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),… Read More 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. Read Less
Listed by: Anchor Property Group Inc, Luan Nguyen 650-750-8888
Listing Snapshot
Days Online
1
Last Updated
Property Type
Duplex
Square Ft.
1,826
Lot Size
0.24 Acres
Year Built
1980
MLS Number
ML82038916
30 Days Snapshot Of 95116
$883k
-4%
(avg) sold price
9
+200%
homes sold
16
-81%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Max Area: 10454.00, Max Area Units: Square Feet
Unit One
2 bedrooms in unit 1, Unit 1: approximately 730 square feet, Unit 1 rent: $2,500
Unit Two
3 bedrooms in unit 2, Unit 2: approximately 1,095 square feet, Unit 2 rent: $3,200
Accessibility Features
None
Building
Built in 1980, 2 building units, 1 building, 1,826 structure square feet
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than the office represented by this website are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings last updated on .
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