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1182 LeighSan Jose, CA 95126

For Sale

$1,899,999

Smart Buyer Rebate $19,000

Welcome to a rare turnkey investment in the heart of San Jose. This fully renovated 4 plex spans approximately 3,500 square foot and sits on a large 7,159 square foot lot, offering excellent income potential, long term upside, and minimal maintenance from day one.

All four units have been recently upgraded with modern finishes and durable, low maintenance flooring, creating clean, attractive living spaces that appeal to quality tenants. Each unit is currently rented at market rates, ensuring immediate cash flow.

The property is SB721 compliant, with permits and inspections fully approved by the City of San Jose, saving you time and future capital expense. Additional features include coin operated laundry with Shine Pay, generating passive income, and a towing contract to ensure parking remains reserved for tenants, a rare and valuable amenity in this area.

Located near major freeways, shopping centers, public transit, and tech employers, this asset offers exceptional tenant demand and long term appreciation. With a strong CAP rate, stable occupancy, and pride of ownership condition, this is the kind of multifamily opportunity investors wait for and it wont last long.

Listed by Dominic Gluhaich

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License #02092371

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Sterling Ventures

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408-710-4538

Last updated July 16, 2025

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Source: MLSListings #ML82014766

Listing Facts

  • TypeMulti-family
  • NeighborhoodBarbera-Stokes
  • Days on Prevu53
  • Taxes$21,375/year
  • Size3,500 sqft
  • Price per sqft$543

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

07/16/2025
Listed by Sterling Ventures
$1,899,999

Property Details for 1182 Leigh

Exterior

Construction

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

Measurements

  • Building Area Total: 3,500
  • Lot Size Acres: 0.16
  • Lot Size Area: 7,159
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 7,159
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 5.44
  • Gross Income: $132,289.00
  • Operating Expense Includes: Maintenance

Taxes

  • Parcel Number: 284-27-010
  • Tax Annual Amount: $21,375.00

Interior

Features

  • Appliances: Washer/Dryer

Measurements

  • Living Area: 3,500

Other

Features

  • Accessibility Features: Grab Bars, Parking

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Assigned Spaces, On Street, Tandem Parking
  • Parking Total: 8

Schools

Elementary School

  • Elementary School: Blackford Elementary
  • Elementary School District: Campbell Union Elementary

High School

  • High School: Del Mar High
  • High School District: Campbell Union High

Middle or Junior School

  • Middle Or Junior School: Monroe Middle

Utilities

Equipment

  • Cooling: Ceiling Fan, Window/Wall Unit
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated
  • Sewer: Public Sewer
  • Utilities: Public Utilities, Water - Public
  • Water Source: Public

Based on information from MLSListings™️ and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

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.