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Property profile

2060 The Alameda San Jose, CA 95126

OFF-MARKET
Office buildings
Property ID
US09-0724526
View Sample
2,620 SF 0.23 ac lot Built 1925
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 2,620-square-foot executive office building, situated at 2060 The Alameda in San Jose, California, presents a unique investment opportunity. Built in 1925, this beautifully converted Mediterranean-style building boasts a charming aesthetic and is ideally located in the Rose Garden neighborhood, close to Santa Clara University. The property features multiple offices, two conference rooms, three separate restrooms, a full kitchen, and an outdoor patio. Currently vacant, this allows for immediate occupancy or customization to suit a variety of business needs. The 0.22-acre lot provides ample space, and the property includes 11 parking spaces. Its prime location offers easy access to Highways 880, 101, and 280, providing convenient commutes throughout the Silicon Valley. The property enjoys high visibility on The Alameda, situated at the gateway between Santa Clara and San Jose, with proximity to Santana Row's upscale dining and shopping, Valley Fair Mall, and San Jose International Airport. The property is zoned CO (Commercial Office) and has a West Alameda Urban Village designation, allowing for a building height of up to 120 feet. It's also zoned for affordable housing and may have potential for rezoning to PD (Planned Development) or NC (Neighborhood Commercial), though potential buyers should conduct their own due diligence with the city to verify. The asking price is $1,675,000, with a price per square foot of $639.31 and a land value of $174.79 per acre. This is a rare opportunity to acquire a distinctive property in a highly desirable San Jose location.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1925
Total area 2,620 SF
Lot 0.23 ac (9,866 SF)
Zoning code CO
APN 230-21-001
UPID US09-0724526

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.20M
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.22M
Blend (final) Blend
$1.20M

Owner & transaction history

since 2025
Last sale
$1.2M
7 recorded transactions
2025
$1.5M
2025
Price N/A
2024
$1.2M
2017
$1.2M
2015
Price N/A
2007
Price N/A
2007
Price N/A

Zoning & alternative use

CO · San Jose, CA
Zoning description

CO Commercial Office District. The CO Commercial Office District is a district in or near residential areas or between residential and commercial areas. This district is intended to be a low-intensity office zone that al…

General category COMMERCIAL
Top alternative use upside
Warehouse, storage $1.2M +26.9%

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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