Single-Story Duplex with
For Sale
$998,000
2151 Lausett Ave, San Jose, CA 95116
Each residence includes an open kitchen, tile flooring, and a private garage.
Property Size1,450 SF
Price / SF$688.28
Days on Market29
Property Features for 2151 Lausett Ave
General Information
Standard status
Active
Size
1,450 SF
Total Parking Spaces
2
Property subtype
Residential Income
Site & Location
Highway Access
Yes
Road Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$6,847
Building Details
Buildings
1
Stories
1
Listing Agency:
DPL Real Estate
Listed By:
David Lillo · License #01803836
(408) 621-5649
Source:
Exprealty
Added: Sep 9
Changed: Oct 3
Last Checked: Oct 5 at 11:38PM
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
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.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,598
Businesses Nearby
Explore this area
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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
