2949-2951 Driftwood Dr, San Jose, CA, 95128
About This Home
Strong Income Opportunity with Multiple Revenue Streams in Prime Location! Attractive investment opportunity featuring multiple units and income potential, with additional upside. Includes two established units plus a versatile bonus space, offering flexible options for rental income, extended occupancy, or value-add use. Projected rents support a compelling cap rate. All units are in excellent condition with consistent maintenance and thoughtful upgrades, minimizing near-term capital expenditures and supporting stable tenancy. Interior features include hardwood flooring, remodeled kitchen and baths, and updated systems enhancing durability and tenant appeal. Outdoor amenitiesincluding a private courtyard, outdoor kitchen, and fire pitadd desirability and potential for premium rents. Additional highlights include flexible bonus space and rare stand-up attic storage. Located in a high-demand rental area, this is ideal for investors seeking reliable cash flow with upside, or an owner-occupant looking to offset expenses while building long-term equity.
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1965
Materials
- Foundation: Concrete Perimeter
- Roof: Composition, Shingle
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence,Residential
Interior
Appliances
- Appliances included: Dishwasher
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Dining Room
- Features: DiningArea
Family Room
- Features: KitchenFamilyRoomCombo, SeparateFamilyRoom
Features
- Door features: None
Heating & Cooling
- Heating features: Central Forced Air Gas
- Cooling features: Central Air
Interior Area
- Total structure area: 3,342
- Total interior livable area: 3,342 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 27926008
- Attached to another structure: Yes
- Zoning: RM
- Special condition: Standard
Features
- Stories: 1
Lot
- Lot size: 7,800 sqft
Parking
- Total spaces: 4
- Parking features: Attached
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Santa Clara County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,997 | $131,964 |
| Home Insurance * | $187 | $2,244 |
| Property Taxes | $1,232 | $14,784 |
| Electricity | $716 | $8,599 |
| Total | $13,132 | $157,584 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-02 | Price change | $2,175,000 |
| 2026-03-28 | Listed for sale | $2,288,000 |
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