About This Home
This 3-bedroom, 0-bathroom single family at 1019 Villa AVE in San Jose, CA is listed for $2,099,000 ($518 per sqft). Built in 1957, the home offers 4,056 sqft of living space on a 0.23 acres lot.
Key Features
- Built in 1957
- 0.23 acre lot
- 3 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$11,226/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1019 Villa AVE
San Jose, CA 95126
Property Details
Flooring
Parking
Cooling
Appliances
Questions & Answers
This 3-bedroom, 0-bathroom single family at 1019 Villa AVE is listed at $2,099,000 ($518/sqft). The estimated monthly payment is $11,226 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1957, 0.23 acre lot, 3 parking spaces.
This property is listed by Patrick Carvalho and can be reached at 9254577161.
