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25 S 3rd Street 103, San Jose, California 95113, San Jose, 95113 - 1 bed, 1 bath

25 S 3rd Street 103, San Jose, California 95113 home-pic-0
ACTIVE$540,000
25 S 3rd Street 103, San Jose, California 95113
1Bed
1Bath
800Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Exceptional Downtown Location: The property boasts an unbeatable location in downtown San Jose, offering immediate access to San Jose State University, major tech employers (Zoom, Adobe), San Pedro Square, and various city amenities, making it highly attractive to urban professionals and students.
Top Cons:
High Monthly Association Fee: The $556.0 monthly association fee is substantial for an 800 sqft 1-bedroom unit, which could significantly impact the overall affordability and long-term ownership costs for potential buyers.

Compared to the nearby listings

Price:$540.0K vs avg $575.5K ($-35,500)33%
Size:800 sqft vs avg 1,007.5 sqft17%
Price/sqft:$675 vs avg $63750%

More Insights

Built in 2007 (18 years old).
Condition: The property was built in 2007, making it 17 years old, which falls within the 'Good' category's age range. It is move-in ready with recent cosmetic updates including upgraded laminate flooring and fresh paint. The kitchen features functional stainless steel appliances, though the electric coil range and cabinet style reflect the original build era rather than a recent high-end renovation. Bathrooms are clean and well-maintained with standard fixtures. Overall, systems appear well-maintained with minimal wear and tear, and no immediate major renovations are required.
Year Built
2007
Close
-
List price
$540K
Original List price
$550K
Price/Sqft
$675
HOA
$556
Days on market
-
Sold On
-
MLS number
ML82015077
Home ConditionGood
Features
View-

About this home

Welcome to The Globe on 3rd Street, where urban convenience meets modern loft living. Enjoy your own private entrance and gated one-car parking, with additional metered parking right outside for guests and visitors. Step outside and youre just moments away from local favorites like Mountain Mikes Pizza, San Jose State University, San Pedro Square, City Hall, and major downtown employers such as Zoom, Adobe, and various financial firms. Inside, this stylish one-bedroom loft features upgraded laminate flooring and fresh paint. The main level offers an open-concept living area, dining space, and kitchen, along with a full bathroom equipped with a shower-over-tub combo and a stackable washer and dryer. Upstairs, the loft bedroom is filled with natural light from additional windows and includes a walk-in closet and a convenient second sink. Residents also enjoy access to the on-site gym located on the second floor, a welcoming lobby area with mailboxes, and a beautifully landscaped courtyard.

Condition Rating
Good
The property was built in 2007, making it 17 years old, which falls within the 'Good' category's age range. It is move-in ready with recent cosmetic updates including upgraded laminate flooring and fresh paint. The kitchen features functional stainless steel appliances, though the electric coil range and cabinet style reflect the original build era rather than a recent high-end renovation. Bathrooms are clean and well-maintained with standard fixtures. Overall, systems appear well-maintained with minimal wear and tear, and no immediate major renovations are required.
Pros & Cons

Pros

Exceptional Downtown Location: The property boasts an unbeatable location in downtown San Jose, offering immediate access to San Jose State University, major tech employers (Zoom, Adobe), San Pedro Square, and various city amenities, making it highly attractive to urban professionals and students.
Modern Loft Design & Recent Upgrades: Featuring 'modern loft living' with upgraded laminate flooring and fresh paint, the unit presents a contemporary, move-in ready aesthetic that appeals to current design preferences.
Valuable In-Unit & Building Amenities: Key conveniences include a private entrance, gated one-car parking, in-unit stackable washer/dryer, and access to an on-site gym and landscaped courtyard, significantly enhancing lifestyle and value.
Natural Light & Functional Layout: The loft bedroom is well-lit with additional windows, complemented by an open-concept main level, a walk-in closet, and a convenient second sink, optimizing space and comfort.
Relatively New Construction: Built in 2007, the building is modern, suggesting fewer immediate maintenance concerns and adherence to contemporary building standards.

Cons

High Monthly Association Fee: The $556.0 monthly association fee is substantial for an 800 sqft 1-bedroom unit, which could significantly impact the overall affordability and long-term ownership costs for potential buyers.
Compact Living Space: At 800 sqft, the 1-bedroom loft offers a compact living area that may be restrictive for buyers desiring more expansive space or those planning for future household growth.
Recent Price Reduction: The $10,000 price drop from the original listing price could indicate a longer time on market or an initial overestimation of value, potentially raising questions for prospective buyers.

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