**FIXER UPPER/CONTRACTOR'S SPECIAL/DEVELOPMENT OPPORTUNITY**Located in the central Rose Garden neighborhood of San Jose, 946 University Avenue is a unique opportunity to acquire a vacant 4 unit complex on a sizeable 14,600 square foot lot. The property currently features a unit mix of (3) 1 BR 1 BA and (1) 2 BR 1 BA which makes it an ideal value add investment property. Additionally plans for a larger duplex and two detached ADUs are currently under review which provide an additional option.
The propertys convenient location provides easy access to I-880, essential retailers, and popular points of interest such as Paypal Park, The SAP Center, and SJC Mineta Airport.
The propertys location, development potential and local market strength make it ideal for investors seeking a value add opportunity or for owner/users interested in developing their own family compound.
Sold for $1,760,000
$1,760,000
946 University Ave, San Jose, CA 95126
5beds
2baths
2,548sqft
Residential Income
Built in 1905
-- sqft lot
$1,722,400 Zestimate®
$691/sqft
$3,368 Estimated rent
Home value
$1,722,400
$1.55M - $1.89M
$3,368/mo
Zestimate® history
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$3,368/mo
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$3,368/mo
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$11,389/mo
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Zillow last checked:
Listing updated:
Listed by:
Theodore Wong 02016737 510-384-9721,
Compass 408-427-8963,
Sam Jalili 02053100 408-316-2157,
Compass
Bought with:
, 02146792
Magnify Real Estate
Source: MLSListings Inc,MLS#: ML81955541
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
Heating
- Other
Cooling
- None
Features
- Flooring: Carpet
- Doors: None
Interior area
- Total structure area: 2,548
- Total interior livable area: 2,548 sqft
Property
Parking
- Parking features: Off Street
- Has carport: Yes
Accessibility
- Accessibility features: None
Features
- Stories: 2
Lot
- Size: 0.33 Acres
Details
- Parcel number: 26112032
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Residential Income
Materials
- Foundation: Wood Frame
- Roof: Wood
Condition
- Year built: 1905
Utilities & green energy
- Gas: IndividualGasMeters
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Public, Individual Electric Meters, Individual Gas Meters
Community & HOA
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $691/sqft
- Tax assessed value: $1,795,200
- Annual tax amount: $25,988
- Date on market: 2/27/2024
- Listing agreement: ExclusiveRightToSell
- Inclusions: None
- Lease term: Other
Price history
| Date | Event | Price |
|---|---|---|
| 3/7/2024 | Sold | $1,760,000-7.1%$691/sqft |
Source:  MLSListings Inc #ML81955541 Report a problem | ||
| 2/27/2024 | Pending sale | $1,895,000$744/sqft |
Source: MLSListings Inc #ML81955541 Report a problem | ||
| 5/31/2023 | Listing removed | -- |
Source:  MLSListings Inc #ML81928477 Report a problem | ||
| 5/17/2023 | Listed for sale | $1,895,000+9.9%$744/sqft |
Source: MLSListings Inc #ML81928477 Report a problem | ||
| 7/20/2021 | Sold | $1,725,000+15%$677/sqft |
Source: MLSListings Inc #ML81845747 Report a problem | ||
| 5/25/2021 | Listed for sale | $1,499,888+386.2%$589/sqft |
Source: MLSListings Inc #ML81845747 Report a problem | ||
| 7/24/1998 | Sold | $308,500$121/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $24,241 +4.6% | $1,795,200 +0% |
| 2024 | $23,183 +2.1% | $1,794,690 +2% |
| 2023 | $22,710 -5.4% | $1,759,500 +2% |
| 2022 | $24,007 +654.9% | $1,725,000 +2122.2% |
| 2021 | $3,180 +0.7% | $77,627 +1% |
| 2020 | $3,158 | $76,832 +2% |
| 2019 | $3,158 +4.5% | $75,327 +2% |
| 2018 | $3,022 | $73,851 +2% |
| 2017 | $3,022 +1.8% | $72,404 +2% |
| 2016 | $2,970 +9.9% | $70,985 +1.5% |
| 2015 | $2,701 +9.1% | $69,920 +2% |
| 2014 | $2,476 | $68,552 +0.5% |
| 2013 | -- | $68,243 +2% |
| 2012 | -- | $66,906 +2% |
| 2011 | -- | $65,595 +0.8% |
| 2010 | -- | $65,106 -0.2% |
| 2009 | -- | $65,262 +2% |
| 2008 | -- | $63,984 +2% |
| 2007 | -- | $62,730 +2% |
| 2006 | -- | $61,501 +2% |
| 2005 | -- | $60,296 +2% |
| 2004 | -- | $59,114 +1.9% |
| 2003 | -- | $58,032 +2% |
| 2002 | -- | $56,895 +2% |
| 2001 | -- | $55,780 |
Find assessor info on the county website
Neighborhood: Downtown
Nearby homes
- $1,871,8003 bd2 ba2.2k sqft970 University Ave, San Jose, CA 95126Off Market
- $1,395,5003 bd2 ba1.5k sqft932 University Ave, San Jose, CA 95126Off Market
- $1,269,3002 bd2 ba1.4k sqft839 Elm St, San Jose, CA 95126Off Market
- $1,900,0004 bd2 ba1.9k sqft918 University Ave, San Jose, CA 95126Sold
- $1,907,8005 bd2 ba3.1k sqft821 Elm St, San Jose, CA 95126Off Market
- $1,309,2002 bd1 ba1k sqft838 Myrtle St, San Jose, CA 95126Off Market
- $1,293,3003 bd2 ba1.6k sqft902 University Ave, San Jose, CA 95126Off Market
- $2,178,5005 bd3 ba2.9k sqft992 University Ave, San Jose, CA 95126Off Market
Nearby schools
GreatSchools rating
- 5/10Merritt Trace Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Herbert Hoover Middle SchoolGrades: 6-8Distance: 0.7 mi
- 7/10Abraham Lincoln High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: SanJoseUnified
Source: MLSListings Inc. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,722,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,722,400
- California
- Santa Clara County
- San Jose
- 95126
- Downtown
- 946 University Ave
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