Ranch-Style Duplex
5733 Preston Drive San Jose, CA 95124
5733 Preston Drive, San Jose, CA, 95124
$1,250,000
For Sale
$1,250,000
Corner duplex with two distinct floor plans, including separate garages and separate entries, sold AS-IS.
Property Size2,654 SF
Price / SF$470.99
Days on Market81
Property Features for 5733 Preston Drive
General Information
- Standard status
- Active
- Size
- 2,654 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1971
Listing agency
California Realty
(650) 861-2292
Listed by
Steven Karp · License #00809114
(650) 861-2292
Source
Exitrealty
Added: May 2 Updated: Jul 20 at 5:24PM Checked: Jul 21 at 5:09AM
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 California Realty
Investment Insights
Based on property information with market context.
Ranch-style duplex presents two separate residential units with distinct layouts. 5733 Preston Drive features a 2-bedroom, 1-bath design with an open living area, an eat-in kitchen, and an attached one-car garage. 5735 Preston Drive offers a 3-bedroom, 2-bath floor plan with ground-level living areas, a separate rear entry, a two-car garage, and a fireplace.
The property is located on a corner of a quiet residential street and Camden Avenue, with convenient access to Cambrian Park Plaza, nearby shopping and dining, and major commute routes including Highway 85.
The duplex appears to be in predominantly original condition with deferred maintenance evident. The property is being sold AS-IS, and buyers should verify all information, including condition, square footage, permits, usage, and zoning, with the City of San Jose and appropriate professionals.
The property is located on a corner of a quiet residential street and Camden Avenue, with convenient access to Cambrian Park Plaza, nearby shopping and dining, and major commute routes including Highway 85.
The duplex appears to be in predominantly original condition with deferred maintenance evident. The property is being sold AS-IS, and buyers should verify all information, including condition, square footage, permits, usage, and zoning, with the City of San Jose and appropriate professionals.
Key Highlights
- 1971 ranch‑style duplex on a corner lot in San Jose’s Cambrian area
- Two units: 5733 Preston Dr (2‑bed, 1‑bath) with open living area, eat‑in kitchen, and attached 1‑car garage
- 5735 Preston Dr unit offers 3‑bed, 2‑bath layout with ground‑level living areas, fireplace, separate rear entry, and 2‑car garage
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 | $89.2k | $33.60 |
| − Vacancy | −$3.8k | −$1.43 |
| EGI | $85.4k | $32.17 |
| − OpEx | −$25.6k | −$9.65 |
| NOI | $59.8k | $22.52 |
2,654 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$853.7K
$747.0K – $996.0K
NOI $59,757 @ 7.0% cap · market cap 4.78%
Second Best
Apartment 5plus
$788.6K
$690.0K – $920.1K
NOI $55,203 @ 7.0% cap · market cap 4.42%
Theoretical Best
Office A
$1.60M
$1.40M – $1.87M
NOI $112,198 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Corner duplex with two distinct floor plans, including separate garages and separate entries, sold AS-IS.
Where is this duplex located?
The property is located at 5733 Preston Drive San Jose, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 1971 ranch‑style duplex on a corner lot in San Jose’s Cambrian area; Two units: 5733 Preston Dr (2‑bed, 1‑bath) with open living area, eat‑in kitchen, and attached 1‑car garage; 5735 Preston Dr unit offers 3‑bed, 2‑bath layout with ground‑level living areas, fireplace, separate rear entry, and 2‑car garage
