San Jose, CA 95126
$2,199,999
Bed
0
Bath
0
Living Space
2,856 SqFt
Year Built
1957
Lot Size
0.23 Acres
Days
12
Investment opportunity with $132,901 NOI, a 6.04% in-place cap rate, $147,221 pro forma NOI, and a 6.71% pro forma cap rate. The property currently generates approximately $13,935 per month in rental income and consists of seven residential units across two separate buildings on one APN. 1019 Villa Ave features a 2-bedroom, 1-bath single-family residence with approximately 1,200 sq ft plus a full cement-construction basement. 1021 Villa Ave is a six-unit multifamily building with six 1-bedroom, 1-bath units. Recent capital improvements include new windows and new electrical panels. The two-address configuration, established rental income, recent improvements, and projected NOI growth make this a compelling opportunity for investors seeking an income-producing residential asset in San Jose.
Listing provided courtesy ofPatrick Carvalho License 02136374 Fathom Realty Group
Data provided by MLSListings Inc.
Booksin Elementary School - GreatSchools rating 9/10 Graystone Elementary School - GreatSchools rating 9/10 Hacienda Science/Environmental Magnet School - GreatSchools rating 9/10 School District: San Jose Unified School District
Within a 1-2 mile radius of the property, several parks and recreational areas are available. These include Del Monte Park, O'Connor Park, and Sodality Park (historical). Additionally, Parma Park, Jeffrey Fontana Park, and Almaden Meadows are also nearby. Martial Cottle Park State Recreation Area, which offers walking, biking, and equestrian trails, is also accessible.
The property is located in San Jose, CA. While a specific neighborhood name for "Villa" was not definitively identified, the general area is characterized by a mix of residential living with access to local businesses and dining. San Jose itself is known for its innovation and diversity, offering a blend of modern amenities and cultural attractions. Neighborhoods like Willow Glen are noted for their charming tree-lined streets and boutique shops, while others like Rose Garden are recognized for their historic elegance.
This location has a Walk Score of 84 out of 100, indicating it is "Very Walkable," meaning most errands can be accomplished on foot. It also has a Transit Score of 43 out of 100, signifying "Some Transit" with a few nearby public transportation options. Verified transit routes include the Green Line (Old Ironsides - Winchester) and various bus lines such as the 23, 64B, and Rapid 523.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
Booksin Elementary School - GreatSchools rating 9/10 Graystone Elementary School - GreatSchools rating 9/10 Hacienda Science/Environmental Magnet School - GreatSchools rating 9/10 School District: San Jose Unified School District
Within a 1-2 mile radius of the property, several parks and recreational areas are available. These include Del Monte Park, O'Connor Park, and Sodality Park (historical). Additionally, Parma Park, Jeffrey Fontana Park, and Almaden Meadows are also nearby. Martial Cottle Park State Recreation Area, which offers walking, biking, and equestrian trails, is also accessible.
The property is located in San Jose, CA. While a specific neighborhood name for "Villa" was not definitively identified, the general area is characterized by a mix of residential living with access to local businesses and dining. San Jose itself is known for its innovation and diversity, offering a blend of modern amenities and cultural attractions. Neighborhoods like Willow Glen are noted for their charming tree-lined streets and boutique shops, while others like Rose Garden are recognized for their historic elegance.
This location has a Walk Score of 84 out of 100, indicating it is "Very Walkable," meaning most errands can be accomplished on foot. It also has a Transit Score of 43 out of 100, signifying "Some Transit" with a few nearby public transportation options. Verified transit routes include the Green Line (Old Ironsides - Winchester) and various bus lines such as the 23, 64B, and Rapid 523.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
