
San Jose, California 95116
This duplex presents a Strong Value Opportunity with a List Price of $1,199,888—positioned well below the $1,265,121 Fair Market Value by 5%. This valuation gap offers $65,233 in Instant Equity. Featuring a Condition Rating of 4, the property includes a refreshed vacant unit and a spacious 8,000 sq. ft. lot with a private patio. This is an ideal Residential Income Asset for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income while building long-term value in San Jose.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 212 Pamela Avenue Subject 0 bd · 0 ba · 1,800 sqft · $703 | $1,199,888* List Price | 0 | 0 | 1,800 | $703 | - |
A 2442 Clyda Drive Sold 0 bd · 0 ba · 1,400 sqft · $721 · 1.0 mi | $1,010,000 | 0 | 0 | 1,400 | $721 | 1.0 mi |
B 2151 Lausett Avenue Active 0 bd · 0 ba · 1,450 sqft · $688 · 0.7 mi | $998,000 List Price | 0 | 0 | 1,450 | $688 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property is functional and move-in ready but significantly dated. While the rear unit has received cosmetic refreshes (new carpet and paint), the kitchens and bathrooms feature older wood cabinetry, tile countertops, and fixtures that appear to be over 20-30 years old. The use of window AC units indicates a lack of modern central HVAC systems.
The duplex configuration with a vacant, refreshed rear unit allows for immediate owner-occupancy or market-rate rental income while maintaining existing cash flow from the front unit.
Both units feature a 3-bedroom layout, which is highly sought after in the San Jose rental market and typically commands higher demand and rental premiums compared to smaller units.
The generous 8,000 sq. ft. lot provides significant outdoor space and potential for future value-add opportunities, such as ADU development or enhanced landscaping.
With only one bathroom serving three bedrooms in each unit, the layout may be less appealing to modern families or groups, potentially impacting long-term rental growth.
The front unit is currently occupied, which may present challenges for buyers seeking immediate full-property renovations or those navigating local tenant protection regulations.
Excellent San Jose Duplex Opportunity with Income Potential! This versatile two unit property features two 3 bedroom, 1 bathroom units, each offering approximately 900 sq. ft. of living space, situated on a spacious approximately 8,000 sq. ft. lot. Ideal for an investor, owner occupant, or multi generational living arrangement. The rear unit is currently vacant and has been refreshed with new carpet and fresh interior paint, providing flexibility for a new owner, while the front unit is currently tenant occupied. The property offers separate living spaces, a generous lot, and convenient access to major commuter routes, shopping, dining, and everyday amenities. A great opportunity to own a duplex in San Jose with the flexibility to generate rental income while building long term value.
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 | 1,800 | 2,404.563 |
| Lot Size | 7,998 | 6,807.656 |
| Price | $1.20M | $1.42M |
| Price per sq ft | $667 | $613 |
| Built year | 1962 | 1962 |
| HOA | $0 | $0 |
| Days on market | 8 | 72 |
Oct 16, 2026
$1,199,888
Initial Listing