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Multifamily

1307 -1309 Vine St

1309 Vine St, San Jose, CA 95110

Listing Price: $1,480,000

Cap Rate
2.65%
Number of Units
2
Price/Unit
$740,000

Investment Overview

The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 1307-1309 Vine Street, a duplex nestled between Downtown San Jose and Willow Glen. The property is an excellent opportunity for the traditional investor or for an owner/user where they can live in one unit and offset their mortgage with income from the second unit. 1307-1309 Vine Street is a duplex that offers all the needed amenities paired with an excellent location. The unit mix consists of two units that are 3 bedroom / 2 bathroom that are 1,535 sq ft. The property sits on a 0.12 acres (or 5,405 sq ft) lot. Among the amenities provided are a gated security entrance, a basement, along with a washer and dryer in each unit. A new garage was constructed behind the main building with electrical and plumbing hook-ups, providing the potential for an ADU conversion. The property is located a short walk away from Happy Hallow Zoo, the Japanese Friendship Garden, and Excite Ballpark (home of the San Jose Giants). Residents are also a short walk from the Plant Shopping Center, which has over 50 restaurants, shops, and services while anchored by Best Buy, Home Depot, Ross, and Pet Smart. Given its location, residents are a short drive away from Downtown San Jose (via First Street) and Willow Glen (via Minnesota Avenue).

Investment Highlights

  • Spacious units averaging over 1,500 square feet each.
  • A new garage was constructed in 2018 with electric and plumbing hook-ups for a potential ADU conversion.
  • Each unit has a spacious kitchen with an eating area, a living room, and a washer and dryer.
  • Neighborhood is nestled between Downtown San Jose and Willow Glen.
  • Happy Hallow and Excite Ball Park are a short walk away.

Exclusively Listed By

Multifamily

1307 -1309 Vine St

Listing Price: $1,480,000

Cap Rate
2.65%
Number of Units
2
Price/Unit
$740,000

Investment Highlights

  • Spacious units averaging over 1,500 square feet each.
  • A new garage was constructed in 2018 with electric and plumbing hook-ups for a potential ADU conversion.
  • Each unit has a spacious kitchen with an eating area, a living room, and a washer and dryer.
  • Neighborhood is nestled between Downtown San Jose and Willow Glen.
  • Happy Hallow and Excite Ball Park are a short walk away.

Investment Overview

The Azucena Group of Marcus & Millichap is pleased to present the opportunity to acquire 1307-1309 Vine Street, a duplex nestled between Downtown San Jose and Willow Glen. The property is an excellent opportunity for the traditional investor or for an owner/user where they can live in one unit and offset their mortgage with income from the second unit. 1307-1309 Vine Street is a duplex that offers all the needed amenities paired with an excellent location. The unit mix consists of two units that are 3 bedroom / 2 bathroom that are 1,535 sq ft. The property sits on a 0.12 acres (or 5,405 sq ft) lot. Among the amenities provided are a gated security entrance, a basement, along with a washer and dryer in each unit. A new garage was constructed behind the main building with electrical and plumbing hook-ups, providing the potential for an ADU conversion. The property is located a short walk away from Happy Hallow Zoo, the Japanese Friendship Garden, and Excite Ballpark (home of the San Jose Giants). Residents are also a short walk from the Plant Shopping Center, which has over 50 restaurants, shops, and services while anchored by Best Buy, Home Depot, Ross, and Pet Smart. Given its location, residents are a short drive away from Downtown San Jose (via First Street) and Willow Glen (via Minnesota Avenue).

Exclusively Listed By

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