425 North 7th Street

San Jose, CA 95112

$1,299,000
Price
Beds
1,808 Sq. Ft.
$718 / Sq. Ft.
1,808
Sq. Ft.
$718
per Sq. Ft.

Description

Great Investment Opportunity in Downtown San Jose and Close to Japan Town! This Duplex Has a Spacious Lot of 7,000 sf. Unit 1 is 3bed/2bath approx. 1,040sf with Direct Access into Carport and Laundry Area. Unit 2 is 2bed/1bath approx. 768sf with a Large Private Backyard. Updated Kitchens and Central AC in Both Units. Walking Distance to Downtown San Jose, Few Blocks Away From San Jose State University, Restaurants, Grocery Shopping Center Etc. Easy Access to all Major Freeway 280,680,101. Not to...Great Investment Opportunity in Downtown San Jose and Close to Japan Town! This Duplex Has a Spacious Lot of 7,000 sf. Unit 1 is 3bed/2bath approx. 1,040sf with Direct Access into Carport and Laundry Area. Unit 2 is 2bed/1bath approx. 768sf with a Large Private Backyard. Updated Kitchens and Central AC in Both Units. Walking Distance to Downtown San Jose, Few Blocks Away From San Jose State University, Restaurants, Grocery Shopping Center Etc. Easy Access to all Major Freeway 280,680,101. Not to Mention with This Large Lot There is An Upside Opportunity to Add an ADU and Build Out the Carport! This is a One of a Kind Duplex!
  1. Listed by Elias Ordaz • DRE #01869915 • Brokerage DRE #01504493 • Family First Real Estate Services Inc • 408-775-4059

Property Details for 425 North 7th Street

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
1

Location

Listing Courtesy of Family First Real Estate Services Inc, Elias Ordaz, DRE #01869915
Add your commute
LISTING UPDATED: 04/08/2024 03:50 PM

Property Details for 425 North 7th Street

StatusPending ( Do Not Show )
MLS #ML81956862
Days on Compass16
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1964
Lot Size0.16 AC / 7,000 SF
CountySanta Clara County

Location

Listing Courtesy of Family First Real Estate Services Inc, Elias Ordaz, DRE #01869915
Add your commute

Building Information for 425 North 7th Street

Stories-Residences2Year Built1964Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$7,723 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,089

Property Taxes

$634

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 425 North 7th Street

Features
Features
  • Communications: Cable TV
  • Fireplace: No
  • Flooring: Laminate
  • Living SqFt: 1808
  • Pool: No
  • Security Features: Other
  • Special Features: None
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air - Gas
  • Meters: Master Electric, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 2
Garage
  • Garage and Parking: Carport
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Other
  • Street Number: 425
  • Street Name: N 7th St
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 2
  • Structure SqFt: 1808
  • Structure SqFt Source: Other
  • Age: 60
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • Parcel Number: 249-47-057
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Crawl Space
  • Horse Property: No
  • Lot Acres: .16
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $0
  • Building Unit Total: 2
  • Capitalization Rate: 6.47
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: Depreciation, Fee - Property Tax, Insurance, Maintenance, Maintenance - Repair, Services - Sewer, Services - Trash Removal, Utilities - Water
  • Gross Rent Multiplier: 15.46
  • Income Annual Gross: $84,000
  • Income Annual Rental: $84,000
  • Income Gross Scheduled: $84,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $4,500
Unit 2 Information
  • Unit 2 Approx Square Footage: 768
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $2,500
Unit Type 1
  • Unit Type1 Approx SqFt: 1040

Property History for 425 North 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 425 North 7th Street

Taxable ValueLand$241,452Additions$217,305Total$458,757
Tax Record2023$7,609 ($634 / month)
Home Facts
Total Finished SqFt1,808 SqFtAbove Grade Finished SqFt1,808 SqFtStories1Lot Size7,000 SqFtStyleDuplexYear Built1964ZoningRMCountySANTA CLARAAPN249-47-057Fireplace TypeHas Fireplace

Schools near 425 North 7th Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Grant Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
Charter5 to 8

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.

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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 Family First Real Estate Services Inc, Elias Ordaz, DRE #01869915

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.