2949-2951 Driftwood Dr, San Jose, CA 95128

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$1,988,000

bedrooms

bathrooms

square feet

3,342

Acreage

Open Houses

year built

1965

Full Baths

Half Baths

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Exceptional Multi-Generational Living & Investment Opportunity in Prime Location! Offering flexibility, functionality, and strong income potential, this unique property is ideal for multi-generational living, owner-occupants seeking supplemental income, or investors looking for multiple revenue streams and long-term upside. Featuring two established units plus a versatile bonus space, the property offers flexible options for extended family living, rental income, guest quarters, work-from-home needs, or value-add opportunities. Projected rents support a compelling cap rate. All units have been consistently maintained and thoughtfully upgraded, minimizing near-term capital expenditures while enhancing long-term desirability. Outdoor amenities including a private courtyard, outdoor kitchen, and fire pit create an inviting environment for entertaining, relaxing, and extended living, while also supporting premium rental appeal. Additional highlights include flexible bonus space and rare stand-up attic storage. Located in a highly desirable rental area, this property presents an exceptional opportunity for investors seeking stable cash flow and upside potential, or for buyers looking to create a dynamic multi-generational lifestyle while building long-term equity.

Location
Subdivision	-
County	Santa Clara
Elementary School	-
Middle School	-
High School	-

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Open houses

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MLS number: ML82038678

Listing agent: Kelly Ray

Listing broker: Coldwell Banker Realty (408) 723-3300

Last update: Monday, June 1 2026 at 10:07 a.m. EDT

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