144 S 3rd Street 609, San Jose, California 95112, San Jose, 95112 - 2 bed, 2 bath
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144 S 3rd Street 609
San Jose, California 95112
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,421Sq Ft
0Lot Size
Property Price
LIST PRICE$787,000
EST. MARKET VALUE
$720,426
9% AboveMARKET VALUE
SUMMARY
This 1,421 sq. ft. Condominium is a High-Potential Investment Opportunity, listed at $845,000—positioned well above the $757,185 Fair Market Value by -11%. While priced above market, the property offers a Condition Rating of 4, featuring a gas-burning fireplace, 2-car side-by-side garage, and panoramic city skyline views. Seller incentives, including five months of covered HOA fees and included furniture, mitigate initial costs. This unit is best suited for Buy-and-Hold Investors or Owner-Occupants prioritizing downtown convenience and premium parking over school district ratings.
Estimated Market Value
$720,426
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 144 S 3rd Street 609 Subject 2 bd · 2 ba · 1,421 sqft · $507 | $787,000* List Price | 2 | 2 | 1,421 | $507 | - |
A 144 S 3rd Street 509 Sold 2 bd · 2 ba · 1,421 sqft · $450 · 0.0 mi | $640,000 | 2 | 2 | 1,421 | $450 | 0.0 mi |
B 144 S 3rd Street 103 Sold 2 bd · 3 ba · 1,727 sqft · $521 · 0.0 mi | $900,000 | 2 | 3 | 1,727 | $521 | 0.0 mi |
C 130 E San Fernando Street 408 Sold 2 bd · 2 ba · 1,622 sqft · $428 · 0.1 mi | $695,000 | 2 | 2 | 1,622 | $428 | 0.1 mi |
D 125 Patterson Street 127 Sold 1 bd · 2 ba · 1,397 sqft · $429 · 0.6 mi | $599,999 | 1 | 2 | 1,397 | $429 | 0.6 mi |
E 30 E Julian St 203 Sold 2 bd · 2 ba · 1,271 sqft · $590 · 0.6 mi | $750,000 | 2 | 2 | 1,271 | $590 | 0.6 mi |
F 30 E Julian Street 208 Sold 2 bd · 2 ba · 1,271 sqft · $602 · 0.6 mi | $765,000 | 2 | 2 | 1,271 | $602 | 0.6 mi |
G 400 N 1st Street 111 Sold 1 bd · 2 ba · 1,113 sqft · $526 · 0.7 mi | $585,000 | 1 | 2 | 1,113 | $526 | 0.7 mi |
H 147 S 4th Street Active 2 bd · 3 ba · 1,611 sqft · $419 · 0.0 mi | $675,000 List Price | 2 | 3 | 1,611 | $419 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1996, this 30-year-old property features functional but dated interiors. The kitchen and bathrooms retain older cabinetry and tile work consistent with the original construction or an aged renovation. While systems like central AC are present and the unit is move-in ready, it requires cosmetic updates to meet modern 'Good' or 'Excellent' standards.
PROSSTRENGTHS & OPPORTUNITIES
- Significant Seller Incentives
The seller is offering to cover the first five months of HOA fees and including most furniture in the sale, providing substantial upfront value and reducing immediate move-in costs.
- Spacious Layout and Premium Parking
With 1,421 sq. ft. of living space and a rare 2-car side-by-side garage, this unit offers a level of size and parking convenience seldom found in downtown condominium living.
- Modern Climate Comforts
The inclusion of central air conditioning, forced air heating, and a gas-burning fireplace ensures a comfortable and cozy living environment throughout the year.
CONSRISKS & DEFICIENCIES
- High Monthly Carrying Costs
The monthly HOA fee of $1,083 is notably high, which may impact buyer affordability and long-term carrying costs despite the initial seller credit.
- Underwhelming School Ratings
The property is served by schools with lower to average ratings, specifically a 3/10 for the middle school, which may be a concern for education-focused families.
About 144 S 3rd Street 609
PRICED TO MOVE!!! Enjoy spacious sixth -floor living at Paseo Plaza in Downtown San Jose. This 1,421 square foot home offers two bedroom and two bathrooms, high ceilings, large windows, a gas fireplace, central A/C and in unit laundry. Two side by side assigned garage spaces next to elevator make downtown living easier. Community amenities include a pool, spa, landscaped courtyards and fitness center. Close to San Jose State University, dinning, arts and transits. Come see the space and convenience for yourself. Seller may consider a contribution toward the first five months of HOA dues and including furnishing with an acceptable offer. Furniture are excluded from sale are desk chair, wooden carved chair and antique bookcase!!!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1083.0 / Month
Neighborhood Insights
San Jose Unified Schools
Horace Mann Elementary School
Grades K-5 • 0.4 mi
4/10
Herbert Hoover Middle School
Grades 6-8 • 2.0 mi
3/10
Abraham Lincoln High School
Grades 9-12 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,421 | 1,090.036 |
| Lot Size | - | 1,343.164 |
| Price | $787.0K | $635.7K |
| Price per sq ft | $554 | $614 |
| Built year | 1996 | 1988 |
| HOA | $1083.0 | $602 |
| Days on market | 107 | 58 |
Pricing History
Listed for Sale
Oct 10, 2026
$787,000
$845,000
-7% Price Drop
Initial Listing
Price Change
Jul 9, 2026
$845,000
Initial Listing
Sold
Apr 30, 2008
$613,000
Public Record
Sold
Jan 6, 2005
$557,500
Public Record
Sold
Apr 4, 2003
$525,000
Public Record
Sold
Dec 20, 1995
$275,500
Public Record