
San Jose, California 95110
This triplex presents a High-Potential Investment Opportunity with a List Price of $1,348,000—positioned well below the $1,410,888 Fair Market Value by 4%. This valuation gap offers $62,888 in Instant Equity. Featuring a Condition Rating of 2, the property includes extensive capital improvements like seismic retrofitting and modern interiors. With a vacant unit ready for immediate leasing, this is a stable Residential Income asset ideal for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy in a high-demand market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1365 Vine Street Subject 0 bd · 0 ba · 2,231 sqft · $585 | $1,198,000* List Price | 0 | 0 | 2,231 | $585 | - |
A 1397 Vine Street Pending 0 bd · 0 ba · 1,468 sqft · $646 · 0.0 mi | $949,000 List Price | 0 | 0 | 1,468 | $646 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1900 build date, the property has undergone extensive recent renovations and major system upgrades. Key improvements include a 200-amp electrical service, copper plumbing, seismic retrofitting, foundation waterproofing, and a 2016 roof. The interiors are in mint, turnkey condition with modern quartz countertops, stainless steel appliances, LVP flooring, and dual-pane windows.
The property features significant structural and system upgrades including a seismic retrofit, owned solar, updated 200-amp electrical, and copper plumbing, significantly reducing immediate capital expenditure for investors.
All units boast contemporary finishes such as quartz countertops, stainless steel appliances, and LVP flooring, ensuring high tenant appeal and the ability to command market-rate rents immediately.
Located minutes from Downtown San Jose and major transit corridors, this triplex offers a vacant unit for immediate occupancy and strong long-term appreciation potential in a high-demand rental market.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2231, other record living area = 1826.
The inclusion of a basement unit (Unit 2) may present challenges regarding natural light and ceiling height, which could limit the rental premium compared to above-grade units.
With only three onsite parking spaces serving three separate units, parking availability may be a concern for multi-car households in this commuter-centric Silicon Valley location.
Incredible Triplex in amazing location! Extensively improved offering 3 separate units, 2 currently tenant-occupied and a vacant 3rd unit ready for immediate occupancy or market-rate leasing providing existing income. Unit 1 (Front): 2 bed/1 bath with private front yard and porch. Unit 2 (Basement): 2 bed/1 bath with separate kitchen, living and family rooms. Unit 3 (Rear): vacant 1 bed + office/possible 2nd bedroom, 1 bath with backyard/patio access. Major capital improvements include upgraded 200-amp electrical service, extensive rewiring, Type L copper plumbing, engineered & City-inspected seismic retrofit, owned solar, drainage/grading improvements, foundation waterproofing and roof replaced in 2016. Updated interiors feature quartz counters, cabinetry, stainless appliances, LVP flooring, recessed lighting & dual-pane windows. Approx. 3 onsite parking spaces + guest space, laundry & storage. Minutes to Downtown, SJC Airport, Hwys 87/280/680/101. Come look before it's sold!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,231 | 2,404.563 |
| Lot Size | 5,480 | 6,807.656 |
| Price | $1.20M | $1.42M |
| Price per sq ft | $537 | $613 |
| Built year | 1900 | 1962 |
| HOA | $0 | $0 |
| Days on market | 38 | 72 |
Oct 17, 2026
$1,198,000
$1,280,000
-6% Price Drop
Initial Listing
Oct 3, 2026
$1,280,000
$1,348,000
-5% Price Drop
Initial Listing
Sep 16, 2026
$1,348,000
Initial Listing
Nov 18, 2016
$630,000
Public Record
Sep 9, 2004
$500,000
Public Record
Jun 30, 2000
$329,000
Public Record
Dec 8, 1993
$106,500
Public Record