1179 Mesa Drive San Jose, CA $ 1,625,000
1179 Mesa Drive
$ 1,625,000
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1179 Mesa Drive

San Jose, CA, 95118
$ 1,625,000
Baths0.0 Sq 3,364

Monthly Estimate*

$ 10,260

Listed by Magnify Real Estate
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Studio

Multi-Family Home for sale in San Jose, CA

for $1,625,000. This 3,364 square foot home was built in 1963 on a lot size of 0.1637.

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 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.

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,628

Style

Lot Size

0.1637

Year Built

1963

Town/City

San Jose

County/Region

Santa Clara

MLS | Web ID

ML82052089

Days on Market

4

Features
General
Living Area 3364
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Roof Fiberglass Shingle
Zoning R3H
HOA Fee 366
Garage Spaces 0
Pool Features Community
Year Built 1963
Property Subtype Quadruplex
Community Features Pool
Accessibility None
County Santa Clara
Insurance Expense 5046
Property Type Residential Income
HOA true
MaintenanceExpense 3000
Garage Y/N false
Special Listing Conditions Standard
Status Active
City San Jose
High School District San Jose Unified
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 7130
Carport Spaces 4
Carport Y/N true
Spa Features Community
Tax Annual Amount 21628
Trash Expense 0
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 4.65
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Carport Uncovered
Water Source Public
Total Parking 2
Lot Size Area 7130
Number of Buildings 1
Spa true
Building Area Total 3364
Lot Size Acres 0.1637
Private Pool false
Lot Size Source Assessor
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* Excluded Features
List By
Magnify Real Estate

Broker

willr@magnifyequity.com

Email

Affordability Calculator

$12,063
Per Month
85%
15%
0%
Monthly Principal & Interest
$10,260
Monthly Property Taxes
$1,802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$1,625,000 Listed Price

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1179 Mesa Drive, San Jose, CA, 95118 is a Multi-Family Home for sale at $1,625,000 with 3,364 sqft and a lot size of 0.1637. 1179 Mesa Drive is a studio with 0.0 baths and was built in 1963. The property's zip code is 95118 which is in San Jose, CA