371 E William Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
371 E William Street
San Jose, California 95112
Property Price
SUMMARY
Analysis of 371 E William Street, San Jose, California 95112 reveals a property with a current list price of $800,000, which is 5% above the estimated $753,139 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 371 E William Street Subject | $800,000* List Price | 3 | 2 | 956 | $788 | - |
A 532 E William Sold | $850,000 | 2 | 1 | 933 | $911 | 0.2 mi |
B 417 E Saint James Street Pending | $569,999 List Price | 2 | 1 | 962 | $593 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1910, this property is explicitly marketed as a 'Prime Fixer-Upper' requiring significant investment and vision. The images reveal severely outdated and worn conditions throughout, particularly in the kitchens and bathrooms. The main kitchen features old wooden cabinets, dated appliances, and worn linoleum. The garage conversion kitchen (unpermitted) is in extremely poor shape with peeling paint, a basic old stove, and damaged flooring. Bathrooms have old vanities, fixtures, and worn linoleum. Hardwood floors in other areas are heavily scratched and in need of refinishing. The 'CASH OFFERS ONLY' requirement further underscores the property's inability to qualify for traditional financing due to its condition and unpermitted work, indicating substantial repairs and rehabilitation are needed.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Location
Strategically located just one block from San Jose State University, minutes from Downtown San Jose, and close to major transportation hubs (Diridon Station, Highways 280, 101, 87), offering unparalleled access to amenities and transit.
- Flexible Commercial Zoning
Zoned Commercial Neighborhood, providing diverse development options for potential business use, mixed-use projects, or increased density, subject to city verification.
- Future Growth Potential
Positioned near the proposed Google Downtown West development, indicating strong potential for future appreciation and increased demand in the area.
CONSRISKS & DEFICIENCIES
- Extensive Renovation Required
Marketed as a 'Prime Fixer-Upper,' the property requires significant investment, vision, and contractor involvement to restore or transform.
- Unpermitted Garage Conversion
The garage was converted into a one-bedroom unit without permits, posing legal and financial risks that may require costly remediation or legalization.
- Cash Offers Only
The requirement for cash offers severely limits the potential buyer pool, suggesting the property may not qualify for traditional financing due to its condition or unpermitted work.
About 371 E William Street
Prime Fixer-Upper with Commercial Zoning Near SJSU! This 3-bedroom, 2-bath bungalow is a rare opportunity, located just one block from San Jose State University, making it ideal for student housing, rental income, or a potential business space. Zoned Commercial Neighborhood, the property offers flexible development options (buyers to verify all possibilities with the city). Prime Location & Nearby Amenities: Steps to SJSU, less than 2 miles to Diridon Station, offering Caltrain, VTA, and Amtrak access. Easy connection to Highways 280, 101, and 87. Just minutes from the vibrant heart of Downtown San Jose. Close to Plaza de Caesar Chavez, SAP Center, The Tech Interactive, and the SoFA District known for its arts and culture scene. Positioned near the proposed Google Downtown West development, adding further value and demand in the area. Whether you're looking to restore, develop, or transform, this property's unbeatable location and zoning flexibility make it a must-see opportunity. The garage was converted into a one-bedroom unit without permits. Bring your contractors and your vision! CASH OFFERS ONLY.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1910
- Lot Size
- 3,836 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
San Jose Unified Schools
Lowell Elementary School
Grades K-5 • 0.2 mi
Horace Mann Elementary School
Grades K-5 • 0.7 mi
Selma Olinder Elementary School
Grades K-5 • 0.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 956 | 1,424 | 17% |
| Lot Size | 3,836 | 6,165 | 6% |
| Price | $800.0K | $1.08M | 4% |
| Price per sq ft | $837 | $845 | 49% |
| Built year | 1910 | 1918 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 144 | 159 | 45% |
Pricing History
Listed for Sale
Oct 16, 2025
$800,000
Initial Listing
Price Change
Oct 14, 2025
$1,117,711
Initial Listing