Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

407 Raymond Ave - Prime Duplex For Sale 2 Unit Apartment Building Offered at $1,450,000 San Jose, CA 95128

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Excellent Location
  • Ideal Owner User or Investor
  • 4 Minutes to Santa Clara Valley Medical and San Jose City College
  • 2 Minutes to Hwy 280 & 880
  • Below Replacement Cost
  • Ready For Immediate Occupancy

EXECUTIVE SUMMARY

Both units offer IMMEDIATE OCCUPANCY! Renovations include: New flooring, paint, blinds, lighting, built in microwaves, toilet and sliding door (Unit B), landscaping etc.
Property Summary:
This 2-unit residential property features mirrored units boasting unique features such as private laundry closets for each unit, private entrances, private and secluded patios, 2 car covered carport and an abundance of additional off-street parking. Each unit is approximately 1,040 Sqft and features a kitchen, living room and patio 1st floor, 2 bedrooms, 1 full bath 2nd floor. Mature
& Producing Avocado & Orange Trees!
Location Overview:
Prime location is just 2 minutes from Hwy 280 and 4 minutes from Hwy 880. Just 5 minutes from Westfield Valley Fair. 4 Minutes from San Jose City College makes this property ideal for Student Housing! Live in one, rent the other to a student? This property offers many unique opportunities to owner users and investors alike!

PROPERTY FACTS

Price $1,450,000
Price Per Unit $725,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Lot Size 0.09 AC
Building Size 2,080 SF
Average Occupancy 0%
No. Stories 2
Year Built/Renovated 1980/2026
Parking Ratio 2.88/1,000 SF

AMENITIES

UNIT AMENITIES

  • Storage Space
  • Washer/Dryer Hookup
  • Eat-in Kitchen
  • Yard
  • Patio
  • Porch

SITE AMENITIES

  • 24 Hour Access
  • Fenced Lot
  • Laundry Facilities
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 2 - 1,040
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
277-08-045
Land Assessment
$34,944
Improvements Assessment
$135,306
Total Assessment
$170,250
  • Listing ID: 39242256

  • Date on Market: 1/28/2026

  • Last Updated:

  • Address: 407 Raymond Ave, San Jose, CA 95128

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}