Technical
Financial
Distress signals
Property profile

1595 Pomona Ave San Jose, CA 95110

OFF-MARKET
Warehouses
Property ID
US09-0209251
3,350 SF Built 2023
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Property summary

AI-generated overview

This exceptional San Jose property offers a unique blend of commercial and residential income streams. The 3,350 square foot warehouse, built in 2023, sits on a 16,000 square foot lot and boasts a current NOI of $99,000, with a pro-forma NOI of $138,029. The property includes two separate buildings, each single-story, and features two residential rental units: a 3-bedroom, 1-bathroom unit and a 2-bedroom, 1-bathroom unit, ensuring 100% occupancy. The property is zoned for light industrial and residential use, providing flexibility for future expansion or adaptation. Located in San Jose, CA (zip code 95110), this Class C property benefits from its proximity to major employment centers like Facebook, Amazon, and Google, as well as convenient access to Highway 101 and public transportation. The asking price is $2,450,000, representing a 4.04% cap rate and a pro-forma cap rate of 5.63%. Seller financing may be available. This owner-user opportunity presents a compelling investment with significant upside potential. The property consists of two parcels (APN 424-22-087 and 424-22-088) and offers an additional 3,000 square feet of potential warehouse space. The property is currently leased under a modified lease agreement with multiple tenants, but no credit rating is available.

Property profile

Verified
Property type Warehouses
Year built 2023
Total area 3,350 SF
UPID US09-0209251

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1595 Pomona Ave San Jose, CA 95110
San Jose metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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