720 Dempsey Rd, Milpitas, CA 95035
Property image
Property image
OFF MARKET

720 Dempsey Rd
Milpitas, CA 95035

  • Studio
  • 4,678 sqft (on 0.26 acres)

$2,449,200

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $14,824/mo*
Refinance Your Home

$2,449,200

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $14,824/mo*
Refinance Your Home
Studio
4,678 sqft
(on 0.26 acres)

Local Information

  • Map ViewExplore the area around 720 Dempsey Rd.
  • Schools1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1977
Lot Size
0.26 acres
Living Area
4,678 sqft
Price/Sqft
$524
Parking
Garage

About this House

Opportunity awaits at this Milpitas 4-Plex with tremendous annual income. Each unit features 3 bedrooms, 2 bathrooms and a 2 car garage. Over $150k in annual income with additional upside potential due to no Rent Control in the city of Milpitas. Close proximity to major tech giants and easy access to major highways makes this an excellent investment for future appreciation.
720 Dempsey Rd, Milpitas, CA 95035 is a studio, 4,678 sqft multi-family built in 1977. It last sold for $2,065,000 on Jul 13, 2018. It is currently off market. The Trulia Estimate is $2,449,200, with a rent estimate of $3,338/month.

Home Details for 720 Dempsey Rd

Interior Features

Heating & Cooling
Heating: Forced AirAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: Composition
Parking & Garage
GarageParking: Garage Attached

Property Information

Year Built
Year Built: 1977
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 4

Lot Information

Lot Area: 0.26 acres

Price History for 720 Dempsey Rd

DatePriceEventSource
07/13/2018$2,065,000Sold
MLSListings Inc #ML81698418
05/15/2018$2,199,999PriceChange
Agent Provided
05/08/2018$2,498,999PriceChange
Agent Provided
03/30/2018$2,598,999Listed For SaleAgent Provided
05/29/2002$1,005,000Sold
N/A
10/22/1996$444,000Sold
N/A

Market trends in Milpitas

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.29M
$70.67KMoM
Sale-to-List Price
101.5%
1.8%MoM
Price per sq ft
$774
$35MoM
Available listings
111
2MoM
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Property Tax and Assessment

Year2025
Tax$26,694
Assessment$2,303,543
Home facts updated by county records

Comparable Sales for 720 Dempsey Rd

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
Selwyn Dr, Milpitas, CA
0.52
Multi-Family Home
$1,800,000
04/27/26
2
1
3,795
70 Fanyon St, Milpitas, CA
0.88
Multi-Family Home
$1,520,000
02/20/26
5
2
1,848
255 Fanyon St, Milpitas, CA
1.05
Multi-Family Home
$1,610,000
10/14/25
5
3
2,219
395 Fanyon St, Milpitas, CA
1.17
Multi-Family Home
$1,730,000
04/30/26
5
4
2,219
319 Lynn Ave, Milpitas, CA
1.16
Multi-Family Home
$1,575,000
06/01/26
5
3
2,219
401 Lynn Ave, Milpitas, CA
1.24
Multi-Family Home
$1,725,000
10/07/25
5
3
2,219
603 Penitencia St, Milpitas, CA
1.81
Multi-Family Home
$1,800,000
04/30/26
6
4
1,860
545 Penitencia St, Milpitas, CA
1.71
Multi-Family Home
$566,500
10/17/25
-
3,699
Quincy Sanjose, San Jose, CA
3.34
Multi-Family Home
$2,000,000
06/11/26
2
1
5,114
La Pala Dr, San Jose, CA
4.14
Multi-Family Home
$1,530,000
12/30/25
1
1
3,520

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 720 Dempsey Rd.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Milpitas

At least 438 Trulia users voted on each feature.

