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$1,198,000
Est. payment /mo
6,808 Sqft Lot
Open House
Sun Aug 16, 12:00pm - 6:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41145147
HOA Y/N No
Year Built 1969
Lot Size 6,808 Sqft
Property Sub-Type Duplex
Property Description
1364 E San Antonio St, San Jose, CA 95116 presents a unique opportunity for buyers looking for flexibility, multigenerational living, or strong income potential in the heart of San Jose. The property is currently configured with two separate living spaces, including 2 units of 2 bedroom, 1 bathroom with its own laundry and an additional 1 bedroom, 1 bathroom studio, creating multiple possibilities for an owner occupant or investor. For buyers looking to maximize the property's potential, there is an opportunity to convert the larger unit into a 3 bedroom, 2 bathroom layout as part of the renovation, potentially increasing both functionality and rental income. At estimated fair market rents, the completed property could potentially generate approximately $6,500 to $7,000+ per month in combined rental income, depending on the final configuration, finishes, lease terms, and market conditions. What makes this opportunity especially attractive is the ability to customize the renovation now. A buyer may have the opportunity to select upgrades and tailor certain aspects of the property before construction is completed rather than purchasing a finished property and renovating afterward. Live in one unit and rent the other, create private space for extended family, or position the property as an income producing investment. The flexibility is already here, and the renovation options create an opportunity to make the property work specifically for your goals.
Location
State CA
County Santa Clara
Interior
Heating Forced Air
Flooring Vinyl
Fireplace No
Exterior
Roof Type Shingle
Total Parking Spaces 2
Building
Lot Description Back Yard, Front Yard, Yard
Others
Tax ID 47205063 02
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
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Listed by Francine Masudi Xpert Home Realty #02236450
NEARBY SCHOOL & BUSINESS
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