820 N 16th Street, San Jose, California 95112, San Jose, 95112 - 0 bed, 0 bath
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820 N 16th Street
San Jose, California 95112
ACTIVE
CONDITION: FAIR
0Beds
0Baths
3,296Sq Ft
10,800Lot Size
Property Price
LIST PRICE$1,595,000
EST. MARKET VALUE
$1,552,600
SUMMARY
This High-Potential Investment Opportunity consists of two duplexes, listed at $1,670,000—positioned well below the $1,868,135 Fair Market Value by 10%. This valuation gap offers $198,135 in Instant Equity. With a Condition Rating of 4, the property features newer roofs and individual utility metering, minimizing management overhead. Exempt from San Jose rent control, this Residential Income Asset provides significant rental flexibility. It is an ideal acquisition for Buy-and-Hold Investors or Portfolio Managers seeking immediate income potential in a high-demand Silicon Valley location.
Estimated Market Value
$1,552,600
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 |
|---|---|---|---|---|---|---|
★ 820 N 16th Street Subject 0 bd · 0 ba · 3,296 sqft · $471 | $1,595,000* List Price | 0 | 0 | 3,296 | $471 | - |
A 502 N 18th Street Active 0 bd · 0 ba · 4,308 sqft · $441 · 0.6 mi | $1,900,000 List Price | 0 | 0 | 4,308 | $441 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1960 and exhibits a dated exterior with window AC units and cracking on the concrete driveway. However, it features newer roofs on both buildings and updated separate metering for utilities, indicating it is functional and maintained rather than a tear-down.
PROSSTRENGTHS & OPPORTUNITIES
- Favorable Rent Control Status
The property is exempt from San Jose's strict local rent control ordinances and is only subject to state AB1482, offering investors significantly higher income potential and flexibility in rent adjustments.
- Individual Utility Metering
Each of the four units is separately metered for water, gas, and electricity, and features its own water heater, which drastically reduces landlord overhead and simplifies property management.
- High-Demand Tenant Amenities
Rare for multi-family assets, every unit includes a private garage with laundry hookups, and rear units feature large backyards, providing a competitive edge in the rental market for long-term tenant retention.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3296, other record living area = 1648.
- Underperforming School District
The assigned public schools carry low ratings (ranging from 2 to 4), which may deter family-oriented tenants and could impact the property's long-term capital appreciation compared to other Silicon Valley neighborhoods.
- Vintage Infrastructure
Originally built in 1960, the property may require significant ongoing maintenance or capital expenditures to modernize aging systems beyond the recently replaced roofs.
About 820 N 16th Street
Rare Investment Opportunity (Two Duplexes on Same Parcel) The property consists of two spacious duplexes featuring four (2-bed, 1-bath units), each with a private garage with laundry hookups. Each unit is separately metered for water, gas, and electricity plus each unit has its own individual water heater. Newer roofs on both buildings. Large backyards in the rear units. Subject to AB1482 laws and NO San Jose rent control. Great income potential available for this property. The property is located just north of Downtown San Jose near historic Japantown with convenient access to shops, dining, parks, transit, major freeways, and Silicon Valley employment hubs.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1960
- Lot Size
- 10,800 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Grant Elementary School
Grades K-5 • 0.5 mi
2/10
Empire Gardens Elementary School
Grades K-5 • 0.7 mi
4/10
Peter Burnett Middle School
Grades 6-8 • 0.9 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,296 | 2,404.563 |
| Lot Size | 10,800 | 6,807.656 |
| Price | $1.59M | $1.42M |
| Price per sq ft | $484 | $613 |
| Built year | 1960 | 1962 |
| HOA | $0 | $0 |
| Days on market | 28 | 72 |
Pricing History
Listed for Sale
Oct 16, 2026
$1,595,000
$1,670,000
-4% Price Drop
Initial Listing
Price Change
Sep 26, 2026
$1,670,000
Initial Listing
Sold
Jun 23, 1998
$485,000
Public Record