Bayarealty
Mixed-Use Investment Property
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Mixed-Use Investment Property

1657 Alum Rock Ave, San Jose, CA 95116

$999,000

2Beds
2Baths
1,176Sq Ft
Off-Street Parking
1928Built

About This Property

This unique mixed-use property offers two buildings for the price of one, situated on the bustling Alum Rock Avenue commercial corridor. The 2-bedroom, 2-bathroom residential unit spans 1,176 sq ft in the main structure, while a second building on the same 3,655 sq ft lot provides additional income-producing potential.

The property is zoned CG (Commercial General), allowing for a versatile range of uses including retail, office, medical, and residential — making it an exceptional investment opportunity. Both units are in good condition with month-to-month tenants currently in place.

The rear of the property accommodates parking for up to 6 cars with off-street parking available. Built in 1928, the property retains vintage character and charm while offering practical commercial advantages. Seller financing is available for qualified buyers.

Located on Alum Rock Avenue — a major commercial corridor with excellent bus transit service. Close to San Jose State University, downtown San Jose, and Roosevelt Park. The vibrant East San Jose community provides a strong tenant base for commercial or residential use.

Property Highlights

Property Type

Mixed Use

Year Built

1928

Parking

6 Car Spaces

Lot Size

3,655 sq ft

Zoning

CG Commercial

Income

Tenants in Place

Amenities & Features

Two Buildings on One Lot
CG Commercial Zoning
Month-to-Month Tenants
Parking for 6 Cars
Off-Street Parking
Seller Financing Available
Major Commercial Corridor
Vintage 1928 Character
Near Public Transit
Near Downtown San Jose
Dual Income Potential
Flexible Use Options

Estimated Payment

6.75% rate · 30-yr fixed · 20% down

$5,184

per month

Home Price$999,000
Down Payment$199,800
Loan Amount$799,200

Interested in This Property?

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BayaRealty

BayaRealty Team

Licensed Mortgage Advisors

What's Nearby

San Jose State University
1.5 mi
Roosevelt Park
0.5 mi
Downtown San Jose
2.0 mi
VTA Bus Routes
0.1 mi
San Jose City College
2.0 mi
Regional Medical Center
1.0 mi

Location

Estimated Payment

6.75% rate · 30-yr fixed · 20% down

$5,184

per month

Home Price$999,000
Down Payment$199,800
Loan Amount$799,200

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