  • 89 % Say there are sidewalks

  • 79 % Say it's dog friendly

  • 75 % Say car is needed

  • 66 % Say it's quiet

  • 65 % Say streets are well-lit

  • 63 % Say there's holiday spirit

  • 62 % Say it's walkable to restaurants

  • 62 % Say yards are well-kept

  • 62 % Say people would walk alone at night

  • 59 % Say parking is easy

  • 58 % Say it's walkable to grocery stores

  • 56 % Say kids play outside

  • 55 % Say they plan to stay for at least 5 years

  • 38 % Say neighbors are friendly

  • 29 % Say there's wildlife

  • 25 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Most home welcome the dogs."
    0
    Flag
  • R5mhqr6vqr
    "There are some nearby, transits, buses, and trains both going to within the Santa Clara County and there is a Bart transit center nearby that can go all the way to San Francisco Tracy, and all of that"
    0
    Flag
  • R5mhqr6vqr
    "We live here for more than 2 decades now & my occasional complaint is some loud parties until 3am in our neighbors but it only happens around few times so not really a big deal."
    0
    Flag
  • James Bartman
    "There are 7 stop lights in the 2 miles I drive to work. So it’s only a 5-10minute commute, but a lot of stop and go."
    0
    Flag
  • James Bartman
    "I drive about 5-10 minutes to work on Monday, Tuesday, and Thursday. Traffic is heavy during rush hour, but not as bad as it is on the highways."
    0
    Flag
  • Abdulrahman aboobacker
    " I live in Milpitas around ten years and I like this city to stay more comfortable quiet places "
    0
    Flag
  • Cynthia V.
    "It is a quiet, safe and very kids friendly community. Close to everything, restaurants, stores and highway 237. Close to coyote creek trail "
    3
    Flag
  • Samantha
    "Most neighborhoods in Milpitas are safe and kid-friendly, while the schools are top-notch. There are lush parks here and Milpitas Sports Center provides many amenities. Good childcare is available too."
    0
    Flag
  • Sumsin
    "I've lived in Milpitas for ten years and it's rapidly transforming. The schools are top tier in the newer residential neighborhoods and there's a nice urban+suburban feel to the area. Trader Joe's , Great Mall, and many parks are close by and it's very safe. Only Main Street remains an eyesore."
    0
    Flag
  • Marci M
    "It’s decent taking the 880 fwy but it can get congested. I have even taken the streets some days to and/or from work. With traffic it is about a 25-30 minute commute. Without traffic it is less than 15 minutes."
    6
    Flag
  • Ama1001
    "It’s a nice and quiet neighbourhood. I feel it is safe for children and families. Close to major highways and shopping areas."
    4
    Flag
  • Vasanth K.
    "There is park close by and lot of kids to make friends while playing outdoors . Beware of car breaking by the parks"
    2
    Flag
  • Ama1001
    "My neighbourhood is quiet and safe. It’s a nice place to raise your kids. It is not noisy and it has nice parks. Walking and biking is safe."
    3
    Flag
  • Snvssaikumar
    "Vibrant and modern community. Residential and downtown features are together. Great public transport. VTA, Bart. Great public parking options. Variety of restaurants. Connections to freeways "
    2
    Flag
  • Xavier M. .
    "Milpitas is one of the safest cities in the Bay Area. It's a very diverse community. The schools are good. "
    2
    Flag
  • Nikhil B.
    "There are a lot of dog owners in this area to hang out with. There are also several dog-friendly parks to walk pets. "
    2
    Flag
  • Ashish J.
    "All holidays from Jan till dec including multi culture events and great food around ......................................"
    0
    Flag
  • Yamini P.
    "There are many townhouses which makes a community feeling safe and friendly. There are well maintained parks and people are cordial with others. "
    2
    Flag
  • Engel.cabacungan
    "Great place to rise a family, lots of parks and recreation. Close to everything like malls and restaurants "
    1
    Flag
  • Jessie
    "absolutely nothing. its filling with drug dealers and gang members. there has been two driveby shootings in 2018 alone. there are homeless that sleep in the parks near the schools. we are ready to move away"
    4
    Flag
  • Ramki K.
    "nice parks to take dogs around on leash. Ed Levin Park is one of the three county parks with off leash area. "
    0
    Flag
  • Trulia User
    "It is getting congested due to high rise of new house developments. It seems like they are filling every corner with Homes but not addressing how it affects the traffic."
    2
    Flag
  • Chelsea G. P.
    "Everyone is super friendly and most dog owners know what dog belongs to what house over who lives where, lol. "
    2
    Flag
  • Chelsea G. P.
    "I know my neighbors next door and behind me. I’m on a corner lot & in the summer time parties can go on and no one is bothered "
    0
    Flag
  • Patrick R.
    "Meditation Classes offered at the local public school and the community coming together for farmers markets "
    0
    Flag
  • Ama1001
    "I have living here for over 4 years. It’s nice and quiet and is not too far from highway without the noise."
    0
    Flag
  • Andy S.
    "amazing neighborhood 👍 very good transportation and it's peaceful and calm in the neighborhood..... "
    0
    Flag
  • Efrain E.
    "The founder's fair / carnival happens every year. That's pretty fun. There are Halloween events as well as Easter."
    1
    Flag
  • Contactscb03
    "I know my neighbors and can walk alone as a woman after dark. I can see the foothills so it feels apart from the "City" but close enough to transit."
    0
    Flag
  • Guni.bal
    "Milpitas is sweet little town still developing and now more people then we moved in 1998. Small and nice little town with views of the east hills. "
    0
    Flag
  • Josie P. a. L.
    "People are always walking there dogs. Very dog friendly community. There is also dogs roaming the neighborhood but the pound eventually picks them up. And lots of cats too ☺"
    1
    Flag
  • Josie P. a. L.
    "People are always walking there dogs. Very dog friendly community. There is also dogs roaming the neighborhood but the pound eventually picks them up. And lots of cats too ☺"
    1
    Flag
  • Charles M. D.
    "It’s all cemented for a brisk walk around this neighborhood, atleast that’s how I feel with my feet already being tired as they do, the concrete only makes the reality of fatigue all the more real.. if you ask me, a decent park that’s animal friendly is all my dog & I would ever welcome & need because he’s worth it.."
    1
    Flag
  • Durbhas
    "I've lived in this neighborhood for 15 years and can attest to the fact that it is very safe and great for families with young kids."
    12
    Flag
  • Cshen_99
    "I lived here more than 30 years, it’s so convenient to go anywhere. It has a lots high tech companies also has variety restaurants super market etc."
    0
    Flag
  • Claudine N.
    "Everything is around here within a 4 mike Radius. Great food (and good variety), shopping, companies, light rail, etc."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

29 pet-friendly rentals in Milpitas, CA

Explore by feature - Garage

42 rentals with a garage in Milpitas, CA

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Homes for sale near 720 Dempsey Rd

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Off Market Homes Near 720 Dempsey Rd

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Frequently asked questions about 720 Dempsey Rd

  • What is 720 Dempsey Rd estimated to be worth?
    Trulia's estimated value for 720 Dempsey Rd in Milpitas, CA is $2,449,200.
  • What is the price history for 720 Dempsey Rd?
    720 Dempsey Rd in Milpitas, CA last sold for $2,065,000 in July 2018.
  • Is Milpitas a buyer's or seller's market?
    Milpitas is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Milpitas?
    The median sale price in Milpitas is $1.29M. That is down $70.67K from the prior month.
  • Does 720 Dempsey Rd have air conditioning?
    Yes, 720 Dempsey Rd in Milpitas, CA has air conditioning.