374 S 21st Street, San Jose, California 95116, San Jose, 95116 - 3 bed, 3 bath
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San Jose, California 95116
Analysis of 374 S 21st Street, San Jose, California 95116 is currently available with a list price of $1,365,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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.
Property is new construction or fully renovated.
The property has undergone a complete, high-end renovation within the last year. The main residence features a brand-new kitchen with stainless steel appliances (still in protective film), modern shaker cabinets, and quartz countertops. Bathrooms are fully updated with contemporary fixtures and tiling. The addition of a newly constructed ADU and the mint condition of the flooring, recessed lighting, and exterior finishes meet the criteria for excellent condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7800, living area = 744.
The property features a newly renovated main residence and a brand-new detached 2-bedroom ADU, offering immediate rental income or flexible multi-generational living options.
With plans already submitted for an additional duplex, this property offers a rare opportunity to further densify a large 7,800 sq.ft. lot and maximize investment returns.
The main residence is a modest 1-bedroom, 1-bathroom unit, which may restrict appeal for traditional families or owner-occupants seeking a larger primary home.
The future duplex development is contingent on city approval of pending plans, leaving the buyer subject to municipal timelines and potential regulatory hurdles.
Exceptional investment and development opportunity in the heart of San Jose! Potentially 4 rental units situated on an approximately 7,800 sq.ft. lot, currently this property has total 1,493 SqFt features a newly renovated 1B1B main residence (744 SqFt) that has been fully updated with modern finishes. Additionally tremendous value is a newly constructed, detached 2B2B ADU (749 SqFt), offering excellent potential for rental income, multigenerational living, or owner-occupancy flexibility. The opportunity extends even further with plans approved by the City for an additional development DUPLEX with 2 stories 2 units 6B6B 2,376 Sfqft total (Each unit has 3beds 3baths; Approximately 1,200 SqFt per unit). Permit review is currently in progress, buyers can move directly toward permitting and construction by saving months (often 6-12+) of design review and approval time. Whether you are an investor, developer, or owner-user seeking multiple income streams, this rare property combines existing cash flow, brand-new improvements, and future development upside on a generously sized lot in a desirable San Jose location with convenient access to major highways, Downtown, major tech companies, and commuter routes, shopping, and dining. Welcome to check this gem in San Jose!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 744 | 1,683.5 |
| Lot Size | 7,800 | 6,300 |
| Price | $1.36M | $1.70M |
| Price per sq ft | $1.8K | $1000 |
| Built year | 1930 | 1966 |
| HOA | $0 | $160 |
| Days on market | 40 | 35 |
Jul 1, 2026
$1,365,000
$1,425,000
-4% Price Drop
Initial Listing
Jun 12, 2026
$1,425,000
Initial Listing
Apr 9, 2025
$1,050,000
Public Record
Dec 11, 2024
$880,000
Public Record