2039 Forest Avenue San Jose, CA 95128
Office condominium with reception, two offices, four plumbed exam rooms, and restroom—walkable to O'Connor Hospital.
- Added:
- Feb 26, 2026
- Days on Market:
- 138
- Last Refresh:
- Jun 26 at 2:27 am
Property Features for 2039 Forest Avenue
General Information
- Standard status
- Active
- Size
- 1,600 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1985
Listing office Coldwell Banker Realty (408) 621-7473
Listing date Feb 26, 2026
Source Exitrealty
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
The property is situated on Forest Avenue in San Jose, within walking distance to O'Connor Hospital. Access is also convenient to major routes including 280, 880, and nearby destinations such as Santana Row and Valley Fair.
This suite is a strong fit for a healthcare provider or professional practice seeking an owner-occupied office setup with dedicated exam room infrastructure. The presence of reception and multiple plumbed exam rooms can streamline intake and patient visits, while the included offices provide space for private consultations or administrative work.
Key Highlights
- Approximately 1,600 SF medical/professional office condominium
- Third‑floor suite with front reception and waiting area
- Includes two offices
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 | $89.7k | $56.04 |
| − Vacancy | −$14.6k | −$9.13 |
| EGI | $75.0k | $46.91 |
| − OpEx | −$18.8k | −$11.73 |
| NOI | $56.3k | $35.18 |
Alternative Uses
Property Analytics
Current Use by Public Records
Similar For Sale Nearby
Similar Off Market Nearby
- Burbank Pet Hospital — 1819 W San Carlos St, San Jose, CA 95128
- Bascom Veterinarian Center — 511 S Bascom Ave, San Jose, CA 95128
- Leticia Alvarado - Burbank Pet Hospital — 1819 W San Carlos St, San Jose, CA 95128
- Girish Kumar - Burbank Pet Hospital — 1819 W San Carlos St, San Jose, CA 95128
- Michelle Fluegge - Burbank Pet Hospital — 1819 W San Carlos St, San Jose, CA 95128
