Prime Office Condo For
2021 The Alameda #199 San Jose, CA 95126
2021 The Alameda #199, San Jose, CA, 95126
$468,888
For Sale
$468,888
Office condo in prime location, ideal for owner-users or investors.
Property Size850 SF
Price / SF$551.63
Days on Market399
Property Features for 2021 The Alameda #199
General Information
- Standard status
- Active
- Size
- 850 SF
Building Details
- Year Built
- 1982
Listing agency
ESUCCESS REALTY
(408) 921-7281
Listed by
EDWINA LEUNG
Source
Corcoran
Added: Jun 19, 2025 Updated: Mar 16 at 9:09AM Checked: Jul 22 at 8:59AM
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 ESUCCESS REALTY
Investment Insights
Based on property information with market context.
This office condo is located in Alameda Park Center at 2021 The Alameda, Ste. 199, San Jose, Ca. 95126. The first-floor unit offers approximately 850 square feet of space, featuring two private offices and an office pantry with a sink. The Homeowner's Association (HOA) fee is $534 per month. This fee covers central air conditioning, water, and electricity inside the unit, as well as all common area expenses. This location is suitable for owner-users or investors.
Key Highlights
- Prime location in Alameda Park Center
- First floor office unit suitable for owner‑users or investors
- HOA covers central A/C, water, and electric inside the unit, plus common area expenses
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 | $47.6k | $56.04 |
| − Vacancy | −$7.8k | −$9.13 |
| EGI | $39.9k | $46.91 |
| − OpEx | −$10.0k | −$11.73 |
| NOI | $29.9k | $35.18 |
850 SF · lease $56.04/SF/yr · vacancy 16.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$427.2K
$373.8K – $498.4K
NOI $29,902 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$513.3K
$449.2K – $598.9K
NOI $35,934 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
William Ping
Loan Service
Downing Law Firm
Law Firm
J.C. Cadena DDS ...
Dental Office
Law Office of Camelia ...
Law Firm
Berki Law
Law Firm
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FAQs
What type of property is this?
Office units - Office condo in prime location, ideal for owner-users or investors.
Where is this office units located?
The property is located at 2021 The Alameda #199 San Jose, CA.
What is the asking price?
The asking price for this property is $468,888.
What are key features of this property?
This property features: Prime location in Alameda Park Center; First floor office unit suitable for owner‑users or investors; HOA covers central A/C, water, and electric inside the unit, plus common area expenses
