Single-Story Duplex with
2151 Lausett Ave, San Jose, CA 95116
For Sale
$998,000
Each residence includes an open kitchen, tile flooring, and a private garage.
Property Size1,450 SF
Price / SF$688.28
Days on Market63
Property Features for 2151 Lausett Ave
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Highway Access
Road Access
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Buildings
Stories
Listing Agency:
DPL Real Estate
Listed By:
David Lillo · License CA #01803836
(408) 621-5649
Source:
Exprealty
Added: Sep 9
Changed: Nov 5
Last Checked: Nov 8 at 7:08AM
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 DPL Real Estate
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Investment Insights
Based on property information with market context.
Located at 2151 Lausett Ave, this 1,450-square-foot duplex contains two single-story residences. Each unit offers 2 bedrooms, 1 full bathroom, an open kitchen with a gas cooktop, tile flooring throughout, and comfortable living and dining areas. Double-pane windows and a one-car garage serve each residence, while the property also provides a large driveway and additional street parking.
The duplex offers access to Highway 680, Highway 280, and Highway 101, with parks and shopping nearby. The residences share a practical open-concept layout and provide separate garage parking, making the property suited to residential income use.
The duplex offers access to Highway 680, Highway 280, and Highway 101, with parks and shopping nearby. The residences share a practical open-concept layout and provide separate garage parking, making the property suited to residential income use.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 full bathroom in each residence
- 1,450 SF property with single‑story layouts
- Open kitchens with gas cooktops and tile flooring throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,648
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,960
$653.0K
Cap Rate 7%
$466,400
$466.4K
Cap Rate 9%
$362,756
$362.8K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$48.7K $33.60/SF
− Vacancy
−$2.1K −$1.43/SF
EGI
$46.6K $32.17/SF
− OpEx
−$14.0K −$9.65/SF
NOI
$32.6K $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%
$652,960
Cap Rate 7%
$466,400
Cap Rate 9%
$362,756
Alternative Uses
Best Use
Multifamily LT 5
$466.4K
$408.1K – $544.1K
NOI $32,648 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$430.9K
$377.0K – $502.7K
NOI $30,160 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$875.7K
$766.2K – $1.02M
NOI $61,299 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,598
Businesses Nearby
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Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in San Jose, CA
Properties on Market for Duplexes in San Jose
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes an open kitchen, tile flooring, and a private garage.
Where is this duplex located?
The property is located at 2151 Lausett Ave San Jose, CA.
What is the asking price?
The asking price for this property is $998,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom in each residence; 1,450 SF property with single‑story layouts; Open kitchens with gas cooktops and tile flooring throughout
