92 N 6th Street, San Jose, California 95112, San Jose, 95112 - bed, bath

92 N 6th Street, San Jose, California 95112 home-pic-0
ACTIVE$1,450,000
92 N 6th Street, San Jose, California 95112
0Bed
0Bath
2,976Sqft
3,037Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of Downtown San Jose, steps from City Hall, Miro Towers, San Pedro Square, and upscale dining, offering high demand and excellent walkability.
Top Cons:
Historic Property Age: Built in 1898, the property's age may lead to higher maintenance costs, potential for outdated systems, and the need for significant capital expenditures over time.

Compared to the nearby listings

Price:$1.45M vs avg $1.02M (+$425,000)89%
Size:2,976 sqft vs avg 1,596 sqft89%
Price/sqft:$487 vs avg $57022%

More Insights

Built in 1898 (127 years old).
Condition: Built in 1898, this property is well-maintained for its age but shows significant signs of being outdated. The kitchens feature older white or dark wood cabinets, white appliances, and laminate/linoleum flooring, indicating renovations likely 30-50 years ago or original features with basic upkeep. Bathrooms also present an older style with white wall tiles and pedestal sinks. While functional and clean, the property requires substantial cosmetic updates and likely system upgrades (e.g., wall heaters, worn carpet on stairs) to meet modern standards. It is livable but not updated, fitting the 'Fair' category where major components are functional but outdated, and significant cosmetic updates are needed.
Year Built
1898
Close
-
List price
$1.45M
Original List price
$1.45M
Price/Sqft
$487
HOA
-
Days on market
-
Sold On
-
MLS number
ML82002484
Home ConditionFair
Features
View-

About this home

92 N 6th Street is a well maintained fourplex in the heart of Downtown San Jose. The property is located steps from City Hall, the iconic Miro Towers, San Pedro Square, and a growing collection of upscale dining destinations. The property features a unique mix including a versatile 2-bed 2-bath unit with two separate entrances, dual living areas, and dual kitchen layouts, including dual gas & electric meters offering a highly feasible opportunity to convert into (2) spacious 1-bed 1-bath units or a 1-bed 1-bath and a 2-bed 1-bath configuration (Note: Such modifications, subject to City approval and permitting, could enhance rental income and unit count). Other units include a spacious 1-bed 1-bath directly across the hall on the upper level, a 2-bed 1-bath, and another classic 1-bed 1-bath on the lower level. The property will be delivered nearly completely vacant, with only one unit occupied by the time of sale, offering a new investor tremendous upside potential and creative autonomy with no rent cap restrictions on majority of the units. Vacant unit rents are estimated and expenses provided by seller. Marketing package available upon request.

Nearby schools

4/10
Horace Mann Elementary School
Public,K-50.1mi
2/10
Grant Elementary School
Public,K-50.8mi
3/10
Lowell Elementary School
Public,K-50.9mi
2/10
Selma Olinder Elementary School
Public,K-51.1mi
4/10
Empire Gardens Elementary School
Public,K-51.1mi
4/10
Washington Elementary School
Public,K-51.3mi
4/10
Gardner Elementary School
Public,K-51.4mi
4/10
Merritt Trace Elementary School
Public,K-52.3mi
4/10
Peter Burnett Middle School
Public,6-81.2mi
3/10
Herbert Hoover Middle School
Public,6-82.1mi
5/10
Willow Glen Middle School
Public,6-83.4mi
6/10
Orchard Elementary School
Public,K-83.4mi
3/10
San Jose High School
Public,9-121.1mi
5/10
Abraham Lincoln High School
Public,9-122.2mi
6/10
Independence High School
Public,9-122.4mi
6/10
Willow Glen High School
Public,9-123.4mi
Condition Rating
Fair

Built in 1898, this property is well-maintained for its age but shows significant signs of being outdated. The kitchens feature older white or dark wood cabinets, white appliances, and laminate/linoleum flooring, indicating renovations likely 30-50 years ago or original features with basic upkeep. Bathrooms also present an older style with white wall tiles and pedestal sinks. While functional and clean, the property requires substantial cosmetic updates and likely system upgrades (e.g., wall heaters, worn carpet on stairs) to meet modern standards. It is livable but not updated, fitting the 'Fair' category where major components are functional but outdated, and significant cosmetic updates are needed.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of Downtown San Jose, steps from City Hall, Miro Towers, San Pedro Square, and upscale dining, offering high demand and excellent walkability.
Significant Value-Add Potential: A versatile 2-bed 2-bath unit can be converted into two separate units (1-bed 1-bath each or 1-bed 1-bath and 2-bed 1-bath), potentially increasing unit count and rental income.
High Vacancy for Investor Control: The property will be delivered nearly completely vacant, providing a new investor with tremendous upside potential, creative autonomy, and no rent cap restrictions on most units.
Well-Maintained Multi-Unit Property: Described as a 'well maintained fourplex,' indicating good condition for its age and offering multiple income streams as a residential income property.
Flexible Unit Configuration: The property features a unique mix of units, including a 2-bed 2-bath with dual entrances and kitchens, allowing for adaptable living arrangements or future reconfigurations.

Cons

Historic Property Age: Built in 1898, the property's age may lead to higher maintenance costs, potential for outdated systems, and the need for significant capital expenditures over time.
Permitting Required for Conversion: The proposed unit conversion for increased income is subject to City approval and permitting, which can introduce delays, additional costs, and uncertainty.
Limited Lot Size: With a lot size of 3037 sqft for a fourplex in a dense urban area, outdoor space and potential for dedicated parking may be limited.

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