362 N 7th Street, San Jose, California 95112, San Jose, 95112 - 6 bed, 3 bath

362 N 7th Street, San Jose, California 95112 home-pic-0

362 N 7th Street

San Jose, California 95112

ACTIVE
CONDITION: FAIR
6Beds
3Baths
1,800Sq Ft
6,348Lot Size

Property Price

LIST PRICE$899,000

SUMMARY

Analysis of 362 N 7th Street, San Jose, California 95112 is currently available with a list price of $899,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.

Condition Analysis

OVERALL CONDITION SCORE

Fair
TeardownExcellent

Property is moderate renovation needed.

Built in 1900, this property is aged but functional, currently serving as an active rental. The kitchen and bathrooms feature dated finishes, basic appliances, and older cabinetry likely renovated over 20 years ago. While the home is maintained for occupancy, it shows clear signs of wear and lacks modern system updates, fitting the criteria for a property that is functional but outdated.

PROSSTRENGTHS & OPPORTUNITIES

  • Immediate Rental Income

    The property currently generates approximately $4,500 in monthly rental income from six tenants, offering immediate cash flow and a turnkey investment opportunity.

  • Prime Investment Location

    Located just minutes from San Jose State University and the downtown core, the property sits in a high-demand rental corridor popular with students and professionals.

  • Development Potential

    The generous 6,348 sqft lot and flexible layout provide significant long-term upside for value-add improvements, ADU addition, or potential redevelopment.

CONSRISKS & DEFICIENCIES

  • MLS Listing Discrepancy

    Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.

  • Historic Age and Maintenance

    Originally built in 1900, the property likely requires ongoing maintenance and potential upgrades to aging systems to meet modern building standards.

  • Management Complexity

    Managing a six-bedroom residence with multiple individual tenants can be more operationally intensive than a standard single-family rental agreement.

About 362 N 7th Street

Located just minutes from San Jose State University and downtown San Jose, 362 N 7th St offers a rare opportunity to acquire an income-producing property with long-term upside in a highly desirable rental corridor. Originally built in 1900, this spacious 6-bedroom, 3-bathroom home (buyer to verify) combines historic character with strong investment potential. Currently configured with six tenants generating approximately $4,500 in monthly rental income, the property provides immediate cash flow with the option to retain existing occupants for a smooth transition. Its flexible layout and generous lot size open the door to a variety of future possibilities, whether maintaining as a rental, enhancing value through improvements, or exploring development potential (buyer to verify). Positioned near San Jose State University, major transportation routes, and the vibrant downtown core, the location benefits from consistent rental demand driven by students, professionals, and long-term residents alike. This is an excellent opportunity for investors, house hackers, or buyers seeking a property with both current income and future potential in one of San Joses most dynamic neighborhoods.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1900
Lot Size
6,348 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
3 (3 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

San Jose Unified Schools

Horace Mann Elementary School

Grades K-5 • 0.4 mi

4/10

Grant Elementary School

Grades K-5 • 0.5 mi

2/10

Empire Gardens Elementary School

Grades K-5 • 0.9 mi

4/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.03.0
98%
Baths3.02.0
72%
Square foot1,8001,437
79%
Lot Size6,3486,200
57%
Price$899.0K$1.08M
23%
Price per sq ft$499$845
2%
Built year19001918
11%
HOA$0$0
50%
Days on market11159
2%

Pricing History

Listed for Sale

Feb 24, 2026

$899,000

Initial Listing

Sold

May 15, 2009

$310,000

Public Record

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