
San Jose, California 95112
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 Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is a well-maintained multi-family complex that presents as move-in ready and turnkey. While built in 1963, it features significant recent exterior upgrades including new dual-pane windows, fresh paint, and a paver driveway. Interior units show varying levels of updates; some kitchens feature modern shaker cabinets and stone countertops with stainless steel appliances, while others are more dated but functional. The flooring is a mix of newer laminate and well-kept carpet, and the overall maintenance level meets the criteria for a 'good' condition rating.
Situated in the heart of San Jose near SJSU and major tech headquarters like Adobe and Zoom, the property benefits from consistently high rental demand and proximity to key urban amenities.
The property features significant recent capital improvements, including new dual-pane windows, fresh exterior paint, and a paver driveway, allowing for immediate cash flow with minimal initial renovation needs.
With a mix of one, two, and three-bedroom units, the property appeals to a wide demographic of tenants, from students to larger families, providing a balanced and resilient income stream.
Built in 1963, the property may face higher long-term maintenance costs associated with aging plumbing and electrical systems compared to modern multi-family constructions.
The assigned public schools have relatively low ratings, with some as low as 2/10, which could deter family-oriented tenants and potentially impact long-term appreciation.
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.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 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 | 197 | 198 | 33% |
Oct 7, 2025
$2,260,000
Initial Listing