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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
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HomeSmart Realty West

HomeSmart Realty West

+1(760) 607-5900
$1,300,000
Est. payment /mo
1,808 SqFt
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Open House

Thu Oct 01, 12:00pm - 1:00pm

Sat Oct 03, 12:00pm - 2:00pm

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

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

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Listed by Scott C. Poncetta KW Bay Area Estates #01497030

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HomeSmart Realty West

HomeSmart Realty West

+1(760) 607-5900

Broker License ID: DRE#1905908

Broker License ID: DRE#1905908

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