205 South 12th Street

San Jose, CA 95112

$1,699,999
Price
Beds
2,040 Sq. Ft.
$833 / Sq. Ft.
2,040
Sq. Ft.
$833
per Sq. Ft.

Description

This single-family home is legally permitted as SRO single room occupancy. Approved by the city to be rented each room separately. Property just a few blocks from San Jose State University. This is a nice and clean two story, 7 bed/ 3 bath with total living space 2,040 SqFt,(Plus 2 bonus finish rooms in basement) . Large lot just over 6,500 SqFt. Currently renting to 7 different students with great rental income! Current Monthly Income is $6887. Each room has its own refrigerator. Plenty of room...This single-family home is legally permitted as SRO single room occupancy. Approved by the city to be rented each room separately. Property just a few blocks from San Jose State University. This is a nice and clean two story, 7 bed/ 3 bath with total living space 2,040 SqFt,(Plus 2 bonus finish rooms in basement) . Large lot just over 6,500 SqFt. Currently renting to 7 different students with great rental income! Current Monthly Income is $6887. Each room has its own refrigerator. Plenty of room in the back for ADU. Conveniently located nearby Downtown San Jose, Walmart SuperCenter, Happy Hollow Park & Zoo, plenty of shops and restaurants. Easy access to Highway 87, 280 and 680. As apartment rent rates continue to rise, more and more demand shows for single room rentals and especially near the college school campus area!
  1. Listed by Meidan Mike Magen • DRE #01911743 • Brokerage DRE #02014153 • Probity Real Estate • 408-595-7836

Property Details for 205 South 12th Street

MLS City Name
SAN JOSE
Building Type
OTHER
Garage Spaces
0
Parking Spaces
4
Cross Street
E San Antonio St

Location

Listing Courtesy of Probity Real Estate, Meidan Mike Magen, DRE #01911743
Add your commute
LISTING UPDATED: 03/29/2024 10:03 AM

Property Details for 205 South 12th Street

StatusPending ( Do Not Show )
MLS #ML81947483
Days on Compass139
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeOther
MLS TypeRESIDENTIAL INCOME / OTHER
Year Built1903
Lot Size0.15 AC / 6,585 SF
CountySanta Clara County

Location

Listing Courtesy of Probity Real Estate, Meidan Mike Magen, DRE #01911743
Add your commute

Virtual Tour

Building Information for 205 South 12th Street

Stories2Residences-Year Built1903Lot Size0.15 AC / 6,585 SF

Payment Calculator

$9,729 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,278

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 205 South 12th Street

Features
External Links
Features
  • Fireplace: No
  • Living SqFt: 2040
  • Pool: No
  • Security Features: None
  • Special Features: Other
Utilities
  • Cooling: Other
  • Heating: Other
  • Meters: Master Electric, Master Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Carport, No Garage, On Street
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Shingle
  • Subclass: Multiple Dwellings / Structures
  • Year Built Source: Assessor
  • Street Number: 205
  • Street Name: 12th
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 2040
  • Structure SqFt Source: Assessor
  • Age: 120
Development Information
  • Zoning Detail: R1
Location Information
  • Parcel Number: 467-41-045
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95112
  • Elementary School District: 482
  • High School District Text: San Jose Unified
Lot Information
  • Foundation: Crawl Space, Raised
  • Horse Property: No
  • Lot Acres: .15
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 7
General Information
  • Capitalization Rate: 4.80
  • Tenant Expenses: Services - Gardener/Landscaping, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 0
Income / Expense Details
  • Expense Insurance: $0
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $0
  • Operating Expenses Include: None
  • Gross Rent Multiplier: 20.83
  • Income Annual Gross: $81,600
  • Income Annual Rental: $81,600
  • Income Gross Scheduled: $81,600
  • Income Other: $0

Property History for 205 South 12th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 205 South 12th Street

Taxable ValueLand$97,600Additions$110,774Total$208,374
Tax Record2023$5,407 ($451 / month)
Home Facts
Beds4Total Finished SqFt2,040 SqFtAbove Grade Finished SqFt2,040 SqFtStories2Lot Size5,248 SqFtStyleSingle Family ResidenceYear Built1903ZoningR1CountySANTA CLARAAPN467-41-045Fireplace TypeHas Fireplace

Schools near 205 South 12th Street

This home is within San Jose Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 5 to 8
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
Charter5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Probity Real Estate, Meidan Mike Magen, DRE #01911743

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.