Residential Income
For Sale
$1,199,888
212 Pamela Avenue, San Jose, CA 95116
R-M zoning and compact heating and cooking equipment define the property’s basic configuration.
Property Size1,800 SF
Price / SF$666.60
Days on Market8
Property Features for 212 Pamela Avenue
General Information
Standard status
Active
Size
1,800 SF
Total Parking Spaces
2
Property subtype
Residential Income
Zoning
R-M
Site & Location
Neighborhood
Alexian
Taxes and HOA fees
Annual Taxes
$16,793
Amenities
Wall/Window Unit(s)
Electric Cooktop, Refrigerator, Range Hood
Building Details
Building Size
1,800 SF
Year Built
1962
Buildings
1
Listing Agency:
Real Brokerage Technologies
Listed By:
Lex Orosco · License #01930420
(408) 921-5788
Source:
Evrealestate
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 23 at 8:05AM
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 Real Brokerage Technologies
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1962, this residential income property contains 1,800 square feet. Interior features include wall or window air-conditioning units, an electric cooktop, a refrigerator, and a range hood. The property is zoned R-M.
The address is 212 Pamela Avenue in San Jose, California, with McCreery Avenue identified as a cross street.
The address is 212 Pamela Avenue in San Jose, California, with McCreery Avenue identified as a cross street.
Key Highlights
- 1,800‑square‑foot residential income property
- Built in 1962
- Zoned R‑M
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,440
Cap Rate
3.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,800
$748.8K
Cap Rate 7%
$534,857
$534.9K
Cap Rate 9%
$416,000
$416.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$71.3K $39.60/SF
− Vacancy
−$3.2K −$1.78/SF
EGI
$68.1K $37.82/SF
− OpEx
−$30.6K −$17.02/SF
NOI
$37.4K $20.80/SF
Area
San Jose, CA
Vacancy
4.50%
Lease Rate
$39.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,800
Cap Rate 7%
$534,857
Cap Rate 9%
$416,000
Alternative Uses
Best Use
Apartment 5plus
$534.9K
$468.0K – $624.0K
NOI $37,440 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$951.2K – $1.27M
NOI $76,095 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Contact the owner directly
Get the owner's phone numbers and email
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,808
Businesses Nearby
Explore this area
Business Placement
Demographics for 95116, CA
51,222
Population
13,987
Households
3.7
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
3.6 sq mi
ZIP Area
14,228
Density / Sq Mi
$83,428
Median Household Income
$41,992
Median Earnings
$2,049
Median Rent
$842,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - R-M zoning and compact heating and cooking equipment define the property’s basic configuration.
Where is this residential income property located?
The property is located at 212 Pamela Avenue San Jose, CA.
What is the asking price?
The asking price for this property is $1,199,888.
What are key features of this property?
This property features: 1,800‑square‑foot residential income property; Built in 1962; Zoned R‑M
