Updated Triplex with
1365 Vine St San Jose, CA 95110
1365 Vine St, San Jose, CA, 95110
$1,445,000
For Sale
$1,445,000
Updated triplex offering three separate units with modern finishes, onsite parking, earthquake retrofitting, and owned solar.
Property Size1,816 SF
Price / SF$795.70
Days on Market73
Property Features for 1365 Vine St
General Information
- Standard status
- Active
- Size
- 1,816 SF
- Property subtype
- Investment
Building Details
- Year Built
- 1900
Listing agency
(408) 981-4079
Listed by
DeVonna Meyer
(408) 981-4079
Source
Elliman
Added: May 12 Updated: Jul 23 at 2:30AM Checked: Jul 23 at 2:30AM
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 DeVonna Meyer
Investment Insights
Based on property information with market context.
This beautifully updated triplex offers 1,816 sq ft and is currently configured as three separate residential units. The upstairs level includes a two-bedroom, one-bath unit and a one-bedroom, one-bath unit, while the lower level is a fully permitted two-bedroom, one-bath unit with an upgraded kitchen. The flexible layout can also support use as a large single-family home with separation for extended family or multigenerational living.
Each unit features modern upgrades 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, with onsite parking for added convenience.
Conveniently located minutes from Downtown San Jose and The Plant Shopping Center, with access to major commuter routes including Highways 87, 280, 680, and 101 and San Jose International Airport.
Each unit features modern upgrades 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, with onsite parking for added convenience.
Conveniently located minutes from Downtown San Jose and The Plant Shopping Center, with access to major commuter routes including Highways 87, 280, 680, and 101 and San Jose International Airport.
Key Highlights
- Updated 1,816 sq ft triplex with three separate units: 2BD/1BA upstairs and 1BD/1BA upstairs, plus a fully permitted 2BD/1BA lower level
- Modern upgrades across units include quartz countertops, new cabinetry, stainless steel appliances, luxury vinyl flooring, recessed lighting, and energy efficient dual pane windows
- Earthquake retrofitting completed, plus fresh interior and exterior paint
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 | $61.0k | $33.60 |
| − Vacancy | −$2.6k | −$1.43 |
| EGI | $58.4k | $32.17 |
| − OpEx | −$17.5k | −$9.65 |
| NOI | $40.9k | $22.52 |
1,816 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$584.1K
$511.1K – $681.5K
NOI $40,889 @ 7.0% cap · market cap 2.83%
Second Best
Apartment 5plus
$539.6K
$472.2K – $629.6K
NOI $37,773 @ 7.0% cap · market cap 2.61%
Theoretical Best
Office A
$1.10M
$959.7K – $1.28M
NOI $76,772 @ 7.0% cap · market cap 5.31%
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 - Updated triplex offering three separate units with modern finishes, onsite parking, earthquake retrofitting, and owned solar.
Where is this triplex located?
The property is located at 1365 Vine St San Jose, CA.
What is the asking price?
The asking price for this property is $1,445,000.
What are key features of this property?
This property features: Updated 1,816 sq ft triplex with three separate units: 2BD/1BA upstairs and 1BD/1BA upstairs, plus a fully permitted 2BD/1BA lower level; Modern upgrades across units include quartz countertops, new cabinetry, stainless steel appliances, luxury vinyl flooring, recessed lighting, and energy efficient dual pane windows; Earthquake retrofitting completed, plus fresh interior and exterior paint
