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$ 1,300,000
Est. payment /mo
Open Thu 12PM-1PM
425 N 7th Street San Jose, CA 95112
5 Beds
1,808 SqFt
Open House
Thu Oct 01, 12:00pm - 1:00pm
Sat Oct 03, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,808 sqft
Price per Sqft $719
MLS Listing ID ML82062296
Bedrooms 5
HOA Y/N No
Year Built 1964
Lot Size 7,000 Sqft
Property Sub-Type Duplex
Property Description
Two fully leased homes and the potential for a 3rd on large lot! This 1,808 sq ft duplex sits on a rare 7,000 sq ft lot in the heart of San Jose, close to Japantown and all the downtown restaurants and shops that keep this corridor busy year-round. Both units are occupied, bringing $6,550 a month, with updated kitchens and central air conditioning in each. Both units have private carports, and their own laundry and storage room. The larger front 3-bed, 2-bath unit has direct access to the carport. The 2-bed, 1-bath unit enjoys a spacious private backyard, the kind of layout that keeps tenants staying long term. The property delivers immediate, in-place cash flow with real room to grow. As a Value-add strategy, the oversized lot and the existing carport give upside for an investor who wants to add an ADU or reimagine the carport altogether, opening the door to a third income stream without touching either existing unit. Easy access to Highways 280, 680, and 101 puts tenants minutes from Downtown San Jose's job centers, and a walk score of 86 means this is a location renters actively seek out. Whether you are adding to a growing portfolio or looking for your first income property in Silicon Valley, 425 N 7th St offers a stabilized asset with a clear path to more.
Location
State CA
County Santa Clara
Zoning RM
Interior
Heating Forced Air
Flooring Hardwood, Laminate, Tile
Fireplace No
Exterior
Exterior Feature Back Yard
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District San Jose Unified
Others
Tax ID 24947057
Virtual Tour https://f8.f8re.com/sites/eqlgjgow/unbranded
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Listed by Scott C. Poncetta • KW Bay Area Estates