Welcome to 741 South 3rd Street, located in the East Virginia neighborhood of downtown. Recently updated with fresh paint outside and updated landscaping to improve the curb appeal, some of the units have also been updated in the last few years. Why consider this property? How about 2 properties on 1 lot, 6 Units in the main building, and 1 single family home offering 3 bedrooms & 1 bath in the back. Fully functional laundry area in the basement with coin operated appliances, as well as storage areas that offer endless opportunities. Take a look at that fenced court yard, can be updated to include BBQ area/recreation area for tenants to hang out. Take a look at all that parking in the back of the unit as well. Never any issue keeping this property rented because of the ideal location. Close to shopping, freeways, schools including San Jose state, Close to ZOOM, PWC, Adobe, WeWork, and the incoming Google Campus.
Sold for $1,780,000
$1,780,000
741 S 3rd St, San Jose, CA 95112
11beds
4,510sqft
MultiFamily
Built in 1904
-- sqft lot
$-- Zestimate®
$395/sqft
$1,386 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,386/mo
Zestimate® history
Owner options
List your home for rent
$1,386/mo
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$1,386/mo
Rent Zestimate®
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$11,192/mo
Est. payment
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$11,192/mo
Est. payment
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List your homeWhat's special
Close to zoomFresh paint outsideClose to shoppingStorage areasCurb appeal
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 7
- Full bathrooms: 7
Heating
- None, Forced air, Wall
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
- Laundry: Coin Operated, Washer / Dryer
Features
- Has fireplace: No
Interior area
- Total interior livable area: 4,510 sqft
Property
Parking
- Parking features: None
Lot
- Size: 10,750 sqft
Details
- Parcel number: 47217069
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Composition
Condition
- Year built: 1904
Utilities & green energy
- Utilities for property: Public Utilities
Community & neighborhood
Security
- Security features: Other
Location
- Region: San Jose
Other
Other facts
- Listing Class: Commercial Multi-Residential (5+ units)
- Heating: Wall Furnace, Central Forced Air
- Listing Status: Active
- Listing Type: Exclusive Right to Sell
- Lot Size Area Maximum Units: Square Feet
- Lot Size Area Minimum Units: Square Feet
- Meters: Separate Electric, Separate Gas
- Structure SqFt Source: Assessor
- Subclass: Five or More Units
- Water: Public
- Roof: Composition
- Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Countertop - Granite, Cooktop - Gas, Oven - Gas, Exhaust Fan, Hookups - Gas, Refrigerator
- Lot Description: Grade - Level
- Foundation: Concrete Perimeter and Slab, Pillars / Posts / Piers, Post and Beam
- Garage Parking Features: Common Parking Area, Assigned Spaces, Tandem Parking
- Utilities: Public Utilities
- Cooling: Ceiling Fan
- Laundry: Coin Operated, Washer / Dryer
- Additional Rooms: Storage, Laundry Room, Basement - Finished
- Sewer Septic: Sewer - Public
- Security Features: Other
- Additional Listing Info: Not Applicable
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2024 | Sold | $1,780,000-28.8%$395/sqft |
Source: Public Record Report a problem | ||
| 4/22/2022 | Listing removed | -- |
Source:  MLSListings Inc Report a problem | ||
| 3/23/2022 | Listed for sale | $2,500,000+4.2%$554/sqft |
Source: MLSListings Inc #ML81883650 Report a problem | ||
| 12/31/2021 | Listing removed | -- |
Source: MLSListings Inc Report a problem | ||
| 11/29/2021 | Contingent | $2,400,000$532/sqft |
Source: MLSListings Inc #ML81863504 Report a problem | ||
| 9/21/2021 | Listed for sale | $2,400,000+61.1%$532/sqft |
Source: MLSListings Inc #ML81863504 Report a problem | ||
| 4/10/2015 | Sold | $1,490,000$330/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,222 +6.2% | $1,790,745 +2% |
| 2024 | $23,754 +2.3% | $1,755,634 +2% |
| 2023 | $23,220 +0.7% | $1,721,211 +2% |
| 2022 | $23,064 +2.3% | $1,687,463 +2% |
| 2021 | $22,554 +1.6% | $1,654,376 +1% |
| 2020 | $22,207 | $1,637,413 +2% |
| 2019 | $22,207 +3% | $1,605,308 +2% |
| 2018 | $21,559 | $1,573,833 +2% |
| 2017 | $21,559 +0.8% | $1,542,975 +2% |
| 2016 | $21,377 +107.7% | $1,512,722 +238% |
| 2015 | $10,294 | $447,506 +2% |
| 2014 | $10,294 | $438,741 +0.5% |
| 2013 | -- | $436,759 +2% |
| 2012 | -- | $428,196 +179.2% |
| 2011 | -- | $153,339 +0.8% |
| 2010 | -- | $152,194 -0.2% |
| 2009 | -- | $152,556 +2% |
| 2008 | -- | $149,566 +2% |
| 2007 | -- | $146,634 +2% |
| 2006 | -- | $143,760 +2% |
| 2005 | -- | $140,942 +2% |
| 2004 | -- | $138,180 +1.9% |
| 2003 | -- | $135,649 +2% |
| 2002 | -- | $132,990 +2% |
| 2001 | -- | $130,383 |
Find assessor info on the county website
Neighborhood: Fairgrounds
Nearby schools
GreatSchools rating
- 4/10Washington Elementary SchoolGrades: K-5Distance: 0.4 mi
- 4/10Herbert Hoover Middle SchoolGrades: 6-8Distance: 2.4 mi
- 7/10Abraham Lincoln High SchoolGrades: 9-12Distance: 2.4 mi
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