Three-Unit Victorian
For Sale
$1,198,000
1365 Vine Street, San Jose, CA 95110
ResidentialIncome, Victorian, SanJose, CA
Property Size2,231 SF
Lot Size0.13 Acres
Price / SF$536.98
Days on Market37
Property Features for 1365 Vine Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R2
Parking
3
Appliances
WasherDryer
Elementary school
SanJoseUnified
High school
SanJoseUnified
Elementary school district
SanJoseUnified
High school district
SanJoseUnified
Subdivision
CentralSanJose
Standard status
Active
APN
434-11-072
Size
2,231 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Public Sewer
Heating system
Radiant, Radiant Floor, Central, Forced Air, Electric (Heating)
Water source
Public
Amenities
laundry
storage
Building Details
Year built
1900
Floors in Building
1
Number of units
3
Flooring type
Linoleum
Roof type
Composition
Architectural style
Victorian
Listing Agency:
Christie's International Real Estate Sereno
(408) 335-1400
Listed By:
Gummow Brothers · License #70010170
(408) 616-9146
Added: Sep 16
Changed: Oct 21
Last Checked: Oct 22 at 11:06AM
MLS# ML82060888
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 2,231-square-foot Victorian triplex dates to 1900 and contains three distinct apartments. The front residence has two bedrooms, one bath, a porch, and a private front yard. A two-bedroom basement unit includes a separate kitchen, living room, and family room. At the rear, a vacant one-bedroom apartment has an office that may serve as a second bedroom, one bath, and backyard and patio access; the other two units are tenant-occupied.
Capital work includes a 200-amp electrical service, extensive rewiring, Type L copper plumbing, an engineered seismic retrofit inspected by the City, owned solar, drainage and grading work, foundation waterproofing, and a roof replaced in 2016. Interior features include quartz counters, cabinetry, stainless appliances, LVP flooring, recessed lighting, and dual-pane windows. The property also has approximately three on-site parking spaces plus guest parking, laundry, and storage. The 0.1258-acre site is served by public water and sewer.
Capital work includes a 200-amp electrical service, extensive rewiring, Type L copper plumbing, an engineered seismic retrofit inspected by the City, owned solar, drainage and grading work, foundation waterproofing, and a roof replaced in 2016. Interior features include quartz counters, cabinetry, stainless appliances, LVP flooring, recessed lighting, and dual-pane windows. The property also has approximately three on-site parking spaces plus guest parking, laundry, and storage. The 0.1258-acre site is served by public water and sewer.
Key Highlights
- Three units: two 2‑bedroom apartments and one vacant 1‑bedroom unit with an office
- 2,231 square feet on a 0.1258‑acre lot
- Engineered, City‑inspected seismic retrofit; 200‑amp electrical service and Type L copper plumbing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,233
Cap Rate
4.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,004,660
$1.0M
Cap Rate 7%
$717,614
$717.6K
Cap Rate 9%
$558,144
$558.1K
Market Conditions
NOI Build-Up for 2,231 SF
Gross rent
$75.0K $33.60/SF
− Vacancy
−$3.2K −$1.43/SF
EGI
$71.8K $32.17/SF
− OpEx
−$21.5K −$9.65/SF
NOI
$50.2K $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%
$1,004,660
Cap Rate 7%
$717,614
Cap Rate 9%
$558,144
Alternative Uses
Best Use
Multifamily LT 5
$717.6K
$627.9K – $837.2K
NOI $50,233 @ 7.0% cap · market cap 4.19%
Second Best
Apartment 5plus
$662.9K
$580.1K – $773.4K
NOI $46,405 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,316 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,573
Businesses Nearby
Explore this area
Business Placement
Demographics for 95110, CA
20,495
Population
7,568
Households
2.7
Avg Household Size
35
Median Age
40%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
4,455
Density / Sq Mi
$132,800
Median Household Income
$60,241
Median Earnings
$2,629
Median Rent
$947,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences include two tenant-occupied units and a vacant rear apartment with a bedroom and office.
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 $1,198,000.
What are key features of this property?
This property features: Three units: two 2‑bedroom apartments and one vacant 1‑bedroom unit with an office; 2,231 square feet on a 0.1258‑acre lot; Engineered, City‑inspected seismic retrofit; 200‑amp electrical service and Type L copper plumbing
