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$ 2,099,000

Est. payment -/mo

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1019 Villa AVE San Jose, CA 95126

3 Beds

2 Baths

4,056 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 4,056 sqft

Price per Sqft $517

Lot Size 10,000 Sqft

MLS Listing ID ML82061883

Bedrooms 3

Full Baths 2

Property Description

Exceptional San Jose investment opportunity featuring 7 residential units across 2 buildings on one APN. The property includes a 2 bedroom, 1 bath single family residence with approximately 1,200 sq ft of living space and a full cement construction basement, plus a separate 6 unit building with six 1 bedroom, 1 bath units. Generating approximately $13,935 in monthly rental income, the property offers $132,901 in annual NOI and a 6.04% in place cap rate, with pro forma potential of $147,221 NOI and a 6.71% cap rate. Recent capital improvements include new windows and electrical panels. A compelling opportunity for investors seeking established rental income and potential to enhance returns in the San Jose market.

Location

State CA

County Santa Clara

Area Central San Jose

Zoning R3

Rooms

Kitchen Appliances - Vary by Unit, Countertop - Granite, Refrigerator

Interior

Heating Other

Cooling Ceiling Fan, Window / Wall Unit

Flooring Hardwood, Tile

1-purchase type For Sale

Exterior

Garage Attached Garage, Carport , Detached Garage

Garage Spaces 4

Utilities Available Public Utilities

Roof Type Shingle

Building

Foundation Other

Sewer Sewer - Public

Water Public

Others

Restrictions Age - No Restrictions

Tax ID 261-08-052

Security Features Fire Alarm

Special Sale Not Applicable

Listed by Patrick Carvalho of Fathom Realty Group
Bought with Patrick Carvalho of Fathom Realty Group

Anita Mohamed

Broker Associate

+1(347) 903-3025 | stagesite-3.test@chime.me

1019 Villa AVE San Jose, CA 95126

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1019 Villa AVE