Turnkey Live-Work Office
1414 Meridian Avenue San Jose, CA 95125
1414 Meridian Avenue, San Jose, CA, 95125
$1,750,000
For Sale
$1,750,000
Turnkey live-work space with upgraded HVAC, secure gated parking, and an interior setup for office, medical, or creative use.
Property Size1,975 SF
Price / SF$886.08
Days on Market358
Property Features for 1414 Meridian Avenue
General Information
- Standard status
- Active
- Size
- 1,975 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1946
Listing Agency
Marcus & Millichap
(408) 888-9594
Listed by
Mitchell Zurich · License #01870648
(408) 888-9594
Source
Exitrealty
Added: Jul 25, 2025 Checked: Jul 17 at 4:59 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap
Investment Insights
Based on property information with market context.
1414 Meridian Avenue presents a turnkey live-work setup with an office interior designed for professional use. The space includes a full kitchen, a bathroom with shower, a dedicated laundry area, and a fireplace, blending residential comfort with practical office functionality. Recent updates include a new air conditioner and heater. In 2013, the building received significant improvements intended to enhance both performance and presentation, including a new roof, solar system, upgraded electrical panel, dual-pane windows, and ADA-compliant enhancements.
The property is located near the Downtown Willow Glen district, with convenient access to Interstate 280, State Route 17, and State Route 87. A secure, gated parking lot provides six dedicated spaces, including one ADA-accessible stall.
As an owner-user opportunity, the current owner operates a business on site and will move out at closing. This configuration can fit professional service users, medical, or creative office needs based on the included kitchen, shower bathroom, and in-unit laundry, along with ADA-compliant features and secure parking. Marketing materials and reports are available upon request.
The property is located near the Downtown Willow Glen district, with convenient access to Interstate 280, State Route 17, and State Route 87. A secure, gated parking lot provides six dedicated spaces, including one ADA-accessible stall.
As an owner-user opportunity, the current owner operates a business on site and will move out at closing. This configuration can fit professional service users, medical, or creative office needs based on the included kitchen, shower bathroom, and in-unit laundry, along with ADA-compliant features and secure parking. Marketing materials and reports are available upon request.
Key Highlights
- 1946‑built office/live‑work property upgraded with new air conditioner and heater
- 2013 upgrades include new roof, solar system, upgraded electrical panel, and dual pane windows
- Secure gated parking lot with 6 dedicated spaces, including 1 ADA‑accessible stall
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $56.04 |
| − Vacancy | −$18.0k | −$9.13 |
| EGI | $92.6k | $46.91 |
| − OpEx | −$23.2k | −$11.73 |
| NOI | $69.5k | $35.18 |
1,975 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$992.6K
$868.5K – $1.16M
NOI $69,479 @ 7.0% cap · market cap 3.97%
Second Best
Mixed Use
$571.3K
$499.9K – $666.6K
NOI $39,994 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,493 @ 7.0% cap · market cap 4.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Presidential Real Estate
Real Estate Agency
Sandy Adams Properties
Property Management Company
Harman Insurance Services
Insurance Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - Turnkey live-work space with upgraded HVAC, secure gated parking, and an interior setup for office, medical, or creative use.
Where is this live-work space located?
The property is located at 1414 Meridian Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 1946‑built office/live‑work property upgraded with new air conditioner and heater; 2013 upgrades include new roof, solar system, upgraded electrical panel, and dual pane windows; Secure gated parking lot with 6 dedicated spaces, including 1 ADA‑accessible stall
