585 E Saint James Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
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585 E Saint James Street
San Jose, California 95112
ACTIVE
CONDITION: EXCELLENT
3Beds
2Baths
1,248Sq Ft
6,987Lot Size
Property Price
LIST PRICE$1,299,000
EST. MARKET VALUE
$1,311,045
SUMMARY
This Dual-Income Residential Asset is a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,311,045 Fair Market Value by 0.92%. This valuation gap offers $12,045 in Instant Equity. Featuring a Mint Condition Rating with a recently remodeled 2-bedroom ADU and a 3-bedroom main home, the property provides immediate rental income potential. Its large lot and central San Jose location offer significant versatility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$1,311,045
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 |
|---|---|---|---|---|---|---|
★ 585 E Saint James Street Subject | $1,299,000* List Price | 3 | 2 | 1,248 | $1,051 | - |
A 324 N 19th Street Sold | $1,350,000 | 3 | 2 | 1,231 | $1,097 | 0.4 mi |
B 403 N 12th Street Sold | $1,088,888 | 2 | 2 | 1,092 | $997 | 0.3 mi |
C 148 N 12th Street Sold | $1,080,000 | 2 | 1 | 1,084 | $996 | 0.1 mi |
D 419 Terrace Drive Sold | $1,225,000 | 3 | 2 | 1,116 | $1,098 | 0.6 mi |
E 617 N 15th Street Sold | $1,200,000 | 3 | 2 | 900 | $1,333 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1898, the property has undergone significant recent renovations. The detached ADU was remodeled within the last 3 years, and the main home features a modern interior with updated flooring, recessed lighting, white shaker cabinets, stone countertops, and contemporary bathrooms, placing it in mint, move-in ready condition consistent with a <5-year renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Income Potential
The property features a detached, recently remodeled 2-bedroom ADU, providing an excellent opportunity for rental income or flexible multi-generational living.
- Prime Central Location
Situated in the heart of San Jose, the home offers exceptional proximity to downtown dining, major freeways, and San Jose Mineta International Airport.
- Spacious Lot and Parking
The nearly 7,000 square foot lot includes ample space for multiple vehicles and oversized parking, a rare and valuable feature for this urban area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1248, other record living area = 2103.
- Historic Property Age
Built in 1898, the main structure may require significant ongoing maintenance or updates to aging systems compared to modern constructions.
- Lower School Ratings
The assigned local public schools have relatively low performance ratings, which may be a drawback for families prioritizing high-ranking educational districts.
About 585 E Saint James Street
2 HOMES FOR THE PRICE OF ONE in the heart of San Jose! Whether you're an investor seeking strong rental income, a multi-generational family looking for flexible living, or an owner-occupant hoping to offset your mortgage, this property checks all the boxes. The main home offers a spacious 3-bedroom, 2-bathroom floor plan, while the detached ADU features 2 bedrooms, 1 bathroom, a full kitchen, and in-unit laundry. The ADU has been tastefully remodeled within the last three years, providing modern comfort and excellent rental potential. Situated on a large lot with ample parking, including space for oversized vehicles, this property offers convenience and versatility that's hard to find. Ideally located near an abundance of dining, shopping, and entertainment options, with easy freeway access and close proximity to San Jose Mineta International Airport, commuting and travel are effortless. Don't miss this incredible opportunity to own an income-producing property in one of San Jose's most convenient locations!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1898
- Lot Size
- 6,987 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
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 • 0.4 mi
4/10
Grant Elementary School
Grades K-5 • 0.6 mi
2/10
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 | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,248 | 1,706.046 |
| Lot Size | 6,987 | 6,261.966 |
| Price | $1.30M | $1.68M |
| Price per sq ft | $1.0K | $979 |
| Built year | 1898 | 1965 |
| HOA | $0 | $200 |
| Days on market | 30 | 37 |
Pricing History
Listed for Sale
Aug 10, 2026
$1,299,000
Initial Listing
Sold
Oct 16, 2023
$1,100,000
Public Record
Sold
Jul 12, 2002
$425,000
Public Record