Renovated Income Duplex
420 Bridgevale Rd Hollister, CA 95023
420 Bridgevale Rd, Hollister, CA, 95023
$799,900
Pending
For Sale
$799,900
Pending
Renovated duplex with front 3-bed/2-bath home and a rear 1-bed/1-bath unit on a spacious lot.
Property Size1,784 SF
Days on Market103
Property Features for 420 Bridgevale Rd
General Information
- Standard status
- Pending
- Size
- 1,784 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1944
Listing agency
Adequate Real Estate Service
(831) 455-6302
Listed by
Narciso Lara · License #01763552
(831) 455-6302
Source
Exitrealty
Added: Apr 11 Updated: Jul 22 at 2:15PM Checked: Jul 22 at 2:15PM
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 Adequate Real Estate Service
Investment Insights
Based on property information with market context.
This renovated duplex offers a move-in ready setup with two separate living spaces. The front home features 3 bedrooms and 2 bathrooms, and the rear unit includes 1 bedroom and 1 bathroom. Interior updates include new flooring, fresh paint, and upgraded lighting throughout. The kitchen is appointed with quartz countertops, sleek cabinetry, stainless steel appliances, and a tile backsplash, and the bathrooms have been updated for a contemporary look.
The property sits on a spacious lot at 420 Bridgevale Rd in Hollister, CA 95023, providing outdoor room for future use, including backyard design or expansion plans.
With two functional units already in place, the layout supports flexible occupancy options, including live-in and rental use.
The property sits on a spacious lot at 420 Bridgevale Rd in Hollister, CA 95023, providing outdoor room for future use, including backyard design or expansion plans.
With two functional units already in place, the layout supports flexible occupancy options, including live-in and rental use.
Key Highlights
- 1944‑built renovated duplex with a front 3‑bed/2‑bath home and a rear 1‑bed/1‑bath unit
- Rear 1‑bed/1‑bath unit provides space for rental income, multi‑generational living, or a private guest area
- Upgrades include new flooring, fresh paint, and upgraded lighting throughout
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 | $59.9k | $33.60 |
| − Vacancy | −$3.1k | −$1.75 |
| EGI | $56.8k | $31.85 |
| − OpEx | −$17.0k | −$9.55 |
| NOI | $39.8k | $22.29 |
1,784 SF · lease $33.60/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$568.1K
$497.1K – $662.8K
NOI $39,769 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$484.4K
$423.9K – $565.2K
NOI $33,910 @ 7.0% cap · market cap 4.24%
Theoretical Best
Office A
$1.08M
$942.4K – $1.26M
NOI $75,392 @ 7.0% cap · market cap 9.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Renovated duplex with front 3-bed/2-bath home and a rear 1-bed/1-bath unit on a spacious lot.
Where is this duplex located?
The property is located at 420 Bridgevale Rd Hollister, CA.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 1944‑built renovated duplex with a front 3‑bed/2‑bath home and a rear 1‑bed/1‑bath unit; Rear 1‑bed/1‑bath unit provides space for rental income, multi‑generational living, or a private guest area; Upgrades include new flooring, fresh paint, and upgraded lighting throughout
