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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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    $2,308/mo

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    $13,650/mo

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    $13,650/mo

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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#: ML81919603MLS Logo

    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

    DateEventPrice
    2/29/2024Sold$2,167,500$434/sqft
    Source: MLSListings Inc #ML81919603

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    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