
San Jose, California 95126
This Duplex Residential Income property represents a Prime Investment Opportunity, listed at a List Price of $1,350,000—positioned well below the $1,395,588 Fair Market Value by 3%. This valuation gap provides $45,588 in Instant Equity. Featuring a Condition Rating of 4, the property includes a new roof and double-pane windows, though interiors offer room for cosmetic modernization. With its dual-income potential and private patio, this asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic West San Jose location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1131 Frankfurt Avenue Subject | $1,350,000* List Price | 0 | 0 | 2,009 | $695 | - |
A 1081 Newhall Street Active | $1,595,000 List Price | 0 | 0 | 2,400 | $665 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1949, the property is well-maintained with significant updates like a new roof and double-pane windows. However, the kitchen features dated tile countertops, older cabinetry, and linoleum flooring that appear to be over 20 years old, placing it in the fair category requiring cosmetic modernization.
Situated in a prime West San Jose pocket near Diridon Station, SAP Center, and Santana Row, offering exceptional transit connectivity and proximity to major employment and entertainment hubs.
This corner-lot duplex features private entrances on separate streets, providing an ideal 'house hacking' opportunity for owner-occupants to live in one unit while generating rental income from the other.
The property boasts significant recent improvements including a new roof and double-pane windows throughout, reducing immediate maintenance concerns and improving energy efficiency for the owner.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5227, other record lot size in square feet = 5500.
With a mix of carpet, tile, and linoleum flooring in a 1949 structure, the interiors likely require cosmetic modernization to command top-market rents and appeal to contemporary buyers.
The reliance on shared laundry facilities and a communal backyard may limit privacy and be a competitive disadvantage compared to units with fully independent utility hookups.
Great corner property in West San Jose that offers prime location close to The alameda, Diridon Station, SAP Center, Downtown San Jose. and great investment potential- Live in one unit and rent the other; one unit faces Sherwood Ave, and the other faces Frankfurt Ave., each with private entrances. The downstairs unit offers 3 bedrooms, 1.5 bathrooms, in-building laundry, a private front yard, and a shared backyard with endless possibilities. Interiors feature a kitchen open to the living room, tile, carpet, and linoleum flooring, and double-pane windows throughout the house. The second-floor unit offers 2 bedrooms and 1 full bathroom. The kitchen is well equipped. Laundry in the building and a beautiful low-maintenance backyard are shared. Major improvements include a new roof. Proximity to the dining, shopping, and entertainment destinations of Santana Row and Westfield Valley Fair. Centrally located and with easy access to 880, this versatile property offers the flexibility to live in and generate income simultaneously. Excellent opportunity for investors or owner-occupants; unit 1131 is vacant and ready to preview; unit 1133 will be vacant in September.
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 | 2,009 | 2,559.348 |
| Lot Size | 5,227 | 6,883.043 |
| Price | $1.35M | $1.48M |
| Price per sq ft | $672 | $632 |
| Built year | 1949 | 1963 |
| HOA | $0 | $0 |
| Days on market | 42 | 63 |
Jul 29, 2026
$1,350,000
Initial Listing