10 Topeka Avenue, San Jose, California 95128, San Jose, 95128 - 0 bed, 0 bath
Loading property details...
10 Topeka Avenue
San Jose, California 95128
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,677Sq Ft
5,625Lot Size
Property Price
LIST PRICE$1,450,000
EST. MARKET VALUE
$1,411,309
SUMMARY
This Prime Investment Opportunity is a fully tenant-occupied duplex listed at $1,450,000, positioned slightly above the $1,411,310 Fair Market Value. With a Condition Rating of 3, the property features a recently renovated 2-bedroom unit, ensuring immediate rental income of $82,200 annually. Its strategic location near major Silicon Valley employment hubs and Santana Row guarantees high tenant demand. While the 1912 structure requires ongoing maintenance, the established income stream makes this a stable, long-term asset for Buy-and-Hold Investors or Portfolio Diversifiers seeking immediate cash flow.
Estimated Market Value
$1,411,309
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 10 Topeka Avenue Subject | $1,450,000* List Price | 0 | 0 | 1,677 | $842 | - |
A 330 Arleta Avenue Sold | $1,200,000 | 0 | 0 | 1,300 | $923 | 0.1 mi |
B 870 Leigh Avenue Sold | $1,295,000 | 0 | 0 | 1,786 | $725 | 1.0 mi |
C 2080 Heatherdale Avenue Sold | $1,500,000 | 0 | 0 | 1,550 | $968 | 1.0 mi |
D 1718 Hester Avenue Sold | $1,400,000 | 0 | 0 | 1,682 | $832 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1912, the property is well-maintained and functional. The 2-bedroom unit underwent a full renovation approximately 4 years ago, featuring modern laminate flooring and updated interiors, making it move-in ready and income-producing.
PROSSTRENGTHS & OPPORTUNITIES
- Immediate Rental Income
The property is fully tenant-occupied with a gross annual income of $82,200, providing immediate cash flow and a turnkey opportunity for investors.
- Prime Silicon Valley Location
Ideally situated near Santana Row, Westfield Valley Fair, and major commute corridors like Highways 280 and 880, ensuring high tenant demand and long-term appreciation.
- Partial Modernization
The 2-bedroom unit was fully renovated approximately four years ago, reducing immediate capital expenditure requirements and enhancing the property's overall marketability.
CONSRISKS & DEFICIENCIES
- Significant Property Age
Built in 1912, the 110-plus-year-old structure may require higher ongoing maintenance costs and potential upgrades to aging utility systems.
- Modest School Ratings
Local school ratings range from 3 to 6, which may limit the property's appeal to families prioritizing high-performing educational districts.
About 10 Topeka Avenue
PRIME SAN JOSE MULTI FAMILY INVESTMENT OPPORTUNITY! Fully tenant-occupied offering immediate rental income of $82,200/yr in a highly desirable and convenient Silicon Valley location. An excellent opportunity for investors seeking an established income-producing property with immediate upside for increase. The property features a three tenant occupancy. One unit was fully renovated approximately four years ago, offering an updated interior and added investment appeal. Situated on a spacious, fully paved lot with ample on-site parking, the property offers an attractive combination of established tenancy, income potential and location. Ideally situated near Santana Row, Westfield Valley Fair, Downtown San Jose and The Pruneyard, with convenient access to Highways 280 and 880, major Silicon Valley employment centers, shopping, dining and entertainment. A compelling opportunity to add a centrally located, income-producing San Jose multi family property to your investment portfolio!
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1912
- Lot Size
- 5,625 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Merritt Trace Elementary School
Grades K-5 • 0.5 mi
4/10
Gardner Elementary School
Grades K-5 • 1.9 mi
4/10
Horace Mann Elementary School
Grades K-5 • 2.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,677 | 2,559.348 |
| Lot Size | 5,625 | 6,883.043 |
| Price | $1.45M | $1.48M |
| Price per sq ft | $865 | $632 |
| Built year | 1912 | 1963 |
| HOA | $0 | $0 |
| Days on market | 17 | 63 |
Pricing History
Listed for Sale
Aug 23, 2026
$1,450,000
Initial Listing
Sold
Jan 20, 2022
$975,000
Public Record
Sold
Jan 13, 2012
$395,000
Public Record
Sold
Dec 10, 2004
$625,000
Public Record
Sold
Jul 25, 2003
$510,000
Public Record