels - 90 Amp per Unit, disposals in every kitchen, recently replaced water heaters. 100% Occupied & Stable Cash Flow Fully leased with strong tenant demand. Upside potential through unit upgrades and rent growth. Prime East San Jose Location, near top tech employers, schools, and within walking distance of shopping, dining, and medical services. Excellent Transit & Highway Access Near VTA bus lines, Hwy 101, 680, and 280. Close to Recreation 1.2 miles from Lake Cunningham Parks trails and activities. Cross posted with Commercial Multi-Family Class listing: ML81998688
Multi-familyProperty Type
1964Year Built
0.57 acresLot Size
$240Price/Sq.Ft.
21 car garageParking
Listed by Bryan Danforth•DRE #01789680• Compass
Listed by Matthew Thomson•DRE #01471708• Compass
Contact: 650-274-5227
Bought with Bryan Danforth•DRE #01789680• Compass
Bought with Matthew Thomson•DRE #01471708• Compass
bridgeMLS, Bay East AOR, or Contra Costa AOR #ML82000643
Sep 5, 2025
Sold
$4,383,500
$240/sq ft
Sep 5, 2025
Sold
$4,383,500
$240/sq ft
Jul 27, 2025
Pending
—
Jul 27, 2025
Pending
—
Jun 24, 2025
Price Changed
$4,675,000
$256/sq ft
Jun 24, 2025
Price Changed
$4,675,000
$256/sq ft
Jun 15, 2025
Relisted
—
Jun 15, 2025
Relisted
—
May 29, 2025
Pending
—
May 28, 2025
Pending
—
May 3, 2025
Price Changed
$4,750,000
$260/sq ft
May 3, 2025
Price Changed
$4,750,000
$260/sq ft
Apr 2, 2025
Listed
$5,500,000
$301/sq ft
Apr 2, 2025
Listed
$5,500,000
$301/sq ft
+8
PRICE REDUCED! Seller currently undertaking balcony repairs and will provide SB 721 Compliance at Close of Escrow. 6.14% Current Cap Rate. Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath. Numerous recent upgrades. Copper plumbing, dual pane windows, Square D subpanels - 90 Amp per Unit, disposals in every kitchen, recently replaced water heaters. 100% Occupied & Stable Cash Flow Fully leased with strong tenant demand. Upside potential through unit upgrades and rent growth. Prime East San Jose Location, near top tech employers, schools, and within walking distance of shopping, dining, and medical services. Excellent Transit & Highway Access Near VTA bus lines, Hwy 101, 680, and 280. Close to Recreation 1.2 miles from Lake Cunningham Parks trails and activities. Cross posted with Commercial Multi-Family Class listing: ML81998688
MLSListings #ML81998688
Sep 5, 2025
Sold
$4,383,500
$240/sq ft
Sep 5, 2025
Sold
$4,383,500
$240/sq ft
Jul 27, 2025
Pending
—
Jul 27, 2025
Pending
—
Jun 24, 2025
Price Changed
$4,675,000
$256/sq ft
Jun 24, 2025
Price Changed
$4,675,000
$256/sq ft
Jun 16, 2025
Relisted
—
Jun 16, 2025
Relisted
—
Jun 14, 2025
Listing Removed
—
Jun 14, 2025
Listing Removed
—
Jun 13, 2025
Relisted
—
May 16, 2025
Pending
—
May 16, 2025
Pending
—
May 12, 2025
Price Changed
$4,750,000
$260/sq ft
May 12, 2025
Price Changed
$4,750,000
$260/sq ft
Mar 19, 2025
Listed
$5,500,000
$301/sq ft
Mar 19, 2025
Listed
$5,500,000
$301/sq ft
+14
PRICE REDUCED! Seller currently undertaking balcony repairs and will provide SB 721 Compliance at Close of Escrow. 6.14% Current Cap Rate. Unit Mix: (10) 1-Bed/1-Bath, and (12) 2-Bed/1-Bath. Numerous recent upgrades. Copper plumbing, dual pane windows, Square D subpanels - 90 Amp per Unit, disposals in every kitchen, recently replaced water heaters. 100% Occupied & Stable Cash Flow Fully leased with strong tenant demand. Upside potential through unit upgrades and rent growth. Prime East San Jose Location, near top tech employers, schools, and within walking distance of shopping, dining, and medical services. Excellent Transit & Highway Access Near VTA bus lines, Hwy 101, 680, and 280. Close to Recreation 1.2 miles from Lake Cunningham Parks trails and activities. Cross posted with Commercial Multi-Family Class listing: ML81998688
Public Records
Jan 24, 1986
Sold
$1,152,000
$63/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$37,015 (+1.6%)
$3,530,000 + $853,500
