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$2,099,000

Pending

1019 Villa Avenue

San Jose CA 95126

4,056

SF

Commercial

Type

1957

Built

$518/SF

Cost/SF

49 days on marketNalren refreshed

Listing Agent

Patrick Carvalho

Listing Agent

DRE #: 02136374

(279) 238-5270

Brokerage: Fathom Realty Group

Location Analysis

MapProperty Location

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

Map

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