CA
Santa Clara
SAN JOSE
95126
994 The Alameda
994 The Alameda, SAN JOSE, CA 95126
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Listing Type
Multi Family
Listing Status
Active
16
$3,895,000

Home Details for 994 The Alameda

Price
$3,895,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
9148
Year built
1924
County
Santa Clara
Garage
Days on site
10
MLS Listing#
ML82032579
Listed By: Jefrey Henderson, Broker - 408-453-7461
Listed By: Jefrey Henderson
Property Description

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.

Property Features
  • Heating Information
    • Forced Air
    • Wall Furnace
    • Other
  • Cooling Information
    • Other
  • Water Features
    • Public
  • Parking
    • Other
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-02-19 13:50:28
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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