1154 S 8th Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath

1154 S 8th Street, San Jose, California 95112 home-pic-0
ACTIVE$948,888$1,450/sqft
Est. Value: $1,016,486
7%
BelowEstimate
1154 S 8th Street, San Jose, California 95112
3Beds
2Baths
1,450Sqft
6,348Lot

Price Vs. Estimate

The estimated value ($1,016,486.415) is $67,598.415 (7%) higher than the list price ($948,888). This property may be underpriced.

Key pros and cons

Top Pros:
Income-Generating Potential: The property includes a basement ADU with 2 bedrooms and 1 bathroom, explicitly ideal for extended family or generating rental income, significantly enhancing its value and flexibility.
Top Cons:
Age of Core Infrastructure: Despite extensive cosmetic updates, the property was built in 1910, suggesting potential for original or aging major systems (e.g., plumbing, electrical, HVAC) that may not have been fully replaced and could require future investment.

Compared to the nearby listings

Price:$948.9K vs avg $1.15M ($-201,112)24%
Size:1,450 sqft vs avg 1,424 sqft54%
Price/sqft:$654 vs avg $84524%

More Insights

Built in 1910 (116 years old).
Condition: The main residence has undergone extensive recent renovations, featuring brand new vinyl flooring, freshly painted interiors/exteriors, a modern kitchen with new stainless steel appliances and granite countertops, and recently remodeled bathrooms with contemporary fixtures. This portion of the home is in excellent, move-in ready condition. However, the basement ADU, while clean and functional, presents an older style kitchen with white appliances and more traditional bathroom tiling. This slight discrepancy in renovation quality and style for the ADU prevents the entire property from being classified as 'Excellent' where all components are virtually new and meet current quality standards. Overall, the property is in good, move-in ready condition with no immediate renovations required.
Year Built
1910
Close
-
List price
$949K
Original List price
$949K
Price/Sqft
$654
HOA
-
Days on market
-
Sold On
-
MLS number
ML82031414
Home ConditionGood
Features
Deck
Patio
View-

About this home

Exquisitely updated home in the heart of Downtown San Jose! This open and spacious floor plan features soaring 12-foot ceilings and offers 3 bedrooms and 2 full bathrooms, plus a basement ADU with 2 bedrooms and 1 bathroom. Ideal for extended family or rental income. Recent upgrades include freshly painted interior and exterior, brand new vinyl flooring throughout, freshly painted kitchen cabinets, newer granite countertops, and brand new stainless steel appliances including a gas range, microwave hood, and dishwasher. Bathrooms have been recently remodeled with tile walls and flooring, new vanities, and updated fixtures. Situated on a generous R2-zoned lot, the property features a side driveway that extends through the lot, providing ample parking for multiple or oversized vehicles. The placement of the existing home allows for a sizable backyard with endless potential. Add a garage, detached ADU, or expand the main residence. Unbeatable central location just minutes from SJSU, Spartan Stadium, Tech CU Arena, SAP Center, and a wide variety of dining, shopping, and entertainment. Quick access to major freeways make any commute quick and easy.

L
Lizzeth Flores
Listing Agent

Price History

Date
Event
Price
07/31/97
Sold
$190,000
06/19/15
Sold
$489,000
Condition Rating
Good

The main residence has undergone extensive recent renovations, featuring brand new vinyl flooring, freshly painted interiors/exteriors, a modern kitchen with new stainless steel appliances and granite countertops, and recently remodeled bathrooms with contemporary fixtures. This portion of the home is in excellent, move-in ready condition. However, the basement ADU, while clean and functional, presents an older style kitchen with white appliances and more traditional bathroom tiling. This slight discrepancy in renovation quality and style for the ADU prevents the entire property from being classified as 'Excellent' where all components are virtually new and meet current quality standards. Overall, the property is in good, move-in ready condition with no immediate renovations required.
Pros & Cons

Pros

Income-Generating Potential: The property includes a basement ADU with 2 bedrooms and 1 bathroom, explicitly ideal for extended family or generating rental income, significantly enhancing its value and flexibility.
Extensive Recent Renovations: The home has been 'exquisitely updated' with freshly painted interior/exterior, brand new vinyl flooring, updated kitchen (cabinets, granite, new stainless steel appliances), and recently remodeled bathrooms, minimizing immediate buyer expenses.
Prime Downtown San Jose Location: Boasts an 'unbeatable central location' minutes from major attractions like SJSU, Spartan Stadium, Tech CU Arena, SAP Center, and offers quick access to major freeways, appealing to a wide range of buyers.
Development Potential & R2 Zoning: Situated on a generous R2-zoned lot with a sizable backyard, offering 'endless potential' for adding a garage, detached ADU, or expanding the main residence, providing future value and customization options.
Ample Parking & Spacious Interior: Features a side driveway extending through the lot for ample parking of multiple or oversized vehicles, complemented by an open and spacious floor plan with soaring 12-foot ceilings in the main residence.

Cons

Age of Core Infrastructure: Despite extensive cosmetic updates, the property was built in 1910, suggesting potential for original or aging major systems (e.g., plumbing, electrical, HVAC) that may not have been fully replaced and could require future investment.
Undeveloped Backyard: While offering 'endless potential,' the description implies the backyard is a blank canvas, meaning a new owner will need to invest significant time and resources into landscaping and outdoor living development.
Basement ADU Specifics: As a basement unit, the ADU may inherently have limitations regarding natural light or ceiling height compared to above-ground units, and could present common challenges associated with older basements not detailed in the listing.
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