
San Jose, California 95116
This Turnkey Duplex represents a High-Potential Investment Opportunity, listed at $1,050,000—positioned slightly above the $1,013,985 Fair Market Value. Despite the premium, the property offers a projected $72,000 annual rental income and a Turnkey Condition Rating, eliminating the need for immediate capital expenditure. Featuring modern luxury vinyl plank flooring and updated dual-pane windows, this asset is optimized for immediate cash flow. Its strategic proximity to major tech employers makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 732 Banff Street Subject 0 bd · 0 ba · 1,450 sqft · $653 | $1,050,000* List Price | 0 | 0 | 1,450 | $653 | - |
A 1791 E William Street Sold 0 bd · 0 ba · 1,488 sqft · $685 · 0.8 mi | $1,020,000 | 0 | 0 | 1,488 | $685 | 0.8 mi |
B 270 Oakland Ave Sold 0 bd · 0 ba · 1,632 sqft · $539 · 0.9 mi | $880,000 | 0 | 0 | 1,632 | $539 | 0.9 mi |
C 767 Bonita Avenue Active 0 bd · 0 ba · 1,450 sqft · $931 · 0.1 mi | $1,349,888 List Price | 0 | 0 | 1,450 | $931 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1954, the property has undergone a recent turnkey renovation (likely <5 years) featuring modern shaker-style kitchen cabinets, new luxury vinyl plank flooring, fresh interior/exterior paint, and updated dual-pane windows.
With a projected $72,000 annual rental income, this duplex offers a strong cap rate for investors or a significant mortgage offset for owner-occupants through house-hacking.
The property is ideally situated near Downtown San Jose and major employers like Adobe and Google, providing excellent access to Highways 280, 101, and 680 for easy commuting.
Meticulously maintained and move-in ready, this property allows for immediate occupancy or leasing without the need for costly initial renovations or upgrades.
Built in 1954, the property may require ongoing maintenance or future updates to original systems that are typical for mid-century residential structures.
At approximately 725 square feet per 2-bedroom unit, the interior space is relatively small, which may limit appeal for tenants or owners desiring more spacious living areas.
PRIME INVESTMENT OR HOUSE-HACK OPPORTUNITY! Turnkey Duplex with $72K/yr Potential! Perfect for savvy investors seeking strong returns or owner-occupants looking to live in one unit while letting the tenant pay down your mortgage! Do not miss this rare turnkey gem in a high-demand rental market. 730-732 Banff St, San Jose, CA, presents an exceptional investment opportunity in the sought-after East San Jose area. Situated in the vibrant eastern part of Downtown San Jose, this duplex offers an unparalleled location that appeals to both investors and tenants alike. This meticulously maintained property features two spacious 2-bedroom, 1-bath units, each boasting approximately 725 SF of living space (buyer to verify) on a 5,350 SF lot. Tenants will appreciate the roomy interiors, private backyard, and ample parking, creating a perfect balance of comfort and convenience. The location is nothing short of prime! Positioned less than a mile from Downtown San Jose, the property provides seamless access to Highways 280, 101, and 680. It is also situated near top-tier employers such as Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters.
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 | 1,450 | 2,404.563 |
| Lot Size | 5,350 | 6,807.656 |
| Price | $1.05M | $1.42M |
| Price per sq ft | $724 | $613 |
| Built year | 1954 | 1962 |
| HOA | $0 | $0 |
| Days on market | 38 | 72 |
Sep 16, 2026
$1,050,000
Initial Listing
Mar 7, 2025
$855,000
Public Record