183 Rainier Street, San Jose, California 95126, San Jose, 95126 - 3 bed, 3 bath
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San Jose, California 95126
This Single Family Residence is a Strong Value Opportunity, listed at $1,188,888—positioned slightly above the $1,152,573 Fair Market Value. While the property is priced at market, it maintains a Good Condition Rating with significant recent upgrades, including a brand-new roof and fresh paint. The unfinished basement with a permitted bathroom offers exceptional ADU conversion potential. Located minutes from the SAP Center and Downtown San Jose, this home is an ideal fit for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready property with long-term growth potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 183 Rainier Street Subject | $1,188,888* List Price | 3 | 3 | 884 | $1,304 | - |
A 1052 Luther Avenue Sold | $1,115,000 | 3 | 1 | 1,066 | $1,046 | 0.1 mi |
B 1149 Singletary Avenue Sold | $1,300,000 | 2 | 2 | 1,120 | $1,161 | 0.7 mi |
C 504 Hannah Street Active | $999,000 List Price | 2 | 2 | 993 | $1,006 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with significant recent updates including a brand new roof, new stainless steel appliances, and fresh interior/exterior paint. While the kitchen and bathroom finishes (granite, marble, and cabinetry) appear to be from a renovation roughly 10-15 years ago, the overall condition and recent maintenance of major systems align with the 'Good' category.
The property features a brand-new roof on both the main house and garage, along with fresh interior and exterior paint, significantly reducing immediate post-purchase capital expenditures for the buyer.
The unfinished basement/bonus room includes a permitted full bathroom, offering a clear and valuable opportunity to create an Accessory Dwelling Unit (ADU) for rental income or multi-generational living.
Situated in the heart of San Jose near the SAP Center, Downtown, and the airport, this home provides exceptional accessibility to major employment hubs, dining, and transportation.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4557, other record lot size in square feet = 4832.
At only 884 square feet for a 3-bedroom, 3-bathroom configuration, the living spaces are likely very compact, which may not meet the needs of buyers seeking a more spacious or open layout.
Built in 1900, the home's age may present underlying maintenance challenges or the need for future structural, electrical, or plumbing updates common in historic properties.
Come see this charming white picket fenced residence, where timeless curb appeal greets you with rose bushes and a classically crafted glass door entrance. Approx. 4,557 sq ft lot featuring a long, wide driveway, an unfinished basement / bonus room that includes an additional permitted full bathroom. Exterior walls and deck were newly painted within the last year. Interior walls have also been freshly painted. Full roof replacements for main home and garage was completed this year. You'll find upgrades throughout the home from Bamboo flooring, Granite countertops, and marble tiled walls, counters and floors in the kitchen and bathrooms. All rooms receive lots of sunlight through the large double paned windows as well as from the recessed lighting placed throughout. Your open concept kitchen will have granite countertops, a new stainless steel dishwasher, refrigerator, microwave and gas range. The washer/dryer is located before the basement entrance. The bonus room was left to your imagination and it definitely has the potential to be an ADU! See virtual concept photos. The backyard has plenty of space for gardening, relaxing and enjoying the sun on the deck. Minutes from SAP Center, Downtown San Jose, San Jose Airport and many local restaurants and convenience stores.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 884 | 1,683.5 |
| Lot Size | 4,557 | 6,300 |
| Price | $1.19M | $1.70M |
| Price per sq ft | $1.3K | $1000 |
| Built year | 1900 | 1966 |
| HOA | $0 | $160 |
| Days on market | 14 | 35 |
Jul 8, 2026
$1,188,888
Initial Listing
Oct 8, 2014
$539,000
Public Record
Jun 9, 2009
$320,000
Public Record
Feb 4, 2005
$430,000
Public Record