258-260 Lynette Way

San Jose, CA 95116

$1,395,000
Price
Beds
1,584 Sq. Ft.
$881 / Sq. Ft.
1,584
Sq. Ft.
$881
per Sq. Ft.

Description

Welcome to this meticulously renovated duplex nestled in a highly desirable area, where modern comfort meets convenience. Each side features 2 bedrooms and 1 bathroom, providing a cozy yet spacious living experience. The entire property has undergone a complete transformation, boasting contemporary finishes and thoughtful upgrades. This duplex is an investor's dream with its high rental income potential, making it a lucrative opportunity. The sought-after location ensures not only a comfortable lifestyle...Welcome to this meticulously renovated duplex nestled in a highly desirable area, where modern comfort meets convenience. Each side features 2 bedrooms and 1 bathroom, providing a cozy yet spacious living experience. The entire property has undergone a complete transformation, boasting contemporary finishes and thoughtful upgrades. This duplex is an investor's dream with its high rental income potential, making it a lucrative opportunity. The sought-after location ensures not only a comfortable lifestyle for residents but also an easy commute to key commute routes. Unit 258: new kitchen & appliances, new paint, new interior/exterior doors, new wifi garage opener with battery back up, new bathroom, new 12mm waterproof laminate floor, minisplit heating/ac system. Unit 260: new European style cabinet, bespoke Samsung appliances, minisplit ac/heating system in every room, updated bath with heated floor, bidet toilet and designer tiles, new wifi garage opener with battery backup & new interior/exterior doors. This duplex is beaming with pride of ownership. Ready for immediate occupancy. Highly desirable area and commands high rental income. Quiet neighborhood and plenty of street parking. Clean inspection reports. Buy with confident.
  1. Listed by Danny Duong • DRE #01400892 • Brokerage DRE #01469513 • Infiniti Real Estate • 408-921-7777
  2. Listed by Alex Phan • DRE #01968500 • Brokerage DRE #01469513 • Infiniti Real Estate

Property Details for 258-260 Lynette Way

MLS City Name
SAN JOSE
Building Type
DUPLEX
Style
Traditional
Garage Spaces
2
Parking Spaces
2

Location

Listing Courtesy of Infiniti Real Estate, Danny Duong, DRE #01400892; Infiniti Real Estate, Alex Phan, DRE #01968500
Add your commute
LISTING UPDATED: 04/29/2024 12:21 PM

Property Details for 258-260 Lynette Way

StatusActive
MLS #ML81956311
Days on Compass108
Taxes$17,437 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1959
Lot Size0.14 AC / 6,098 SF
CountySanta Clara County

Location

Listing Courtesy of Infiniti Real Estate, Danny Duong, DRE #01400892; Infiniti Real Estate, Alex Phan, DRE #01968500
Add your commute

Building Information for 258-260 Lynette Way

Stories1Residences2Year Built1959Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$9,066 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,613

Property Taxes

$1,453

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 258-260 Lynette Way

Features
Room Information
  • Kitchen: 220 Volt Outlet, Countertop - Synthetic, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Ice Maker, Ice Maker, Island, Microwave, Oven - Self Cleaning, Refrigerator
Features
  • Amenities: Walk-in Closet
  • Communications: Audio / Video Prewired
  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Thermostat Controller
  • Fireplace: No
  • Flooring: Laminate, Tile
  • Laundry: Hookups Only
  • Living SqFt: 1584
  • Pool: No
  • Security Features: Video / Audio System
  • Special Features: None
Utilities
  • Cooling: Multi-Zone
  • Heating: Electric
  • Meters: Master Water
  • Sewer Septic: Sewer - Public
  • Utilities: Individual Electric Meters, Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage, Off-Street Parking, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Exterior: Dual Pane Windows
  • Area Text: Alum Rock
  • Roof: Shingle
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 258-260
  • Street Name: Lynette
  • Street Suffix: Way
  • Area ID: 4
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1584
  • Structure SqFt Source: Assessor
  • Age: 65
Development Information
  • Construction Type: Wood Frame
  • Zoning Detail: R2
Location Information
  • City Limits: Yes
  • Parcel Number: 481-27-033
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95116
  • Elementary School: 12
  • Elementary School District: 451
  • Middle School Text: Lee Mathson Middle
  • High School District Text: East Side Union High
  • High School Text: Independence High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .14
  • Lot Description: Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
  • Yard Grounds: Back Yard, Low Maintenance
Multi Family Information
Building Information
  • No Of Leased: 0
General Information
  • Annual Tax Amount: $17,437
  • Building Unit Total: 2
  • Capitalization Rate: 3.52
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas, Utilities - Heating, Utilities - Hot Water
  • Income Includes: Lease
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $1,703
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,500
  • Expenses Total: $21,640
  • Operating Expenses Include: Fee - Property Tax, Insurance, Utilities - Water
  • Gross Rent Multiplier: 18.75
  • Income Annual Gross: $70,680
  • Income Annual Rental: $74,400
  • Income Gross Scheduled: $74,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $3,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 792
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,200
Unit Type 1
  • Unit Type1 Approx SqFt: 792

Property History for 258-260 Lynette Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 258-260 Lynette Way

This home is within Alum Rock Union Elementary School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 5
Rating
School
Distance
Cesar Chavez Elementary School
PublicK to 5

Lee Mathson Middle School
Public6 to 8

Independence High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

258-260 Lynette Way is a multi-family home for sale in San Jose, CA 95116. This property was listed for sale on March 4, 2024 by Infiniti Real Estate, it's currently listed at $1,395,000. This listing's school districts are Alum Rock Union Elementary School District, East Side Union High School District. Nearby schools include Cesar Chavez Elementary School, Lee Mathson Middle School and Independence High School. 258-260 Lynette Way is a 0-bed, 0-bath, 1,584 sqft multi-family home built in 1959.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Infiniti Real Estate, Danny Duong, DRE #01400892; Infiniti Real Estate, Alex Phan, DRE #01968500

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.