Two-Unit Residential
For Sale
$1,050,000
732 Banff ST, San Jose, CA 95116
Each residence offers a two-bedroom, one-bath layout with a private backyard.
Property Size1,450 SF
Lot Size0.12 Acres
Price / SF$724.14
Days on Market43
Property Features for 732 Banff ST
General Information
Standard status
Active
Size
1,450 SF
Lot size
0.12 Acres
Property subtype
Duplex
Site & Location
Neighborhood
Bonita
Highway Access
Yes
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$13,203
Amenities
private backyard
Building Details
Building Size
1,450 SF
Year Built
1954
Buildings
1
Listing Agency:
Coldwell Banker Realty
Listed By:
Joe Velasco Group · License #01309200
(650) 833-8498
Source:
Joevelascogroup
Added: Sep 16
Changed: Oct 27
Last Checked: Oct 26 at 3:16PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This San Jose duplex contains two residences, each with two bedrooms and one bathroom. The units measure approximately 725 square feet apiece, for a combined building area of 1,450 square feet. The property occupies a 5,350-square-foot lot and was built in 1954. A private backyard is also part of the property.
Downtown San Jose is less than a mile away, with access to Highways 280, 101, and 680. The listing also identifies Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple headquarters as nearby employers.
Downtown San Jose is less than a mile away, with access to Highways 280, 101, and 680. The listing also identifies Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple headquarters as nearby employers.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- Approximately 725 SF per unit; buyer to verify
- 1,450‑square‑foot building on a 5,350‑square‑foot lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,648
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$652,960
$653.0K
Cap Rate 7%
$466,400
$466.4K
Cap Rate 9%
$362,756
$362.8K
Market Conditions
NOI Build-Up for 1,450 SF
Gross rent
$48.7K $33.60/SF
− Vacancy
−$2.1K −$1.43/SF
EGI
$46.6K $32.17/SF
− OpEx
−$14.0K −$9.65/SF
NOI
$32.6K $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%
$652,960
Cap Rate 7%
$466,400
Cap Rate 9%
$362,756
Alternative Uses
Best Use
Multifamily LT 5
$466.4K
$408.1K – $544.1K
NOI $32,648 @ 7.0% cap · market cap 3.11%
Second Best
Apartment 5plus
$430.9K
$377.0K – $502.7K
NOI $30,160 @ 7.0% cap · market cap 2.87%
Theoretical Best
Office A
$875.7K
$766.2K – $1.02M
NOI $61,299 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
844
Businesses Nearby
Explore this area
Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers a two-bedroom, one-bath layout with a private backyard.
Where is this duplex located?
The property is located at 732 Banff ST San Jose, CA.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; Approximately 725 SF per unit; buyer to verify; 1,450‑square‑foot building on a 5,350‑square‑foot lot
