371 E William Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
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San Jose, California 95112
This Value-Add Residential Asset is listed at $800,000, positioned near its $779,416 Fair Market Value. Marketed as a "Prime Fixer-Upper" with a Condition Rating of 5, the property requires comprehensive renovation but offers substantial upside via its Commercial Neighborhood Zoning. Located in the San Jose Unified district, just one block from San Jose State University, the site is primed for high-yield student housing or commercial transformation near the proposed Google Downtown West development. This "Cash Only" opportunity represents a strategic acquisition for Fix-and-Flip Investors or Developers targeting downtown San Jose's growth.
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 | $815 | - |
A 532 E William Sold | $850,000 | 2 | 1 | 933 | $911 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
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 The images reveal severely outdated and worn conditions throughout, particularly in the kitchens and bathrooms.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.
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.
Zoned Commercial Neighborhood, providing diverse development options for potential business use, mixed-use projects, or increased density, subject to city verification.
Positioned near the proposed Google Downtown West development, indicating strong potential for future appreciation and increased demand in the area.
Marketed as a 'Prime Fixer-Upper,' the property requires significant investment, vision, and contractor involvement to restore or transform.
The garage was converted into a one-bedroom unit without permits, posing legal and financial risks that may require costly remediation or legalization.
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.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 956 | 1,453 | 13% |
| Lot Size | 3,836 | 6,081 | 8% |
| Price | $800.0K | $1.09M | 4% |
| Price per sq ft | $837 | $841 | 50% |
| Built year | 1910 | 1918 | 38% |
| HOA | $0 | $0 | 50% |
| Days on market | 190 | 136 | 71% |
Oct 16, 2025
$800,000
Initial Listing
Oct 14, 2025
$1,117,711
Initial Listing