951 S 12th 311, San Jose, California 95112, San Jose, 95112 - 2 bed, 2 bath
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951 S 12th 311
San Jose, California 95112
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,206Sq Ft
1,507Lot Size
Property Price
LIST PRICE$649,888
EST. MARKET VALUE
$610,511
6% AboveMARKET VALUE
SUMMARY
This Top-Floor Penthouse is a Strong Value Opportunity, listed at $649,888—positioned well below the $610,511 Fair Market Value by -6%. While the list price exceeds the current estimation, the property offers a Good Condition Rating with recent refreshes, including new carpet and paint. Featuring two independent covered parking spaces, in-unit laundry, and a private pool, this home provides significant lifestyle utility. Located near major tech hubs and the future Google campus, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a well-connected, low-maintenance urban residence.
Estimated Market Value
$610,511
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 |
|---|---|---|---|---|---|---|
★ 951 S 12th 311 Subject | $649,888* List Price | 2 | 2 | 1,206 | $506 | - |
A 1060 S 3rd Street 307 Sold | $488,000 | 2 | 2 | 1,100 | $444 | 0.6 mi |
B 1060 S 3rd Street 129 Sold | $545,000 | 2 | 2 | 1,000 | $545 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1992, this property is well-maintained and move-in ready. It features a recent refresh with brand-new carpet, fresh paint, and modern recessed lighting. While the kitchen cabinetry and bathroom fixtures are dated (typical of the 1990s), the unit includes functional modern systems like central heating/AC and in-unit laundry, placing it in the 'Good' category for its age and maintenance level.
PROSSTRENGTHS & OPPORTUNITIES
- Penthouse Privacy & Layout
As a top-floor penthouse with no neighbors above, this unit features soaring ceilings and dual balconies, offering a sense of volume and privacy rarely found in high-density condo living.
- Exceptional Parking & Convenience
The property includes two independent covered parking spaces in a secured garage—a rare and highly valuable asset in San Jose—alongside modern essentials like in-unit laundry and central AC.
- Strategic Tech-Hub Location
Ideally positioned for commuters and investors, the home is minutes from major highways, SJSU, and less than two miles from the future Google campus and major tech employers.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1507, other record lot size in square feet = 1206.
- High Monthly Carrying Costs
The monthly HOA fee of $750 is significant and may impact the overall affordability and debt-to-income ratio for budget-conscious buyers.
- Extended Market Time & School Ratings
With 124 days on the market and lower-rated local schools (ratings of 3 and 5), the property may face challenges in attracting families or maintaining rapid appreciation momentum.
About 951 S 12th 311
**REACH OUT TO AGENT FOR VIP PARKING INSTRUCIONS** Top-floor penthouse living with no neighbors above and TWO independent covered parking spaces in a secured garage, a rare find! This updated 2-bed, 2-bath home features a bright, open great room with soaring ceilings, abundant natural sunlight and airflow. NEW BLINDS AND CURTAIN RODS THAT CONVEY WITH THE SALE. Recently refreshed with brand-new carpet, fresh paint, and recessed lighting, the home blends modern comfort with functionality. Enjoy a wraparound balcony plus a private balcony off the spacious primary suite, perfect for indoor-outdoor living. Additional highlights include in-unit laundry, central heating/AC, ample storage, and a cozy fireplace. Located in a private gated community with a pool and lush grounds, it offers a peaceful yet connected setting. Prime location minutes from Highways 87, 280, 680, and 101, plus Costco and Walmart. Close to top tech employers like Apple, Cisco, and Nvidia, and near SJSU, CEFCU Stadium, and Sharks Ice. You are less than two miles from the future Google campus and a short drive to Downtown San Jose dining and entertainment. Public transit is a breeze with VTA bus stops just one block away! A rare opportunity for a top-floor unit, come experience it for yourself!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1992
- Lot Size
- 1,507 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750.0 / Month
Neighborhood Insights
San Jose Unified Schools
Lowell Elementary School
Grades K-5 • 0.5 mi
3/10
Herbert Hoover Middle School
Grades 6-8 • 3.0 mi
3/10
Abraham Lincoln High School
Grades 9-12 • 3.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,206 | 1,088.503 |
| Lot Size | 1,507 | 1,303.863 |
| Price | $649.9K | $648.7K |
| Price per sq ft | $539 | $614 |
| Built year | 1992 | 1987 |
| HOA | $750.0 | $594 |
| Days on market | 126 | 56 |
Pricing History
Listed for Sale
Aug 25, 2026
$649,888
$659,888
-2% Price Drop
Initial Listing
Price Change
May 6, 2026
$659,888
Initial Listing
Sold
Dec 30, 2016
$496,000
Public Record
Sold
Apr 19, 2013
$390,000
Public Record
Sold
Jun 25, 2004
$378,000
Public Record
Sold
Mar 15, 2001
$380,000
Public Record