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Arcadia Square 1011 Leigh Ave 12 Unité Immeuble d’appartements 5 124 167 $ CAD (427 014 $ CAD/Unité) 5,35% Taux de capitalisation San Jose, CA 95128



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Select units have been recently updated with newer kitchen cabinets, countertops and appliances.
- Great location, one block away from VTA Fruitdale station, and close proximity to Santana Row and The Pruneyard.
- On-site laundry, uncovered parking, individual garages (for select units) and gated entry.
RÉSUMÉ DE L'ANNONCE
Step into this well-maintained 12-unit apartment complex situated in one of San Jose’s most desirable and transit-friendly pockets. Located at 1011 Leigh Ave, this two-story building features an attractive mix of (9) 1-bedroom/1-bath units and (3) studio units, offering strong renter appeal and consistent occupancy, currently 100% occupied.
Residents benefit from a variety of onsite conveniences, including nine (9) designated uncovered parking spaces, one (1) tuck-under parking stall, and three (3) individual garages and an on-site laundry room equipped with two leased WASH washer/dryer sets provides additional income potential and everyday convenience for tenants.
The property features a crawl space/concrete perimeter foundation and is configured with five units on the first floor and seven units on the second. Electrical systems vary slightly by unit, with most subpanels upgraded to Square D. The building is serviced by two water heaters.
Many units have received thoughtful updates over time, including modernized kitchens with refreshed cabinets and countertops, newer laminate or vinyl flooring, and updated appliances and bathroom finishes, enhancing both rentability and long-term asset positioning.
1011 Leigh Ave enjoys a prime central location near some of San Jose’s most vibrant destinations. Residents are just minutes from Downtown Willow Glen, known for its boutique shopping, dining, and entertainment offerings. Santana Row and Valley Fair are a short drive away, providing access to high-end retail, restaurants, and nightlife.
For commuters, the property is exceptionally well-situated: the VTA Fruitdale Station is a brief walk, offering direct routes to Campbell, Downtown San Jose, Santa Clara, and even Levi’s Stadium. This connectivity makes it an appealing option for professionals throughout the South Bay.
Residents benefit from a variety of onsite conveniences, including nine (9) designated uncovered parking spaces, one (1) tuck-under parking stall, and three (3) individual garages and an on-site laundry room equipped with two leased WASH washer/dryer sets provides additional income potential and everyday convenience for tenants.
The property features a crawl space/concrete perimeter foundation and is configured with five units on the first floor and seven units on the second. Electrical systems vary slightly by unit, with most subpanels upgraded to Square D. The building is serviced by two water heaters.
Many units have received thoughtful updates over time, including modernized kitchens with refreshed cabinets and countertops, newer laminate or vinyl flooring, and updated appliances and bathroom finishes, enhancing both rentability and long-term asset positioning.
1011 Leigh Ave enjoys a prime central location near some of San Jose’s most vibrant destinations. Residents are just minutes from Downtown Willow Glen, known for its boutique shopping, dining, and entertainment offerings. Santana Row and Valley Fair are a short drive away, providing access to high-end retail, restaurants, and nightlife.
For commuters, the property is exceptionally well-situated: the VTA Fruitdale Station is a brief walk, offering direct routes to Campbell, Downtown San Jose, Santa Clara, and even Levi’s Stadium. This connectivity makes it an appealing option for professionals throughout the South Bay.
BILAN FINANCIER (RÉEL - 2024) |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
414 354 $
|
65,98 $
|
| Autres revenus |
4 781 $
|
0,76 $
|
| Perte due à l’inoccupation |
12 431 $
|
1,98 $
|
| Revenu brut effectif |
406 704 $
|
64,76 $
|
| Taxes |
62 171 $
|
9,90 $
|
| Dépenses d’exploitation |
70 236 $
|
11,18 $
|
| Total des dépenses |
132 407 $
|
21,08 $
|
| Revenu net d’exploitation |
274 297 $
|
43,68 $
|
BILAN FINANCIER (RÉEL - 2024)
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | 414 354 $ |
| Annuel par pi² | 65,98 $ |
| Autres revenus (CAD) | |
|---|---|
| Annuel | 4 781 $ |
| Annuel par pi² | 0,76 $ |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | 12 431 $ |
| Annuel par pi² | 1,98 $ |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | 406 704 $ |
| Annuel par pi² | 64,76 $ |
| Taxes (CAD) | |
|---|---|
| Annuel | 62 171 $ |
| Annuel par pi² | 9,90 $ |
| Dépenses d’exploitation (CAD) | |
|---|---|
| Annuel | 70 236 $ |
| Annuel par pi² | 11,18 $ |
| Total des dépenses (CAD) | |
|---|---|
| Annuel | 132 407 $ |
| Annuel par pi² | 21,08 $ |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | 274 297 $ |
| Annuel par pi² | 43,68 $ |
FAITS SUR LA PROPRIÉTÉ
| Prix | 5 124 167 $ CAD | Style d’appartement | De faible hauteur |
| Prix par unité | 427 014 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,24 AC |
| Taux de capitalisation | 5,35% | Taille du bâtiment | 6 280 pi² |
| Multiplicateur du loyer brut | 12.37 | Occupation moyenne | 100% |
| Nombre d’unités | 12 | Nombre d’étages | 2 |
| Type de propriété | Immeuble residentiel | Année de construction | 1960 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 2,23/1 000 pi² |
| Zonage | R3 | ||
| Prix | 5 124 167 $ CAD |
| Prix par unité | 427 014 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 5,35% |
| Multiplicateur du loyer brut | 12.37 |
| Nombre d’unités | 12 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Taille du lot | 0,24 AC |
| Taille du bâtiment | 6 280 pi² |
| Occupation moyenne | 100% |
| Nombre d’étages | 2 |
| Année de construction | 1960 |
| Ratio de stationnement | 2,23/1 000 pi² |
| Zonage | R3 |
COMMODITÉS
COMMODITÉS DES UNITÉS
- Ventilateurs de plafond
- Réfrigérateur
- Fourchette
COMMODITÉS DU SITE
- Accès 24 heures
- Installations de lessive
- Clôturé
UNITÉ RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE D’UNITÉS | LOYER MOYEN/MOIS | pi² |
|---|---|---|---|
| 1+1 | 9 | 2 971 $ CAD | - |
| Studios | 3 | 2 593 $ CAD | - |
1 1
Bike Score®
Très cyclable (79)
Impôts fonciers
| Numéro de lot | 282-34-009 | Évaluation totale | 2 960 533 $ CAD (2025) |
| Évaluation du terrain | 995 423 $ CAD (2025) | Impôts annuels | 62 171 $ CAD (9,90 $ CAD/pi²) |
| Évaluation des bâtiments | 1 965 110 $ CAD (2025) | Année d’imposition | 2024 |
Impôts fonciers
Numéro de lot
282-34-009
Évaluation du terrain
995 423 $ CAD (2025)
Évaluation des bâtiments
1 965 110 $ CAD (2025)
Évaluation totale
2 960 533 $ CAD (2025)
Impôts annuels
62 171 $ CAD (9,90 $ CAD/pi²)
Année d’imposition
2024
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Arcadia Square | 1011 Leigh Ave
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