140 E Reed Street 4, San Jose, California 95112, San Jose, 95112 - 2 bed, 1 bath
ACTIVE$374,337
140 E Reed Street 4, San Jose, California 95112
2Beds
1Bath
1,100Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Urban Location: Situated in the heart of downtown San Jose, offering a highly walkable urban lifestyle with convenient access to city amenities.
Top Cons:
Restrictive Buyer Qualifications: The property is subject to strict Habitat for Humanity Low Income Requirements and is exclusively for first-time homebuyers, significantly narrowing the potential buyer pool.
Compared to the nearby listings
Price:$374.3K vs avg $642.5K ($-268,163)6%
Size:1,100 sqft vs avg 1,276 sqft39%
Price/sqft:$340 vs avg $5436%
More Insights
Built in 1910 (115 years old).
Condition: Despite the 1910 build year, the property has undergone a complete and extensive renovation, as explicitly stated in the description and visually confirmed by the images. The interior features new mechanical systems, updated electrical, new flooring throughout, and fully modernized kitchen and bathroom upgrades. The kitchen boasts new white shaker cabinets, stainless steel appliances, and a subway tile backsplash. The bathroom features a new vanity, fixtures, and tub/shower. All visible components appear virtually new, reflecting current quality standards and design trends, with no signs of deferred maintenance.
Year Built
1910
Close
-
List price
$374K
Original List price
$374K
Price/Sqft
$340
HOA
$500
Days on market
-
Sold On
-
MLS number
ML82028733
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 extensive renovation, as explicitly stated in the description and visually confirmed by the images. The interior features new mechanical systems, updated electrical, new flooring throughout, and fully modernized kitchen and bathroom upgrades. The kitchen boasts new white shaker cabinets, stainless steel appliances, and a subway tile backsplash. The bathroom features a new vanity, fixtures, and tub/shower. All visible components appear virtually new, reflecting current quality standards and design trends, with no signs of deferred maintenance.
Pros & Cons
Pros
Prime Urban Location: Situated in the heart of downtown San Jose, offering a highly walkable urban lifestyle with convenient access to city amenities.
Modernized Interior: The condo boasts a completely renovated interior, featuring new mechanical systems, updated electrical, flooring, kitchen, and bathroom upgrades, providing a turnkey living experience.
Accessible Price Point: Listed at an exceptionally competitive price for San Jose, making homeownership more attainable for eligible buyers.
Historic Charm & Modern Comforts: Seamlessly blends the timeless character of a 1910 building exterior with modern conveniences like central A/C and in-unit laundry.
First-Time Homebuyer Program: Offers a unique and exclusive opportunity for first-time homebuyers who meet specific low-income requirements, facilitating entry into the housing market.
Cons
Restrictive Buyer Qualifications: The property is subject to strict Habitat for Humanity Low Income Requirements and is exclusively for first-time homebuyers, significantly narrowing the potential buyer pool.
High Monthly HOA Fee: A $500 monthly association fee is substantial and could be a financial burden, particularly for buyers meeting low-income criteria.
Limited Resale Market: The specific buyer restrictions, while beneficial for initial purchase, may pose challenges and limit the market for future resale.