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Bailey Properties
1019 Villa AVE, San Jose, CA 95126
- $2,199,999
- 4,056
- SqFt
Listed by Patrick Carvalho, 925-457-7161 from Fathom Realty Group
(If provided) CoList: from
- List Price
- $2,199,999
- MLS#
- ML82061883
- Status
- ACTIVE
- 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.
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Additional Information
- 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
- Zoning
- R3
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Bailey Properties are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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