Residential Income Property with Central
For Sale
$1,300,000
Pending
425 North 7th Street, San Jose, CA 95112
The property includes forced-air heating, a fenced exterior, and a carport.
Property Size1,808 SF
Days on Market31
Property Features for 425 North 7th Street
General Information
Standard status
Pending
Size
1,808 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
RM
Lease Term
12 Months
Site & Location
Neighborhood
Hensley
Taxes and HOA fees
Annual Taxes
$16,250
Amenities
Central Air
Forced Air
Crawl Space
Oven, Range, Washer, Disposal, Washer/Dryer, Dishwasher, Microwave, Refrigerator, Electric Range
Fenced
Carport, On Street
Building Details
Building Size
1,808 SF
Year Built
1964
Buildings
2
Stories
1
Listing Agency:
KW Bay Area Estates
Listed By:
Scott C. Poncetta · License #01497030
(408) 757-1007
Source:
Evrealestate
Added: Sep 23
Changed: Oct 21
Last Checked: Oct 23 at 8:04AM
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 KW Bay Area Estates
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Investment Insights
Based on property information with market context.
Built in 1964, this 1,808-square-foot residential income property has central air, forced-air heating, and a crawl space. Appliances include an oven, range, electric range, washer, washer/dryer, disposal, dishwasher, microwave, and refrigerator. The exterior is fenced and offers a carport, with on-street parking also noted.
The property is at 425 North 7th Street in San Jose, between Washington and Empire streets. Zoning is RM.
The property is at 425 North 7th Street in San Jose, between Washington and Empire streets. Zoning is RM.
Key Highlights
- 1,808 square feet; built in 1964
- RM zoning
- Central air and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,606
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,120
$752.1K
Cap Rate 7%
$537,229
$537.2K
Cap Rate 9%
$417,844
$417.8K
Market Conditions
NOI Build-Up for 1,808 SF
Gross rent
$71.6K $39.60/SF
− Vacancy
−$3.2K −$1.78/SF
EGI
$68.4K $37.82/SF
− OpEx
−$30.8K −$17.02/SF
NOI
$37.6K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$752,120
Cap Rate 7%
$537,229
Cap Rate 9%
$417,844
Alternative Uses
Best Use
Apartment 5plus
$537.2K
$470.1K – $626.8K
NOI $37,606 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$955.4K – $1.27M
NOI $76,433 @ 7.0% cap · market cap 5.88%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Location Intelligence
Trade Area within ½ mile
3,440
Businesses Nearby
Explore this area
Business Placement
Demographics for 95112, CA
60,754
Population
22,969
Households
2.6
Avg Household Size
33
Median Age
39%
College-Educated
82%
High-School Grad
7.3 sq mi
ZIP Area
8,322
Density / Sq Mi
$89,649
Median Household Income
$45,690
Median Earnings
$2,095
Median Rent
$956,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The property includes forced-air heating, a fenced exterior, and a carport.
Where is this residential income property located?
The property is located at 425 North 7th Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 1,808 square feet; built in 1964; RM zoning; Central air and forced‑air heating
