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Two-Unit Duplex with Attached Garages

1518 Darryl Drive San Jose, CA 95130

1518 Darryl Drive, San Jose, CA, 95130
$1,900,888
For Sale
$1,900,888

Duplex built in 1978 offering two units, each with an attached two-car garage, with one unit move-in ready.

Property Size3,076 SF
Lot Size0.24 Acres
Price / SF$617.97
Days on Market23

Property Features for 1518 Darryl Drive

General Information

Standard status
Active
Size
3,076 SF
Lot size
0.24 Acres
Property subtype
Multi Family

Building Details

Year Built
1978
Listing agency Metro Property Management
Listed by Desiree Breschi · License #01983741
Source Exitrealty
Added: Jun 30 Updated: Jul 21 at 4:35AM Checked: Jul 22 at 6:34AM

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 Metro Property Management


Investment Insights

Based on property information with market context.

1518–1520 Darryl Drive is a duplex built in 1978 featuring approximately 3,076 sq. ft. of living space across two units. Each unit includes an attached two-car garage. One unit is vacant and has been extensively improved with modern finishes and is presented as move-in ready.

The second unit is occupied by a long-term tenant and features an updated kitchen, providing immediate rental income. The property is located in the Moreland School District and Campbell Union High School District.

The overall configuration supports both owner-occupant use and income generation, with the added convenience of attached two-car garages for each unit.

Key Highlights

  • Duplex built in 1978 with approximately 3,076 sq. ft. of living space on a 10,395± sq. ft. lot
  • Two units, each with an attached two‑car garage
  • Vacant unit has modern finishes and is move‑in ready

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 $103.4k $33.60
− Vacancy −$4.4k −$1.43
EGI $98.9k $32.17
− OpEx −$29.7k −$9.65
NOI $69.3k $22.52
3,076 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$989.4K
$865.7K – $1.15M (±1% cap)
NOI $69,258 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$914.0K
$799.8K – $1.07M (±1% cap)
NOI $63,980 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,038 @ 7.0% cap · market cap 6.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility (Bike/Boat/Book/etc) Store Plumbing Service Home Appliance Store Big Box & Wholesale Store Discount Store Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex built in 1978 offering two units, each with an attached two-car garage, with one unit move-in ready.
Where is this duplex located?
The property is located at 1518 Darryl Drive San Jose, CA.
What is the asking price?
The asking price for this property is $1,900,888.
What are key features of this property?
This property features: Duplex built in 1978 with approximately 3,076 sq. ft. of living space on a 10,395± sq. ft. lot; Two units, each with an attached two‑car garage; Vacant unit has modern finishes and is move‑in ready
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