1179 Mesa Dr San Jose, CA 95118
Almaden Lake NeighborhoodEstimated payment $10,417/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- 1963
Home Design
- Quadruplex
- Wood Frame Construction
- Shingle Roof
- Fiberglass Roof
Interior Spaces
- 3,364 Sq Ft Home
- 2-Story Property
- Crawl Space
- Monitored
- Washer and Dryer
Parking
- 3 Parking Spaces
- 4 Carport Spaces
- Uncovered Parking
- Assigned Parking
Pool
- Private Pool
Utilities
- Wall Furnace
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
Community Details
Overview
- Property has a Home Owners Association
Building Details
- 3 Leased Units
- Gardener Expense $1,200
- Insurance Expense $4,205
- Maintenance Expense $2,000
- Other Expense $4,680
- Utility Expense $10,453
- Operating Expense $44,166
- Gross Income $113,877
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $21,167 | $1,581,579 | $1,137,827 | $443,752 |
| 2024 | $19,895 | $1,550,568 | $1,115,517 | $435,051 |
| 2023 | $19,497 | $1,520,166 | $1,093,645 | $426,521 |
| 2022 | $19,357 | $1,490,359 | $1,072,201 | $418,158 |
| 2021 | $18,976 | $1,461,137 | $1,051,178 | $409,959 |
| 2020 | $18,672 | $1,446,156 | $1,040,400 | $405,756 |
| 2019 | $18,310 | $1,417,800 | $1,020,000 | $397,800 |
| 2018 | $18,148 | $1,390,000 | $1,000,000 | $390,000 |
| 2017 | $13,207 | $961,180 | $580,934 | $380,246 |
| 2016 | $12,974 | $942,335 | $569,544 | $372,791 |
| 2015 | $12,858 | $928,181 | $560,989 | $367,192 |
| 2014 | $9,360 | $647,976 | $334,439 | $313,537 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/20/2026 07/20/26 | Price Changed | $1,588,000 | -2.3% | $472 / Sq Ft |
| 06/24/2026 06/24/26 | For Sale | $1,625,000 | -- | $483 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Wfg National Title Ins Co | |
| Interfamily Deed Transfer | -- | Wfg National Title Ins Co | |
| Grant Deed | $1,390,000 | Chicago Title Company | |
| Grant Deed | $910,000 | Lsi Title Company Inc | |
| Trustee Deed | $535,500 | Accommodation | |
| Grant Deed | $725,000 | Old Republic Title Company | |
| Gift Deed | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Guarant | |
| Grant Deed | $289,000 | First American Title Guarant |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $936,000 | New Conventional | |
| Previous Owner | $973,000 | New Conventional | |
| Previous Owner | $591,500 | New Conventional | |
| Previous Owner | $70,000 | Credit Line Revolving | |
| Previous Owner | $637,000 | Unknown | |
| Previous Owner | $152,500 | Credit Line Revolving | |
| Previous Owner | $500,000 | Unknown |
Source: MLSListings
MLS Number: ML82052089
APN: 567-52-031
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