
San Jose, California 95110
This Victorian triplex represents a High-Potential Investment Opportunity, listed at $1,350,800—positioned above the $1,270,980 Fair Market Value. While the property lacks immediate equity, its Fair Condition Rating and prime transit-oriented location near Downtown San Jose offer significant long-term upside. The 5,076 sq ft lot, finished basement, and three-car garage provide substantial value-add potential for modernization. This asset is best suited for Buy-and-Hold Investors or Value-Add Developers looking to capitalize on high rental demand and future structural improvements.
Property is moderate renovation needed.
Built in 1900, this Victorian triplex is functional and livable but significantly dated. While it features some updated stainless steel appliances, the reliance on wall furnaces, lack of a cooling system, and older interior finishes like linoleum and aged carpeting indicate the property has not had a comprehensive renovation in over 20 years.
Situated directly across from a light rail stop and just blocks from Downtown San Jose and the SAP Center, this property offers exceptional accessibility and high rental demand in a vibrant urban core.
With a fully finished basement and designated room for expansion on a 5,076 sqft lot, the property provides unique opportunities for investors to increase square footage and maximize ROI.
Rare for downtown multi-family residences, the property includes three garage spaces, providing secure parking and storage that adds substantial value and convenience for tenants.
Originally built in 1900, this Victorian-era structure likely requires significant ongoing maintenance and capital improvements to modernize systems and ensure long-term structural integrity.
The absence of a cooling system and reliance on wall furnaces may limit tenant appeal during San Jose's warmer months and necessitate future HVAC upgrades to remain competitive in the market.
Welcome to this charming victorian triplex located in the vibrant city of San Jose. Close to lighrail stop across the street, few blocks from, downtown and arena. Spanning 3 units 1bed 1 bath,1 car garage. this property offers a spacious layout with a variety of flooring options, including carpet, hardwood, and vinyl/linoleum, catering to different lifestyle needs. The kitchen is equipped with a range of appliances that vary by unit. Room for expansion and fully finish basement. Though the home does not feature cooling, it is heated via a wall furnace, providing warmth during cooler months. The living area is complemented by a cozy fireplace, adding to the home's inviting atmosphere. For laundry needs, some units are equipped with a washer and dryer, enhancing convenience. With a generous minimum lot size of 5,076 sq ft, the property includes garage spaces for up to three vehicles, accommodating your parking and storage needs. Located within the San Jose Unified School District, this home presents a great opportunity for families seeking a residence in this sought-after community.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
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| Beds | - | - | 0% |
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| Lot Size | - | - | 0% |
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| Built year | 1900 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 24, 2026
$1,350,800
Initial Listing
Sep 14, 2010
$450,000
Public Record
Mar 31, 1999
$295,000
Public Record