
San Jose, California 95112
Analysis of 140 E Reed Street 4, San Jose, California 95112 is currently available with a list price of $374,337. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
Despite the 1910 build year, the property has been completely and extensively renovated, as stated in the description and confirmed by the images. It features new mechanical systems, plumbing, electrical, central A/C, and energy-efficient systems. The kitchen is fully updated with new light wood shaker cabinets, modern subway tile backsplash, white countertops, and new stainless steel appliances. The bathroom showcases a stylish new vanity with modern black fixtures and tile flooring. New wood-look laminate flooring is installed throughout the living areas and bedrooms. All components appear virtually new, meeting current quality standards with no deferred maintenance.
The interior has been completely renovated with new mechanical systems, plumbing, electrical, flooring, kitchen, and bathroom upgrades, offering a move-in ready modern living space.
Equipped with central A/C and energy-efficient systems, providing enhanced comfort and potentially lower utility costs, a significant upgrade for a building of its age.
Nestled in the heart of downtown San Jose, offering a highly walkable urban lifestyle with convenient access to amenities, entertainment, and public transportation.
The property is exclusively for first-time homebuyers who meet Habitat for Humanity Low Income Requirements, severely limiting the potential buyer pool.
A monthly association fee of $500 is substantial for a 2-bedroom condo, adding a significant recurring cost to homeownership.
Due to the specific buyer restrictions, the property's future resale market and potential for appreciation may be constrained compared to unrestricted properties.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 1,100 | 1,100 | 50% |
| Lot Size | - | - | 50% |
| Price | $374.3K | $635.0K | 11% |
| Price per sq ft | $340 | $557 | 5% |
| Built year | 1910 | 1998 | 5% |
| HOA | $500.0 | $690 | 16% |
| Days on market | 140 | 141 | 47% |
Dec 3, 2025
$374,337
Initial Listing