603 Penitencia Street, Milpitas, CA 95035
Local realty services provided by:ERA North Orange County Real Estate
603 Penitencia Street,Milpitas, CA 95035
$1,699,999
- - Beds
- - Baths
- 1,860 sq. ft.
- Multi-family
- Active
Listed by: inary zou
Office: keller williams thrive
MLS#:ML82039573
Source:CRMLS
Price summary
- Price:$1,699,999
- Price per sq. ft.:$913.98
About this home
Rare opportunity to own an expansive single-story duplex situated on a premium quarter-acre corner lot in one of Silicon Valleys most desirable cities. This versatile property offers a compelling blend of immediate rental income, significant recent upgrades, and future development potential. The property features two well-proportioned units, including one tenant-occupied unit providing stable income and one unit (lease end in May) ideal for owner-occupancy or premium rental. Both units have been improved with approximately $200K in total renovations, enhancing overall condition and livability. Upgrades include new luxury vinyl flooring, fresh interior paint, updated kitchen cabinetry, granite countertops, reroof and more. Each unit enjoys its own oversized private backyard, along with an attached garage featuring washer/dryer hookups, offering both comfort and convenience.The expansive quarter-acre corner lot presents excellent ADU and expansion possibilities (buyer to verify with city), creating additional income potential and long-term upside.Ideally located with easy access to Highways 680 and 880, and within highly rated school boundaries including Curtner Elementary, Thomas Russell Middle, and Milpitas High School....
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Home facts
- Year built:1961
- Listing ID #:ML82039573
- Added:1 day(s) ago
- Updated:March 22, 2026 at 03:06 AM
Rooms and interior
- Living area:1,860 sq. ft.
Heating and cooling
- Cooling:Central Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:1961
- Building area:1,860 sq. ft.
- Lot area:0.25 Acres
- Foundation Description:Concrete Perimeter
Schools
- Middle school:Other
- Elementary school:Other
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,699,999
- Price per sq. ft.:$913.98
- Tax amount:$16,846
Parking
- Total parking spaces:6
- Parking description:Guest
- Garage:Yes
- Garage spaces:2
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