
San Jose, California 95112
This Victorian-style residence represents a High-Potential Investment Opportunity, listed at a List Price of $998,000—positioned slightly above the $981,397 Fair Market Value. While not a discount play, the property offers significant cash-flow stability, currently generating $8,000 in monthly rental income. Featuring a Condition Rating of 3, the home includes a private deck, a versatile three-level layout, and a fully built-out basement. This asset is perfectly suited for Buy-and-Hold Investors or multigenerational families seeking a high-demand location near SJSU and major employment hubs.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1090 S 7th Street Subject 4 bd · 2 ba · 1,070 sqft · $858 | $899,995* List Price | 4 | 2 | 1,070 | $858 | - |
A 951 S 9th Street Sold 2 bd · 1 ba · 1,316 sqft · $783 · 0.2 mi | $1,030,000 | 2 | 1 | 1,316 | $783 | 0.2 mi |
B 166 E Humboldt Street Sold 3 bd · 2 ba · 1,200 sqft · $792 · 0.2 mi | $950,000 | 3 | 2 | 1,200 | $792 | 0.2 mi |
C 912 S 3rd Street Active 3 bd · 1 ba · 1,072 sqft · $838 · 0.3 mi | $898,000 List Price | 3 | 1 | 1,072 | $838 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although originally built in 1901, the property has undergone significant renovations that appear to be within the 5-15 year range. The bathroom features modern stone countertops and updated fixtures, while the living areas show newer laminate flooring and clean paint. The exterior and systems appear well-maintained, and the home is fully functional and move-in ready.
The property currently generates approximately $8,000 per month in rental income, offering an exceptional cash-flow opportunity for investors in the competitive Downtown San Jose market.
With a private upstairs suite and a fully built-out basement featuring a separate entrance, the three-level floor plan provides maximum flexibility for multigenerational living or multiple rental streams.
Ideally situated near San Jose State University, City Hall, and major employment hubs, the property benefits from high tenant demand and excellent proximity to transit and dining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Built in 1901, this Victorian-era home likely requires specialized upkeep and potential modernization of aging systems to maintain its long-term value and safety.
The listed 1,070 square feet appears modest for a four-bedroom home across three levels, which may indicate that significant portions of the living area are not included in the official permitted square footage.
Rare opportunity in the heart of Downtown San Jose! This one-of-a-kind Victorian-style residence offers generous space, versatility, and income potential across three levels. Currently tenant-occupied and generating approximately $8,000 per month in rental income, the property is ideal for buyers seeking both space and existing income potential. The main level features an expansive living area, full kitchen, and indoor laundry. Upstairs, a private suite provides additional space and privacy, while the fully built-out basement with a separate entrance offers even more flexibility. With numerous rooms and multiple living areas, the home is well suited for multigenerational living, extended family, guests, or home offices. Fenced rear parking and dedicated storage add convenience. Ideally located near SJSU, City Hall, dining, shopping, transit, major employment centers, and freeway access. Buyer to independently verify rental income, occupancy, and rental potential. Dont miss this unique Downtown opportunityschedule your tour today!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,070 | 1,721.238 |
| Lot Size | 5,980 | 6,271.145 |
| Price | $900.0K | $1.67M |
| Price per sq ft | $841 | $972 |
| Built year | 1901 | 1965 |
| HOA | $0 | $190 |
| Days on market | 45 | 38 |
Sep 30, 2026
$899,995
$998,000
-10% Price Drop
Initial Listing
Sep 9, 2026
$998,000
Initial Listing
Mar 28, 2016
$555,000
Public Record