639 Jackson Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 1 bath
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San Jose, California 95112
This property presents a High-Potential Investment Opportunity with a List Price of $1,149,000—positioned well above the $1,024,895 Fair Market Value by -12%. While the property requires significant capital for modernization due to its Condition Rating of 5, the 6,300 sqft corner lot offers substantial development potential for ADU construction or expansion. Currently fully rented, this asset provides immediate cash flow in a high-demand urban corridor. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking to leverage long-term rental demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 639 Jackson Street Subject | $1,149,000* List Price | 3 | 1 | 1,224 | $837 | - |
A 617 N 14th Street Sold | $825,000 | 3 | 1 | 1,066 | $774 | 0.0 mi |
B 656 N 16th Street Sold | $1,135,000 | 2 | 2 | 1,578 | $719 | 0.2 mi |
C 915 N 2nd Street Sold | $1,330,000 | 3 | 2 | 1,400 | $950 | 1.0 mi |
D 220 N 17th Street Active | $1,125,000 List Price | 3 | 2 | 1,176 | $957 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1901, this 123-year-old property is explicitly described as needing work and marketed as an investment opportunity. The presence of a window AC unit suggests a lack of modern HVAC systems, and the age combined with the 'needs work' disclaimer indicates a need for significant rehab.
Situated on a corner lot near Downtown San Jose and Highway 101, this property offers exceptional accessibility to major transit routes, shopping, and urban amenities.
The property is currently fully rented, providing immediate cash flow for investors looking for a functional income-generating asset in a high-demand market.
Featuring a generous 6,300 sqft corner lot with ample parking, the property provides significant space for potential expansion, ADU construction, or future redevelopment.
Built in 1901 and explicitly noted as needing work, the property will likely require substantial capital investment to modernize structural systems and interior finishes.
With only one bathroom for a three-bedroom home, the current layout may be less appealing to modern families and could limit the rental premium without further renovation.
Great investment opportunity. Corner lot with plenty of parking space. Close to freeway 101, shopping and San Jose downtown. Great income potential and fully rented. Main property has 3 bedrooms and 1 bathroom. Property needs work and has great potential. Are you ready for the next level of investment?
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,224 | 1,683.5 |
| Lot Size | 6,300 | 6,300 |
| Price | $1.15M | $1.70M |
| Price per sq ft | $939 | $1000 |
| Built year | 1901 | 1966 |
| HOA | $0 | $160 |
| Days on market | 2 | 35 |
Jul 21, 2026
$1,149,000
Initial Listing
Jun 30, 2005
$610,000
Public Record