67
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$1,300,000
Est. payment /mo
1,808 SqFt
Active
425 N 7th ST San Jose, CA 95112
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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
HOA Y/N No
Year Built 1964
Annual Tax Amount $16,250
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
Area 699 - Not Defined
Zoning RM
Interior
Heating Forced Air
Cooling Central Air
Flooring Laminate, Tile, Wood
Fireplace No
Appliance Dishwasher, Disposal, Microwave, Refrigerator
Exterior
Parking Features Carport
Carport Spaces 2
View Y/N No
Roof Type Composition
Total Parking Spaces 2
Building
Story 1
Sewer Public Sewer
Water Public
Schools
School District San Jose Unified
Others
Tax ID 24947057
Special Listing Condition Standard
Virtual Tour https://f8.f8re.com/sites/eqlgjgow/unbranded
Listed by Scott C. Poncetta KW Bay Area Estates #01497030
NEARBY SCHOOL & BUSINESS
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