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Duplex with Private Yards
For Sale
$1,350,000

1501 Kooser Road, San Jose, CA 95118

Two units provide separate garages, laundry areas, courtyards, and fenced backyards.

Property Size1,893 SF
Price / SF$713.15
Days on Market410

Property Features for 1501 Kooser Road

General Information

Standard status Active
Size 1,893 SF
Total Parking Spaces 2
Property subtype Multi Family

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units 2
Parking per Unit 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $5,303

Amenities

private courtyards
large fenced backyards
laundry

Building Details

Year Built 1971
Buildings 1
Listing Agency: Milestone Realty
Listed By: Susan Kuramoto · License #01199727
Source: Exitrealty
Added: Aug 31, 2025 Changed: Sep 2 Last Checked: Sep 15 at 4:11AM

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 Milestone Realty

Investment Insights

Based on property information with market context.

This 1,893-square-foot duplex, built in 1971, offers a two-bedroom, one-bath unit and a three-bedroom, two-full-bath unit. One side has been remodeled, while the other is occupied by a tenant. Both residences include a private courtyard, a large fenced backyard, a one-car garage, and laundry facilities.

The property is located at 1501 Kooser Road in San Jose, near Princeton Plaza, the farmers market, DeAnza Park, Oakridge Mall, shopping, and restaurants. Highway 17, Highway 85, and Highway 87 are minutes away. Tenant access is appointment-only, and the property is available for scheduled viewing.

Key Highlights

  • 1,893‑square‑foot duplex built in 1971
  • Two‑bedroom, one‑bath unit paired with a three‑bedroom, two‑full‑bath unit
  • One unit remodeled; the other has a tenant in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$42,622
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$852,440 $852.4K
Cap Rate 7%
$608,886 $608.9K
Cap Rate 9%
$473,578 $473.6K
Market Conditions
NOI Build-Up for 1,893 SF
Gross rent
$63.6K $33.60/SF
− Vacancy
−$2.7K −$1.43/SF
EGI
$60.9K $32.17/SF
− OpEx
−$18.3K −$9.65/SF
NOI
$42.6K $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 Rate 5%
$852,440
Cap Rate 7%
$608,886
Cap Rate 9%
$473,578

Alternative Uses

Best Use
Multifamily LT 5
$608.9K
$532.8K – $710.4K (±1% cap)
NOI $42,622 @ 7.0% cap · market cap 3.16%
Second Best
Apartment 5plus
$562.5K
$492.2K – $656.2K (±1% cap)
NOI $39,374 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.14M
$1.00M – $1.33M (±1% cap)
NOI $80,027 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Big Box & Wholesale Store Auto Repair Shop Barber Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

575
Businesses Nearby

Demographics for 95118, CA

32,764
Population
11,941
Households
2.7
Avg Household Size
40
Median Age
53%
College-Educated
94%
High-School Grad
4.1 sq mi
ZIP Area
7,991
Density / Sq Mi
$148,438
Median Household Income
$80,817
Median Earnings
$2,488
Median Rent
$1,377,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two units provide separate garages, laundry areas, courtyards, and fenced backyards.
Where is this duplex located?
The property is located at 1501 Kooser Road San Jose, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: 1,893‑square‑foot duplex built in 1971; Two‑bedroom, one‑bath unit paired with a three‑bedroom, two‑full‑bath unit; One unit remodeled; the other has a tenant in place
More about this property
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