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1595 Pomona Ave

6,350 SF 72% Leased Industrial Building San Jose, CA 95110 $2,450,000 ($386/SF) 5.63% Cap Rate

Investment Highlights

  • Mixed used
  • 3,000 sqft of additional warehouse
  • 3,350 sqft warehouse
  • Income generating duplex

Executive Summary

Seller Financing Possible: Investment or user opportunity. This property come with a Duplex unit and a Warehouse with extra income potential. Minutes from Downtown San Jose and short distance from major employment sites such as, Facebook, Amazon, Google. Just minutes to many shopping Centers, great restaurants, and entertainment. Easy access to Highway 101, and public transportation!

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $166,800 $26.27
Other Income - -
Vacancy Loss $5,004 $0.79
Effective Gross Income $161,796 $25.48
Taxes $13,567 $2.14
Operating Expenses $10,200 $1.61
Total Expenses $23,767 $3.74
Net Operating Income $138,029 $21.74

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $166,800
Annual Per SF $26.27
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual $5,004
Annual Per SF $0.79
Effective Gross Income
Annual $161,796
Annual Per SF $25.48
Taxes
Annual $13,567
Annual Per SF $2.14
Operating Expenses
Annual $10,200
Annual Per SF $1.61
Total Expenses
Annual $23,767
Annual Per SF $3.74
Net Operating Income
Annual $138,029
Annual Per SF $21.74

Property Facts

Price $2,450,000
Price Per SF $386
Sale Type Investment or Owner User
Cap Rate 5.63%
Sale Conditions Bulk/Portfolio Sale
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Manufacturing
  • Industrial Service
  • Office Office Residential
Building Class C
Lot Size 0.37 AC
Rentable Building Area 6,350 SF
No. Stories 1
Year Built 1903

Amenities

  • 24 Hour Access
  • Fenced Lot
  • Yard

Utilities

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code R1 (Zoning change might be required depending on user needs. Currently Residential, *Commercial)
R1 (Zoning change might be required depending on user needs. Currently Residential, *Commercial)
  • Listing ID: 31523353

  • Date on Market: 4/16/2024

  • Last Updated:

  • Address: 1595 Pomona Ave, San Jose, CA 95110

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