East San Jose Fourplex
For Sale
$1,375,000
1360 Dubert Ln, San Jose, CA 95122
Ideal fourplex for a first time investor!
Property Size2,734 SF
Lot Size0.16 Acres
Price / SF$502.93
Days on Market647
Property Features for 1360 Dubert Ln
General Information
Standard status
Active
Property type
Multifamily properties, Other investment properties, Residential income homes, Residential income properties, Investment properties
Size
2,734 SF
Elevators
N/A
Lot size
0.16 Acres
Building Details
Year Built
1962
Stories
2
Listed By:
Michael Shields
+1 408-356-1900 x1
Added: Jan 13, 2025
Changed: Mar 16
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Investment Insights
Based on property information with market context.
This fourplex is located in East San Jose and offers an investment opportunity. The property is professionally managed and maintained to a high standard by the HOA. The building consists of four units: three units with two bedrooms and one bathroom, each approximately 725 square feet, and one unit with one bedroom and one bathroom, approximately 550 square feet. The building size is 2,734 square feet and is situated on a 0.16-acre lot. The property is located 3.6 miles from Downtown San Jose, less than two miles from Kelly Park, and one mile from the Grand Century Shopping Mall. Its location provides access to shopping, dining, and entertainment options. The property is located near San Jose State University and Santa Clara University, and is in close proximity to major tech employers including Apple, Google, Tesla, Facebook, IBM, Intel, Yahoo, and Cisco. The property is located in a strong rental market with steadily rising values.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,103
Cap Rate
4.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,060
$1.1M
Cap Rate 7%
$801,471
$801.5K
Cap Rate 9%
$623,367
$623.4K
Market Conditions
NOI Build-Up for 2,734 SF
Gross rent
$83.7K $30.60/SF
− Vacancy
−$3.5K −$1.29/SF
EGI
$80.1K $29.31/SF
− OpEx
−$24.0K −$8.79/SF
NOI
$56.1K $20.52/SF
Area
ZIP 95122
Vacancy
4.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,060
Cap Rate 7%
$801,471
Cap Rate 9%
$623,367
Alternative Uses
Best Use
Multifamily LT 5
$801.5K
$701.3K – $935.1K
NOI $56,103 @ 7.0% cap · market cap 4.08%
Second Best
Apartment 5plus
$742.4K
$649.6K – $866.1K
NOI $51,968 @ 7.0% cap · market cap 3.78%
Theoretical Best
Office A
$1.65M
$1.44M – $1.93M
NOI $115,539 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
Explore this area
Business Placement
Demographics for 95122, CA
54,056
Population
12,560
Households
4.3
Avg Household Size
36
Median Age
18%
College-Educated
65%
High-School Grad
4.8 sq mi
ZIP Area
11,262
Density / Sq Mi
$103,406
Median Household Income
$41,704
Median Earnings
$2,424
Median Rent
$838,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Ideal fourplex for a first time investor!
Where is this multifamily property located?
The property is located at 1360 Dubert Ln San Jose, CA.
What is the asking price?
The asking price for this property is $1,375,000.
