Residential Duplex with
For Sale
$1,648,000
2338-2340 Pauline Drive, San Jose, CA 95124
ResidentialIncome, SanJose, CA
Property Size2,395 SF
Lot Size0.18 Acres
Price / SF$688.10
Days on Market32
Property Features for 2338-2340 Pauline Drive
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R3
Parking
2
Parking features
Garage
Elementary school
CambrianElementary
Middle school
PriceCharterMiddle
High school
CampbellUnionHigh
Elementary school district
CambrianElementary
High school district
CampbellUnionHigh
Subdivision
WillowGlen
Standard status
Active
APN
412-20-006
Size
2,395 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
0
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1961
Number of units
2
Roof type
Composition
Listing Agency:
KW Bay Area Estates · Keller Williams Realty
(408) 560-9000
Listed By:
Julie Wyss · License #01350871
(408) 455-9646
Added: Sep 21
Changed: Oct 21
Last Checked: Oct 22 at 10:06AM
MLS# ML82062105
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This residential duplex contains 2,395 square feet on a 0.1791-acre lot. Built in 1961, the property has forced-air heating, a composition roof, and garage parking. Public water and public sewer serve the site, which is zoned R3.
The property is at 2338-2340 Pauline Drive in San Jose’s 95124 ZIP code. Cambrian, Campbell, Los Gatos, Downtown Campbell, and The Pruneyard are identified in the property information as nearby destinations.
The property is at 2338-2340 Pauline Drive in San Jose’s 95124 ZIP code. Cambrian, Campbell, Los Gatos, Downtown Campbell, and The Pruneyard are identified in the property information as nearby destinations.
Key Highlights
- 2,395‑square‑foot duplex on a 0.1791‑acre lot
- R3 zoning
- Built in 1961
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,925
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,078,500
$1.1M
Cap Rate 7%
$770,357
$770.4K
Cap Rate 9%
$599,167
$599.2K
Market Conditions
NOI Build-Up for 2,395 SF
Gross rent
$80.5K $33.60/SF
− Vacancy
−$3.4K −$1.43/SF
EGI
$77.0K $32.17/SF
− OpEx
−$23.1K −$9.65/SF
NOI
$53.9K $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%
$1,078,500
Cap Rate 7%
$770,357
Cap Rate 9%
$599,167
Alternative Uses
Best Use
Multifamily LT 5
$770.4K
$674.1K – $898.8K
NOI $53,925 @ 7.0% cap · market cap 3.27%
Second Best
Apartment 5plus
$711.7K
$622.7K – $830.3K
NOI $49,816 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,249 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,853
Businesses Nearby
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Business Placement
Demographics for 95124, CA
50,054
Population
18,143
Households
2.8
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
6.6 sq mi
ZIP Area
7,584
Density / Sq Mi
$188,433
Median Household Income
$90,422
Median Earnings
$2,936
Median Rent
$1,596,700
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - The two-unit property has forced-air heating and garage parking.
Where is this duplex located?
The property is located at 2338-2340 Pauline Drive San Jose, CA.
What is the asking price?
The asking price for this property is $1,648,000.
What are key features of this property?
This property features: 2,395‑square‑foot duplex on a 0.1791‑acre lot; R3 zoning; Built in 1961
