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$ 3,895,000
Est. payment | /mo
0.57 Acres Lot
$ 3,895,000
Est. payment | /mo
0.57 Acres Lot
Key Details
Property Type Commercial
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID ML82032684
HOA Y/N No
Year Built 1920
Annual Tax Amount $46,896
Lot Size 0.572 Acres
Property Description
859879 Villa Avenue offers a rare multifamily investment opportunity in San Joses highly sought-after Rose Garden neighborhood, known for its long-term stability, strong tenant demand, and limited supply. Located on a quiet residential street with close proximity to Downtown San Jose, the property benefits from immediate access to major employment centers, entertainment venues, and commuter routes. The asset consists of eight separately addressed residential units on a single parcel, qualifying for exemption from San Joses rent control ordinance. Improvements include six detached 2-bedroom/1-bath single-family residences featuring in-unit washer and dryer, fireplaces, small basements, and refinished oak hardwood floors with fresh interior paint completed between tenancies. Two additional larger units are located at the rear in a two-story stacked configuration. All units are individually metered for PG&E and water. Situated on a large lot, the property presents multiple value-add opportunities, including rental optimization, and potential ADU development. An adjacent single-family parcel may also be available for purchase, offering expanded redevelopment and density potential.
Location
State CA
County Santa Clara
Area 699 - Not Defined
Zoning R3H
Interior
Heating Fireplace(s)
Fireplace No
Exterior
Carport Spaces 5
Roof Type Flat,Shingle
Schools
School District San Jose Unified
Others
Tax ID 26108012
Special Listing Condition Standard
Listed by Tyler Charron Compass #02201795
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