Property summary
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
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
CO · San Jose, CACO 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CO in San Jose, CA.
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