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Two-Unit Duplex with Attached Garages
For Sale
$1,974,888

853 Opal Drive, San Jose, CA 95117

ResidentialIncome, Ranch, SanJose, CA

Property Size2,589 SF
Lot Size0.21 Acres
Price / SF$762.80
Days on Market16

Property Features for 853 Opal Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R2
Parking features Open, Garage
Interior features OpenBeamCeiling
Appliances CooktopElectric, Dishwasher, ExhaustFan, GarbageDisposal, HoodOverRange, Microwave, OvenElectric, WasherDryer
Elementary school CampbellUnionElementary
High school CampbellUnionHigh
Elementary school district CampbellUnionElementary
High school district CampbellUnionHigh
Directions winchester/williams
Subdivision Campbell
Standard status Active
APN 299-27-016
Size 2,589 SF
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 3912

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas, Central
Cooling system Central Air, Gas (Cooling)
Water source Public

Amenities

wood burning fireplace

Building Details

Year built 1967
Floors in Building 1
Number of units 2
Flooring type Laminate, Tile, Hardwood
Roof type Shingle, Composition
Architectural style Ranch
Listing Agency: Christie's International Real Estate Sereno
Listed By: John Faylor · License #01065896
Added: Oct 7 Changed: Oct 21 Last Checked: Oct 22 at 10:06AM
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.

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Investment Insights

Based on property information with market context.

This R2-zoned duplex contains two separate homes totaling 2,589 square feet on a 0.2075-acre lot. Each residence has three bedrooms and two bathrooms, its own entrance, and a wood-burning fireplace. Attached garage parking includes a two-car garage at one home and a one-car garage at the other.

Interior improvements include updated kitchens and bathrooms, with one home featuring a new kitchen and appliances. Central heating and air conditioning serve the property. Additional features include hardwood, laminate and tile flooring, a composition shingle roof, and a driveway. Built in 1967, the property also has public water and sewer service.

Key Highlights

  • Two homes, each with 3 bedrooms and 2 bathrooms
  • 2,589 square feet on a 0.2075‑acre lot
  • R2 zoning

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 (±1% cap)
NOI $58,293 @ 7.0% cap · market cap 2.95%
Second Best
Apartment 5plus
$769.3K
$673.1K – $897.5K (±1% cap)
NOI $53,851 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M (±1% cap)
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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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,385
Businesses Nearby

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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer three bedrooms, two bathrooms, separate entrances and updated interiors.
Where is this duplex located?
The property is located at 853 Opal Drive 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 homes, each with 3 bedrooms and 2 bathrooms; 2,589 square feet on a 0.2075‑acre lot; R2 zoning
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