183 N 7th Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath

183 N 7th Street, San Jose, California 95112 home-pic-0
ACTIVE$1,199,888
183 N 7th Street, San Jose, California 95112
3Beds
2Baths
1,063Sqft
2,775Lot

Price Vs. Estimate

The estimated value ($1,033,690.32) is $166,197.68 (13%) lower than the list price ($1,199,888). This property may be overpriced.

Key pros and cons

Top Pros:
Income Potential & ADU: Features a detached 1-bed/1-bath ADU with its own kitchen, offering significant rental income potential (estimated $6,950/month total) and flexibility for extended family or guest quarters.
Top Cons:
Overpriced Relative to Market Value: The current listing price is 12% above the estimated property value, which may indicate an overvaluation and could deter potential buyers.

Compared to the nearby listings

Price:$1.20M vs avg $1.20M ($-56)50%
Size:1,063 sqft vs avg 1,414.5 sqft24%
Price/sqft:$1.1K vs avg $86389%

More Insights

Built in 1906 (119 years old).
Condition: Despite being built in 1906, this property has undergone an extensive and comprehensive renovation, described as 'beautifully remodeled' with 'new appliances, new flooring, and updated bath, all completed in October 2025' (implying very recent or imminent completion). The images confirm this, showcasing brand new, modern kitchens in both the main home and ADU with quartz counters, new stainless steel appliances, and contemporary cabinetry. Bathrooms are also fully updated with modern vanities, tiling, and fixtures. The property features new flooring throughout, recessed lighting, modern light fixtures, and significant infrastructure upgrades including seismic retrofitting, new electrical, plumbing, and a new water heater. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1906
Close
-
List price
$1.2M
Original List price
$889K
Price/Sqft
$1,129
HOA
-
Days on market
-
Sold On
-
MLS number
ML82023742
Home ConditionExcellent
Features
View-

About this home

Transparent Pricing! Welcome to this beautifully remodeled bungalow in the heart of San Jose, just a short walk to San Jose State. The main home features 2 bedrooms and 1 bath, showcasing quartz counters, new appliances, new flooring, and updated bath, all completed in October 2025. A detached 1-bed/1-bath ADU with its own kitchen offers incredible flexibility perfect for rental income, extended family, or guest quarters. The property has been seismically retrofitted and upgraded with a new water heater, updated electrical panels, new electrical and plumbing, and fresh interior and exterior paint. The basement offers exceptional potential: a written $80K bid is in place to finish it with 2 additional bedrooms and 1 bath, using the same contractor and matching finishes. Outdoors, enjoy newly landscaped front and back yards designed for low-maintenance living. With potential total rental income of approximately $6,950/month and proximity to SJSU, San Pedro Square, East Village, SAP Center, and major freeways, this property delivers modern comfort, income potential, and prime location in one!

Nearby schools

4/10
Horace Mann Elementary School
Public,K-50.2mi
2/10
Grant Elementary School
Public,K-50.7mi
3/10
Lowell Elementary School
Public,K-51.0mi
4/10
Empire Gardens Elementary School
Public,K-51.1mi
2/10
Selma Olinder Elementary School
Public,K-51.1mi
4/10
Washington Elementary School
Public,K-51.4mi
4/10
Gardner Elementary School
Public,K-51.5mi
4/10
Merritt Trace Elementary School
Public,K-52.3mi
4/10
Peter Burnett Middle School
Public,6-81.1mi
3/10
Herbert Hoover Middle School
Public,6-82.1mi
6/10
Orchard Elementary School
Public,K-83.3mi
5/10
Willow Glen Middle School
Public,6-83.5mi
3/10
San Jose High School
Public,9-121.0mi
5/10
Abraham Lincoln High School
Public,9-122.2mi
6/10
Independence High School
Public,9-122.3mi
6/10
Willow Glen High School
Public,9-123.5mi
Condition Rating
Excellent

Despite being built in 1906, this property has undergone an extensive and comprehensive renovation, described as 'beautifully remodeled' with 'new appliances, new flooring, and updated bath, all completed in October 2025' (implying very recent or imminent completion). The images confirm this, showcasing brand new, modern kitchens in both the main home and ADU with quartz counters, new stainless steel appliances, and contemporary cabinetry. Bathrooms are also fully updated with modern vanities, tiling, and fixtures. The property features new flooring throughout, recessed lighting, modern light fixtures, and significant infrastructure upgrades including seismic retrofitting, new electrical, plumbing, and a new water heater. All components appear new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons

Pros

Income Potential & ADU: Features a detached 1-bed/1-bath ADU with its own kitchen, offering significant rental income potential (estimated $6,950/month total) and flexibility for extended family or guest quarters.
Prime Location: Strategically located within walking distance to San Jose State and in close proximity to San Pedro Square, East Village, SAP Center, and major freeways, appealing to a wide range of occupants.
Extensive Modern Remodel: The main home has been beautifully remodeled with modern finishes including quartz counters, new appliances, new flooring, and an updated bath, providing contemporary comfort.
Major System Upgrades: Property has undergone significant infrastructure improvements, including seismic retrofitting, a new water heater, updated electrical panels, new electrical and plumbing, and fresh paint, ensuring long-term durability and safety.
Expansion Potential: The basement offers clear potential for an additional 2 bedrooms and 1 bath, with an $80K bid in place, allowing for future value appreciation and increased living space.

Cons

Overpriced Relative to Market Value: The current listing price is 12% above the estimated property value, which may indicate an overvaluation and could deter potential buyers.
Compact Living Space & Lot Size: With 1063 sqft for 3 beds/2 baths (including the ADU) and a small 2775 sqft lot, the property may feel restrictive for buyers seeking more spacious living areas or outdoor space.
Additional Investment Required for Expansion: While the basement offers expansion potential, it necessitates an additional $80,000 investment, which is a significant cost for the buyer post-purchase.

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