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70 Fanyon St 70 Fanyon St 2 Unit Apartment Building $1,549,000 ($774,500/Unit) 4.89% Cap Rate Milpitas, CA 95035

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EXECUTIVE SUMMARY

Prime Location with great returns. This Duplex features 3/2 and 2/1 configuration. Close to Shopping, Parks & Freeways.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $84,000 $45.45
Other Income - -
Vacancy Loss - -
Effective Gross Income $84,000 $45.45
Taxes $5,248 $2.84
Operating Expenses - -
Total Expenses $5,248 $2.84
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $84,000
Annual Per SF $45.45
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $84,000
Annual Per SF $45.45
Taxes
Annual $5,248
Annual Per SF $2.84
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $5,248
Annual Per SF $2.84
Net Operating Income
Annual -
Annual Per SF -

PROPERTY FACTS Under Contract

Price $1,549,000
Price Per Unit $774,500
Sale Type Investment
Cap Rate 4.89%
Gross Rent Multiplier 18.44
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single-Family Home
Building Class C
Lot Size 0.18 AC
Building Size 1,848 SF
Average Occupancy 3%
No. Stories 1
Year Built/Renovated 1960/2020
Zoning R2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 $3,800 -
2+1 1 $3,200 -
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (73)
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
029-18-015
Land Assessment
$175,629 (2025)
Improvements Assessment
$251,477 (2025)
Total Assessment
$427,106 (2025)
Annual Taxes
$5,248 ($2.84/SF)
Tax Year
2024
  • Listing ID: 38309011

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: 70 Fanyon St, Milpitas, CA 95035

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