Building Details

Year Built 1961

Buildings 1

Stories 1

Listing Agency: DPL Real Estate

Listed By: David Lillo · License #01803836 Show Phone

Source: Exitrealty

Added: Aug 28 Changed: Sep 9 Last Checked: Sep 15 at 6:23AM

Report an Issue

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

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 1,400-square-foot duplex at 2439 Clyda Drive includes two single-story residences, each with two bedrooms and one full bathroom. The homes feature open kitchens, gas cooktops, tile flooring, and abundant natural light. The residence at 2439 Clyda includes a gas cooktop and tile flooring, while 2441 Clyda adds stainless steel appliances, a separate dining area, and laminate flooring alongside tile. Each unit has its own electric and gas meter.

The property offers access to Highway 680, Highway 280, and Highway 101, with parks and shopping nearby. Built in 1961, the duplex combines a two-unit layout with individually metered utilities and practical residential finishes.

Key Highlights

• 1,400‑square‑foot duplex with two single‑story residences
• Each unit offers 2 bedrooms and 1 full bathroom
• Separate electric and gas meters for each residence

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,522

Cap Rate

3.33%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$630,440 $630.4K

Cap Rate 7%

$450,314 $450.3K

Cap Rate 9%

$350,244 $350.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,400 SF

Gross rent

$47.0K $33.60/SF

− Vacancy

−$2.0K −$1.43/SF

EGI

$45.0K $32.17/SF

− OpEx

−$13.5K −$9.65/SF

NOI

$31.5K $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%

$630,440

Cap Rate 7%

$450,314

Cap Rate 9%

$350,244

Alternative Uses

Best Use

Multifamily LT 5

$450.3K

$394.0K – $525.4K (±1% cap)

NOI $31,522 @ 7.0% cap · market cap 3.33%

Second Best

Apartment 5plus

$416.0K

$364.0K – $485.3K (±1% cap)

NOI $29,120 @ 7.0% cap · market cap 3.07%

Theoretical Best

Office A

$845.5K

$739.8K – $986.4K (±1% cap)

NOI $59,185 @ 7.0% cap · market cap 6.24%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Gym & Fitness Center Bar & Pub Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

987

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Similar For Sale Nearby

See more

Single-Story Duplex with Garages

2151 Lausett Ave, San Jose, CA 95116

$998,000

1,450 SF

View details

Two-Unit Duplex

632 Gittle CT, San Jose, CA 95116

$1,199,888

1,488 SF

View details

Updated Duplex with Basement Living Area

773 State Street, San Jose, CA 95110

$1,399,000

1,429 SF

View details

Renovated Duplex with Private Garages

767 Bonita AVE, San Jose, CA 95116

$1,349,888

1,450 SF

View details

Updated Duplex with Private Backyard

923 & 925 Paula St, San Jose, CA 95126

$1,195,000

1,542 SF

View details

Craftsman Duplex

1011 S 9th ST, San Jose, CA 95112

$1,349,000

1,488 SF

View details

Duplex with Covered Parking

639 Jackson ST, San Jose, CA 95112

$1,149,000

1,224 SF

View details

Duplex With Detached Garages

779 N 14th ST, San Jose, CA 95112

$869,999

1,152 SF

View details

Two-Unit Duplex

830 & 832 Creek DR, San Jose, CA 95125

$1,450,000

1,296 SF

View details

Large Lot with Five-Bedroom Home

855 N 12th Street, San Jose, CA 95112

$1,275,000

1,600 SF

View details

Spanish-Style Duplex with Garage

196 N 17th St, San Jose, CA 95112

$1,095,000

1,732 SF

View details

Tenant-Occupied Duplex Near Highway Access

327329 Atlanta, San Jose, CA 95125

$1,298,000

1,675 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Well-maintained duplex with separate utility metering and two light-filled residences.

Where is this duplex located?

The property is located at 2439 Clyda Drive San Jose, CA.

What is the asking price?

The asking price for this property is $948,000.

What are key features of this property?

This property features: 1,400‑square‑foot duplex with two single‑story residences; Each unit offers 2 bedrooms and 1 full bathroom; Separate electric and gas meters for each residence