374 S 21st ST, San Jose, CA 95116

$1,365,000
3
BD
3
BA
744
SqFt

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List Price
$1,365,000
Price Change
▼ $60,000 1782866546
MLS#
ML82050838
Status
ACTIVE
Bedrooms
3
Total Bathrooms
3
Full Bathrooms
3
Sqft. of Residence
744
Lot Size
7,800
Listing Area
Central San Jose
Year Built
1930

Property Description

Exceptional investment and development opportunity in the heart of San Jose! Potentially 4 rental units situated on an approximately 7,800 sq.ft. lot, currently this property has total 1,493 SqFt features a newly renovated 1B1B main residence (744 SqFt) that has been fully updated with modern finishes. Additionally tremendous value is a newly constructed, detached 2B2B ADU (749 SqFt), offering excellent potential for rental income, multigenerational living, or owner-occupancy flexibility. The opportunity extends even further with plans approved by the City for an additional development DUPLEX with 2 stories 2 units 6B6B 2,376 Sfqft total (Each unit has 3beds 3baths; Approximately 1,200 SqFt per unit). Permit review is currently in progress, buyers can move directly toward permitting and construction by saving months (often 6-12+) of design review and approval time. Whether you are an investor, developer, or owner-user seeking multiple income streams, this rare property combines existing cash flow, brand-new improvements, and future development upside on a generously sized lot in a desirable San Jose location with convenient access to major highways, Downtown, major tech companies, and commuter routes, shopping, and dining. Welcome to check this gem in San Jose!

Additional Information

Acres
0.18
Cooling System
Window / Wall Unit
Family Room
No Family Room
Floor Covering
Hardwood, Laminate, Vinyl / Linoleum
Foundation
Concrete Perimeter
Garage Parking
Carport
Heating System
Wall Furnace
Laundry Facilities
In Utility Room
Living Area
744
Lot Size
7,800
Neighborhood
Central San Jose
Other Rooms
Storage, Laundry Room, Basement - Unfinished
Other Utilities
Public Utilities
Roof
Composition
Sewer
Sewer - Public
Zoning
R2

Listing courtesy of Fredy Feng, 650-608-5069 from Maxreal
(If provided) CoList: from

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