1019 Villa Avenue, San Jose, CA 95126

$2,099,000
4,056
SqFt

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List Price
$2,099,000
Status
ACTIVE
MLS#
ML82061883
Price Change
▼ $100,999 1792109658
Year Built
1957
Property Type
Other
Living Area
4,056
Lot Size
10,000
Acres
0.23
County
Santa Clara
Subdivision
Ca

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

Appliances
Refrigerator
Flooring
Hardwood, Tile
Laundry Features
Coin Operated
Parking Features
Attached
Water Sewer
Public

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Listing courtesy of Patrick Carvalho from Fathom Realty Group. 925-457-7161

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