144 S 3rd Street 508, San Jose, California 95112, San Jose, 95112 - 1 bed, 1 bath
144 S 3rd Street 508
San Jose, California 95112
Property Price
SUMMARY
Analysis of 144 S 3rd Street 508, San Jose, California 95112 is currently available with a list price of $590,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1996, this condo is move-in ready with no immediate renovations required. The kitchen and bathroom have been extensively updated with modern finishes, including stainless steel appliances, granite/quartz countertops, subway tile backsplash, a contemporary bathroom vanity with dual sinks, and an updated shower/tub with a glass enclosure. While the carpet in the living areas and bedrooms is clean and well-maintained, it is not new. The HOA has also recently updated major building systems, contributing to the overall good condition of the property, despite the potential absence of central air conditioning.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Downtown Location
Centrally located in the heart of downtown San Jose, offering immediate access to cultural attractions, dining, entertainment, educational institutions, and parks.
- Extensive Community Amenities
The secure complex boasts a pool, spa, large fitness room, social lounge, and two spacious courtyards, significantly enhancing resident lifestyle and property value.
- Excellent Transportation & Commuter Access
Provides easy access to major highways (I-280, 87), Mineta International Airport, Cal-Train, and Light Rail, making it ideal for commuters and travelers.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $938 monthly association fee is substantial and could significantly impact affordability and long-term ownership costs for a 1-bedroom unit.
- Potential for Dated Interior Finishes
While functional, the kitchen's 'painted cabinets' and the 1996 build year suggest other interior finishes may not be fully modernized, potentially requiring future updates to meet contemporary tastes.
- Absence of Central Air Conditioning
The property description does not mention a cooling system, which could be a significant drawback during warmer months in San Jose, impacting comfort.
About 144 S 3rd Street 508
Great Location and Beautiful ! Bright 1 bedroom /1 bath condo, centrally located in the heart of downtown San Jose. Spacious living and bathroom, cozy dining area with a gas fireplace. The bedroom sliding door gives access to the balcony with courtside view. A full bathroom with dual sinks and a separate shower and tub. There is a large walk-in closet and in-unit laundry. Kitchen has painted cabinets, a stainless refrigerator and a nook area. There is one underground secure parking space. The HOA recently replaced the roof, water conditioning system and boilers, and upgraded the garage gates and elevators. The secure complex features a pool, spa, large fitness room, social lounge and 2 spacious courtyards. Centrally located close to university, theaters, MLK Library, Caesar Chavez Park, San Pedro Square, Center for Performing Arts, great restaurants and simple eateries. Easy access to highways I-280 and 87, and the Mineta International Airport. Cal-Train and Light Rail also close by.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $938.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 1.0 | 2.0 | 19% |
| Square foot | 998 | 1,178 | 24% |
| Lot Size | - | - | 50% |
| Price | $590.0K | $635.0K | 29% |
| Price per sq ft | $591 | $560 | 71% |
| Built year | 1996 | 1997 | 43% |
| HOA | $938.0 | $758 | 71% |
| Days on market | 254 | 155 | 81% |
Pricing History
Listed for Sale
Jun 26, 2025
$590,000
Initial Listing