1019 Villa AVE, San Jose, CA 95126
- $2,199,999
- 2,856
- 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
- 2,856
- Lot Size
- 10,000
- Listing Area
- Central San Jose
- Year Built
- 1957
Property Description
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. Reported rents provide potential for future income growth, subject to applicable laws, tenant protections, lease terms, and market conditions. 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.
/u.realgeeks.media/sanjoserealestatepro/Header_Logo-min.png){kind=logo}
Additional Information
- Cooling System
- Ceiling Fan, Window / Wall Unit
- Days On Market
- Unknown
- Floor Covering
- Hardwood
- Foundation
- Other
- Garage Parking
- Attached Garage, Carport, Detached Garage
- Heating System
- Other
- Living Area
- 2,856
- 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 Real Estate Company 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.
Copyright 2026 MLSListings Inc. All rights reserved