
San Jose, California 95112
This downtown studio represents a Strong Value Opportunity, listed at $424,900—positioned well below the $402,510 Fair Market Value by -5%. While the property is priced slightly above the current estimation, its Condition Rating of 3 ensures a move-in ready state featuring Granite Countertops and In-Unit Laundry. Located in the heart of Silicon Valley, this unit offers high walkability to urban amenities. It serves as a stable, low-maintenance asset for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the downtown market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 125 Patterson Street 121 Subject 0 bd · 1 ba · 710 sqft · $567 | $424,900* List Price | 0 | 1 | 710 | $567 | - |
A 144 S 3rd Street 321 Sold 1 bd · 1 ba · 936 sqft · $507 · 0.6 mi | $475,000 | 1 | 1 | 936 | $507 | 0.6 mi |
B 1060 S 3rd Street 339 Active 1 bd · 1 ba · 667 sqft · $521 · 0.4 mi | $347,800 List Price | 1 | 1 | 667 | $521 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this 18-year-old property is well-maintained and move-in ready, fitting the 10-20 year criteria. The kitchen and bathroom feature functional granite countertops and clean cabinetry, while the laminate flooring and overall interior appear to be in solid, functional condition without immediate need for major repairs.
Situated in the heart of Downtown San Jose, the property offers exceptional walkability to San Pedro Square, diverse dining, and entertainment, making it ideal for urban professionals.
The unit boasts contemporary finishes including granite countertops, laminate flooring, and the high-demand convenience of in-unit laundry.
Listed at $424,900, the property is priced significantly below its 2022 sale price of $473,000, offering an attractive entry point or investment opportunity in Silicon Valley.
The studio configuration lacks a private bedroom, which may limit the property's appeal to a specific demographic and reduce long-term flexibility for growing households.
The assigned public schools have relatively low ratings (ranging from 3 to 5), which could impact future resale value and appeal to families.
Experience urban living in the heart of Downtown San Jose! This ground-floor studio condominium offers a bright, open floor plan with laminate flooring throughout. The modern kitchen features granite countertops and abundant cabinet space, while the convenience of in-unit laundry adds to the home's functionality. Additional highlights include one assigned space in the secured underground parking garage and access to a private community courtyard. Enjoy secured building access and a downtown location just minutes from San Pedro Square, dining, shopping, entertainment, and major commuter routes. Unit 121 offers an excellent opportunity to own in the heart of Silicon Valley. Discover the convenience of downtown living!
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 2.4 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 710 | 1,090.036 |
| Lot Size | - | 1,343.164 |
| Price | $424.9K | $635.7K |
| Price per sq ft | $598 | $614 |
| Built year | 2006 | 1988 |
| HOA | $500.0 | $602 |
| Days on market | 16 | 58 |
Oct 8, 2026
$424,900
Initial Listing
Nov 23, 2022
$473,000
Public Record
Nov 30, 2007
$310,000
Public Record