$2,199,999

1019 Villa Avenue, San Jose CA, 95126

Price per sqft$770.31

Built in1957

Property size2,856 sqft

Property typeCommercial

Listed by Patrick Carvalho CA DRE# 02136374 with Fathom Realty Group 925-457-7161

Overview

Active

Listed Sep 18, 2026

Updated 6 days ago

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.

Additional information

MLS^® ID: ML82061883

Interior Features

Bathrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 0.23 Acres

Other Property Details

Taxes: $13,157
Tax Frequency: Annually
Maintenance Expense: $5,000

Listed by Patrick Carvalho CA DRE# 02136374 with Fathom Realty Group 925-457-7161

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/30/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 9/30/2026 at 7:32 PM UTC Last Checked: 7:32 PM UTC