773 State Street, San Jose, California 95110, San Jose, 95110 - 5 bed, 4 bath
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773 State Street
San Jose, California 95110
ACTIVE
CONDITION: GOOD
5Beds
4Baths
1,429Sq Ft
5,000Lot Size
Property Price
LIST PRICE$1,399,000
EST. MARKET VALUE
$1,417,148
SUMMARY
This Multi-Unit Income Property represents a High-Potential Investment Opportunity, listed at $1,399,000—positioned well below the $1,417,148 Fair Market Value by 1.28%. This valuation gap offers $18,148 in Instant Equity. Featuring a 3BD/2BA main unit, a 1BD/1BA unit, and a converted basement, the property maintains a Condition Rating of 3, offering modern granite kitchens and updated systems. Ideally located near the future Google Village, this is a prime asset for Buy-and-Hold Investors or Owner-Occupants seeking versatile rental income.
Estimated Market Value
$1,417,148
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 |
|---|---|---|---|---|---|---|
★ 773 State Street Subject | $1,399,000* List Price | 5 | 4 | 1,429 | $992 | - |
A 119 Delmas Avenue Sold | $1,250,000 | 4 | 3 | 1,091 | $1,146 | 0.9 mi |
B 75 W William Street Active | $1,648,000 List Price | 4 | 3 | 1,800 | $916 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1898, the property has undergone extensive renovations likely within the last 5-15 years. The kitchens feature granite countertops and stainless steel appliances, bathrooms have been modernized with contemporary vanities and tile, and the home includes updated systems like double-pane windows and recessed lighting. It is well-maintained and fully move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
This updated duplex features a 3BD/2BA main unit, a 1BD/1BA secondary unit, and a converted basement living area, providing exceptional versatility for rental income or house-hacking.
- Prime Strategic Location
Situated in Downtown San Jose near the future Google Village, SJSU, and major transit hubs, the property is perfectly positioned for long-term capital appreciation and high rental demand.
- Modernized Interiors
The property blends historic charm with contemporary functionality, featuring renovated kitchens with granite countertops, stainless steel appliances, and updated bathrooms throughout.
CONSRISKS & DEFICIENCIES
- Century-Old Structure
Originally built in 1898, the home may require more intensive ongoing maintenance or specialized repairs typical of historic properties, despite recent cosmetic updates.
- High-Density Living Space
With 1,429 square feet divided across multiple units and several bedrooms, the individual living areas and rooms may feel constrained or undersized for some occupants.
About 773 State Street
This charming property can be utilized as a single family residence home or a duplex with incredible income potential in the Downtown San Jose area. This property has been updated, and features a 3BD/2BA main portion of the home with a 1BD/1BA separate area. Features of the main property include a renovated kitchen with granite countertops, stainless steel appliances, gas range and plenty of cabinet space. Both bathrooms have been updated. Laminate and tile floors, double pane windows, high ceiling, spacious formal dining and living room. Features of the other unit include an updated kitchen and bathroom, laminate and tile floors, living room and bedroom. The basement was converted into a living area which includes recessed lighting, a kitchen with granite counter tops, electric cooktop, stainless sink, spacious living room, updated bathroom and a bedroom. Property is conveniently located close to Downtown San Jose with its fine dining restaurants, entertainment, shopping, hotels, convention center, light rail and minutes away from San Jose International Airport, San Jose State University, future Google Village development and access to Highways 280 and 87. This property offers an exceptional opportunity for owner-occupants or investors who are looking for income opportunities.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1898
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,429 | 1,706.046 |
| Lot Size | 5,000 | 6,261.966 |
| Price | $1.40M | $1.68M |
| Price per sq ft | $979 | $979 |
| Built year | 1898 | 1965 |
| HOA | $0 | $200 |
| Days on market | 15 | 37 |
Pricing History
Listed for Sale
Aug 25, 2026
$1,399,000
Initial Listing
Sold
Dec 31, 1996
$169,500
Public Record