1290 Leigh Avenue

San Jose, CA 95126

$2,200,000
Price
Beds
Baths
5,100 Sq. Ft.
$431 / Sq. Ft.
5,100
Sq. Ft.
$431
per Sq. Ft.

Description

Exceptional Multi-Unit Investment Opportunity! This unique 5 unit property features unparalleled versatility, making it ideal for investors or owner-occupants seeking additional income. The main unit, a remodeled spacious 2,300 sq. ft. home, features 4 bd, 2.5 ba, and a private backyard. Recently renovated, it offers fresh interior paint, new laminate flooring on the 1st floor & plush carpeting on the stairs & 2nd floor. The huge family room is enhanced with recessed lighting, while the modern kitchen...Exceptional Multi-Unit Investment Opportunity! This unique 5 unit property features unparalleled versatility, making it ideal for investors or owner-occupants seeking additional income. The main unit, a remodeled spacious 2,300 sq. ft. home, features 4 bd, 2.5 ba, and a private backyard. Recently renovated, it offers fresh interior paint, new laminate flooring on the 1st floor & plush carpeting on the stairs & 2nd floor. The huge family room is enhanced with recessed lighting, while the modern kitchen boasts updated quartz countertops, sleek new cabinets, new SS appliances & natural light streaming through sliding doors. A gorgeous guest bathroom upstairs further elevates the home's appeal. The property also includes FOUR 1bd, 1ba units, each approx 800 sf, with separate meters, a shared courtyard & access to a community laundry facility. Each unit offers its own covered parking spot, providing added convenience for tenants. Whether you choose to live in the main unit while generating rental income from the additional units or lease all units to maximize your investment, this property offers incredible potential. Conveniently located near schools, shopping, dining, and entertainment, it's a rare opportunity to own a versatile, income-producing asset. Schedule your showing today!

Listing Agents

  1. Brian Bonafede

    Brian Bonafede

    Listing Agent

    Compass

    DRE #01190142

  2. Dina Bonafede

    Dina Bonafede

    Listing Agent

    Compass

    DRE #01189516

    dina.bonafede@compass.com

    P: (408)-891-2495

Property Details for 1290 Leigh Avenue

MLS City Name
SAN JOSE
Building Type
Other
Garage Spaces
2
Parking Spaces
0
Cross Street
Stokes St
LISTING UPDATED: 01/27/2025 03:07 PM

Property Details for 1290 Leigh Avenue

StatusActive
MLS #ML81991752
Days on Compass20
Taxes$25,380 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1963
Lot Size0.25 AC / 11,000 SF
CountySanta Clara County
Buyer's Agent Compensation2.5%

Building Information for 1290 Leigh Avenue

Stories-Residences-Year Built1963Building Size-Lot Size0.25 AC / 11,000 SF

Property Information for 1290 Leigh Avenue

Features
External Links
Features
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Laundry: Coin Operated
  • Living SqFt: 5100
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: Central AC, Window / Wall Unit
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 5
Garage
  • Garage and Parking: Carport, Detached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Central San Jose
  • Restrictions: None
  • Roof: Composition
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 1290
  • Street Name: Leigh
  • Street Suffix: Avenue
  • Area ID: 9
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 5100
  • Structure SqFt Source: Assessor
  • Age: 62
Development Information
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Parcel Number: 284-27-001
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95126
  • Elementary School: 49
  • Elementary School District: 454
  • High School District Text: Campbell Union High
Lot Information
  • Foundation: Concrete Perimeter and Slab
  • Lot Acres: .25
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 4
General Information
  • Annual Tax Amount: $25,380
  • Capitalization Rate: 3.25
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Income Includes: None
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $2,230
  • Expense Landscape: $1,200
  • Expense Maintenance: $1,800
  • Expense Management: $0
  • Expense Trash: $2,565
  • Expenses Other: $0
  • Expenses Utility: $1,400
  • Expenses Total: $34,575
  • Operating Expenses Include: Insurance, Maintenance - Laundry, Services - Gardener, Utilities, Utilities - Water
  • Gross Rent Multiplier: 20.75
  • Income Annual Gross: $106,000
  • Income Annual Rental: $106,000
  • Income Gross Scheduled: $106,000
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 3
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 4
  • Unit 1 Rent: $5,000
Unit 2 Information
  • Unit 2 Approx Square Footage: 800
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $700
Unit Type 1
  • Unit Type1 Approx SqFt: 2300

Property History for 1290 Leigh Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1290 Leigh Avenue

Taxable ValueLand$1,227,069Additions$669,310Total$1,896,379
Tax Record2024$27,946 ($2,329 / month)
Home Facts
Total Finished SqFt5,100 SqFtAbove Grade Finished SqFt5,100 SqFtStories2Lot Size11,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1963ZoningRMCountySANTA CLARAAPN284-27-001Fireplace TypeHas Fireplace

Schools near 1290 Leigh Avenue

This home is within Campbell Union School District.
Rating
School
Type
Grades
Distance
Charter - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Blackford Elementary School
CharterK to 5

Monroe Middle School
Charter6 to 8

Del Mar High School
Public9 to 12

Campbell Distance Learning
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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1290 Leigh Avenue is for sale in San Jose, CA 95126. This property was listed for sale on January 27, 2025 by Compass, it's currently listed at $2,200,000. It has been on the market for a total of 20 days and was last sold on March 14, 2018. This listing's school districts are Campbell Union School District, Campbell Union High School District. Nearby schools include Blackford Elementary School, Monroe Middle School and Del Mar High School. 1290 Leigh Avenue is a 0-bed, 0-bath, 5,100 sqft built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Brian Bonafede, DRE #01190142; Compass, Dina Bonafede, DRE #01189516

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.