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Listed by Anchor Property Group Inc
$ 1,495,000
Est. payment | /mo
1,826 SqFt
$ 1,495,000
Est. payment | /mo
1,826 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,826 sqft
Price per Sqft $818
MLS Listing ID ML82038916
HOA Y/N No
Year Built 1980
Lot Size 10,454 Sqft
Property Sub-Type Duplex
Source Datashare MLSListings
Property Description
Exceptional investment opportunity in the heart of Silicon Valley! This well-maintained duplex sits on a generous 10,454 sq ft lot and offers immediate rental income with significant upside potential. Unit 1 features 2 bedrooms, 1 bath, and an attached garage. Unit 2 features 3 beds, 2 baths (1 ground-floor bedroom), and an attached garage. With its oversized lot, this property may have the potential to add up to two additional ADUs of up to 800 sq ft each, subject to the buyer's independent verification of applicable zoning, municipal codes, and permitting requirements. If realized, a fully stabilized 4-unit portfolio on a single parcel could generate estimated gross rents of $10,000+/month. Another strong consideration would be subdividing the existing lot into multiple parcels. Perfectly positioned near Hwy 101, downtown San Jose, and major Silicon Valley employment corridors. Whether you're a seasoned 1031 exchange investor, a house-hacker looking to offset your mortgage, or a long-term buy-and-hold portfolio builder, this is the value-add asset you've been waiting for.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Cooling No Air Conditioning
Flooring Laminate
Fireplace No
Laundry Coin Operated
Building
Water Public
Schools
School District East Side Union High, Franklin-Mckinley Elementary
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