$4,383,500
2024
$36,432 (+4.6%)
$437,495 + $1,632,647
$2,070,142
2023
$34,846 (+0.4%)
$428,917 + $1,600,635
$2,029,552
2022
$34,698 (+0.8%)
$420,507 + $1,569,250
$1,989,757
2021
$34,427 (+2.8%)
$412,262 + $1,538,481
$1,950,743
2020
$33,497 (+2.4%)
$404,179 + $1,508,315
$1,912,494
2019
$32,705 (+2.7%)
$400,035 + $1,492,850
$1,892,885
2018
$31,857 (+1.5%)
$392,192 + $1,463,579
$1,855,771
2017
$31,384 (+3.4%)
$376,963 + $1,406,748
$1,783,711
2016
$30,365 (+0.8%)
$376,963 + $1,406,748
$1,783,711
2015
$30,114 (+4.3%)
$369,572 + $1,379,165
$1,748,737
2014
$28,872 (+3.1%)
$356,891 + $1,331,839
$1,688,730
2012
$27,994 (+2.1%)
$355,279 + $1,325,820
$1,681,099
2011
$27,411 (+1.4%)
$348,313 + $1,299,824
$1,648,137
2010
$27,039 (+2.8%)
$341,484 + $1,274,338
$1,615,822
2009
$26,297 (+7.3%)
$338,932 + $1,264,814
$1,603,746
2008
$24,519
$333,077 + $1,242,960
$1,576,037
Tax history for 1500 S White Rd
Year
Property tax
Land + Additions
Assessment*
2025
$37,015 (+1.6%)
$3,530,000 + $853,500
$4,383,500
2024
$36,432 (+4.6%)
$437,495 + $1,632,647
$2,070,142
2023
$34,846 (+0.4%)
$428,917 + $1,600,635
$2,029,552
2022
$34,698 (+0.8%)
$420,507 + $1,569,250
$1,989,757
2021
$34,427 (+2.8%)
$412,262 + $1,538,481
$1,950,743
2020
$33,497 (+2.4%)
$404,179 + $1,508,315
$1,912,494
2019
$32,705 (+2.7%)
$400,035 + $1,492,850
$1,892,885
2018
$31,857 (+1.5%)
$392,192 + $1,463,579
$1,855,771
2017
$31,384 (+3.4%)
$376,963 + $1,406,748
$1,783,711
2016
$30,365 (+0.8%)
$376,963 + $1,406,748
$1,783,711
2015
$30,114 (+4.3%)
$369,572 + $1,379,165
$1,748,737
2014
$28,872 (+3.1%)
$356,891 + $1,331,839
$1,688,730
2012
$27,994 (+2.1%)
$355,279 + $1,325,820
$1,681,099
2011
$27,411 (+1.4%)
$348,313 + $1,299,824
$1,648,137
2010
$27,039 (+2.8%)
$341,484 + $1,274,338
$1,615,822
2009
$26,297 (+7.3%)
$338,932 + $1,264,814
$1,603,746
2008
$24,519
$333,077 + $1,242,960
$1,576,037
*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
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.57 Acres
Year renovated
1964
Sq. Ft.
18,274
Year built
1964
Style
Multi-Family (5+ Unit)
County
Santa Clara County
APN
64712038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
CP
Commercial Pedestrian District
The CP Commercial Pedestrian District is a district intended to support pedestrian-oriented retail activity at a scale compatible with surrounding residential neighborhoods. This district is designed to support the goals and policies of the general plan related to Neighborhood Business Districts. The CP Commercial Pedestrian District also encourages mixed residential/commercial development where appropriate, and is designed to support the commercial goals and policies of the general plan in relation to Urban Villages. This district is also intended to support intensive pedestrian-oriented commercial activity and development consistent with general plan urban design policies.
Meters: Primary Gas, Primary Water, Separate Electric
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Trash Expense: $30,707
Utility Expenses: $20,674
Water Information
Water: Public
Location
School Information
Elementary School: Mt. Pleasant Elementary
Elementary School District: Mt. Pleasant Elementary
Middle School: August Boeger Junior High
High School: Mt. Pleasant High
High School District: East Side Union High
Public facts
Beds: —
Baths: —
Sq. Ft.: 18,274
Stories: 2.0
Lot Size: 0.57 acres
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: 1964
County: Santa Clara County
APN: 64712038
Home facts updated by county records on Aug 21, 2026
Other
Miscellaneous Information
Incorporated: Yes
Around this home
Schools
Mount Pleasant Elementary School
Public K-5 • Assigned • 0.4mi
2/10
August Boeger Middle School
Public 6-8 • Assigned • 0.7mi
5/10
Mt. Pleasant High School
Public 9-12 • Assigned • 0.3mi
4/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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