Home | Santa Clara County | San Jose | 95126 | 994 the Alameda
MLS: ML82032579 | Status: | Price: $3,895,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 9,148 | 10,454 | 1924 |
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.
| Field | Value |
|---|---|
| MLS # | ML82032579 |
| MLS Source | MLSListings, Inc. |
| Feature | Details |
|---|---|
| Cooling | Other |
| Heating | Forced Air, Other, Wall Furnace |
| Feature | Details |
|---|---|
| Roof | Flat |
| Foundation | Slab |
| Feature | Details |
|---|---|
| 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 |
Jefrey Henderson
Jefrey Henderson, Broker
License #: 01483399
Phone: (408) 893-8063
| # 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 |
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 22 S 10th St | $4,000,000 | – | – | 5,420 | |
| 1011 Leigh Ave | $3,450,000 | – | – | 6,280 | |
| 859-879 Villa Ave | $3,895,000 | – | – | 7,808 | |
| 642 S 7th St | $4,595,000 | – | – | 12,325 |
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This listing information is up-to-date as of February 19, 2026. For the most current information, please contact Jefrey Henderson, (408) 893-8063.