Residential Income Property with
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
(408) 210-4283
Listed by
Lexuan Tran
(408) 210-4283
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.
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
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
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 ...
Similar For Sale Nearby
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