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381 N 13th St
San Jose, California 95112 United States

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Details for 381 N 13th St

Price / Sq. Ft.:
3,142 Sq Ft.
5,779 Sq Ft
Property Type:
Residential Income
Web Id:
School District:
San Jose Unified School District

About 381 N 13th St

Offer Due Date: 5:00 PM ON TUESDAY JUNE 20, 2017. Highest Cap Rate in Santa Clara County. Cap Rate: 5.46% Current, 8.37% Proforma. GRM: 12.66 Current, 9.47 Proforma. 381 North 13th Street is a fourplex located in a desirable neighborhood in San Jose, California. Built in 1910, the subject property is situated on a 5,779 square foot lot, has a gross livable area of 3,142 square feet, and has four large two-bedroom/one-bathroom units. The rents for two units are significantly below market and are eligible for five percent annual rent increases. The two vacant units are painted with hardwood floors, updated cabinets, and granite counters and present the opportunity to achieve top market rents. Additionally, the 1,333 square foot partially finished basement can be rented out as storage for additional income. With two vacant units this property provides the investor the opportunity to achieve tremendous rental income and create significant value.

Listing courtesy of Marcus & Millichap, Ismael Benhamida


  • Tile Flooring
  • Hardwood Flooring


lot description: 
© 2016 MLSListings Inc. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than [insert host brokerage name here] are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.The broker providing this data believes the data to be correct, but advises interested parties to confirm all information before relying on it for a purchase decision. This data is upto date.
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David Lyng Real Estate MLS Listing
(831) 476-0100

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