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Under contract
  • Price cut: $37K (7/20)
    $1,588,000

    1179 Mesa Dr, San Jose, CA 95118

    8beds
    4baths
    3,364sqft
    : 
    $10,538/mo
    Get pre-qualified
    Quadruplex, Residential Income
    Built in 1963
    -- sqft lot
    $1,541,200 Zestimate®
    $472/sqft
    $390/mo HOA

    What's special

    1179 Mesa Dr is a 4-unit investment opportunity located in a desirable San Jose neighborhood. This 4plex features a unit mix of spacious 2-bedroom/1-bathroom floorplans. A standout feature of this asset is that one unit is newly remodeled, presenting a unique opportunity for an owner-occupant buyer to move right in, or for an investor to instantly maximize cash flow by placing a tenant at full market rent. The property features functional layout designs where each unit enjoys its own private balcony or yard space. Residents benefit from dedicated covered carport parking and comfortable amenities that heavily support long-term tenant retention. Strategically located just blocks from Almaden Plaza and Whole Foods, 1179 Mesa Dr offers tenants a highly convenient lifestyle surrounded by a wide range of premier retail, dining, and everyday conveniences. The property's excellent location features easy access to major corridors like Almaden Expressway and Highway 85, providing a seamless commute to major Silicon Valley tech hubs and making this a prime acquisition for buyers seeking the perfect balance of current income, flexibility, and long-term appreciation.
    54 days
    |
    519
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Will Riley 02155155 916-548-6515,

    Magnify Real Estate 877-776-7718,

    David Katz 01971921 408-438-0585,

    Magnify Real Estate

    Source: MLSListings Inc,MLS#: ML82052089MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Wall Furnace
      Cooling
      • None
      Appliances
      • Included: Washer/Dryer
      Features
      • Doors: None
      Interior area
      • Total structure area: 3,364
      • Total interior livable area: 3,364 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Assigned, Carport
      • Carport spaces: 4
      Accessibility
      • Accessibility features: None
      Features
      • Stories: 2
      • Pool features: Community
      Lot
      • Size: 7,130 Square Feet
      Details
      • Parcel number: 56752031
      • Zoning: R3H
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex, Residential Income
      Materials
      • Foundation: Crawl Space, Wood Frame
      • Roof: Fiberglass, Shingle
      Condition
      • Year built: 1963

      Utilities & green energy

      • Gas: IndividualGasMeters, PublicUtilities
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Public Utilities, Water Public, Individual Electric Meters, Individual Gas Meters

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $390 monthly
      Location
      • Region: San Jose

      Financial & listing details

      • Price per square foot: $472/sqft
      • Tax assessed value: $1,613,210
      • Annual tax amount: $21,628
      • Date on market: 6/24/2026
      • Listing agreement: ExclusiveRightToSell
      • Inclusions: Building, Land, OvenRangeAllUnits
      • Lease term: Month To Month

        Estimated market value

        $1,541,200

        $1.46M - $1.62M

        $3,032/mo

        Price history

        DateEventPrice
        8/12/2026Contingent$1,588,000$472/sqft
        Source: MLSListings Inc #ML82052089 Report a problem
        7/20/2026Price change$1,588,000-2.3%$472/sqft
        Source: MLSListings Inc #ML82052089 Report a problem
        6/24/2026Listed for sale$1,625,000+16.9%$483/sqft
        Source: MLSListings Inc #ML82052089 Report a problem
        11/17/2017Sold$1,390,000+52.7%$413/sqft
        Source: Public Record Report a problem
        1/29/2014Sold$910,000+69.9%$271/sqft
        Source: Public Record Report a problem
        7/28/2010Sold$535,500-26.1%$159/sqft
        Source: Public Record Report a problem
        3/1/2004Sold$725,000+150.9%$216/sqft
        Source: Public Record Report a problem
        2/20/1997Sold$289,000$86/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,613,210 +2%
        2025$21,167 +6.4%$1,581,579 +2%
        2024$19,895 +2%$1,550,568 +2%
        2023$19,497 +0.7%$1,520,166 +2%
        2022$19,357 +2%$1,490,359 +2%
        2021$18,976 +1.6%$1,461,137 +1%
        2020$18,672 $1,446,156 +2%
        2019$18,672 +2.9%$1,417,800 +2%
        2018$18,148 $1,390,000 +44.6%
        2017$18,148 +37.4%$961,180 +2%
        2016$13,207 +2.7%$942,335 +1.5%
        2015$12,858 +37.4%$928,181 +43.2%
        2014$9,360 $647,976 +0.5%
        2013-- $645,048 +9.5%
        2012-- $589,000 -5%
        2011-- $620,000 -22.4%
        2010-- $798,558 -0.2%
        2009-- $800,456 +2%
        2008-- $784,762 +2%
        2007-- $769,375 +2%
        2006-- $754,290 +2%
        2005-- $739,500 +104.2%
        2004-- $362,063 +1.9%
        2003-- $355,428 +2%
        2002-- $348,459 +2%
        2001-- $341,627
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Almaden Valley

        Getting around

        81 / 100
        Very Walkable
        34 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: SanJoseUnified

        Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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