Built in 1971, the Mission Villa Apartments offers a rare unit mix and variety of amenities not commonly found in a 36-unit community. The thoughtfully designed and oversized 705 sq. ft. one bedroom on baths, 850 sq. ft. 2 bedroom 2 baths, and 1,150+ sq ft. three bedroom two baths units offer in-wall A/C, dishwashers and disposals, and either private patios or balconies. The attractive Spanish-Style architecture property boasts a heated swimming pool and spa, BBQ area, recreation room, fitness center and an adjoining sauna with shower and restrooms. The Mission Villa Apartments provides a compelling value-add investment opportunity, with upside through both interior and common area renovations combined with mark-to-market benefit. While current ownership has maintained the asset well and renovated select units, the groundwork is laid to expand the unit modernization program to compete with nearby higher-end communities. Additional operational upside can be captured via loss to lease upside, contemporization of existing amenities, or conversion to add multiple additional rental units. Tenants benefit from proximity to the 11-mile Los Gatos Creek Trail, retail and restaurant options of The Pruneyard, Santana Row and Downtown Campbell, and world-class employers.
MLS #
ML82024500
MLS Source
MLSListings, Inc.
Days on Site
24
Appliances
Washer/Dryer
Laundry
Coin Operated
Cooling
Window/Wall Unit
Heating
Wall Furnace
Roof
Tile
Foundation
Concrete Perimeter
Pool
Community Facility
Style
Spanish
Garage/Parking
Assigned Spaces, Garage: 0 Car(s)
Elementary District
Campbell Union Elementary
High School District
Campbell Union High
Sewer
Public Sewer
Water
Public
Complex Amenities
Additional Storage, Barbecue Area, Billiard Room, Community Pool, Gym / Exercise Facility
Zoning
R3H
| # Buildings | # Leased Units | # Total Units | 
|---|---|---|
| 2 | 35 | 36 | 
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This | 
|---|---|---|---|---|---|---|
| 1 | 705 | 1 | 1/0 | $1,975 | $2,594 | 12 | 
| 2 | 850 | 2 | 2/0 | $2,225 | $2,913 | 22 | 
| 3 | 1,105 | 3 | 2/0 | $1,650 | $3,095 | 1 | 
| 4 | 1,225 | 4 | 2/0 | $3,350 | $3,350 | 1 | 
1299 Leigh Ave is a Residential Income in San Jose, CA 95126. This 30,851 square foot property sits on a 1.04 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $11,350,000 and was built in 1971. This address can also be written as 1299 Leigh Ave, San Jose, CA 95126.
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This listing information is up-to-date as of October 22, 2025. For the most current information, please contact Joel Hopman, (415) 722-2200