Duplex with Detached
For Sale
$1,620,000
1275 Eden Avenue, San Jose, CA 95117
Well-maintained duplex built in 1974 with updated interiors, in-unit laundry, and detached garages with off-street parking.
Property Size2,292 SF
Price / SF$706.81
Days on Market17
Property Features for 1275 Eden Avenue
General Information
Standard status
Active
Size
2,292 SF
Property subtype
Multi Family
Taxes and HOA fees
Annual Taxes
$19,440
Amenities
in-unit laundry
private outdoor areas
Building Details
Year Built
1974
Tenancy
Multi
Listing Agency:
Beechwood Realty
(408) 504-2280
Listed By:
Melissa Lin · License #01412057
(408) 504-2280
Source:
Exitrealty
Added: Jul 28
Changed: Aug 8
Last Checked: Aug 12 at 6:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Beechwood Realty
Investment Insights
Based on property information with market context.
This well-maintained duplex on an oversized 8,000+ SF lot offers a highly sought-after unit mix with spacious 3 bed/2 bath and 2 bed/2 bath homes totaling over 2,200 SF. Both units have updated kitchens and flooring and include in-unit laundry, with private outdoor areas for relaxing. Detached garages provide off-street parking.
The property is located in a residential neighborhood of single-family homes. It’s steps away from a renovated neighborhood park with a community garden and playground. Convenience to retail and dining is highlighted by nearby Westgate and El Paseo Shopping Centers, including Target, TJ Maxx, Trader Joe’s, Sprouts, and the new T&T Market, with Valley Fair and Santana Row and downtown Campbell also minutes away.
With stable tenant history, the duplex supports multiple occupancy strategies, including income generation and owner-occupancy or multi-generational living.
The property is located in a residential neighborhood of single-family homes. It’s steps away from a renovated neighborhood park with a community garden and playground. Convenience to retail and dining is highlighted by nearby Westgate and El Paseo Shopping Centers, including Target, TJ Maxx, Trader Joe’s, Sprouts, and the new T&T Market, with Valley Fair and Santana Row and downtown Campbell also minutes away.
With stable tenant history, the duplex supports multiple occupancy strategies, including income generation and owner-occupancy or multi-generational living.
Key Highlights
- Over 2,200 SF total with a 3 bed/2 bath and 2 bed/2 bath unit mix
- Oversized 8,000+ SF lot with private outdoor areas for each unit
- Updated kitchens and flooring in both units
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,606
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.19%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,032,120
$1.0M
Cap Rate 7%
$737,229
$737.2K
Cap Rate 9%
$573,400
$573.4K
Market Conditions
NOI Build-Up for 2,292 SF
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.
Gross rent
$77.0K $33.60/SF
− Vacancy
−$3.3K −$1.43/SF
EGI
$73.7K $32.17/SF
− OpEx
−$22.1K −$9.65/SF
NOI
$51.6K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,032,120
Cap Rate 7%
$737,229
Cap Rate 9%
$573,400
Alternative Uses
Best Use
Multifamily LT 5
$737.2K
$645.1K – $860.1K
NOI $51,606 @ 7.0% cap · market cap 3.19%
Second Best
Apartment 5plus
$681.0K
$595.9K – $794.6K
NOI $47,673 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.38M
$1.21M – $1.61M
NOI $96,895 @ 7.0% cap · market cap 5.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,523
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Well-maintained duplex built in 1974 with updated interiors, in-unit laundry, and detached garages with off-street parking.
Where is this duplex located?
The property is located at 1275 Eden Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,620,000.
What are key features of this property?
This property features: Over 2,200 SF total with a 3 bed/2 bath and 2 bed/2 bath unit mix; Oversized 8,000+ SF lot with private outdoor areas for each unit; Updated kitchens and flooring in both units
