Property Details
About this Property
994 The Alameda has been owned by the same family for 50+ years and boasts seven residential units and four ground floor retail units. The residential units are very large and consist of (4) Studios and (3) 1 Bed, 1 Bath floorplans. The retail spaces have all been improved by the tenants, and all tenants are operating successful businesses and have been at the property for 5+ years. Additionally, all units and the property systems have been well-maintained over the years and select units feature upgraded kitchens, countertops, cabinets, and bathrooms. Ownership has spent over $50,000 on capital improvements in 2025, which include but are not limited to: roof, two new water heaters, electrical subpanels, etc... This property presents an excellent value add opportunity through adjusting the full-service leases to NNN leases upon lease expiration, which will roughly capture a 35% rental premium to the in-place leases.
MLS Listing Information
MLS #
ML82032579
MLS Source
MLSListings, Inc.
Days on Site
5
Interior Features
Cooling
Other
Heating
Forced Air, Other, Wall Furnace
Exterior Features
Roof
Flat
Foundation
Slab
Parking, School, and Other Information
Garage/Parking
Other, Garage: 0 Car(s)
Elementary District
San Jose Unified
High School District
San Jose Unified
Sewer
Public Sewer
Water
Public
Zoning
CG
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 11 | 11 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 765 | 1 | 1/0 | – | – | 3 |
| 2 | 535 | – | 0/0 | – | – | 4 |
| 3 | 1,505 | – | 0/0 | – | – | 1 |
| 4 | 1,470 | – | 0/0 | – | – | 1 |
| 5 | 1,413 | – | 0/0 | – | – | 1 |
| 6 | 1,412 | – | 0/0 | – | – | 1 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
994 the Alameda is a Residential Income in San Jose, CA 95126. This 9,148 square foot property sits on a 10,454 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,895,000 and was built in 1924. This address can also be written as 994 the Alameda, San Jose, CA 95126.
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This listing information is up-to-date as of January 26, 2026. For the most current information, please contact Jefrey Henderson, (408) 893-8063
