NOT LISTED FOR SALE

1179 Mesa Dr San Jose, CA 95118

Almaden Neighborhood
8 Beds
4 Baths
3,364 Sq Ft
7,131 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $1,390,000 $413 Per Sq Ft

21 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Balcony
  • Pioneer High School Rated A-
  • Corian Countertops
  • Double Pane Windows

About This Home

As of November 2017

RENTAL INCOME IS GREAT AND CAN BE BETTER. CAP RATE OVER 4%. ALL KITCHENS HAVE BEEN REMODELED OVER PAST 4 YEARS. GREAT PAYING TENANTS. TWO PARKING SPACES PER UNIT; ONE COVERED IN CARPORT THE OTHER BEHIND BUILDING ASSIGNED. TWO UNITS HAVE VERY LARGE FENCED YARDS; OTHER TWO UNITS UPSTAIRS HAVE BALCONIES. SELLER INSTALLED COPPER PLUMBING 3-4 YEARS AGO. ROOF IN VERY GOOD CONDITION. EXTRA INCOME FROM LAUNDRY COIN OPERATED W/D. CONVENIENT LOCATION FOR COMMUTING TO SJ VIA HWY 85 OR HWY 87. SELLER 1031 EXCHANGE NO COST TO BUYER. OPEN HOUSE FOR AGENTS AND POTENTIAL BUYERS SEPTEMBER 23RD 11 AM TO NOON.

Last Agent to Sell the Property

Tony Lupina

Legacy Real Estate & Associates License #00855775 Listed on: 09/07/2017

Last Buyer's Agent

Monica Chung

Andersen Jung & Co License #01079185

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,131 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Home Design

  • Quadruplex
  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Low Flow Toliet
  • 3,364 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows

Kitchen

  • Electric Oven
  • Range Hood
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Laundry

  • Laundry Room
  • Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking
  • Unassigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Wall Furnace
  • Heating System Uses Gas
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Total Actual Rent $86,520

Community Details

Overview

Amenities

  • Coin Laundry

Building Details

  • 4 Leased Units
  • Gardener Expense $1,200
  • Insurance Expense $2,145
  • Maintenance Expense $600
  • Manager Expense $5,191
  • Other Expense $2,796
  • Utility Expense $3,129
  • Trash Expense $1,991
  • Operating Expense $32,652
  • Gross Income $87,669

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: R3H
  • Subclass: Fourplex
  • Style: Contemporary
  • Age: 54
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 3364
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 3364
  • Stories: 2
  • Laundry: Coin Operated, Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Community Facility, Pool - Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Carport, Covered Parking, Unassigned Spaces
  • Carport Min: 1

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 233
  • HOA Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1637
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7130.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7130.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Less Than 1 Yr, Month To Month
  • Gross Rent Multiplier: 15.81
  • Number Of Leased: 4

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2145
  • Expense Landscape: 1200
  • Expense Maintenance: 600
  • Expense Management: 5191
  • Expenses Other: 2796
  • Expenses Total: 32652
  • Expenses Utility: 3129
  • Expense Trash: 1991
  • Income Annual Gross: 87669.00
  • Income Annual Rental: 86520
  • Income Gross Scheduled: 88555
  • Income Includes: Laundry, Rents
  • Income Other: 2035
  • Meters: Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Association, Fee - Property Management, Fee - Property Tax, Insurance, Loan - Mortgage, Maintenance - Repair, Services - Gardener, Services - Sewer, Utilities - Water
  • Tenant Expenses: Utilities - Electric, Utilities - Gas
  • Vacancy Factor: 1

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $1,390,000 -0.7% $413 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/07/2017 09/07/17 For Sale $1,399,987 +53.8% $416 / Sq Ft
01/29/2014 01/29/14 Sold $910,000 +3.4% $271 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
12/04/2013 12/04/13 For Sale $880,000 -- $262 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2017

    Tony Lupina

    Legacy Real Estate & Associates

  • M

    Buyer's Agent in 2017

    Monica Chung

    Andersen Jung & Co

    Section Image
  • Peter Carey

    Seller's Agent in 2014

    Peter Carey

    Peter Carey Realty

    (408) 272-3345

    14 Total Sales

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81677027

MLSListings

APN: 567-52-031

California Santa Clara County San Jose 95118 Almaden

1179 Mesa Dr, San Jose, CA

This home is located at 1179 Mesa Dr, San Jose, CA 95118 since 07 September 2017. This property was built in 1963. 1179 Mesa Dr is a home located in Santa Clara County with nearby schools including Almaden Elementary School, Castillero Middle School, and Pioneer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes