1019 Villa AVE, San Jose, CA 95126
- $2,099,000
- 4,056
- SqFt
Listing courtesy of Patrick Carvalho from Fathom Realty Group. 925-457-7161
- List Price
- $2,099,000
- Price Change
- ▼ $100,999 1792106943
- MLS#
- ML82061883
- Status
- ACTIVE
- Property Type
- com
- Sqft. of Residence
- 4,056
- Lot Size
- 10,000
- Listing Area
- Central San Jose
- Year Built
- 1957
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.
Additional Information
- Age
- 69
- Cooling System
- Ceiling Fan, Window / Wall Unit
- Floor Covering
- Hardwood, Tile
- Foundation
- Other
- Garage Parking
- Attached Garage, Carport, Detached Garage
- Heating System
- Other
- Laundry Facilities
- Coin Operated
- Living Area
- 4,056
- Lot Size
- 10,000
- Neighborhood
- Central San Jose
- Other Utilities
- Public Utilities
- Roof
- Shingle
- Sewer
- Sewer - Public
- Special Features
- None
- Zoning
- R3
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