Updated Triplex with
1365 Vine Street San Jose, CA 95110
1365 Vine Street, San Jose, CA, 95110
$1,375,000
For Sale
$1,375,000
Triplex offers three separately metered units with modern finishes, onsite parking, earthquake retrofitting, and owned solar.
Property Size1,826 SF
Price / SF$753.01
Days on Market69
Property Features for 1365 Vine Street
General Information
- Standard status
- Active
- Size
- 1,826 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1900
Listing agency
eXp Realty of California Inc
(408) 981-4079
Listed by
DeVonna Meyer · License #01765439
(408) 981-4079
Source
Exitrealty
Added: May 14 Updated: Jul 21 at 12:34AM Checked: Jul 21 at 5:23AM
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
This beautifully updated property is configured as a triplex with three separate units totaling 1,816 sq. ft. Upstairs there is a two-bedroom, one-bath unit and a one-bedroom, one-bath unit. The lower level is a fully permitted two-bedroom, one-bath unit with a spacious upgraded kitchen. The flexible layout may also support use as a larger single-family home while maintaining separation for extended family or multigenerational living.
Each unit features modern updates including quartz countertops, new cabinetry, stainless steel appliances, luxury vinyl flooring, recessed lighting, and energy-efficient dual pane windows. Additional improvements include earthquake retrofitting, owned solar, and fresh interior and exterior paint, along with onsite parking.
The property is located minutes from Downtown San Jose, The Plant Shopping Center, major commuter routes including Highways 87, 280, 680, and 101, and San Jose International Airport, with the nearby Google Downtown West campus also cited as a factor for long-term investment interest.
Each unit features modern updates including quartz countertops, new cabinetry, stainless steel appliances, luxury vinyl flooring, recessed lighting, and energy-efficient dual pane windows. Additional improvements include earthquake retrofitting, owned solar, and fresh interior and exterior paint, along with onsite parking.
The property is located minutes from Downtown San Jose, The Plant Shopping Center, major commuter routes including Highways 87, 280, 680, and 101, and San Jose International Airport, with the nearby Google Downtown West campus also cited as a factor for long-term investment interest.
Key Highlights
- 1,816 sq ft triplex with three separately metered units and onsite parking
- Upstairs: 2BD/1BA unit plus 1BD/1BA unit
- Lower level: fully permitted 2BD/1BA unit with a spacious upgraded kitchen
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 | $61.4k | $33.60 |
| − Vacancy | −$2.6k | −$1.43 |
| EGI | $58.7k | $32.17 |
| − OpEx | −$17.6k | −$9.65 |
| NOI | $41.1k | $22.52 |
1,826 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$587.3K
$513.9K – $685.2K
NOI $41,114 @ 7.0% cap · market cap 2.99%
Second Best
Apartment 5plus
$542.6K
$474.8K – $633.0K
NOI $37,981 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$1.10M
$964.9K – $1.29M
NOI $77,194 @ 7.0% cap · market cap 5.61%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Triplex offers three separately metered units with modern finishes, onsite parking, earthquake retrofitting, and owned solar.
Where is this triplex located?
The property is located at 1365 Vine Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: 1,816 sq ft triplex with three separately metered units and onsite parking; Upstairs: 2BD/1BA unit plus 1BD/1BA unit; Lower level: fully permitted 2BD/1BA unit with a spacious upgraded kitchen
