$2,099,000
Pending1019 Villa Avenue
San Jose CA 95126
4,056
SF
Commercial
Type
1957
Built
$518/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial
Property Type
Pending
Status
R3
Zoning
0.2296 acres
Lot Size
4,056 SF
Square Footage
$517.50/SF
Price per SF
$13,157
Annual Tax
1,957
Year Built
3
Parking Total
0.74
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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