Two-Home
For Sale
$1,100,000
1120 Park Avenue, San Jose, CA 95126
ResidentialIncome, Craftsman, Ranch, SanJose, CA
Property Size1,900 SF
Lot Size0.13 Acres
Price / SF$578.95
Days on Market98
Property Features for 1120 Park Avenue
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
G
Parking features
On Street
Interior features
HighCeiling
Lot features
Grade Mostly Level
Elementary school
SanJoseUnified
Middle school
HerbertHooverMiddle_1
High school
SanJoseUnified
Elementary school district
SanJoseUnified
High school district
SanJoseUnified
Directions
Race Street North to Park and turn left.
Subdivision
CentralSanJose
Standard status
Active
APN
261-42-013
Size
1,900 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
12000
Utilities
Sewer type
Shared Septic
Water source
Public
Building Details
Year built
1946
Floors in Building
1
Flooring type
Laminate, Carpet
Roof type
Composition
Architectural style
Craftsman
Additional Structures
Shed(s)
Listing Agency:
KW Bay Area Estates · Keller Williams Realty
(408) 560-9000
Listed By:
Paul Prouty · License #01171285
(408) 806-3393
Added: Jul 16
Changed: Oct 21
Last Checked: Oct 21 at 6:06AM
MLS# ML82054525
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.
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.
Built in 1946, this duplex property comprises two residences on a single lot. The front home has three bedrooms and one bathroom; the rear home offers two bedrooms and one bathroom. Together, the buildings contain approximately 1,900 square feet on a 5,808-square-foot lot.
Interior finishes include carpet and laminate flooring, and the front residence has high ceilings in its living area. The property has a composition roof, public water service, shared septic, and on-street parking. Zoning is G.
Interior finishes include carpet and laminate flooring, and the front residence has high ceilings in its living area. The property has a composition roof, public water service, shared septic, and on-street parking. Zoning is G.
Key Highlights
- Two residences on one lot: a 3‑bedroom, 1‑bath front home and a 2‑bedroom, 1‑bath rear home
- Approximately 1,900 square feet of combined building area
- 5,808‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,780
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$855,600
$855.6K
Cap Rate 7%
$611,143
$611.1K
Cap Rate 9%
$475,333
$475.3K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$63.8K $33.60/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$61.1K $32.17/SF
− OpEx
−$18.3K −$9.65/SF
NOI
$42.8K $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%
$855,600
Cap Rate 7%
$611,143
Cap Rate 9%
$475,333
Alternative Uses
Best Use
Multifamily LT 5
$611.1K
$534.8K – $713.0K
NOI $42,780 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$564.6K
$494.0K – $658.7K
NOI $39,520 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,323 @ 7.0% cap · market cap 7.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
2,139
Businesses Nearby
Explore this area
Business Placement
Demographics for 95126, CA
37,372
Population
16,936
Households
2.2
Avg Household Size
36
Median Age
55%
College-Educated
89%
High-School Grad
3.3 sq mi
ZIP Area
11,325
Density / Sq Mi
$127,297
Median Household Income
$72,722
Median Earnings
$2,544
Median Rent
$1,195,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences share one parcel, with distinct bedroom and bathroom configurations.
Where is this duplex located?
The property is located at 1120 Park Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Two residences on one lot: a 3‑bedroom, 1‑bath front home and a 2‑bedroom, 1‑bath rear home; Approximately 1,900 square feet of combined building area; 5,808‑square‑foot lot
