Listed 25 days ago · August 6, 2026 | MLS# ML82056853
$418/sqft -47% vs San Jose avg
What this means: Priced below the San Jose per-sqft average. Compare to recent sales below for context.
Est. $9,577/moP&I $7,757 · Tax $1,557 · Insurance $262 · HOA $0Assumes 20% down ($299,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in San Jose, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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0 Bed / 0 Bath / 3,575 sqft on 5,610 sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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Listed at $1.5M vs City Average $1.3M
$418/sqft compared to San Jose avg $792/sqft (-47.2%).
Best fit forActive BuyersSan Jose SearchersMove-Up / Move-In
About This Home
The Downtown SJ Six-Plex at 749 Forestdale Avenue presents an exceptional value-add multifamily investment opportunity in the heart of San Jose. The property consists of six spacious one-bedroom, one-bathroom apartments. Recent 2026 capital improvements include exterior renovations, plumbing repairs, newly constructed decking, a renovated laundry facility, 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 $112,480 offers substantial upside to an estimated market income of over $158,000 through continued rent growth and operational improvements. Offered at $1,495,000, the asset features a projected pro forma capitalization rate of approximately 8.06%, providing investors with a rare opportunity to acquire a well-maintained property offering both stable in-place cash flow and significant future appreciation potential. (Listing photos enhanced/ edited with AI)
MLS ID #ML82056853, Nick Oliver. Listing provided by Redwood Property Company · MLSListings Inc.
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Property Details
Property Type
FiveOrMoreUnits
Year Built
1960
Bedrooms
0
Bathrooms
0 Full
Living Area
3,575 sqft
Lot Size
5,610 sqft
Garage
N/A
Price/sqft
$418
County
SantaClara
MLS Number
ML82056853
Status
Active
Stories
N/A
HOA
None
Interior Features
WallFurnace
Exterior & Lot
Composition Roof0.13 Acres
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
729 Forestdale AVE, San Jose, CA 95116 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $418/sqft vs San Jose avg $792/sqft (47.2% below).
$Sale-to-list: San Jose homes selling at 101.0% of asking.
⏲Velocity: City avg 33 days. This home: 25 days.
🏠Inventory:0 0-bedroom homes currently available in San Jose.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
Buyers and sellers researching SouthSanJose in San Jose will find 729 Forestdale AVE to be a strong reference point. Listed at $1,495,000, this 0-bed, 0-bath home sits in a market where comparable properties average $792 per square foot. Homes in San Jose (95116) are currently averaging 33 days on market.
0-Bedroom Homes for Sale in San Jose 95116
Browse 0-bedroom home listings in the SouthSanJose area of San Jose. Properties in 95116 are currently averaging $792 per square foot with 33 days on market.
What to Expect When Buying in SouthSanJose
The SouthSanJose market in San Jose features a mix of home properties ranging from starter homes to luxury estates. Current inventory levels suggest moderate conditions for buyers in this area.
Listed at $1,495,000 ($418/sqft). San Jose avg is $792/sqft, placing this 47.2% below. Comparable recent sales help frame the value.
Listed 25 days (as of August 6, 2026). San Jose average is 33 days.
Est. $9,577/mo with 20% down ($299,000) at 6.75%. Includes principal & interest ($7,757), property tax ($1,557), and insurance ($262). HOA: None. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 1452 active listings in San Jose (0 are 0-bedroom). At $1,495,000 this is positioned against the city average of $1,299,426. Similar homes have sold at 101.0% of asking.
0-bedroom homes in San Jose (95116) are currently averaging $792 per square foot. Market activity shows homes spending an average of 33 days on market in this area.
729 Forestdale AVE in San Jose is currently listed at $1,495,000. This 0-bedroom, 0-bathroom home is located in the SouthSanJose area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Aug 31, 2026 8:45 AM PT. 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. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Aug 31, 2026 8:45 AM PT | Source: MLSListings Inc.
All content on this page is the property of Aegis Luxury Real Estate (DRE# 01328224). Automated scraping, downloading, or republication is strictly prohibited.
729 Forestdale AVE$1,495,0000 bd · 0 ba · 3,575 sqft
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