
San Jose, California 95110
This Victorian Triplex represents a Prime Investment Opportunity, listed at $1,299,000—positioned well below the $1,347,768 Fair Market Value by 3%. This valuation gap provides $48,768 in Instant Equity. With a Condition Rating of 3, the property features updated systems and a vacant, renovated unit. Its transit-oriented location near Caltrain and SAP Center ensures high rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to leverage house-hacking strategies in downtown San Jose.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 446 W San Fernando Street Subject 0 bd · 0 ba · 1,834 sqft · $735 | $1,299,000* List Price | 0 | 0 | 1,834 | $735 | - |
A 66 Fox Avenue Active 0 bd · 0 ba · 1,694 sqft · $797 · 0.9 mi | $1,349,990 List Price | 0 | 0 | 1,694 | $797 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1900, the property has undergone renovations that appear to be within the 5-15 year range. The vacant unit features updated laminate flooring, stainless steel appliances, and a renovated bathroom. The exterior is well-maintained with a newer fence and roof, and the presence of separate electric and gas meters suggests functional, updated systems suitable for a move-in ready triplex.
Situated in the heart of downtown San Jose, this property offers exceptional walkability to Caltrain, VTA, SAP Center, and San Pedro Square, making it highly attractive to urban professionals and commuters.
The property features a dedicated one-car garage and private driveway for each of the three units, along with separate electric and gas meters, significantly simplifying property management and increasing tenant appeal.
With one unit currently vacant and featuring modern updates—including a large kitchen and laundry room—the property is perfectly positioned for a 'house-hacking' buyer or an investor looking to set market-rate rents immediately.
Built in 1900, this Victorian-era structure likely requires specialized and potentially costly ongoing maintenance to preserve its character and address aging infrastructure typical of century-old buildings.
The triplex consists entirely of 1-bedroom, 1-bathroom units, which restricts the potential tenant pool to individuals or couples and may result in higher turnover compared to larger multi-bedroom units.
Location, location, location. This is a charming victorian triplex, located in the heart of downtown San Jose, walking distance to the Caltrain,VTA, SAP Center & San Pedro Square. Across the street to the lighrail. 3 units 1 bed 1 bath each with separate electric and gas meters. Corner lot with one car garage dedicated to each unit + a driveway for each unit. Unit 446 is vacant with a huge kitchen and plenty of cabinets, laundry room & a beautiful bathroom. This is for first time buyers that can live in one unit and rent the other two or investors who want to expand their portfolio. This is a great opportunity to live in DOWN TOWN SAN JOSE.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,834 | 2,404.563 |
| Lot Size | 5,076 | 6,807.656 |
| Price | $1.30M | $1.42M |
| Price per sq ft | $708 | $613 |
| Built year | 1900 | 1962 |
| HOA | $0 | $0 |
| Days on market | 4 | 72 |
Oct 21, 2026
$1,299,000
Initial Listing
Oct 20, 2026
$1,350,800
Initial Listing
Sep 14, 2010
$450,000
Public Record
Mar 31, 1999
$295,000
Public Record