Spanish-Style Duplex with
For Sale
$1,095,000
196 N 17th St, San Jose, CA 95112
Two residential units feature fireplaces, private laundry areas, basement storage, and recently refreshed interiors.
Property Size1,732 SF
Price / SF$632.22
Days on Market49
Property Features for 196 N 17th St
General Information
Standard status
Active
Size
1,732 SF
Property subtype
Business Opportunity
Building Details
Year Built
1924
Listing Agency:
Intero Real Estate Services
Listed By:
Dominic Nicoli · License #01112681
(650) 947-4787
Source:
Homeisv
Added: Sep 1
Changed: Oct 5
Last Checked: Oct 7 at 5:27PM
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 Intero Real Estate Services
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Investment Insights
Based on property information with market context.
This Spanish-style duplex contains two residential units, each offering 1 bedroom and 1 bath within approximately 866 sq. ft. The combined property includes 2 bedrooms and 2 baths, with a 3-car detached garage. Interior features include living rooms with wood-burning fireplaces, dining areas, kitchens equipped with gas ranges and tile countertops, and bathrooms with tiled shower-over-tub configurations. Each unit also has a laundry room with storage and a sink, along with a basement. Fresh paint and new carpet are noted throughout the interiors.
The property is located in the Roosevelt Park neighborhood, approximately 2 miles from Downtown San Jose. Access to Hwy 101 and East Santa Clara Street provides connections to the Silicon Valley area, while parks and public transit options are nearby.
The property is located in the Roosevelt Park neighborhood, approximately 2 miles from Downtown San Jose. Access to Hwy 101 and East Santa Clara Street provides connections to the Silicon Valley area, while parks and public transit options are nearby.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 2 baths combined
- Each unit offers 1 bedroom, 1 bath, and approximately 866 sq. ft.
- 3‑car detached garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,997
Cap Rate
3.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$779,940
$779.9K
Cap Rate 7%
$557,100
$557.1K
Cap Rate 9%
$433,300
$433.3K
Market Conditions
NOI Build-Up for 1,732 SF
Gross rent
$58.2K $33.60/SF
− Vacancy
−$2.5K −$1.43/SF
EGI
$55.7K $32.17/SF
− OpEx
−$16.7K −$9.65/SF
NOI
$39.0K $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%
$779,940
Cap Rate 7%
$557,100
Cap Rate 9%
$433,300
Alternative Uses
Best Use
Multifamily LT 5
$557.1K
$487.5K – $650.0K
NOI $38,997 @ 7.0% cap · market cap 3.56%
Second Best
Apartment 5plus
$514.6K
$450.3K – $600.4K
NOI $36,025 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.05M
$915.3K – $1.22M
NOI $73,221 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,570
Businesses Nearby
Explore this area
Business Placement
Demographics for 95112, CA
60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Two residential units feature fireplaces, private laundry areas, basement storage, and recently refreshed interiors.
Where is this duplex located?
The property is located at 196 N 17th St San Jose, CA.
What is the asking price?
The asking price for this property is $1,095,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 2 baths combined; Each unit offers 1 bedroom, 1 bath, and approximately 866 sq. ft.; 3‑car detached garage
