East San Jose Fourplex
1360 Dubert Ln San Jose, CA 95122
1360 Dubert Ln, San Jose, CA, 95122
$1,375,000
For Sale
$1,375,000
Ideal fourplex for a first time investor!
Property Size2,734 SF
Lot Size0.16 Acres
Price / SF$502.93
Days on Market554
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
Listing agency
+1 408-356-1900 x1
Listed by
Michael
+1 408-356-1900 x1
Added: Jan 13, 2025 Updated: Mar 16 at 9:06AM
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.
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 | $83.7k | $30.60 |
| − Vacancy | −$3.5k | −$1.29 |
| EGI | $80.1k | $29.31 |
| − OpEx | −$24.0k | −$8.79 |
| NOI | $56.1k | $20.52 |
2,734 SF · lease $30.60/SF/yr · vacancy 4.20% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
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.
