$855,000
SOLD MAR 7, 2025
4 Beds
2 Baths
1,450 Sq Ft
5,349 Sq Ft Lot

Recently Sold

$590 Per Sq Ft

10% Below List Price

21 Days on Market

About This Home

As of March 2025

730-732 Banff St, San Jose, CA, presents an exceptional investment opportunity in the sought-after East San Jose area. Situated in the vibrant eastern part of Downtown San Jose, this duplex offers an unparalleled location that appeals to both investors and tenants alike. This meticulously maintained property features two spacious 2-bedroom, 1-bath units, each boasting approximately 725 square feet of living space (buyer to verify) on a 0.12-acre lot. Tenants will appreciate the roomy interiors, private backyard, and ample parking, creating a perfect balance of comfort and convenience. The location is nothing short of prime! Positioned less than a mile from Downtown San Jose, the property provides seamless access to Highways 280, 101, and 680. It is also situated near top-tier employers such as Cisco, PayPal, FICO, Zoom, Western Digital, Sage Intacct, PWC, Adobe, and Apple Headquarters. O

Last Agent to Sell the Property

Jodene Collings Hayes

Compass License #01962093

Compass

Co-Listed By

Dusty Blackman

Compass License #01999734

Last Buyer's Agent

Dusty Blackman

Compass License #01999734

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • 1954

Lot Details

  • 5,349 Sq Ft Lot

Parking

  • 2 Car Detached Garage
  • On-Street Parking

Home Design

  • Duplex
  • Flat Roof Shape
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter
  • Private Sewer

Listing and Financial Details

  • Total Actual Rent $55,200
  • Month-to-Month Lease Term

Community Details

Overview

  • 1,450 Sq Ft Building

Building Details

  • 2 Leased Units
  • Insurance Expense $1,450
  • Maintenance Expense $1,600
  • Other Expense $2,518
  • Utility Expense $1,549
  • Operating Expense $19,440
  • Gross Income $55,200

Property Details

Home Type

Multi-Family

Year Built

1954

Lot Details

0

Parking

2

Listing Details

  • Zoning: R2
  • Subclass: Duplex
  • Age: 71
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 1450
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1954

Interior Features

  • Living Sq Ft: 1450
  • Stories: 1

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Flat / Low Pitch, Shingle

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Parking Features: Detached Garage, On Street, Parking Area

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Private

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1228
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5350.00

Rental Info

  • Existing Lease Term(s): 1 Year Lease, Month To Month
  • Gross Rent Multiplier: 17.21
  • Number Of Leased: 2

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Expense Insurance: 1450
  • Expense Maintenance: 1600
  • Expenses Other: 2518
  • Expenses Total: 19440
  • Expenses Utility: 1549
  • Income Annual Gross: 55200.00
  • Income Annual Rental: 55200
  • Income Gross Scheduled: 55200
  • Income Includes: Rents
  • Meters: Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 2
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance - Repair, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 3

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
03/07/2025 03/07/25 Sold $855,000 -10.0% $590 / Sq Ft
02/07/2025 02/07/25 Pending -- -- --
01/16/2025 01/16/25 For Sale $950,000 -- $655 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML81990657

MLSListings