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1179 Mesa DriveSan Jose, CA 95118

For Sale

$1,588,000

Smart Buyer Rebate $15,880

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.

Listed by Will Riley

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License #02155155

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Magnify Real Estate

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916-548-6515

Listed by David Katz

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License #01971921

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Magnify Real Estate

Last updated July 29, 2026

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Source: MLSListings #ML82052089

Listing Facts

  • TypeMulti-family
  • NeighborhoodAlmaden
  • Days on Prevu38
  • HOA/Maint. Fees$390/
  • Taxes$21,628/year
  • Size3,364 sqft
  • Price per sqft$472

Amenities

  • Pets Allowed
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

07/20/2026
Price Decreased
$1,588,000
06/24/2026
Listed by Magnify Real Estate
$1,625,000

Property Details for 1179 Mesa Drive

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Fiberglass, Shingle
  • Stories: 2
  • Year Built: 1963
  • Year Built Details: 2

Features

  • Pool Features: Community Facility

Measurements

  • Building Area Total: 3,364
  • Lot Size Area: 7,130
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,130
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.39
  • Gross Income: $113,877.00
  • Operating Expense Includes: Insurance, Maintenance, Utilities, Vacancy Allowance

Taxes

  • Parcel Number: 567-52-031
  • Tax Annual Amount: $21,628.00

Interior

Features

  • Appliances: Washer/Dryer

Measurements

  • Living Area: 3,364

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Assigned Spaces, Carport
  • Parking Total: 3

Schools

Elementary School

  • Elementary School District: San Jose Unified

High School

  • High School District: San Jose Unified

Utilities

Equipment

  • Heating: Wall Furnace
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public, Individual Electric Meters, Individual Gas Meters
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1179 Mesa Drive.

Does this multi-family home have parking?

Yes, there are 3 parking spaces available for 1179 Mesa Drive.

What are the annual taxes for 1179 Mesa Drive?

Annual taxes for this multi-family home are estimated at $21,628.

How does 1179 Mesa Drive compare to other multi-family homes in Almaden?

This multi-family home is listed 5% below the average price for multi-family homes in Almaden and has been on the market for 9 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 3,364 sqft.

1179 Mesa Drive is a -bedroom multi-family home for sale in San Jose CA 95118. Listed on Prevu for 38 days at $1,588,000. This includes a recent price decrease of $37,000. This property features 3,364 square feet of living space, located in San Jose. The median listing price for multi-family homes in this area is $1,650,000. Property amenities include pets allowed, parking, and swimming pool. Browse more multi-family home listings in San Jose.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™️ MLS system. Real estate listings held by brokerage firms other than Prevu Real Estate are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 07/29/2026. 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. IDX display powered by Prevu Real Estate. Copyright 2026 MLSListings Inc. All rights reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.