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Updated over 9 years ago on . Most recent reply

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59
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12
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Rob B.
  • San Leandro, CA
12
Votes |
59
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Valuing a Rental, San Jose, CA

Rob B.
  • San Leandro, CA
Posted

I need some help valuing a rental property. It's a 2/1 duplex in San Jose, CA (off of 10th & Julian). 800 sq ft, older property but in good condition. I need to list it but I don't know what it's worth. Can someone offer some insight? I've tried to run comps, but some properties are $2,000/Mo, others are $3,600/Mo and it's hard to tell where. I'm meeting with an investor in the morning and I don't want to embarrass myself by throwing out a ridiculous number. 

I know the various strategies, but if someone familiar with the area could suggest a number I would appreciate it. 

Most Popular Reply

User Stats

246
Posts
183
Votes
Jennifer L.
  • Investor
  • San Jose, CA
183
Votes |
246
Posts
Jennifer L.
  • Investor
  • San Jose, CA
Replied
On Craigslist I found a 2/1 840sf at Calhoun and 19th for $2000. I found a 2/1 duplex on 4th for $2095. And a really swank 2/1 duplex in Vendome for more like $2300. I'd say you are probably in the $2000/month range.

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