1179 Mesa DriveSan Jose, CA 95118

Multi-Family · 3,364 Sq. ft. | 0.16 Acres
$1,625,000 Active

1179 Mesa Drive Overview

Time on Site:
5 days
Visits:
0

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.

Open Houses

  • PublicWed. Jul 11:00PM - 2:00PM PDT
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1179 Mesa Drive Facts & Features

  • Type Multi-Family
  • Sq. ft. 3,364
  • Price/Sq.ft. $483
  • Lot 0.16 Acres

Details

General

Association/HOA

  • Association Fee: 366.0
  • Association: Yes

School Information

  • School District: San Jose Unified

Income/Expenses

  • Gross Scheduled Income: 114652.0
  • Insurance Expense: 5046.0
  • Maintenance Expense: 3000.0

Building Information

  • Year Built: 1963

Location/Region

  • County Or Parish: Santa Clara
  • MLS Area Major: 699 - Not Defined
  • Postal City: SAN JOSE

Community/Development

  • Community Features: Pool

Tax Information

  • Tax Annual Amount: 21628.0

General Information

  • Parcel Number: 56752031
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Special Listing Conditions: Standard
  • Zoning: R3H

Interior

Parking Information

  • Garage: No

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 3364.0

General Information

  • Accessibility Features: None
  • Living Area: 3364.0
  • Living Area Source: Assessor
  • Spa Features: Community
  • Spa: Yes
  • Stories Total: 2

Exterior

Parking Information

  • Parking Features: Carport,Uncovered
  • Parking Total: 2.0

Lot Information

  • Lot Size Acres: 0.1637
  • Lot Size Area: 7130.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7130.0
  • Lot Size Units: Square Feet
  • Number Of Buildings: 1
  • Water Source: Public

Waterfront/View

  • View: No

Building Exterior/Construction

  • Roof: Fiberglass,Shingle

General Information

  • Carport Spaces: 4.0
  • Carport: Yes
  • Pool Features: Community
  • Pool Private: No
  • Sewer: Public Sewer

1179 Mesa Drive Neighborhood

Community

95118 (San Jose) Demographics

40
Median Age
7,915
Population Density (per sq. mile)
58%
College Educated
$123,250
Estimated Median Income
7,260
Estimated Total Home Owners
4,017
Estimated Total Renters
64% / 36%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1179 Mesa Drive Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1179 Mesa Drive Market Data

Based on the last 30 days in this zip code

$1,429,919
Average List Price
$965
Average Price per Square Foot
12
Properties Sold
59
Average Days on Market
184
Properties for Sale
Calculations provided by Reliance Network

1179 Mesa Drive History

Date Event Value Agent
6/24/2026Source: CRMLS Added to Database
June 24, 2026
12/20/2022Source: CRMLS Added to Database
December 20, 2022
11/7/2022Source: CRMLS Added to Database
November 07, 2022
Listing provided courtesy of Magnify Real EstateWill Riley- MLS# ML82052089MLS ProviderContact Information: (877) 776-7718
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