Investment Overview

The Zurich Group Marcus & Millichap is pleased to present 1235 Leigh Avenue, an 18-unit apartment community located just outside of the highly desirable Willow Glen neighborhood of San Jose, California. Built in 1963, the property is situated on a spacious 0.43-acre lot and offers 12,112 square feet of rentable living space, providing investors with a rare combination of scale, land, and long-term value in a premier infill location. The property features a well-balanced unit mix of four (4) Studio units, ten (10) 1-Bedroom x 1-Bathroom units, two (2) 2-Bedroom x 1-Bathroom units, and two (2) 2-Bedroom x 1.5-Bathroom units, appealing to a wide range of tenants including professionals, families, and students. There is an on-site laundry facility which provides additional income while enhancing overall tenant convenience. The subject property benefits from excellent proximity to a variety of educational institutions, including Blackford Elementary School just 0.2 miles away, Del Mar High School approximately 0.5 miles away, and San Jose City College only 1.1 miles away, making the location particularly attractive to households seeking access to quality schools and higher education. Residents enjoy convenient access to some of the South Bay’s most popular shopping, dining, and entertainment destinations. The Pruneyard Shopping Center in Campbell, located roughly 1.3 miles away, offers a vibrant mix of restaurants, retail, and entertainment. Downtown Willow Glen, just 1.8 miles from the property, is known for its charming tree-lined streets, boutique shops, cafés, and local dining favorites that consistently draw strong tenant demand. The location is also ideal for commuters, with the Bascom Light Rail Station only 0.5 miles away, providing seamless public transportation throughout Silicon Valley. In addition, the property offers excellent access to Interstate 280 and California State Route 17, allowing for efficient travel to major employment centers across San Jose and the greater South Bay. Overall, 1235 Leigh Avenue represents a compelling opportunity to acquire a well-located multifamily asset in the heart of the South Bay, supported by strong rental fundamentals, exceptional connectivity, and proximity to top schools and lifestyle amenities.