Victorian Duplex with Updated
42 Union Street San Jose, CA 95110
For Sale
$1,175,000
Victorian duplex built in 1889 with two updated residences, each featuring modern flooring and renovated kitchens.
Property Size1,784 SF
Price / SF$658.63
Days on Market19
Property Features for 42 Union Street
General Information
- Standard status
- Active
- Size
- 1,784 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1889
Listing Agency:
Akimax Lending
(408) 592-5323
Listed By:
Juan J Coss · License #01783280
(408) 592-5323
Source:
Exitrealty
Added: Jul 6
Changed: Jul 23
Last Checked: Jul 23 at 3:22PM
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 Akimax Lending
Investment Insights
Based on property information with market context.
42 Union Street is a Victorian duplex built in 1889 that has been thoughtfully updated throughout. The property offers two separate units: an upper unit with 4 bedrooms and 2 bathrooms, and a lower unit with 3 bedrooms and 2 bathrooms. Both residences feature high ceilings, modern LVP flooring, and renovated kitchens with quartz countertops, stainless steel appliances, and white shaker cabinetry.
Each unit also provides outdoor space. The upper unit opens to a covered deck with views of the backyard, while the lower level includes its own private patio area. Additional updates include refreshed plumbing and electrical, along with fresh interior finishes.
Set on an expansive lot, the duplex includes a long driveway accommodating multiple vehicles or RVs. Conveniently located just minutes from downtown San Jose and the future Google Village development, the property also offers easy access to Highways 280, 101, and 87.
Each unit also provides outdoor space. The upper unit opens to a covered deck with views of the backyard, while the lower level includes its own private patio area. Additional updates include refreshed plumbing and electrical, along with fresh interior finishes.
Set on an expansive lot, the duplex includes a long driveway accommodating multiple vehicles or RVs. Conveniently located just minutes from downtown San Jose and the future Google Village development, the property also offers easy access to Highways 280, 101, and 87.
Key Highlights
- Victorian duplex built in 1889 with two updated units in San Jose
- Upper unit: 4BD/2BA with high ceilings, modern LVP flooring, and renovated kitchen with quartz counters and stainless appliances
- Lower unit: 3BD/2BA with high ceilings, modern LVP flooring, and renovated kitchen with quartz counters and stainless appliances
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 | $59.9k | $33.60 |
| − Vacancy | −$2.6k | −$1.43 |
| EGI | $57.4k | $32.17 |
| − OpEx | −$17.2k | −$9.65 |
| NOI | $40.2k | $22.52 |
1,784 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$573.8K
$502.1K – $669.5K
NOI $40,168 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$530.1K
$463.8K – $618.5K
NOI $37,107 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.08M
$942.7K – $1.26M
NOI $75,419 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Victorian duplex built in 1889 with two updated residences, each featuring modern flooring and renovated kitchens.
Where is this duplex located?
The property is located at 42 Union Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Victorian duplex built in 1889 with two updated units in San Jose; Upper unit: 4BD/2BA with high ceilings, modern LVP flooring, and renovated kitchen with quartz counters and stainless appliances; Lower unit: 3BD/2BA with high ceilings, modern LVP flooring, and renovated kitchen with quartz counters and stainless appliances
