$1,495,000
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 coordinates not available
Listed by Luan Nguyen with Anchor Property Group Inc (408) 622-0100
Property Type
Duplex
Status
Active
MLS Number
ML82038916
Year Built
1980
Lot Size
10,454 sq ft