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… Read More 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. Read Less
Property listed by Compass, Tyler Charron 408-427-8963
Listing Snapshot
Days Online
0
Last Updated
Square Ft.
7,808
Lot Size
0.57 Acres
Year Built
1920
MLS Number
ML82032684
Additional Details
Building
Built in 1920, 7 buildings
Expenses
Insurance: $7,593, Maintenance: $8,000, Other Expense: $9,559
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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.
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