204 N 24th Street, San Jose, California 95116, San Jose, 95116 - 3 bed, 2 bath
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204 N 24th Street
San Jose, California 95116
ACTIVE
CONDITION: POOR
3Beds
2Baths
1,116Sq Ft
5,080Lot Size
Property Price
LIST PRICE$849,999
EST. MARKET VALUE
$812,290
4% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $849,999—positioned well below the $812,291 Fair Market Value by -4%. While the property requires significant capital investment due to its Fair Condition Rating and 1898 vintage infrastructure, the 5,080-square-foot lot offers substantial Development Potential for an ADU. Located near downtown San Jose, this asset provides a strategic entry point for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to modernize this historic structure.
Estimated Market Value
$812,290
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 |
|---|---|---|---|---|---|---|
★ 204 N 24th Street Subject 3 bd · 2 ba · 1,116 sqft · $728 | $849,999* List Price | 3 | 2 | 1,116 | $728 | - |
A 50 N 26th Street Active 2 bd · 1 ba · 972 sqft · $616 · 0.2 mi | $599,000 List Price | 2 | 1 | 972 | $616 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1898 and marketed as a 'contractor's dream' and 'AS-IS' property, this home shows significant signs of age despite cosmetic paint touch-ups. The kitchen is cramped and dated, and the basement access appears to have safety/structural concerns typical of a century-old home requiring a full rehab of major systems.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Pricing
Priced under $850,000 in the San Jose market, this property offers an accessible entry point for buyers or investors looking for a detached single-family home near the downtown core.
- Development Potential
The generous 5,080-square-foot lot provides ample space for a potential Accessory Dwelling Unit (ADU), while the basement bonus room offers additional flexible square footage.
- Prime Location
Situated close to downtown San Jose, the property benefits from high connectivity to major employment hubs, public transit, and urban amenities, enhancing its long-term appreciation potential.
CONSRISKS & DEFICIENCIES
- Significant Renovation Required
Marketed as a 'contractor's dream' in as-is condition, the home will require substantial capital investment and modernization to meet contemporary living standards.
- Historic Infrastructure Risks
Built in 1898, the property's age suggests potential challenges with legacy systems, including outdated electrical, plumbing, and foundation components typical of Victorian-era structures.
About 204 N 24th Street
This AS-IS property is a contractors dream offered under $1 million close to downtown! Welcome to 204 N. 24th Street, a San Jose property full of character and possibilities. Built in 1898, this ready to live in three-bedroom, one-and-a-half-bath home offers approximately 1,116 square feet of living space on an approximately 5,080-square-foot lot. A bonus room in the basement provides additional flexible space, while recent paint touch-ups and refreshed landscaping enhance its presentation. The large, open backyard offers room for entertaining, gardening, and potential ADU possibilities, subject to city approval and buyer verification. Bring your vision and creativity to unlock this property potential!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1898
- Lot Size
- 5,080 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,116 | 1,721.238 |
| Lot Size | 5,080 | 6,271.145 |
| Price | $850.0K | $1.67M |
| Price per sq ft | $762 | $972 |
| Built year | 1898 | 1965 |
| HOA | $0 | $190 |
| Days on market | 18 | 38 |
Pricing History
Listed for Sale
Oct 6, 2026
$849,999
Initial Listing