Property Details
About this Property
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.
MLS Listing Information
MLS #
ML82039573
MLS Source
MLSListings, Inc.
Days on Site
1
Interior Features
Appliances
Washer/Dryer
Cooling
Central Forced Air
Heating
Central Forced Air - Gas
Exterior Features
Roof
Composition
Foundation
Concrete Perimeter
Parking, School, and Other Information
Garage/Parking
Attached Garage, Guest / Visitor Parking, Garage: 2 Car(s)
Elementary District
Milpitas Unified
High School District
Milpitas Unified
Sewer
Public Sewer
Water
Public
Zoning
R2S
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 2 | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 3 | 2/0 | $3,500 |
| 2 | – | 3 | 2/0 | $3,750 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
603 Penitencia St is a Duplex in Milpitas, CA 95035. This 1,860 square foot property sits on a 11,025 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,699,999 and was built in 1961. This address can also be written as 603 Penitencia St, Milpitas, CA 95035.
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This listing information is up-to-date as of March 21, 2026. For the most current information, please contact Inary Zou, (650) 812-9293
