84 S 5th Street, San Jose, California 95112, San Jose, 95112 - 2 bed, 1 bath
ACTIVE$949,000
84 S 5th Street, San Jose, California 95112
2Beds
1Bath
1,305Sqft
2,880Lot
Price Vs. Estimate
The estimated value ($949,000) is $0 (0%) lower than the list price ($949,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Downtown Location: The property boasts an unbeatable downtown San Jose location, within a short walk to San Jose State University (SJSU), businesses, restaurants, coffee shops, and nightlife, making it highly desirable for urban living and student access.
Top Cons:
Limited Bathroom Count: With only one bathroom for a property that can potentially accommodate up to four bedrooms, this presents a significant functional limitation for multi-tenant living, student housing, or even a larger family.
Compared to the nearby listings
Price:$949.0K vs avg $1.20M ($-246,000)24%
Size:1,305 sqft vs avg 1,414.5 sqft37%
Price/sqft:$727 vs avg $83132%
More Insights
Built in 1920 (105 years old).
Condition: Built in 1920, this Craftsman home retains its original charm but shows significant age. The kitchen has some updated white cabinets and newer LVP flooring, but the countertops are dated, and the appliances are a mix of older and basic models. The single bathroom is likely original or very old, and its condition is a major functional drawback for a property of this size and potential use. Original hardwood floors throughout the living areas and bedrooms are heavily worn and require refinishing. The property lacks central HVAC, relying on window AC units. While the structure appears sound and it's livable, it requires substantial updates to the kitchen, bathroom, flooring, and HVAC systems to meet modern standards, aligning with the 'fair' condition criteria.
Year Built
1920
Close
-
List price
$949K
Original List price
$998K
Price/Sqft
$727
HOA
-
Days on market
-
Sold On
-
MLS number
ML82021245
Home ConditionFair
Features
Deck
Patio
View-
About this home
**Prime Downtown San Jose 1920 Craftsman Ideal SJSU Housing & Income Property** This charming 1920 Craftsman home is just a short walk to San Jose State University (SJSU), downtown businesses, restaurants, coffee shops, nightlife, and all the amenities of vibrant downtown San Jose living. Perfect for investors, professionals, or homeowners, this property offers exceptional potential for student housing, rental income, or short-term Airbnb/VRBO hosting, including high-demand Super Bowl 2026 rentals. Featuring classic architectural details, built-in shelving, and timeless vintage charm, the home has a versatile floor plan. Spacious living and dining areas can easily convert into additional bedrooms, creating a 4-bedroom layout ideal for multi-tenant rentals or student housing. A basement adds extra storage or creative space. The private gated yard provides the perfect setting for entertaining or relaxing outdoors. With its unbeatable downtown San Jose location and strong cash-flow potential, this property is a rare income-producing investment opportunity, whether youre seeking SJSU student rentals, Airbnb income, or a charming urban residence.
Nearby schools
4/10
Horace Mann Elementary School
Public,•K-5•0.2mi
3/10
Lowell Elementary School
Public,•K-5•0.7mi
2/10
Selma Olinder Elementary School
Public,•K-5•1.0mi
2/10
Grant Elementary School
Public,•K-5•1.0mi
4/10
Washington Elementary School
Public,•K-5•1.1mi
4/10
Gardner Elementary School
Public,•K-5•1.2mi
4/10
Empire Gardens Elementary School
Public,•K-5•1.3mi
4/10
Merritt Trace Elementary School
Public,•K-5•2.3mi
4/10
Peter Burnett Middle School
Public,•6-8•1.4mi
3/10
Herbert Hoover Middle School
Public,•6-8•2.1mi
5/10
Willow Glen Middle School
Public,•6-8•3.2mi
6/10
Orchard Elementary School
Public,•K-8•3.7mi
3/10
San Jose High School
Public,•9-12•1.2mi
5/10
Abraham Lincoln High School
Public,•9-12•2.2mi
6/10
Independence High School
Public,•9-12•2.6mi
6/10
Willow Glen High School
Public,•9-12•3.2mi
Condition Rating
Fair
Built in 1920, this Craftsman home retains its original charm but shows significant age. The kitchen has some updated white cabinets and newer LVP flooring, but the countertops are dated, and the appliances are a mix of older and basic models. The single bathroom is likely original or very old, and its condition is a major functional drawback for a property of this size and potential use. Original hardwood floors throughout the living areas and bedrooms are heavily worn and require refinishing. The property lacks central HVAC, relying on window AC units. While the structure appears sound and it's livable, it requires substantial updates to the kitchen, bathroom, flooring, and HVAC systems to meet modern standards, aligning with the 'fair' condition criteria.
Pros & Cons
Pros
Prime Downtown Location: The property boasts an unbeatable downtown San Jose location, within a short walk to San Jose State University (SJSU), businesses, restaurants, coffee shops, and nightlife, making it highly desirable for urban living and student access.
Exceptional Income Potential: Explicitly highlighted for its strong cash-flow potential, ideal for student housing, long-term rental income, or short-term Airbnb/VRBO hosting, including high-demand events like Super Bowl 2026.
Historic Craftsman Charm: Retains classic 1920s Craftsman architectural details, built-in shelving, and timeless vintage charm, appealing to buyers seeking character and unique aesthetic.
Versatile Floor Plan: The spacious living and dining areas can easily be converted into additional bedrooms, allowing for a 4-bedroom layout, which significantly enhances its utility for multi-tenant rentals or student housing.
Private Outdoor Space: Features a private gated yard, offering a valuable outdoor amenity for entertaining or relaxation in a dense urban environment.
Cons
Limited Bathroom Count: With only one bathroom for a property that can potentially accommodate up to four bedrooms, this presents a significant functional limitation for multi-tenant living, student housing, or even a larger family.
Age-Related Maintenance & Updates: As a 1920-built home, it likely requires ongoing maintenance and potential significant updates to older systems (e.g., plumbing, electrical, HVAC) that are not specified as modernized, which could lead to additional investment for a buyer.
Lower-Rated Local Schools: Several public schools in the immediate vicinity have relatively low ratings, which could be a deterrent for potential buyers with school-aged children prioritizing highly-rated public education options.