425 N 7th Street, San Jose, CA 95112

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List Price
$1,300,000
Status
ACTIVE
MLS#
ML82062296
Year Built
1964
Property Type
Duplex
Living Area
1,808
Lot Size
7,000
Acres
0.16
County
Santa Clara
Subdivision
Ca

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.

Additional Information

Flooring
Hardwood, Laminate, Tile
Roof
Composition Shingles
Water Sewer
Public
Elementary School
San Jose Unified
High School
San Jose Unified

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Calculator source: Real Geeks

Listing courtesy of Scott C. Poncetta from KW Bay Area Estates. 408-757-1007

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