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Duplex with Private Yards

601 N 17th Street San Jose, CA 95112

601 N 17th Street, San Jose, CA, 95112
$1,100,000
Pending
For Sale
$1,100,000
Pending

Two mirrored units offer private entrances, attached garages, and separate backyards, with a new roof and dual-pane windows.

Property Size1,688 SF
Days on Market131

Property Features for 601 N 17th Street

General Information

Standard status
Pending
Size
1,688 SF
Property subtype
Multi Family

Building Details

Year Built
1952
Listing agency Christie's International Real Estate Sereno
Listed by Caroline Wong · License #01902140
Source Exitrealty
Added: Mar 13 Updated: Jul 21 at 6:58AM Checked: Jul 21 at 6:58AM

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 Christie's International Real Estate Sereno


Investment Insights

Based on property information with market context.

This duplex features two separate units designed with privacy in mind. Each unit has its own private entrance, two bedrooms, and one bathroom. The units are essentially mirror images with minor layout variations, and the attached garages separate the living spaces so there are no shared walls. Each unit also has a separate backyard for outdoor use.

The property has been improved with a brand new roof and all new dual-pane windows. One unit has been recently remodeled with updated finishes and a more open floor plan, while the other remains in original condition with a long-term tenant in place.

The layout provides two independent residences under one ownership, each with its own entry and outdoor area, supported by recent exterior and window upgrades.

Key Highlights

  • Duplex built in 1952 with two mirrored units, each offering 2 bedrooms and 1 bathroom
  • Each unit has its own private entrance, separate backyard, and no shared walls because living spaces are separated by attached garages
  • Brand new roof and all new dual‑pane windows

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 $56.7k $33.60
− Vacancy −$2.4k −$1.43
EGI $54.3k $32.17
− OpEx −$16.3k −$9.65
NOI $38.0k $22.52
1,688 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$542.9K
$475.1K – $633.4K (±1% cap)
NOI $38,006 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$501.6K
$438.9K – $585.2K (±1% cap)
NOI $35,110 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.02M
$892.0K – $1.19M (±1% cap)
NOI $71,360 @ 7.0% cap · market cap 6.49%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Acupuncture Bed & Breakfast Accounting Firm Veterinary Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two mirrored units offer private entrances, attached garages, and separate backyards, with a new roof and dual-pane windows.
Where is this duplex located?
The property is located at 601 N 17th Street San Jose, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Duplex built in 1952 with two mirrored units, each offering 2 bedrooms and 1 bathroom; Each unit has its own private entrance, separate backyard, and no shared walls because living spaces are separated by attached garages; Brand new roof and all new dual‑pane windows
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