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Residential Income Property with AC

16-4320 Monterey Hwy San Jose, CA 95110

16-4320 Monterey Hwy, San Jose, CA, 95110
$219,000
For Sale
$219,000

2-bedroom, 1-bath home with central forced air heating and central AC, plus kitchen appliances and in-unit laundry.

Property Size582 SF
Price / SF$376.29
Days on Market68

Property Features for 16-4320 Monterey Hwy

General Information

Standard status
Active
Size
582 SF
Property subtype
Manufactured In Park
Listing Agency New Land Corp
Listed by Lexuan Tran
Source Exprealty
Added: May 12 Checked: Jul 18 at 2:37 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 New Land Corp


Investment Insights

Based on property information with market context.

This 2-bedroom, 1-bath residence offers approximately 582 square feet of living space with practical upgrades and low-maintenance finishes. The kitchen features granite countertops, an oven range, and a dishwasher. Laminate and tile flooring run throughout the home, and the updated bathroom includes a tub. A dining area is integrated into the living room for an open, accessible layout. Central forced air heating and central AC cooling support comfortable year-round conditions, and a washer and dryer are included for in-home laundry convenience.

The property is located within a designated school district. It is near a flea market, supermarket, restaurants, and stores, with easy access to Freeway 101.

Key Highlights

  • 2‑bedroom, 1‑bath home with 582 SF of living space
  • Kitchen with granite countertops, oven/range, and dishwasher
  • Central forced air heating and central AC for year‑round comfort

Local Financial Insights For Apartment 5plus

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 $23.0k $39.60
− Vacancy −$1.0k −$1.78
EGI $22.0k $37.82
− OpEx −$9.9k −$17.02
NOI $12.1k $20.80
582 SF · lease $39.60/SF/yr · vacancy 4.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$172.9K
$151.3K – $201.8K (±1% cap)
NOI $12,106 @ 7.0% cap · market cap 5.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$351.5K
$307.6K – $410.1K (±1% cap)
NOI $24,604 @ 7.0% cap · market cap 11.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Restaurant Nail Salon Building Supply Pharmacy Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - 2-bedroom, 1-bath home with central forced air heating and central AC, plus kitchen appliances and in-unit laundry.
Where is this mobile home & rv park located?
The property is located at 16-4320 Monterey Hwy San Jose, CA.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath home with 582 SF of living space; Kitchen with granite countertops, oven/range, and dishwasher; Central forced air heating and central AC for year‑round comfort
Contact an agent
More about this property
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