Residential Income
1823 Lincoln Ave San Jose, CA 95125
1823 Lincoln Ave, San Jose, CA, 95125
$1,599,000
For Sale
$1,599,000
Duplex with a separate 2-bedroom unit and a 3-bedroom unit, each with multiple baths and dedicated interior living space.
Property Size2,404 SF
Price / SF$665.14
Days on Market136
Property Features for 1823 Lincoln Ave
General Information
- Standard status
- Active
- Size
- 2,404 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1949
Listing agency
Silicon Valley Residential Brokerage Inc
(408) 923-1750
Listed by
Gordon Winans · License #01088031
(408) 923-1750
Source
Exitrealty
Added: Mar 8 Updated: Jul 21 at 10:12PM Checked: Jul 21 at 10:12PM
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 Silicon Valley Residential Brokerage Inc
Investment Insights
Based on property information with market context.
This residential income duplex includes two separate units at 1825 and 1823 Lincoln Ave. Unit 1825 is described as a 2-bedroom, 1 1/2-bath home, and Unit 1823 is described as a 3-bedroom, 2-bath home. Interior features mentioned for the property include a fireplace, hardwood and tile flooring, and a separate family room for additional living or entertainment space. A dedicated laundry area is included, and the property’s garage is described as providing space for up to three vehicles.
The property is located in Willow Glen in San Jose and is within the San Jose Unified School District.
Additional comfort features cited in the remarks include central AC and ceiling fans.
The property is located in Willow Glen in San Jose and is within the San Jose Unified School District.
Additional comfort features cited in the remarks include central AC and ceiling fans.
Key Highlights
- Duplex layout: unit 1825 is a 2‑bedroom, 1.5‑bath home; unit 1823 is a 3‑bedroom, 2‑bath home
- Separate interior living space for each unit
- Year built: 1949
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 | $80.8k | $33.60 |
| − Vacancy | −$3.2k | −$1.34 |
| EGI | $77.6k | $32.26 |
| − OpEx | −$23.3k | −$9.68 |
| NOI | $54.3k | $22.58 |
2,404 SF · lease $33.60/SF/yr · vacancy 3.99% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$775.5K
$678.6K – $904.8K
NOI $54,286 @ 7.0% cap · market cap 3.39%
Second Best
Apartment 5plus
$716.6K
$627.0K – $836.0K
NOI $50,160 @ 7.0% cap · market cap 3.14%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,629 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with a separate 2-bedroom unit and a 3-bedroom unit, each with multiple baths and dedicated interior living space.
Where is this duplex located?
The property is located at 1823 Lincoln Ave San Jose, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Duplex layout: unit 1825 is a 2‑bedroom, 1.5‑bath home; unit 1823 is a 3‑bedroom, 2‑bath home; Separate interior living space for each unit; Year built: 1949
