425 N 7th ST, San Jose, CA 95112
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425 N 7th ST, San Jose, CA 95112
425 N 7th ST, San Jose, CA 95112
425 N 7th ST, San Jose, CA 95112
425 N 7th ST, San Jose, CA 95112
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Listed by Scott C. Poncetta, DRE #01497030 • KW Bay Area Estates
$ 1,300,000
Est. payment /mo
New

425 N 7th ST San Jose, CA 95112

5 Beds

3 Baths

1,808 SqFt


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

Full Baths 3

Year Built 1964

Lot Size 7,000 Sqft

Property Sub-Type Duplex

Source MLSListings, Inc.

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 Central San Jose

Zoning RM

Rooms

Kitchen Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator, Varies by Unit

Interior

Heating Forced Air

Cooling Central AC

Flooring Hardwood, Laminate, Tile

Laundry Washer / Dryer

Exterior

Parking Features Carport , On Street, Parking Area

Garage Spaces 2.0

Utilities Available Public Utilities

Roof Type Composition

Building

Foundation Crawl Space

Sewer Sewer - Public

Water Public

Others

Tax ID 249-47-057

Special Listing Condition Not Applicable

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MLS Listing IDX PLUS
Louis Ponce

Louis Ponce

Broker CADRE# 01044888

+1(408) 531-0884

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425 N 7th ST