860 N 19th Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 1 bath
ACTIVE$1,450,000
860 N 19th Street, San Jose, California 95112
3Beds
1Bath
1,559Sqft
12,774Lot
Price Vs. Estimate
The estimated value ($1,386,587.315) is $63,412.685 (4%) lower than the list price ($1,450,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Development Potential: The spacious 0.29-acre lot offers substantial potential for splitting, building a new dream home, or developing long-term income units, providing excellent investment flexibility.
Top Cons:
Historic Age & Condition: Built in 1901, the property is very old, suggesting potential for significant deferred maintenance, outdated systems, and the need for extensive renovations to meet modern standards.
Compared to the nearby listings
Price:$1.45M vs avg $1.20M (+$250,000)74%
Size:1,559 sqft vs avg 1,430.5 sqft55%
Price/sqft:$930 vs avg $86358%
More Insights
Built in 1901 (124 years old).
Condition: Built in 1901, this property shows significant age. While a modern stainless steel range is present in the kitchen, the rest of the kitchen (dated linoleum flooring, tiled backsplash, and wallpaper) and the bathroom (green tub, dated vanity, floral wallpaper, and older fixtures) are severely outdated, suggesting renovations from 30-50 years ago. The overall aesthetic, including flooring and light fixtures in other rooms, is also very dated. The property requires substantial repairs and rehabilitation to meet current quality and comfort standards.
Year Built
1901
Close
-
List price
$1.45M
Original List price
$1.49M
Price/Sqft
$930
HOA
-
Days on market
-
Sold On
-
MLS number
ML82014495
Home ConditionPoor
Features
Good View:
View-
About this home
Welcome to this single-family home on a spacious 0.29-acre lot with potential to split, build your dream home or long-term income units. The two-story home offers 3 beds and 1 bath. A front porch welcomes you into the spacious living room, which flows into a family room with chandelier and ample cabinetry, followed by the kitchen. A sunroom is connected for extra space. The ground floor includes one full bath and a bedroom; two additional bedrooms are upstairs. Located in Central San Jose, near Downtown, with easy access to shopping, restaurants, Hwy 101/880, and a short commute to tech companies. Don't miss this great opportunity!
Condition Rating
Poor
Built in 1901, this property shows significant age. While a modern stainless steel range is present in the kitchen, the rest of the kitchen (dated linoleum flooring, tiled backsplash, and wallpaper) and the bathroom (green tub, dated vanity, floral wallpaper, and older fixtures) are severely outdated, suggesting renovations from 30-50 years ago. The overall aesthetic, including flooring and light fixtures in other rooms, is also very dated. The property requires substantial repairs and rehabilitation to meet current quality and comfort standards.
Pros & Cons
Pros
Significant Development Potential: The spacious 0.29-acre lot offers substantial potential for splitting, building a new dream home, or developing long-term income units, providing excellent investment flexibility.
Strategic Central San Jose Location: Situated near Downtown San Jose, the property boasts convenient access to major highways (101/880), shopping, dining, and a short commute to tech companies, enhancing its desirability.
Strong Investment Opportunity: Beyond a single-family home, the property presents a compelling investment opportunity due to its large lot and zoning potential for multi-unit development or future appreciation in a high-demand area.
Generous Interior Space: The two-story home features a spacious living room, a family room with ample cabinetry, and an additional sunroom, offering flexible and comfortable living areas.
Recent Price Reduction: A recent price drop from $1.49M to $1.45M indicates increased motivation from the seller and offers a potentially more attractive entry point for buyers.
Cons
Historic Age & Condition: Built in 1901, the property is very old, suggesting potential for significant deferred maintenance, outdated systems, and the need for extensive renovations to meet modern standards.
Limited Bathroom Facilities: With 3 bedrooms and only 1 bathroom, the property offers an inconvenient ratio for families or multiple occupants, potentially requiring costly additions or reconfigurations.
Pricing Above Market Estimation: The current list price of $1.45M is higher than the estimated property value of $1.385M, which could deter some buyers or lead to longer market time unless the development potential fully justifies the premium.