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603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
603 Penitencia Street
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Listed by Keller Williams Thrive, Inary Zou, Listing Contact: 6508129293
$1,800,000

603 Penitencia Street

1,860 Sq.Ft. 0.25 Acres

Description

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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Location

603 Penitencia ST, Milpitas, CA 95035

Status

Sold

Date Sold

April 30, 2026
Rob Nunes

Rob Nunes

TITLE

Realtor®

Property Amenities

Interior
Appliances Washer Dryer
Area & Lot
Total area 1,860 Sq.Ft.
Lot Area 0.25 Acres
Living area 1,860 Sq.Ft.
MLS® ID ML82039573
Year Built 1961
School District MilpitasUnified
Middle School ThomasRussellJuniorHigh
Elementary School CurtnerElementary
Type Multi-Family
Status Sold
Exterior
Stories 1
Air conditioning Central Forced Air
Heat type Central Forced Air_Gas
Disability Features Other
Water Source Public
Garage Space 2.0
Sewer Public Sewer
Parking Attached Garage, Guest Visitor Parking
Roof Composition
Utilities Public Utilities, Water Public
Finance
Sales Price $1,800,000
Real Estate Tax $16,846 yearly

Work With Rob

I provide my clients with the precision gained when earning my degree in mathematics, and marketing and sales experience from my 25 years in the tech industry, and pledge that my clients will receive my personal attention from the beginning of the search or listing to the final closing. I look forward to representing you!