About this home

Exceptional San Jose investment opportunity featuring 7 residential units across 2 buildings on one APN. The property includes a 2 bedroom, 1 bath single family residence with approximately 1,200 sq ft of living space and a full cement construction basement, plus a separate 6 unit building with six 1 bedroom, 1 bath units. Generating approximately $13,935 in monthly rental income, the property offers $132,901 in annual NOI and a 6.04% in place cap rate, with pro forma potential of $147,221 NOI and a 6.71% cap rate. Recent capital improvements include new windows and electrical panels. A compelling opportunity for investors seeking established rental income and potential to enhance returns in the San Jose market.

Facts and features

Schools

• Herbert Hoover Middle School

  middle · 6-8 · 0.5 mi

  4

• Merritt Trace Elementary School

  elementary · K-5 · 0.7 mi

  5

• Abraham Lincoln High School

  high · 9-12 · 0.7 mi

  7

• Bellarmine College Preparatory School

  high · 9-12 · 0.4 mi

• Bellarmine College Preparatory

  high · 9-12 · 0.4 mi

• Alternative Private Schooling

  elementary · 1-12 · 0.5 mi

Price history

• Oct 20, 2026 · Listed$2,099,000

Tax history

• 2025$13,157 tax · $808,410 assessed
• 2024$12,518 tax · $792,560 assessed
• 2023$12,149 tax · $761,786 assessed
• 2022$12,088 tax · $746,850 assessed
• 2021$11,737 tax · $732,207 assessed
• 2020$11,578 tax · $724,701 assessed
• 2019$11,335 tax · $710,492 assessed
• 2018$11,203 tax · $696,561 assessed

Home value

$2,178,000

• Collateral Analytics$2,178,000

Where it is