Vacant Duplex with Driveway
926 Princess Anne Drive San Jose, CA 95128
For Sale
$1,198,000
Vacant duplex with two 2-bedroom, 1-bath units, each featuring an attached 1-car garage and driveway parking.
Property Size1,672 SF
Price / SF$716.51
Days on Market329
Property Features for 926 Princess Anne Drive
General Information
- Standard status
- Active
- Size
- 1,672 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1955
Listing Agency:
Keller Williams Thrive
(408) 850-6900
Listed By:
Michaela Rousseau · License #02044191
Source:
Exitrealty
Added: Aug 30, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:53AM
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 Keller Williams Thrive
Investment Insights
Based on property information with market context.
This vacant duplex presents a straightforward two-unit configuration, with each side offering two bedrooms and one bathroom. The units include an attached one-car garage, and the property has driveway parking to support day-to-day convenience. Delivered vacant, the duplex provides flexibility for an owner-occupant or an investor seeking to place the property immediately after closing.
Located in San Jose, the property is described as being within a short drive of the new Google campus and downtown San Jose. Access is noted to nearby freeways 280/101/880, along with shopping and schools.
Each unit is approximately 830 square feet, and the total property size is listed at 1,672 square feet.
Located in San Jose, the property is described as being within a short drive of the new Google campus and downtown San Jose. Access is noted to nearby freeways 280/101/880, along with shopping and schools.
Each unit is approximately 830 square feet, and the total property size is listed at 1,672 square feet.
Key Highlights
- Vacant duplex in San Jose delivered vacant, giving a new owner flexibility to occupy or lease
- 2 units total: each unit is a 2‑bedroom, 1‑bath layout with 830 sqft
- Each unit includes an attached 1‑car garage plus driveway parking
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 | $56.2k | $33.60 |
| − Vacancy | −$2.4k | −$1.43 |
| EGI | $53.8k | $32.17 |
| − OpEx | −$16.1k | −$9.65 |
| NOI | $37.6k | $22.52 |
1,672 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.8K
$470.6K – $627.4K
NOI $37,646 @ 7.0% cap · market cap 3.14%
Second Best
Apartment 5plus
$496.8K
$434.7K – $579.6K
NOI $34,777 @ 7.0% cap · market cap 2.90%
Theoretical Best
Office A
$1.01M
$883.6K – $1.18M
NOI $70,684 @ 7.0% cap · market cap 5.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Vacant duplex with two 2-bedroom, 1-bath units, each featuring an attached 1-car garage and driveway parking.
Where is this duplex located?
The property is located at 926 Princess Anne Drive San Jose, CA.
What is the asking price?
The asking price for this property is $1,198,000.
What are key features of this property?
This property features: Vacant duplex in San Jose delivered vacant, giving a new owner flexibility to occupy or lease; 2 units total: each unit is a 2‑bedroom, 1‑bath layout with 830 sqft; Each unit includes an attached 1‑car garage plus driveway parking
