220 N 17th Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
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San Jose, California 95112
This property presents a High-Potential Investment Opportunity with a List Price of $1,125,000—positioned well above the $950,042 Fair Market Value by -18%. While the pricing reflects a premium, the R2 Zoning and versatile basement/garage conversion potential offer significant upside for forced appreciation. With a Condition Rating of 5, the home requires substantial structural and permit-related updates. This is a strategic acquisition for Buy-and-Hold Investors or Contractors capable of navigating the renovation requirements to maximize long-term rental income.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 220 N 17th Street Subject | $1,125,000* List Price | 3 | 2 | 1,176 | $808 | - |
A 617 N 14th Street Sold | $825,000 | 3 | 1 | 1,066 | $774 | 0.7 mi |
B 656 N 16th Street Sold | $1,135,000 | 2 | 2 | 1,578 | $719 | 0.7 mi |
C 775 E Saint John Street Active Under Contract | $799,000 List Price | 2 | 1 | 1,059 | $754 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1900 with no record of recent comprehensive renovations. The listing highlights 'modern potential' and mentions an unfinished basement and garage conversion with unknown permits, indicating significant rehab is required to address safety and structural compliance.
The R2 zoning in a high-demand San Jose market offers significant upside for investors or homeowners looking to add a second unit or expand the existing footprint.
Ideally situated near Downtown San Jose, SJSU, and the proposed Google campus, the property benefits from excellent proximity to major transit and employment hubs.
The inclusion of a large basement and a detached 2-car garage with conversion potential provides a unique opportunity to significantly increase living area or rental income.
The basement and garage conversion have unknown permit status and remain unfinished, which may lead to costly retrofitting or legal challenges to meet city codes.
Originally built in 1900, the property likely requires substantial updates to its core systems and structural elements to align with modern safety and efficiency standards.
Experience the perfect blend of classic charm and modern potential at 220 N 17th St San Jose 3 bathroom , 2 bathroom single family home features 1,176 sq. ft. of living space and a versatile basement area Ideal for additional living space, recreational or storage basement has unfinish bathroom plenty of space for living area, permits unknown, set in generous 4,250 sq.ft. lot built on a wood construction and a detached 2 car garage un finish conversion to a living area, Enjoy the convenience of a vibrant neighborhood close to Downtown San Jose and SJSU. the propose Google campus and all the mayor transit options, the R2 zoning provides in san Jose Market showing strong demand medium sold prices around 1.2M and homes selling quickly this is a rear opportunity to own a home with extra basement living space don't miss if it wont last
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,176 | 1,683.5 |
| Lot Size | 4,250 | 6,300 |
| Price | $1.12M | $1.70M |
| Price per sq ft | $957 | $1000 |
| Built year | 1900 | 1966 |
| HOA | $0 | $160 |
| Days on market | 6 | 35 |
Jul 17, 2026
$1,125,000
Initial Listing
Feb 21, 2019
$262,500
Public Record