REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Joel Hopman • Newmark Cornish & Carey
$ 11,350,000
Est. payment /mo
Open Thu 1AM-1PM
1299 Leigh Avenue San Jose, CA 95126
30,851 SqFt
Open House
Thu Oct 16, 1:00am - 1:00pm
Tue Oct 21, 11:00am - 1:00pm
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 30,851 sqft
Price per Sqft $367
MLS Listing ID ML82024500
HOA Y/N No
Year Built 1971
Lot Size 1.040 Acres
Property Sub-Type Other
Source Datashare MLSListings
Property Description
Built in 1971, the Mission Villa Apartments offers a rare unit mix and variety of amenities not commonly found in a 36-unit community. The thoughtfully designed and oversized 705 sq. ft. one bedroom on baths, 850 sq. ft. 2 bedroom 2 baths, and 1,150+ sq ft. three bedroom two baths units offer in-wall A/C, dishwashers and disposals, and either private patios or balconies. The attractive Spanish-Style architecture property boasts a heated swimming pool and spa, BBQ area, recreation room, fitness center and an adjoining sauna with shower and restrooms. The Mission Villa Apartments provides a compelling value-add investment opportunity, with upside through both interior and common area renovations combined with mark-to-market benefit. While current ownership has maintained the asset well and renovated select units, the groundwork is laid to expand the unit modernization program to compete with nearby higher-end communities. Additional operational upside can be captured via loss to lease upside, contemporization of existing amenities, or conversion to add multiple additional rental units. Tenants benefit from proximity to the 11-mile Los Gatos Creek Trail, retail and restaurant options of The Pruneyard, Santana Row and Downtown Campbell, and world-class employers.
Location
State CA
County Santa Clara
Interior
Heating Wall Furnace
Fireplace No
Appliance Dishwasher, Refrigerator
Laundry Coin Operated
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Get More Information
Quick Search
- San Francisco, CA
- Oakland, CA
- Berkeley, CA
- San Jose, CA
- Concord, CA
- Fremont, CA
- Daly City, CA
- San Ramon, CA
- Hercules, CA
- Vallejo, CA
- Benicia, CA
- Fairfield, CA
- Richmond, CA
- Alameda, CA
- Hayward, CA
- Pleasanton, CA
- Livermore, CA
- Dublin, CA
- San Leandro, CA
- Vacaville, CA
- Walnut Creek, CA
- Castro Valley, CA
- Napa, CA
- American Canyon , CA