431 E Saint John Street, San Jose, California 95112, San Jose, 95112 - bed, bath
431 E Saint John Street
San Jose, California 95112
Property Price
SUMMARY
Analysis of 431 E Saint John Street, San Jose, California 95112 is currently available with a list price of $2,260,000. 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
Property is moderate renovation needed.
The property, built in 1963, shows a mix of conditions across its units. While the exterior has received recent updates like new dual-pane windows, fresh paint, and a paver driveway, many interior units feature dated kitchens with older appliances (white ranges, older refrigerators), laminate countertops, and linoleum flooring. Bathrooms also vary, with some appearing updated with modern tile and vanities, while others retain older tile, basic vanities, and fixtures. Flooring throughout the units is a mix of older carpet, linoleum, and some newer laminate. Heating is via wall units, indicating older systems. Overall, the property is maintained and functional, but many interior components are outdated and would require significant renovation to meet current market expectations or maximize rental income, aligning with the 'fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
Strategically located in vibrant downtown San Jose, offering immediate access to Japan Town, San Jose State University, SAP Center, and San Jose International Airport, enhancing tenant demand and property value.
- Strong Investment Potential
An exceptional turnkey multi-family property with six units, currently rented to long-term tenants, providing excellent income potential in an area with high housing demand.
- Recent Exterior Upgrades
The property benefits from recent improvements including new dual pane windows, fresh exterior paint, and a paver driveway, reducing immediate capital expenditure for a new owner.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1963, the property may have older internal systems (plumbing, electrical, HVAC) that could require significant future maintenance or upgrades despite recent exterior improvements.
- Mixed School Ratings
While numerous schools are nearby, some of the closest elementary and high schools have lower ratings (e.g., 2-4 out of 10), which might impact appeal for families prioritizing top-tier public education.
- Undisclosed Interior Condition
The description highlights exterior updates but does not specify recent interior renovations for the individual units, suggesting potential for dated finishes that may require investment to maximize rental income or attract premium tenants.
About 431 E Saint John Street
Exceptional turnkey investment property available at 431 E. Saint. John St., San Jose, which is located in the vibrant downtown San Jose, a few blocks from Japan Town, San Jose State University, nearly SAP Center, San Jose International Airport, etc. This well-maintained multi-family property presents excellent income with high housing demand. Currently, the property is rented to long-term tenants and features six units, three with 2 bedrooms/1 bathroom, two with 1 bedroom/1 bath, one with 3 bedrooms/2 baths, and one storage room. On-site coin op laundry. New dual pane windows, fresh exterior paint, paver driveway, 6-car carport. This prime location offering residents convenient access to local attractions, shopping centers, restaurants, parks, schools, and many hi-tech employment opportunities with large employers like Adobe, Cisco, Zoom, Ebay, and Paypal, etc.
Property Details
Public Facts
- Property Type
- Mixed Use
- Year Built
- 1963
- Lot Size
- 7,590 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
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 • 0.2 mi
Grant Elementary School
Grades K-5 • 0.7 mi
Lowell Elementary School
Grades K-5 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 5,069 | 5,069 | 50% |
| Lot Size | 7,590 | 7,590 | 50% |
| Price | $2.26M | $2.26M | 50% |
| Price per sq ft | $446 | $446 | 50% |
| Built year | 1963 | 1961 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 151 | 152 | 33% |
Pricing History
Listed for Sale
Oct 7, 2025
$2,260,000
Initial Listing