402 N 11th Street, San Jose, California 95112, San Jose, 95112 - 5 bed, 3 bath
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402 N 11th Street
San Jose, California 95112
ACTIVE
CONDITION: FAIR
5Beds
3Baths
1,712Sq Ft
5,796Lot Size
Property Price
LIST PRICE$1,288,000
EST. MARKET VALUE
$1,200,916
7% AboveMARKET VALUE
SUMMARY
This R2-Zoned Investment Asset is a High-Potential Investment Opportunity, listed at $1,288,000—positioned above the $1,206,200 Fair Market Value. While the price reflects a premium, the property’s Condition Rating of 4 and proven history as a student rental near SJSU provide a stable foundation for value-add strategies. Featuring a 6-bedroom layout and ADU-friendly potential, this property is optimized for high-occupancy income. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage downtown proximity and long-term development upside.
Estimated Market Value
$1,200,916
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 402 N 11th Street Subject | $1,288,000* List Price | 5 | 3 | 1,712 | $701 | - |
A 436 N 12th Street Sold | $1,100,000 | 3 | 1 | 1,920 | $573 | 0.1 mi |
B 73 S 15th Street Sold | $1,425,000 | 3 | 2 | 1,840 | $774 | 0.7 mi |
C 741 N 21st Street Sold | $1,300,000 | 4 | 2 | 1,932 | $673 | 0.8 mi |
D 640 N 15th Street Sold | $925,000 | 3 | 2 | 1,286 | $719 | 0.5 mi |
E 563 N 21st Street Sold | $1,290,000 | 3 | 3 | 1,664 | $775 | 0.6 mi |
F 196 S 14th Street Sold | $1,670,000 | 3 | 2 | 2,233 | $748 | 0.8 mi |
G 272 S 12th Street Pending | $1,298,888 List Price | 3 | 2 | 1,780 | $730 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1908, this 116-year-old home is functional but significantly dated. While it boasts recent permitted plumbing upgrades and remains livable as a student rental, the interior finishes, older windows, and utility areas show age exceeding the 20-year threshold for modern updates. It requires cosmetic renovations and likely electrical/HVAC modernization to meet current market standards for a primary residence.
PROSSTRENGTHS & OPPORTUNITIES
- Investment and Development Potential
The R2-zoned lot with an ADU-friendly layout and a proven history as a successful student rental near SJSU provides exceptional value for investors or those seeking multi-generational living.
- Prime Urban Location
Situated just blocks from San José State University and Downtown San Jose, the property offers excellent walkability to dining, shopping, and major commuter transit routes.
- High-Capacity Layout
Featuring 6 bedrooms and recent permitted plumbing upgrades, the home offers a rare high-occupancy configuration that maximizes rental income potential within its 1,712 square foot footprint.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Vintage Infrastructure
Built in 1908, the property's age may necessitate significant ongoing maintenance and further modernization of systems beyond the recent plumbing updates to meet modern standards.
- Underperforming School District
The local school ratings are relatively low, with several assigned schools scoring between 2 and 4, which may deter families specifically looking for high-performing educational environments.
About 402 N 11th Street
This spacious home features 6 bedrooms with high ceilings, 3 bathrooms, and a dedicated laundry room, offering a versatile layout for comfortable family living or investment. Located on an R2-zoned lot with an ADU friendly layout, the property offers excellent future potential. Enjoy the convenience of a detached garage, private driveway with direct street access, and recent permitted plumbing upgrades. The backyard is surrounded by mature fruit trees. Just blocks from San José State University, this home has a proven history as a successful student rental while also making an ideal primary residence. Close to downtown dining, shopping, transit, and major commuter routes. Don't miss this rare opportunity to own a versatile Downtown San Jose property with endless possibilities!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1908
- Lot Size
- 5,796 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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
Grant Elementary School
Grades K-5 • 0.3 mi
2/10
Horace Mann Elementary School
Grades K-5 • 0.6 mi
4/10
Empire Gardens Elementary School
Grades K-5 • 0.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,712 | 1,706.046 |
| Lot Size | 5,796 | 6,261.966 |
| Price | $1.29M | $1.68M |
| Price per sq ft | $752 | $979 |
| Built year | 1908 | 1965 |
| HOA | $0 | $200 |
| Days on market | 47 | 37 |
Pricing History
Listed for Sale
Jul 24, 2026
$1,288,000
Initial Listing
Sold
Aug 9, 2017
$908,000
Public Record
Sold
Apr 25, 2007
$720,000
Public Record
Sold
Aug 6, 2002
$415,000
Public Record