Sold for $2,167,500 on 02/29/24
$2,167,500
South 2nd, San Jose, CA 95112
--beds
--baths
4,998sqft
Five Or More Units, Residential Income
Built in 1898
-- sqft lot
$2,196,400 Zestimate®
$434/sqft
$2,308 Estimated rent
Home value
$2,196,400
$1.93M - $2.50M
$2,308/mo
Zestimate® history
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Owner options
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What's special
Located in a quiet part of Downtown San Jose, the subject property offers well maintained one-bedroom, two-bedroom, and four-bedroom floor plans. It consists of a detached four-bedroom/two-bathroom home (est. 1,400 square feet, currently rented as an Airbnb), a separate six-unit Victorian apartment building with three one-bedroom/one-bathroom and three two-bedroom/one bathroom units, a basement Art Studio (potential ADU conversion), and three two-car garages. The three, two-car garages (on a separate parcel) are currently rented out at $275 per month (estimated to be below market) as storage units, providing ownership with additional monthly income. A new owner could also rent out the Art Studio and several storage units located in the basement, further increasing the property's monthly cash flow and value. Both buildings have been renovated from 2019 to 2023. SELLER FINANCING 85% LTV
Zillow last checked: 8 hours ago
Listing updated: December 21, 2024 at 01:16am
Listed by:
Michael Henshaw 01134592 650-269-6453,
Marcus & Millichap 650-391-1700
Bought with:
Louis Kwok, 01980615
Kidder Mathews
Source: MLSListings Inc,MLS#: ML81919603
Facts & features
Interior
Kitchen
- Features: Countertop_Tile
Heating
- Wall Furnace
Cooling
- Ceiling Fan(s)
Appliances
- Included: Washer/Dryer
Features
- Flooring: Carpet, Concrete, Hardwood, Laminate, Tile
Interior area
- Total structure area: 4,998
- Total interior livable area: 4,998 sqft
Property
Parking
- Total spaces: 5
- Parking features: Common, Detached
- Garage spaces: 3
- Has carport: Yes
Accessibility
- Accessibility features: Parking
Lot
- Size: 10,018 sqft
Details
- Parcel number: 47217055
- Zoning: CN
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Five Or More Units, Residential Income
Materials
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- Year built: 1898
Utilities & green energy
- Gas: IndividualGasMeters
- Water: Public
- Utilities for property: Water Public
Community & neighborhood
Location
- Region: San Jose
Other
Other facts
- Listing agreement: ExclusiveRightToSell
Price history
| Date | Event | Price |
|---|---|---|
| 2/29/2024 | Sold | $2,167,500$434/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 5/10Horace Mann Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Muwekma Ohlone MiddleGrades: 6-8Distance: 1.2 mi
- 5/10San Jose High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- District: SanJoseUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$2,196,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,196,400


