Updated Two-Home
For Sale
$1,974,888
853 Opal DR, San Jose, CA 95117
Residential Income (2-4 units), Ranch, SAN JOSE, CA
Property Size2,589 SF
Lot Size0.21 Acres
Price / SF$762.80
Days on Market8
Property Features for 853 Opal DR
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R2
Bedrooms
6
Rooms
Bedroom 4, Bedroom 2, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 6
Parking features
Open, Garage - Attached
Interior features
Open Beam Ceiling
Appliances
220 Volt Outlet, Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Electric
Subdivision
Campbell
Standard status
Active
Size
2,589 SF
Lot size
0.21 Acres
Utilities
Heating system
Natural Gas, Forced Air, Central
Cooling system
Central Air, Gas (Cooling)
Water source
Public
Amenities
wood burning fireplaces
central heat and air
great landscaping
Building Details
Year built
1967
Number of units
2
Flooring type
Tile, Laminate, Hardwood
Roof type
Shingle, Composition
Architectural style
Ranch
Listing Agency:
Christie's International Real Estate Sereno
(408) 335-1400
Listed By:
John Faylor · License #01065896
(408) 605-8133
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 14 at 12:06PM
MLS# ML82063817
Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex comprises two separate homes, each with three bedrooms and two bathrooms, across 2,589 square feet. Kitchen and bathroom improvements, updated flooring and paint, and central heating and air conditioning are noted across the property. Both homes have wood-burning fireplaces and separate entrances; attached garages provide two spaces on one side and one on the other. The composition-shingle roof and driveway have also been replaced.
The 0.2075-acre property is zoned R2 and is near Santana Row, Valley Fair, and freeway access. Additional interior details include open-beam ceilings, with tile, hardwood, and laminate flooring. The property was built in 1967.
The 0.2075-acre property is zoned R2 and is near Santana Row, Valley Fair, and freeway access. Additional interior details include open-beam ceilings, with tile, hardwood, and laminate flooring. The property was built in 1967.
Key Highlights
- Two separate residences, each with 3 bedrooms and 2 bathrooms
- 2,589 square feet on a 0.2075‑acre lot
- One attached 2‑car garage and one attached 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,293
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,165,860
$1.2M
Cap Rate 7%
$832,757
$832.8K
Cap Rate 9%
$647,700
$647.7K
Market Conditions
NOI Build-Up for 2,589 SF
Gross rent
$87.0K $33.60/SF
− Vacancy
−$3.7K −$1.43/SF
EGI
$83.3K $32.17/SF
− OpEx
−$25.0K −$9.65/SF
NOI
$58.3K $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%
$1,165,860
Cap Rate 7%
$832,757
Cap Rate 9%
$647,700
Alternative Uses
Best Use
Multifamily LT 5
$832.8K
$728.7K – $971.6K
NOI $58,293 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$769.3K
$673.1K – $897.5K
NOI $53,851 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,450 @ 7.0% cap · market cap 5.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,385
Businesses Nearby
Explore this area
Business Placement
Demographics for 95117, CA
30,137
Population
11,226
Households
2.7
Avg Household Size
36
Median Age
44%
College-Educated
89%
High-School Grad
2.3 sq mi
ZIP Area
13,103
Density / Sq Mi
$115,778
Median Household Income
$56,791
Median Earnings
$2,367
Median Rent
$1,425,200
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 detached residences offer three-bedroom layouts, attached garages, fireplaces, and refreshed kitchens and baths.
Where is this duplex located?
The property is located at 853 Opal DR San Jose, CA.
What is the asking price?
The asking price for this property is $1,974,888.
What are key features of this property?
This property features: Two separate residences, each with 3 bedrooms and 2 bathrooms; 2,589 square feet on a 0.2075‑acre lot; One attached 2‑car garage and one attached 1‑car garage
