59 S 11th Street, San Jose, California 95112, San Jose, 95112 - 0 bed, 0 bath
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San Jose, California 95112
This Versatile Mixed-Use Victorian is listed at $1,449,000, positioned near its $1,410,957 Fair Market Value. The property features a 5-bedroom main house and a detached 1-bedroom cottage, currently generating a robust $7,700 monthly income. Boasting a Condition Rating of 3, the 1901 structure is well-maintained with updated flooring and a large finished basement. Located in the San Jose Unified School District near San Jose State University, this asset offers superior square footage compared to local averages. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 59 S 11th Street Subject | $1,449,000* List Price | 0 | 0 | 2,000 | $705 | - |
A 428 N 2nd Street Pending | $1,199,888 List Price | 0 | 0 | 1,815 | $661 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is a well-maintained 1901 Victorian that is move-in ready and currently generating significant rental income. The interior features a mix of updated laminate flooring and original hardwoods, though the stair carpeting shows visible wear. The kitchen and bathrooms have been updated with tile flooring and functional fixtures, although the styles (tile countertops and white appliances) are somewhat dated. Overall, the home is in solid condition with no immediate major repairs apparent, meeting the criteria for a well-maintained older property with partial updates.
The property is currently fully leased generating $7,700 monthly, offering a robust immediate cash flow with significant potential for future rent appreciation.
With a 5-bedroom main house and a detached 1-bedroom cottage, the layout is ideal for multi-generational living or owner-occupants looking to offset their mortgage with rental income.
Situated within walking distance to San Jose State University and major urban amenities, the property benefits from high tenant demand and excellent proximity to public transit.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2000, other record living area = 1969.
Built in 1901, this Victorian-era home may require specialized upkeep and potentially costly updates to its aging infrastructure and systems compared to modern builds.
The property is served by schools with relatively low performance ratings, which could be a deterrent for families prioritizing high-ranking public education.
Spacious and unique 2-story Victorian house with large backyard and deattached cottage. Home is 2,000 sqft, 5bd/4ba with high ceilings and a fireplace on the first floor. 2 of the bedrooms and bathrooms are on the 1st floor for ease of access. The cottage adds another 1bd/1ba, 554 sqft of living space and has its own laundry and private garden. The property can accommodate large and/or multi-generational families. 2nd floor has a kitchenette for convenience. The large finished basement offers 525sqft of extra storage and the driveway can fit up to 4 cars. Prime downtown San Jose location close to dining, public transit, San Jose State University, San Pedro Square, Dr Martin Luther King Library, SAP center, the Tech Museum and more! Currently fully rented with an income of $7,700/mo ($92,400/yr). Rents easily and there are still opportunities to increase rent. This versatile property presents many options to the buyer. Buyer can take over lease and enjoy the cash flow until the lease ends next summer and then decide to owner occupy or just continue the income producing investment. Can also live in main home (5bd/4ba) and rent out cottage (1bd/1ba).
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.7 mi
Grades K-5 • 0.7 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 | 2,000 | 2,968 | 33% |
| Lot Size | 6,165 | 6,165 | 50% |
| Price | $1.45M | $1.50M | 33% |
| Price per sq ft | $724 | $507 | 67% |
| Built year | 1901 | 1920 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 28 | 198 | 33% |
Mar 25, 2026
$1,449,000
Initial Listing
Oct 5, 2017
$1,125,000
Public Record
Jun 30, 2008
$1,150,000
Public Record
Jun 5, 2007
$760,000
Public Record
Apr 28, 2005
$710,000
Public Record
Feb 28, 2005
$590,000
Public Record