1119 South 7th Street

San Jose, CA 95112

$1,050,000
Price
Beds
1,296 Sq. Ft.
$810 / Sq. Ft.
1,296
Sq. Ft.
$810
per Sq. Ft.

Description

1119 & 1121 S. 7th Street in San Jose is an exceptionally well maintained duplex + converted garage. The front unit 1119, is a 1 Bedroom x 1 Bathroom unit, and the back unit, 1121 is a recently remodeled 2 Bedroom x 1 Bathroom unit, each unit has their own private laundry space with washer/ dryer hookups. Both units in the duplex are currently vacant and market rent projections are used for cash flow projections. The garage structure was recently converted into a 1 Bedroom x 1 Bathroom unit, as a...1119 & 1121 S. 7th Street in San Jose is an exceptionally well maintained duplex + converted garage. The front unit 1119, is a 1 Bedroom x 1 Bathroom unit, and the back unit, 1121 is a recently remodeled 2 Bedroom x 1 Bathroom unit, each unit has their own private laundry space with washer/ dryer hookups. Both units in the duplex are currently vacant and market rent projections are used for cash flow projections. The garage structure was recently converted into a 1 Bedroom x 1 Bathroom unit, as a part of the San Jose Amnesty Program and is currently rented. Marketing Package available upon request.
  1. Listed by Mitchell Zurich • DRE #01870648 • Brokerage DRE #01240999 • Marcus & Millichap • 408-888-9594

Property Details for 1119 South 7th Street

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
0
Parking Spaces
4
LISTING UPDATED: 12/16/2024 09:40 AM

Property Details for 1119 South 7th Street

StatusPending ( Do Not Show )
MLS #ML81980132
Days on Compass78
Taxes$12,571 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1953
Lot Size0.13 AC / 5,629 SF
CountySanta Clara County

Building Information for 1119 South 7th Street

Stories1Residences2Year Built1953Building Size-Lot Size0.13 AC / 5,629 SF

Property Information for 1119 South 7th Street

Features
Features
  • Fireplace: No
  • Living SqFt: 1296
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Master Water, Separate Electric
  • Sewer Septic: Sewer Connected
  • Utilities: Individual Electric Meters
  • Water: Water On Site
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Parking Area, Tandem Parking
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 1119
  • Street Name: 7th
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 1
  • Number of Buildings: 1
  • Structure SqFt: 1296
  • Structure SqFt Source: Assessor
  • Age: 71
Development Information
  • Zoning Detail: R2
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 477-02-033
  • 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: Concrete Perimeter and Slab
  • Horse Property: No
  • Lot Acres: .13
  • 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: 0
General Information
  • Annual Tax Amount: $12,571
  • Building Unit Total: 2
  • Capitalization Rate: 4.35
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas
  • Income Includes: Rents
  • Vacancy Factor: 3
Income / Expense Details
  • Expense Insurance: $793
  • Expense Landscape: $0
  • Expense Maintenance: $2,000
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $2,400
  • Expenses Total: $17,764
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities - Water
  • Gross Rent Multiplier: 16.06
  • Income Annual Gross: $63,438
  • Income Annual Rental: $46,200
  • Income Gross Scheduled: $65,400
  • Income Other: $19,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
Unit 2 Information
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2

Property History for 1119 South 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 1119 South 7th Street

Taxable ValueLand$14,239Additions$30,544Total$44,783
Tax Record2024$3,037 ($253 / month)
Home Facts
Total Finished SqFt1,296 SqFtAbove Grade Finished SqFt1,296 SqFtStories1Lot Size5,629 SqFtStyleDuplexYear Built1953ZoningR2CountySANTA CLARAAPN477-02-033Fireplace TypeHas Fireplace

Schools near 1119 South 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
Washington Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Downtown College Preparatory Middle
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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Listing Courtesy of Marcus & Millichap, Mitchell Zurich, DRE #01870648

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