Duplex with Front and Rear
1120 Park Ave San Jose, CA 95126
New
1120 Park Ave, San Jose, CA, 95126
$1,400,000
For Sale
$1,400,000
Two homes on one lot featuring carpet and laminate flooring and a combined 1,900 sq. ft. total interior area.
Property Size1,900 SF
Lot Size0.13 Acres
Price / SF$736.84
Days on Market2
Property Features for 1120 Park Ave
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Lot size
- 0.13 Acres
- Property subtype
- Investment
Building Details
- Year Built
- 1946
Listing agency
Keller Williams Los Gatos Estates
(408) 806-3393
Listed by
Paul Prouty · License #01171285
(408) 806-3393
Source
Elliman
Added: Jul 21 Updated: Jul 22 at 6:23AM Checked: Jul 22 at 6:23AM
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 Keller Williams Los Gatos Estates
Investment Insights
Based on property information with market context.
This property consists of two residences on a single lot, arranged as a front home and a rear home. The front home offers 3 bedrooms and 1 bathroom, while the rear home offers 2 bedrooms and 1 bathroom. Interior finishes include a combination of carpet and laminate flooring throughout, and the front home’s living area features high ceilings.
The homes are in San Jose and are part of the San Jose Unified elementary school district. Walk and bike scores provided with the listing indicate the area is very walkable and very bikeable, with transit scoring as good.
Offered for sale as a two-home, income-producing setup, the combined interior size is approximately 1,900 square feet, and the lot size is approximately 5,808 square feet.
The homes are in San Jose and are part of the San Jose Unified elementary school district. Walk and bike scores provided with the listing indicate the area is very walkable and very bikeable, with transit scoring as good.
Offered for sale as a two-home, income-producing setup, the combined interior size is approximately 1,900 square feet, and the lot size is approximately 5,808 square feet.
Key Highlights
- Two homes on one lot with a combined approx. 1,900 sq. ft. interior area
- Front home: 3 bedrooms and 1 bathroom with high ceilings
- Rear home: 2 bedrooms and 1 bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $63.8k | $33.60 |
| − Vacancy | −$2.7k | −$1.43 |
| EGI | $61.1k | $32.17 |
| − OpEx | −$18.3k | −$9.65 |
| NOI | $42.8k | $22.52 |
1,900 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$611.1K
$534.8K – $713.0K
NOI $42,780 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$564.6K
$494.0K – $658.7K
NOI $39,520 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,323 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two homes on one lot featuring carpet and laminate flooring and a combined 1,900 sq. ft. total interior area.
Where is this duplex located?
The property is located at 1120 Park Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Two homes on one lot with a combined approx. 1,900 sq. ft. interior area; Front home: 3 bedrooms and 1 bathroom with high ceilings; Rear home: 2 bedrooms and 1 bathroom
