1060 S 3rd Street 148, San Jose, California 95112, San Jose, 95112 - 2 bed, 2 bath
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San Jose, California 95112
This Modern Urban Condominium represents a Strong Value Opportunity, listed at $499,995—positioned well below the $545,000 Fair Market Value by 8%. This valuation gap, coupled with a $10,000 homebuyer assistance incentive, secures $45,005 in Instant Equity for the buyer. Boasting a Good Condition Rating, the residence features a Granite Kitchen, Private Patio, and resort-style amenities including a Community Pool and gym. Located in the San Jose Unified district near SJSU and major transit, it perfectly balances lifestyle convenience with financial upside. This is an ideal acquisition for First-Time Buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1060 S 3rd Street 148 Subject | $499,500* List Price | 2 | 2 | 1,000 | $500 | - |
A 1060 S 3rd Street 129 Sold | $545,000 | 2 | 2 | 1,000 | $545 | 0.0 mi |
B 1060 S 3rd Street 311 Sold | $375,000 | 1 | 1 | 667 | $562 | 0.1 mi |
C 384 S 11th Street Sold | $578,000 | 2 | 3 | 1,050 | $550 | 0.9 mi |
D 1060 S 3rd Street 307 Pending | $499,000 List Price | 2 | 2 | 1,100 | $454 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 19 years old, fitting the 10-20 year 'Good' criteria. The kitchen and bathrooms are well-maintained with functional granite countertops and stainless steel appliances. The unit appears move-in ready with no immediate maintenance visible in the photos.
The property qualifies for a Homebuyer Assistance Program offering $10,000 for closing costs and a no-interest forgivable loan, providing a substantial financial advantage for eligible buyers.
Ideally situated near Downtown San Jose, SJSU, and major transit hubs like Caltrain and VTA, this location offers exceptional convenience for commuters and urban professionals.
Residents enjoy a robust suite of on-site facilities, including a fitness center, pool, billiards room, and secure underground parking with two dedicated spaces, enhancing the overall lifestyle value.
The $807 monthly association fee is relatively high for a 1,000 sqft unit, which may impact buyer affordability and long-term carrying costs.
As a first-floor unit facing the central courtyard, the property may experience increased foot traffic noise and reduced privacy compared to units on higher levels.
Quiet location at back of complex with easy access to garage stairs and two dedicated parking spots. This first floor unit has a private patio that looks over the central courtyard area.The laundry/utility room is connected to the kitchen. The complex has a secure entrance/underground parking,community pool, billiards room, conference rooms, fitness room,& common area kitchen. Just a short distance to Downtown SJ restaurants, bars, and entertainment venues (sports, museums, galleries, SJSU). Easy access to major freeways and public transportation (Caltrain and VTA @ Tamien) and it's a short drive to San Jose airport (SJC). Everything you need is right here. New park being built with estimated completion early 2028 at Keyes and Third. Seller moving to SFR. This is a GREAT PRICE! Homebuyer Assistance Program: qualified buyers receive $10,000 for closing costs, rate buy-down &/or down payment! This no-interest, no-payment, private forgivable loan is only available in eligible areas like this condo (and buyers can make up to $292,800 or even $390,400 if they're "first generation" homebuyers)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,000 | 988 |
| Lot Size | - | 1,550 |
| Price | $499.5K | $671.0K |
| Price per sq ft | $500 | $625 |
| Built year | 2005 | 1985 |
| HOA | $807.0 | $586 |
| Days on market | 152 | 48 |
May 18, 2026
$499,500
$499,995
+0% Price Increase
Initial Listing
Mar 17, 2026
$499,995
$545,000
-8% Price Drop
Initial Listing
Feb 21, 2026
$545,000
Initial Listing