1179 Mesa Drive, San Jose, CA 95118

$1,588,000
3,364
SqFt

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List Price
$1,588,000
Price Change
▼ $37,000 1784584777
Status
ACTIVE
MLS#
ML82052089
Year Built
1963
Living Sq. Ft
3,364
Lot Size
7,130
Acres
0.16
Days on Market
53
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

1179 Mesa Dr is 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 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.

Additional Information

Taxes
$21,628
HOA
390
Pool Description
Community
Heat
Wall Furnace
Cooling
Yes
Cooling Description
None
Roof
Fiberglass, Shingle
Sewer
Public Sewer
Water
Public
School District
San Jose Unified
Attached Structure
Detached
Gross Scheduled Income
$117,399

Listing courtesy of Listing Agent: Will Riley (willr@magnifyequity.com) from Listing Office: Magnify Real Estate.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.