718 N 16th Street, San Jose, California 95112, San Jose, 95112 - bed, bath
ACTIVE UNDER CONTRACT$899,998$1,450/sqft
718 N 16th Street, San Jose, California 95112
0Bed
0Bath
1,450Sqft
5,500Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Income-Generating Duplex: The property is a duplex, offering immediate rental income potential with one unit currently occupied on a month-to-month lease, ideal for investors or owner-occupants seeking supplementary income.
Top Cons:
Requires Renovation/Updates: The property explicitly notes 'upside potential via sweat equity' and 'original tile and hardwood floors,' indicating a need for modernization and potential renovation investment to maximize its value.
Compared to the nearby listings
Price:$900.0K vs avg $1.02M ($-125,002)22%
Size:1,450 sqft vs avg 1,596 sqft33%
Price/sqft:$621 vs avg $57056%
More Insights
This property has been on the market for 33 days.
Built in 1949 (77 years old).
Condition: Built in 1949, this property explicitly states 'substantial upside potential via sweat equity' and features 'original tile and hardwood floors,' indicating a significant need for renovation. The images confirm very dated and worn conditions in the kitchen (original cabinets, tile countertops, older appliances, linoleum flooring), bathroom (old vanity, fixtures, tile), and general living areas (worn hardwood floors, ceiling imperfections, window AC units, wall heater). The detached garage also shows significant deterioration. While functional, the property requires substantial rehabilitation to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Year Built
1949
Close
-
List price
$900K
Original List price
$900K
Price/Sqft
$621
HOA
-
Days on market
33 Days
Sold On
2026-02-09
MLS number
ML82030462
Home ConditionPoor
Features
Patio
View-
About this home
Welcome to 718 & 720 North 16th Street - a charming duplex near downtown with abundant curb appeal, and substantial upside potential via sweat equity. Perfect for a contractor, handyman or investor. First time homebuyers: live in one unit and rent out the other! Each unit features 1 bedroom (with a walk-in closet), 1 full bathroom, kitchen (with gas range), living room and an indoor laundry room. Original tile and hardwood floors throughout. A detached garage provides for ample storage and parking, and a spacious back-yard is the ideal setting for summer BBQing. Centrally located between 101, 880 and 87, making this duplex a great location for commuters. Photos are of front unit; back unit is occupied on month-to-month lease.
N
Nicole Gurries
Listing Agent
Nearby schools
2/10
Grant Elementary School
Public,•K-5•0.4mi
4/10
Empire Gardens Elementary School
Public,•K-5•0.5mi
4/10
Peter Burnett Middle School
Public,•6-8•0.9mi
3/10
San Jose High School
Public,•9-12•0.9mi
Condition Rating
Poor
Built in 1949, this property explicitly states 'substantial upside potential via sweat equity' and features 'original tile and hardwood floors,' indicating a significant need for renovation. The images confirm very dated and worn conditions in the kitchen (original cabinets, tile countertops, older appliances, linoleum flooring), bathroom (old vanity, fixtures, tile), and general living areas (worn hardwood floors, ceiling imperfections, window AC units, wall heater). The detached garage also shows significant deterioration. While functional, the property requires substantial rehabilitation to meet modern standards and comfort, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate rental income potential with one unit currently occupied on a month-to-month lease, ideal for investors or owner-occupants seeking supplementary income.
Strategic Commuter Location: Positioned centrally between major freeways (101, 880, and 87), providing excellent accessibility for commuters to various parts of the Bay Area.
Significant Value-Add Potential: Described as having 'substantial upside potential via sweat equity,' making it highly attractive for contractors, handymen, or investors looking to enhance property value through renovations.
Charming Aesthetics & Outdoor Living: Features 'abundant curb appeal' and a 'spacious back-yard,' offering attractive outdoor space for recreation and entertaining.
Functional Unit Layout & Ample Parking: Each unit includes a practical 1-bedroom, 1-bathroom layout with indoor laundry, complemented by a detached garage providing ample storage and parking.
Cons
Requires Renovation/Updates: The property explicitly notes 'upside potential via sweat equity' and 'original tile and hardwood floors,' indicating a need for modernization and potential renovation investment to maximize its value.
Aging Infrastructure: Built in 1949, the property's age suggests potential for outdated systems and deferred maintenance, which may require significant capital expenditure for upgrades or repairs.
Inconsistent School Performance: While some local schools have good ratings, one elementary school (Grant Elementary) has a lower rating (2/10), which could be a consideration for families prioritizing top-tier educational institutions.