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Sold for $3,650,000
  • $3,650,000

    North 3rd, San Jose, CA 95112

    1beds
    2baths
    12,587sqft
    Five Or More Units, Residential Income
    Built in 1930
    -- sqft lot
    $3,855,300 Zestimate®
    $290/sqft
    $1,995 Estimated rent

    Home value

    $3,855,300

    $3.20M - $4.63M

    $1,995/mo

    Zestimate® history
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    $23,189/mo

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    What's special

    21-unit, Art Deco style building! The 3-story structure consists of 19 studios, approx. 410 SF & 2, 1/BR/1BA units approx. 675 SF. Property is a significant remodel/upgrade opportunity. The building and ALL the units are in very poor condition and in need of major capital improvements including electrical and plumbing systems. BUYER TO VERIFY ALL WORK AND PERMITS REQUIRED. The building has been identified as a Structure of Merit as Defined in the San Jose 2040 General Plan. A Structure of Merit is considered An important historic property or feature of lesser significant, and that does not qualify as a City Landmark or for the California or National Registers but attempts should be made for preservation to the extent feasible under the 2040 General Plan goals and policies. Buyers should contact the City of San Jose Planning department for renovation or redevelopment plan. The building is being sold "As-Is" in its current condition with all the contents.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Shields 01327546 408-356-1900,

    SiliconValley MultiFamilyGroup 408-356-1900

    Bought with:

    , 01955118

    Trajectory Real Estate

    Source: MLSListings Inc,MLS#: ML81936146MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 2
    Heating
    • None
    Cooling
    • None
    Features
    • Flooring: Carpet, Hardwood, Other, Unfinished, Vinyl Linoleum
    • Doors: None
    Interior area
    • Total structure area: 12,587
    • Total interior livable area: 12,587 sqft

    Property

    Parking
    • Parking features: None
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 5,096 sqft
    Details
    • Parcel number: 46701079
    • Zoning: CO
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units, Residential Income
    Materials
    • Foundation: Other
    • Roof: Flat, TarGravel
    Condition
    • Year built: 1930

    Utilities & green energy

    • Gas: IndividualGasMeters, PublicUtilities
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Public Utilities, Water Public

    Community & neighborhood

    Location
    • Region: San Jose

    Other

    Other facts
    • Listing agreement: ExclusiveAgency
    • Listing terms: CashorConventionalLoan

    Price history

    DateEventPrice
    9/26/2023Sold$3,650,000-2.7%$290/sqft
    Source: MLSListings Inc #ML81936146 Report a problem
    9/21/2023Pending sale$3,750,000$298/sqft
    Source: MLSListings Inc #ML81936146 Report a problem
    8/11/2023Contingent$3,750,000$298/sqft
    Source: MLSListings Inc #ML81936146 Report a problem
    7/25/2023Listed for sale$3,750,000$298/sqft
    Source: MLSListings Inc #ML81936146 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Downtown

    Nearby schools

    GreatSchools rating
    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
    $3,855,300
    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
    $3,855,300