$1,995,000

Estimated payment $12,624/month

Total Views 21,188
4 Beds
4 Baths
2,486 Sq Ft
$802 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Granite Countertops
  • Secured Garage or Parking
  • Booksin Elementary Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

Rare Duplex for Sale in Silicon Valley - Willow Glen! Lightning strikes twice at 2320-2322 Meridian Ave! This Silicon Valley duplex is a rare find, ideal for savvy investors and 1031 exchange buyers. Offering 2,486 sqft total, 1,243 sq ft per unit on an 8,700 sq ft lot, each unit features 2 bedrooms, 2 bathrooms, a spacious kitchen, large living/dining area, primary suite, attached one-car garage, separate laundry, and private backyard. Freshly painted inside and out with decades of pride of ownership, this turnkey income property in Willow Glen is ready to generate strong rental income and long-term appreciation. Located near major tech employers, shopping, dining, and commuter routes, this is your chance to secure a high-demand investment property in San Joses Willow Glen neighborhood - schedule a showing today!

Listing Agent

Alex Lehr

Guide Real Estate License #00867442 Listed on: 05/29/2025

Guide Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1965

Lot Details

  • 8,699 Sq Ft Lot
  • Fenced
  • Level Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,486 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Oven
  • Range Hood
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Shed
  • Forced Air Heating System

Listing and Financial Details

Community Details

Overview

Building Details

  • 2 Leased Units
  • Gardener Expense $3,000
  • Insurance Expense $8,439
  • Maintenance Expense $2,500
  • Other Expense $1,500
  • Utility Expense $1,900
  • Operating Expense $25,159
  • Gross Income $78,180

Property Details

Home Type

Multi-Family

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Style: Traditional
  • Age: 60
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 2486
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1965

Interior Features

  • Kitchen: Countertop - Granite, Countertop - Laminate, Dishwasher, Freezer, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2486
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Lawn, Storage Shed / Structure
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Attached Garage, Drive Through, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Booksin Elementary
  • Middle School: Willow Glen Middle
  • High School: Willow Glen High
  • High School: 350
  • Elementary School: 358
  • Middle School: 343

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.1997
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8700.00

Rental Info

  • Existing Lease Term(s): Month To Month
  • Gross Rent Multiplier: 25.52
  • Number Of Leased: 2

Multi Family

  • Utilities: Public Utilities
  • Expense Insurance: 8439
  • Expense Landscape: 3000
  • Expense Maintenance: 2500
  • Expenses Other: 1500
  • Expenses Total: 25159
  • Expenses Utility: 1900
  • Income Annual Gross: 78180.00
  • Income Annual Rental: 78180
  • Income Gross Scheduled: 78180
  • Income Includes: Lease
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Number Of Buildings: 1
  • Tenant Expenses: Utilities - Electric, Utilities - Gas

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 For Sale $1,995,000 -- $802 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82008845

MLSListings

APN: 446-06-020