Remodeled Duplex with New
For Sale
$1,399,999
4395 4397 Wessex Dr, San Jose, CA 95136
Two refreshed residences offer practical layouts and updated finishes for owner occupancy or rental use.
Property Size2,128 SF
Price / SF$657.89
Days on Market76
Property Features for 4395 4397 Wessex Dr
General Information
Standard status
Active
Size
2,128 SF
Property subtype
Business Opportunity
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Building Details
Year Built
1972
Year Renovated
2023
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Ted La Scola · License #00596001
(408) 355-1500
Source:
Homeisv
Added: Jul 31
Changed: Sep 24
Last Checked: Oct 12 at 11:56PM
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 duplex contains two separate residences within a 2,128-square-foot property. Each unit is configured with 2 bedrooms and 1.5 bathrooms, providing a consistent layout across both sides. Interior remodeling was completed in 2023, and the roof was replaced during the same year. Originally built in 1972, the property combines established construction with recent improvements.
Located at 4395 and 4397 Wessex Dr in San Jose, the asset offers an owner-occupant or rental configuration, with two residences under one property. The lot is described as favorable in size and may accommodate expansion possibilities, subject to applicable requirements.
Located at 4395 and 4397 Wessex Dr in San Jose, the asset offers an owner-occupant or rental configuration, with two residences under one property. The lot is described as favorable in size and may accommodate expansion possibilities, subject to applicable requirements.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1.5 bathrooms in each residence
- 2,128‑square‑foot property
- Both interiors remodeled in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,913
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$958,260
$958.3K
Cap Rate 7%
$684,471
$684.5K
Cap Rate 9%
$532,367
$532.4K
Market Conditions
NOI Build-Up for 2,128 SF
Gross rent
$71.5K $33.60/SF
− Vacancy
−$3.1K −$1.43/SF
EGI
$68.4K $32.17/SF
− OpEx
−$20.5K −$9.65/SF
NOI
$47.9K $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%
$958,260
Cap Rate 7%
$684,471
Cap Rate 9%
$532,367
Alternative Uses
Best Use
Multifamily LT 5
$684.5K
$598.9K – $798.6K
NOI $47,913 @ 7.0% cap · market cap 3.42%
Second Best
Apartment 5plus
$632.3K
$553.3K – $737.7K
NOI $44,262 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$1.29M
$1.12M – $1.50M
NOI $89,961 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
Explore this area
Business Placement
Demographics for 95136, CA
45,971
Population
16,535
Households
2.8
Avg Household Size
38
Median Age
46%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
8,841
Density / Sq Mi
$143,696
Median Household Income
$69,894
Median Earnings
$2,750
Median Rent
$1,104,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Two refreshed residences offer practical layouts and updated finishes for owner occupancy or rental use.
Where is this duplex located?
The property is located at 4395 4397 Wessex Dr San Jose, CA.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1.5 bathrooms in each residence; 2,128‑square‑foot property; Both interiors remodeled in 2023
