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San Jose Duplex with Private Outdoor Space

932 Princess Anne Drive San Jose, CA 95128

932 Princess Anne Drive, San Jose, CA, 95128
$1,250,000
For Sale
$1,250,000

Two attached units with garages and private outdoor space on a convenient 95128 lot.

Property Size1,692 SF
Lot Size0.16 Acres
Price / SF$738.77
Days on Market60

Property Features for 932 Princess Anne Drive

General Information

Standard status
Active
Size
1,692 SF
Lot size
0.16 Acres
Property subtype
Multi Family

Building Details

Year Built
1955
Listing Agency KW Bay Area Estates
Listed by Jim Myrick · License #00893246
Source Exitrealty
Added: May 19 Checked: Jul 17 at 4:46 am

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 KW Bay Area Estates


Investment Insights

Based on property information with market context.

930 Princess Anne Dr is a duplex for sale offering two tenant-occupied units, each approximately 850 square feet. The property includes attached garages and a long driveway that provides additional off-street parking. Each unit also benefits from private outdoor space, with a generous front yard contributing to an overall residential feel.

The address is located in San Jose’s 95128 area near San Jose City College and Santa Clara Valley Medical Center. The surrounding area also includes access to shopping and dining, parks, and major commuter routes, with Santana Row, Valley Fair, and Downtown Campbell noted as nearby destinations.

For buyers seeking a duplex structure with separate tenant occupancy, this configuration supports straightforward operations within an established neighborhood setting. The property may also appeal to an owner-occupant buyer looking for flexibility, while retaining practical on-site parking provided by the attached garages and extended driveway.

Key Highlights

  • San Jose duplex built in 1955 in 95128
  • Two tenant‑occupied units, approximately 850 SF each
  • Each unit includes an attached garage

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 $56.9k $33.60
− Vacancy −$2.4k −$1.43
EGI $54.4k $32.17
− OpEx −$16.3k −$9.65
NOI $38.1k $22.52
1,692 SF · lease $33.60/SF/yr · vacancy 4.27% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$544.2K
$476.2K – $635.0K (±1% cap)
NOI $38,097 @ 7.0% cap · market cap 3.05%
Second Best
Apartment 5plus
$502.8K
$439.9K – $586.6K (±1% cap)
NOI $35,193 @ 7.0% cap · market cap 2.82%
Theoretical Best
Office A
$1.02M
$894.1K – $1.19M (±1% cap)
NOI $71,530 @ 7.0% cap · market cap 5.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Garden Center Barber Shop (Bike/Boat/Book/etc) Store Catering Service Carpet & Flooring Store Furniture & Home Goods Storage Facility (Bike/Boat/Book/etc) Store Restaurant Big Box & Wholesale Store

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

FAQs

What type of property is this?
Duplex - Two attached units with garages and private outdoor space on a convenient 95128 lot.
Where is this duplex located?
The property is located at 932 Princess Anne Drive San Jose, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: San Jose duplex built in 1955 in 95128; Two tenant‑occupied units, approximately 850 SF each; Each unit includes an attached garage
Contact an agent
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