Duplex with Enclosed
1119-1121 Topaz Ave, San Jose, CA 95117
For Sale
$1,499,000
Both residences include private backyard space and enclosed garages.
Property Size2,240 SF
Price / SF$669.20
Days on Market25
Property Features for 1119-1121 Topaz Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Site & Location
Neighborhood
Highway Access
Units
Multifamily Units
Parking per Unit
Building Details
Building Size
Year Built
Buildings
Stories
Listing Agency:
Happy Real Estate Inc
Listed By:
Stanley Chen · License CA #00595066
(408) 656-5527
Source:
Goodpatriotrealty
Added: Oct 16
Changed: Nov 9
Last Checked: Nov 9 at 7:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Happy Real Estate Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,240-square-foot duplex was built in 1967. Each residence has an enclosed two-car garage and a separate backyard, providing distinct outdoor areas for the two units.
The property is in San Jose, with freeway access and shopping nearby.
The property is in San Jose, with freeway access and shopping nearby.
Key Highlights
- 2,240 square feet
- Built in 1967
- Enclosed 2 car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,435
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,700
$1.0M
Cap Rate 7%
$720,500
$720.5K
Cap Rate 9%
$560,389
$560.4K
Market Conditions
NOI Build-Up for 2,240 SF
Gross rent
$75.3K $33.60/SF
− Vacancy
−$3.2K −$1.43/SF
EGI
$72.1K $32.17/SF
− OpEx
−$21.6K −$9.65/SF
NOI
$50.4K $22.52/SF
Area
San Jose, CA
Vacancy
4.27%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,008,700
Cap Rate 7%
$720,500
Cap Rate 9%
$560,389
Alternative Uses
Best Use
Multifamily LT 5
$720.5K
$630.4K – $840.6K
NOI $50,435 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$665.6K
$582.4K – $776.5K
NOI $46,592 @ 7.0% cap · market cap 3.11%
Theoretical Best
Office A
$1.35M
$1.18M – $1.58M
NOI $94,696 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
979
Businesses Nearby
Explore this area
Business Placement
Demographics for 95117, CA
30,137
Population
11,226
Households
2.7
Avg Household Size
36
Median Age
44%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
13,103
Density / Sq Mi
$115,778
Median Household Income
$56,791
Median Earnings
$2,367
Median Rent
$1,425,200
Median Home Value
Market
Average Price Trend$/SF for Duplexes in San Jose, CA
Properties on Market for Duplexes in San Jose
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences include private backyard space and enclosed garages.
Where is this duplex located?
The property is located at 1119-1121 Topaz Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 2,240 square feet; Built in 1967; Enclosed 2 car garage for each unit
