2138 E San Antonio Street, San Jose, California 95116, San Jose, 95116 - 4 bed, 2 bath
ACTIVE$1,518,888
2138 E San Antonio Street, San Jose, California 95116
4Beds
2Baths
2,627Sqft
12,600Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12600, living area = 2627.
Top Cons:
Property Age: Built in 1945, the property is likely to require significant updates, maintenance, and potential replacement of older systems (e.g., plumbing, electrical, HVAC), incurring additional costs.
Compared to the nearby listings
Price:$1.52M vs avg $1.05M (+$465,888)92%
Size:2,627 sqft vs avg 1,505 sqft96%
Price/sqft:$578 vs avg $72124%
More Insights
Built in 1945 (80 years old).
Condition: Built in 1945, this property is significantly aged. The provided images are exclusively exterior shots, offering no insight into the condition, style, or features of the kitchen, bathrooms, or other interior spaces. The property analysis explicitly notes 'Property Age' as a weakness, stating it's 'likely to require significant updates, maintenance, and potential replacement of older systems (e.g., plumbing, electrical, HVAC).' Without any evidence of recent extensive renovations to these critical areas or systems, and given the age, it's highly probable that the property requires substantial repairs and rehabilitation to meet current quality and safety standards, aligning with a 'poor' condition.
Year Built
1945
Close
-
List price
$1.52M
Original List price
$1.6M
Price/Sqft
$578
HOA
-
Days on market
-
Sold On
-
MLS number
ML82005309
Home ConditionPoor
Features
Patio
View-
About this home
Welcome to an Investment opportunity at 2138 E San Antonio Street - Live in the Main Home and then rent out the 2 units - 3 separate structures, all rentable and all rented. This large, flat lot of 12,600 sq ft has abundant possibilities for the new owner. Close to downtown San Jose, Capitol Expressway and the brand-new BART Station, Hwy 680, 280, 101 and Alum Rock Ave. Located in an area of downtown that continues to grow and redefine itself for the future of San Jose. Don't miss out on this opportunity! Make this your next home!
Condition Rating
Poor
Built in 1945, this property is significantly aged. The provided images are exclusively exterior shots, offering no insight into the condition, style, or features of the kitchen, bathrooms, or other interior spaces. The property analysis explicitly notes 'Property Age' as a weakness, stating it's 'likely to require significant updates, maintenance, and potential replacement of older systems (e.g., plumbing, electrical, HVAC).' Without any evidence of recent extensive renovations to these critical areas or systems, and given the age, it's highly probable that the property requires substantial repairs and rehabilitation to meet current quality and safety standards, aligning with a 'poor' condition.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12600, living area = 2627.
Income-Generating Asset: The property features three separate structures, all currently rented, offering immediate and substantial rental income potential for investors or owner-occupants.
Strategic Location: Situated near downtown San Jose, major freeways (680, 280, 101), Capitol Expressway, and a new BART station, ensuring excellent connectivity and convenience.
Significant Lot Size: A large, flat 12,600 sq ft lot provides ample space for potential expansion, additional dwelling units (ADUs), or extensive landscaping.
Growth Area Potential: Located in a redeveloping downtown San Jose area, indicating strong prospects for future property value appreciation and neighborhood revitalization.
Immediate Cash Flow: All units are currently rented, providing instant cash flow and reducing vacancy risk for the new owner.
Cons
Property Age: Built in 1945, the property is likely to require significant updates, maintenance, and potential replacement of older systems (e.g., plumbing, electrical, HVAC), incurring additional costs.
Zoning/Permit Ambiguity: Listed as a 'Single Family Residence' despite having '3 separate structures, all rentable,' suggesting potential unpermitted units or complex zoning issues that require thorough due diligence.
Price Reduction History: Multiple price reductions from the original listing price may indicate initial overpricing or underlying challenges affecting market appeal, potentially signaling a longer time on market.