Renovated Side-by-Side
For Sale
$1,500,000
Pending
1274-1276 Flora Avenue, San Jose, CA 95117
ResidentialIncome, SanJose, CA
Property Size2,359 SF
Lot Size0.15 Acres
Days on Market74
Property Features for 1274-1276 Flora Avenue
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Parking
2
Parking features
Garage
Appliances
WasherDryer
Elementary school
MorelandElementary
High school
CampbellUnionHigh
Elementary school district
MorelandElementary
High school district
CampbellUnionHigh
Subdivision
Campbell
Standard status
Pending
APN
299-11-020
Size
2,359 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Central
Water source
Public
Building Details
Year built
1962
Floors in Building
2
Number of units
2
Flooring type
Laminate
Roof type
Composition
Buildings
1
Listing Agency:
Family First Real Estate Services Inc
(408) 613-7195
Listed By:
Elias Ordaz · License #01869915
(408) 775-4059
Added: Aug 18
Changed: Oct 29
Last Checked: Oct 30 at 11:06AM
MLS# ML82055048
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.
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Investment Insights
Based on property information with market context.
This R2-zoned duplex comprises two matching, side-by-side homes, each with 3 bedrooms, 1.5 baths, and 1,180 square feet. Both residences have attached single-car garages with interior access and private backyards. Renovations include kitchens, bathrooms, flooring, interior paint, and landscaping. The property was built in 1962 and has a combined lot area of 6,344 square feet.
The owner-occupied units are to be delivered vacant at closing. Central forced-air heating, laminate flooring, composition roofing, and public water and sewer serve the property. The location is near Westgate Center, Santana Row, and Downtown Campbell.
The owner-occupied units are to be delivered vacant at closing. Central forced-air heating, laminate flooring, composition roofing, and public water and sewer serve the property. The location is near Westgate Center, Santana Row, and Downtown Campbell.
Key Highlights
- Two side‑by‑side units, each with 3 bedrooms and 1.5 baths
- 1,180 square feet per unit; 2,359 square feet total property size
- Attached single‑car garage with interior access for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,115
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,062,300
$1.1M
Cap Rate 7%
$758,786
$758.8K
Cap Rate 9%
$590,167
$590.2K
Market Conditions
NOI Build-Up for 2,359 SF
Gross rent
$79.3K $33.60/SF
− Vacancy
−$3.4K −$1.43/SF
EGI
$75.9K $32.17/SF
− OpEx
−$22.8K −$9.65/SF
NOI
$53.1K $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%
$1,062,300
Cap Rate 7%
$758,786
Cap Rate 9%
$590,167
Alternative Uses
Best Use
Multifamily LT 5
$758.8K
$663.9K – $885.3K
NOI $53,115 @ 7.0% cap · market cap 3.54%
Second Best
Apartment 5plus
$701.0K
$613.3K – $817.8K
NOI $49,067 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$1.42M
$1.25M – $1.66M
NOI $99,727 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
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Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
884
Businesses Nearby
Explore this area
Business Placement
Demographics for 95117, CA
30,137
Population
11,226
Households
2.7
Avg Household Size
36
Median Age
44%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
13,103
Density / Sq Mi
$115,778
Median Household Income
$56,791
Median Earnings
$2,367
Median Rent
$1,425,200
Median Home Value
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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?
Duplex - Two vacant-at-close homes each include an attached garage and a private backyard.
Where is this duplex located?
The property is located at 1274-1276 Flora Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Two side‑by‑side units, each with 3 bedrooms and 1.5 baths; 1,180 square feet per unit; 2,359 square feet total property size; Attached single‑car garage with interior access for each unit
