Investment Opportunity with SB 9 Potential – Duplex at 1225 & 1229 Plum Street, San Jose Discover a rare investment opportunity in the heart of San Jose — a well-maintained duplex on a 5,560 sq ft lot, offering two homes, dual access points, gated parking, and significant upside potential in both rental income and property value. Property Highlights Two Separate Homes on One Lot 1225 Plum St: 1,033 sq ft + fully finished 930 sq ft basement, 3 bedrooms, 1 bathroom, street parking, and a side driveway. 1229 Plum St: 737 sq ft, 2 bedrooms, 1 bathroom, gated parking for up to 4 cars with direct access from the rear public lane. Lot Size: 5,560 sq ft with access from both Plum Street and the rear public lane. SB 9 Potential: Possibility to split into two separate lots, each with its own home. Separate Utilities: Each home has its own electric and gas meter. Water currently on one meter, shared 2/3 for 1225 and 1/3 for 1229. Rental Income & Upside Current Rents (below market): 1225 Plum: $2,400/month (tenant notice given; to be vacant in 60 days). 1229 Plum: $2,100/month (currently vacant). Market Rent Potential: 1225 Plum: $3,800 – $4,000/month 1229 Plum: $2,650 – $2,850/month Significant upside potential with cosmetic upgrades and alignment to market rents. Condition & Features Mostly copper plumbing. Dual-pane windows throughout. Both homes in generally good condition but ready for value-add improvements. Whether you’re an investor seeking strong cash flow and appreciation, a developer exploring SB 9 potential, or a buyer looking for a multi-generational living setup, 1225 & 1229 Plum Street is a versatile opportunity that checks all the boxes.