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Duplex On One Lot

1120 Park AVE San Jose, CA 95126

New
1120 Park AVE, San Jose, CA, 95126
$1,400,000
For Sale
$1,400,000

MULTI_FAMILY - San Jose, CA

Property Size1,900 SF
Lot Size0.13 Acres
Price / SF$736.84
Days on Market1

Property Features for 1120 Park AVE

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
G
Bedrooms
5
Rooms
Bedroom 5, Bedroom 3, Bedroom 4, Bedroom 1, Bedroom 2
Parking features
On Street, Off Street
Interior features
High Ceiling
Standard status
Active
Size
1,900 SF
Lot size
0.13 Acres

Utilities

Heating system
Wall Furnace
Water source
Public

Building Details

Year built
1946
Flooring type
Laminate, Carpet
Building materials
Wood Frame
Roof type
Composition
Architectural style
Ranch, Craftsman
Listing Agency KW Bay Area Estates
16780-A Lark Avenue, Los Gatos, CA
Listed by Paul Prouty · License #01171285
Added: Jul 16 Checked: Jul 16 at 10:06 pm
MLS# ML82054525 Listing URL

Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This property is a duplex consisting of two separate homes on one lot. 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, and the front home’s living area benefits from high ceilings.

Located at 1120 Park AVE in San Jose, California 95126, the residences are part of the San Jose Unified elementary school district. The homes together total approximately 1,900 square feet and sit on a 5,808-square-foot lot.

Zoning is listed as G. The layout is straightforward, with two distinct living units within the same property footprint, suited to buyers seeking a residential income arrangement.

Key Highlights

  • Two homes on one lot in San Jose: front 3 bed/1 bath and rear 2 bed/1 bath
  • Total approx. 1,900 sq ft across both homes on a 5,808 sq ft lot
  • Front home features high ceilings in the living area

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 (±1% cap)
NOI $42,780 @ 7.0% cap · market cap 3.06%
Second Best
Apartment 5plus
$564.6K
$494.0K – $658.7K (±1% cap)
NOI $39,520 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M (±1% cap)
NOI $80,323 @ 7.0% cap · market cap 5.74%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Nursing Home Nursing Home Bed & Breakfast Clothing & Fashion Store Florist Furniture & Home Goods Restaurant Grocery & Convenience Store Daycare Center Adult Day Care

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two attached homes on one lot in San Jose, with front 3 bed/1 bath and rear 2 bed/1 bath layouts.
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 in San Jose: front 3 bed/1 bath and rear 2 bed/1 bath; Total approx. 1,900 sq ft across both homes on a 5,808 sq ft lot; Front home features high ceilings in the living area
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