859 Villa Ave, San Jose, CA 95126

Located in the Rose Garden neighborhood of San Jose, the property at 859-879 Villa Avenue presents a multifamily investment opportunity. The property consists of eight separately addressed residential units on a single parcel, which qualifies the asset for exemption from San Jose’s rent control ordinance. The improvements include six detached single-family residences, each offering two bedrooms and one bathroom, in-unit washer and dryer, fireplaces, small basements, and refinished oak hardwood floors with fresh interior paint completed between tenancies. Two additional larger units are located at the rear of the property in a two-story stacked configuration. All units are individually metered for both PG&E and water. Positioned in a quiet, residential setting, the property enjoys a premier central location with close proximity to Downtown San Jose and the region’s major employment and entertainment hubs. Commuters benefit from easy access to Highways 880, 87, and 280, along with Caltrain, VTA Light Rail, and Mineta San Jose International Airport. Situated on a sizable 7808 square foot lot, the property offers multiple paths for value creation. Investors can pursue rental optimization, explore the addition of accessory dwelling units, or consider a more comprehensive redevelopment strategy over time. Notably, the adjacent single-family property may also be purchased as part of a combined transaction, unlocking even greater redevelopment potential, increased density, and long-term appreciation.