140 E Reed Street 1, San Jose, California 95112, San Jose, 95112 - 2 bed, 1 bath

140 E Reed Street 1, San Jose, California 95112 home-pic-0
ACTIVE$517,767
140 E Reed Street 1, San Jose, California 95112
2Beds
1Bath
1,100Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Comprehensive Modern Renovation: The interior has undergone a complete modernization, including new mechanical systems, plumbing, electrical, flooring, updated kitchen, and bathroom, ensuring a move-in ready condition with central A/C and energy-efficient systems.
Top Cons:
Strict Buyer Eligibility: The requirement for buyers to meet Habitat for Humanity Low Income Requirements and be first-time homebuyers severely restricts the potential buyer pool, limiting market reach.

Compared to the nearby listings

Price:$517.8K vs avg $642.5K ($-124,733)17%
Size:1,100 sqft vs avg 1,276 sqft39%
Price/sqft:$471 vs avg $54328%

More Insights

Built in 1910 (115 years old).
Condition: Despite the 1910 build year, the property has undergone a complete and recent renovation, as explicitly stated and visually confirmed. The interior features new mechanical systems, plumbing, electrical, flooring, and fully updated kitchen and bathroom. The kitchen showcases new light wood cabinetry, modern countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is equally modern with a new vanity, black fixtures, and new tiling. All visible components appear virtually new and meet current quality standards, indicating an extensive renovation within the last 5 years.
Year Built
1910
Close
-
List price
$518K
Original List price
$518K
Price/Sqft
$471
HOA
$500
Days on market
-
Sold On
-
MLS number
ML82028720
Home ConditionExcellent
Features
Patio
View-

About this home

Downtown San Jose Charm Meets Modern Living, Welcome to this spacious and stylish 2-bedroom, 1-bath condo nestled in the heart of downtown San Jose. While the building's exterior showcases the timeless character of its 1910 construction, the interior offers a completely renovated and modernized living space. Inside, you'll find 1,100 sq. ft. of comfort featuring: New mechanical systems and plumbing, Updated electrical panel and fixtures, New flooring throughout, Updated kitchen and bathroom upgrades, In-unit laundry, Central A/C and energy-efficient systems. Enjoy the added perks of private storage, a shared patio area, and bike storage, all in a walkable urban location. This condo is a perfect blend of historic charm and modern functionality. Buyers must meet Habitat for Humanity Low Income Requirements and are exclusively for first-time homebuyers.

Condition Rating
Excellent

Despite the 1910 build year, the property has undergone a complete and recent renovation, as explicitly stated and visually confirmed. The interior features new mechanical systems, plumbing, electrical, flooring, and fully updated kitchen and bathroom. The kitchen showcases new light wood cabinetry, modern countertops, subway tile backsplash, and new stainless steel appliances. The bathroom is equally modern with a new vanity, black fixtures, and new tiling. All visible components appear virtually new and meet current quality standards, indicating an extensive renovation within the last 5 years.
Pros & Cons

Pros

Comprehensive Modern Renovation: The interior has undergone a complete modernization, including new mechanical systems, plumbing, electrical, flooring, updated kitchen, and bathroom, ensuring a move-in ready condition with central A/C and energy-efficient systems.
Prime Downtown Location: Situated in the heart of downtown San Jose, offering excellent walkability and convenient access to urban amenities, dining, and entertainment.
Historic Charm with Contemporary Comforts: The property beautifully blends the timeless character of its 1910 construction with a fully updated, modern interior, providing a unique aesthetic appeal.
In-Unit Laundry: The convenience of in-unit laundry adds significant value and modern living appeal, a highly sought-after feature in condominium living.
Generous Living Space: At 1,100 sq. ft., this 2-bedroom condo offers a spacious layout, which is often a premium in urban condominium markets.

Cons

Strict Buyer Eligibility: The requirement for buyers to meet Habitat for Humanity Low Income Requirements and be first-time homebuyers severely restricts the potential buyer pool, limiting market reach.
High Monthly Association Fee: A $500 monthly association fee is substantial and could be a deterrent, particularly for buyers with low-income requirements, impacting affordability.
Single Bathroom: The property features only one bathroom, which may be a limitation for some buyers, particularly those with families or who prefer more facilities in a 2-bedroom unit.

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