Magnify is pleased to present 1179 Mesa Dr, a 4-unit investment opportunity located in a desirable San Jose neighborhood. This 4plex features a unit mix of spacious 2-bedroom/1-bathroom floorplans. A standout feature of this asset is that one unit is newly remodeled, presenting a unique opportunity for an owner-occupant buyer… Read More to move right in, or for an investor to instantly maximize cash flow by placing a tenant at full market rent. The property features functional layout designs where each unit enjoys its own private balcony or yard space. Residents benefit from dedicated covered carport parking and comfortable amenities that heavily support long-term tenant retention. Strategically located just blocks from Almaden Plaza and Whole Foods, 1179 Mesa Dr offers tenants a highly convenient lifestyle surrounded by a wide range of premier retail, dining, and everyday conveniences. The property's excellent location features easy access to major corridors like Almaden Expressway and Highway 85, providing a seamless commute to major Silicon Valley tech hubs and making this a prime acquisition for buyers seeking the perfect balance of current income, flexibility, and long-term appreciation. Read Less
Property listed by Magnify Real Estate, Will Riley 310-259-7556
Listing Snapshot
Days Online
1
Last Updated
Property Type
Quadruplex
Square Ft.
3,364
Lot Size
0.16 Acres
Year Built
1963
MLS Number
ML82052089
Additional Details
Building
Built in 1963, Living area: 3364.0, 1 building, 2 stories
Community
Pool
Cooling
None
Accessibility Features
None
Expenses
Insurance: $5,046, Maintenance: $3,000
Heating
WallFurnace
Home Owner's Association
Association Fee: $366
Income
Gross ScheduledIncome: $114,652
Lot
0.1637 acres
Parking
4 carport spaces, 2 total parking spaces, Carport, Uncovered
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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