Bought with Seadorra Aslani • Intero Real Estate Services
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Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $500
MLS Listing ID ML82033939
Style Victorian
Bedrooms 6
Full Baths 3
Year Built 1900
Lot Size 6,348 Sqft
Property Sub-Type Single Family Home
Property Description
Located just minutes from San Jose State University and downtown San Jose, 362 N 7th St offers a rare opportunity to acquire an income-producing property with long-term upside in a highly desirable rental corridor. Originally built in 1900, this spacious 6-bedroom, 3-bathroom home (buyer to verify) combines historic character with strong investment potential. Currently configured with six tenants generating approximately $4,500 in monthly rental income, the property provides immediate cash flow with the option to retain existing occupants for a smooth transition. Its flexible layout and generous lot size open the door to a variety of future possibilities, whether maintaining as a rental, enhancing value through improvements, or exploring development potential (buyer to verify). Positioned near San Jose State University, major transportation routes, and the vibrant downtown core, the location benefits from consistent rental demand driven by students, professionals, and long-term residents alike. This is an excellent opportunity for investors, house hackers, or buyers seeking a property with both current income and future potential in one of San Joses most dynamic neighborhoods.
Location
State CA
County Santa Clara
Area Central San Jose
Zoning RM
Rooms
Family Room Separate Family Room
Dining Room Dining Area
Kitchen Cooktop - Gas, Exhaust Fan, Oven Range - Gas, Refrigerator
Interior
Heating Gas
Cooling None
Laundry Washer / Dryer
Exterior
Exterior Feature Back Yard
Parking Features Drive Through, Room for Oversized Vehicle, Uncovered Parking
Utilities Available Public Utilities
Roof Type Composition,Shingle
Building
Story 1
Foundation Concrete Perimeter, Crawl Space
Sewer Sewer - Public
Water Public
Others
Special Listing Condition Not Applicable
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