Attached Duplex with Separate
4006 Gion Avenue San Jose, CA 95127
4006 Gion Avenue, San Jose, CA, 95127
$1,149,000
Pending
For Sale
$1,149,000
Pending
Duplex offers two attached homes with fenced front and side yards and stainless appliances.
Property Size2,563 SF
Days on Market325
Property Features for 4006 Gion Avenue
General Information
- Standard status
- Pending
- Size
- 2,563 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1947
Listing agency
Coldwell Banker Realty
(408) 723-3300
Listed by
Lisa Blaylock · License #00920723
Source
Exitrealty
Added: Aug 31, 2025 Updated: Jul 20 at 5:23PM Checked: Jul 21 at 3:06AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
This attached duplex presents two separate units under one configuration, designed to function like two homes. The main house includes downstairs bedrooms, laminate floors, and stainless steel appliances, along with spacious fenced front and side yards. The second unit features 3 bedrooms and 1½ baths and also has its own yard space.
Each unit has access to its own outdoor areas, and the property operates with one gas and water bill and meter. The home is described as conveniently located near schools, shopping, public transportation, and local amenities including the Saturday Farmers Market at Lick High School, Alum Rock Park and Library, and freeway access.
Overall, the layout provides separate bedroom/bath configurations with fenced yards for each side, supported by durable interior finishes and a kitchen package featuring stainless steel appliances.
Each unit has access to its own outdoor areas, and the property operates with one gas and water bill and meter. The home is described as conveniently located near schools, shopping, public transportation, and local amenities including the Saturday Farmers Market at Lick High School, Alum Rock Park and Library, and freeway access.
Overall, the layout provides separate bedroom/bath configurations with fenced yards for each side, supported by durable interior finishes and a kitchen package featuring stainless steel appliances.
Key Highlights
- 1947‑built duplex with two attached homes
- Unit mix: one side offers 3 bedrooms and 2 bathrooms, plus a second 3‑bedroom unit with 1½ bath
- Each home has separate fenced front and side yards
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.4k | $30.60 |
| − Vacancy | −$3.1k | −$1.22 |
| EGI | $75.3k | $29.38 |
| − OpEx | −$22.6k | −$8.81 |
| NOI | $52.7k | $20.57 |
2,563 SF · lease $30.60/SF/yr · vacancy 3.99% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$753.0K
$658.9K – $878.5K
NOI $52,709 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$694.5K
$607.7K – $810.3K
NOI $48,616 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,708 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex offers two attached homes with fenced front and side yards and stainless appliances.
Where is this duplex located?
The property is located at 4006 Gion Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,149,000.
What are key features of this property?
This property features: 1947‑built duplex with two attached homes; Unit mix: one side offers 3 bedrooms and 2 bathrooms, plus a second 3‑bedroom unit with 1½ bath; Each home has separate fenced front and side yards
