
San Jose, California 95116
This duplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,125,000, which is positioned slightly above the $1,110,059 Fair Market Value. While the property requires capital improvements due to its Condition Rating of 5, the inclusion of Assumable Financing provides a rare mechanism to optimize cash flow in a high-rate environment. The Dual-Income Potential and strategic location near major Silicon Valley employers ensure steady rental demand. This asset is best suited for Buy-and-Hold Investors or Owner-Occupants capable of managing necessary renovations.
Property is extensive renovation needed.
Built in 1958, this property is over 60 years old with no noted recent renovations to the kitchens, bathrooms, or major systems. The exterior image shows clear signs of deferred maintenance, specifically a large, visibly damaged or mismatched patch on the roof that indicates potential structural/safety defects requiring rehab.
The rare availability of assumable financing allows qualified buyers to potentially secure a lower interest rate than current market offerings, significantly improving cash flow.
As a true duplex with two separate units, this property offers excellent versatility for investors seeking dual rental streams or owner-occupants looking to offset their mortgage.
Proximity to downtown San Jose, major tech employers, and key transit corridors ensures high tenant demand and long-term desirability in a resilient rental market.
Built in 1958, the property may require near-term capital improvements or maintenance to modernize systems and remain competitive with newer rental inventory.
The standout feature of loan assumption is strictly subject to lender approval, which can be a rigorous process and may limit the pool of eligible buyers.
5% interest only assumable financing is available, giving a qualified buyer a rare chance to step into an existing loan rather than start from scratch in today's rate environment. Assumption is subject to lender approval. The location does the rest. Near downtown San Jose, the property offers convenient access to major employers, dining, shopping, transit, and freeway connectionseverything that keeps quality tenants in place and demand steady. Properties combining a prime San Jose address, true two-unit versatility, and an assumable-financing advantage don't come along often.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,698 | 2,404.563 |
| Lot Size | 7,200 | 6,807.656 |
| Price | $1.15M | $1.42M |
| Price per sq ft | $677 | $613 |
| Built year | 1958 | 1962 |
| HOA | $0 | $0 |
| Days on market | 38 | 72 |
Sep 18, 2026
$1,150,000
$1,125,000
+2% Price Increase
Initial Listing
Sep 16, 2026
$1,125,000
Initial Listing
May 31, 2023
$1,075,000
Public Record