Magnify is pleased to present the opportunity to acquire 428 Lewis Road in San Jose. Constructed in 1973, the property consists of (4) 2BD/1BA units with strong in-place rents, amounting to a building square footage of 3,328 on a large 11,475 square foot corner lot (0.26 acres). Several units have interior upgrades and the property features a spacious common area courtyard, private patios for the upstairs units, and assigned carport parking. The property is centrally located in San Jose with strong rental demand and close proximity to San Jose State University, downtown San Jose, and top tech employers including Adobe HQ and Zoom. It also features easy access to Almaden Expressway and Highways 101, 87 and 280.
Multi-familyProperty Type
1962Year Built
0.26 acresLot Size
$498Est. Price/Sq.Ft.
2 spacesParking
Listed by David Katz•DRE #01971921• Magnify Real Estate
Contact: 408-758-0718
Bought with Kyle De Mattei•DRE #02146792• Magnify Real Estate
Great investment! All units recently remodeled with updated kitchen cabinets, granite counter tops and tile floors. Second floor units have new living room wood laminate floors and new wall to wall bedroom carpets. Separately metered utilities along with on site laundry. Property includes a 4 car carport and 2 additional parking spaces.
SDMLS #301774477
May 2, 2012
Sold
$677,000
$203/sq ft
Mar 28, 2012
Listed
$639,000
$192/sq ft
Great investment! All units recently remodeled with updated kitchen cabinets, granite counter tops and tile floors. Second floor units have new living room wood laminate floors and new wall to wall bedroom carpets. Separately metered utilities along with on site laundry. Property includes a 4 car carport and 2 additional parking spaces.
Great investment! All units recently remodeled with updated kitchen cabinets, granite counter tops and tile floors. Second floor units have new living room wood laminate floors and new wall to wall bedroom carpets. Separately metered utilities along with on site laundry. Property includes a 4 car carport and 2 additional parking spaces.
MLSListings #ML80903909
Oct 2, 2009
Sold
$600,000
$180/sq ft
Sep 1, 2009
Contingent
—
Apr 16, 2009
Price Changed
$648,000
$195/sq ft
Jan 23, 2009
Listed
$690,000
$207/sq ft
Public Records
Dec 11, 1989
Sold
$287,500
$86/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$20,830 (+2.7%)
$1,061,208 + $424,483
$1,485,691
2024
$20,292 (+58.6%)
$1,040,400 + $416,160
$1,456,560
2023
$12,794 (+2.0%)
$1,020,000 + $408,000
$1,428,000
2022
$12,542 (+0.4%)
$416,506 + $418,922
$835,428
2021
$12,489 (+2.2%)
$408,340 + $410,708
$819,048
2020
$12,217 (+4.0%)
$400,334 + $402,655
$802,989
2019
$11,751
$396,230 + $398,527
$794,757
2018
$11,754 (+1.3%)
$388,461 + $390,713
$779,174
2017
$11,604 (+5.3%)
$373,378 + $375,542
$748,920
2016
$11,024 (+2.3%)
$373,378 + $375,542
$748,920
2015
$10,772 (+2.8%)
$366,057 + $368,179
$734,236
2014
$10,481 (+13.8%)
$353,497 + $355,546
$709,043
2012
$9,210 (+0.6%)
$351,900 + $353,940
$705,840
2011
$9,151 (+1.7%)
$268,200 + $327,800
$596,000
2010
$8,999 (+34.1%)
$272,033 + $332,484
$604,517
2009
$6,713 (+7.6%)
$270,000 + $330,000
$600,000
2008
$6,236
$140,758 + $261,917
$402,675
Tax history for 428 Lewis Rd
Year
Property tax
Land + Additions
Assessment*
2025
$20,830 (+2.7%)
$1,061,208 + $424,483
$1,485,691
2024
$20,292 (+58.6%)
$1,040,400 + $416,160
$1,456,560
2023
$12,794 (+2.0%)
$1,020,000 + $408,000
$1,428,000
2022
$12,542 (+0.4%)
$416,506 + $418,922
$835,428
2021
$12,489 (+2.2%)
$408,340 + $410,708
$819,048
2020
$12,217 (+4.0%)
$400,334 + $402,655
$802,989
2019
$11,751
$396,230 + $398,527
$794,757
2018
$11,754 (+1.3%)
$388,461 + $390,713
$779,174
2017
$11,604 (+5.3%)
$373,378 + $375,542
$748,920
2016
$11,024 (+2.3%)
$373,378 + $375,542
$748,920
2015
$10,772 (+2.8%)
$366,057 + $368,179
$734,236
2014
$10,481 (+13.8%)
$353,497 + $355,546
$709,043
2012
$9,210 (+0.6%)
$351,900 + $353,940
$705,840
2011
$9,151 (+1.7%)
$268,200 + $327,800
$596,000
2010
$8,999 (+34.1%)
$272,033 + $332,484
$604,517
2009
$6,713 (+7.6%)
$270,000 + $330,000
$600,000
2008
$6,236
$140,758 + $261,917
$402,675
*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
Permits
Beds
—
Baths
4
Stories
2
Lot width
—
Lot depth
—
Lot size
0.27 Acres
Year renovated
1962
Sq. Ft.
3,328
Year built
1962
Style
Multi-Family (2-4 Unit)
County
Santa Clara County
APN
49727001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
Jun 26, 2017 • Final
Multiple attached dwellings
Roofing
Jun 15, 2017 • Final
Multiple attached dwellings
HVAC
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.
Meters: Primary Electric, Primary Gas, Primary Water
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Trash Expense: $2,676
Utility Expenses: $4,804
Water Information
Water: Public
Location
School Information
Elementary School District: Franklin-McKinley Elementary
High School District: East Side Union High
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 3,328
Stories: 2.0
Lot Size: 0.27 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1962
Year Renovated: 1962
County: Santa Clara County
APN: 49727001
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
Captain Jason M. Dahl Elementary School
Public K-6 • Assigned • 0.5mi
3/10
Sylvandale Middle School
Public 7-8 • Assigned • 1.0mi
4/10
Andrew P. Hill High School
Public 9-12 • Assigned • 0.6mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
29 single family homes sold in June in South San Jose, median sales price was $1.08 M, median days on market was 14, with a list to sales price ratio of 105%, an avg sale price/sqft was $779. A year ago there were 20 homes sold with a median sales...
San Jose's late summer market remains incredibly dynamic! While median prices hold steady around $1.5M, homes average 15 days on market, giving buyers a bit of breathing room on older properties. Yet, pristine turnkey gems still spark bidding wars....
San Jose's housing market continue to offer opportunities for both buyers and sellers. Rising inventory gives Buyar more choices and negotiating flexibility, while strong demand for well priced homes helps seller attract, qualified, buyers, maintain...
competitive pricing, and achieve successful sales.
The San Jose housing market remains slightly in favor of sellers. While about 16% of active listings have seen price reductions as sellers adjust expectations, demand remains strong in popular neighborhoods like Willow Glen, Almaden Valley, and...