627 South 3rd Street

San Jose, CA 95112

$1,588,000
Price
9
Beds
3
Baths
1
1/2 Bath
2,388 Sq. Ft.
$665 / Sq. Ft.
2,388
Sq. Ft.
$665
per Sq. Ft.

Description

Excellent income property! Perfect for investors or income-minded buyers who can live in the building & rent out the rest. The county record shows "use code" as "3-4 units, any combination. Currently, it is used as 9 beds, 4 baths, 3 kitchens +2 dens. The 2-car detached garage is used as a recreational space. Another 4 cars in tandem could park inside the spacious gated yard. MANY UPDATES SINCE 2018, (NCLUDES NEW ROOF, downstairs AC, replaced most of the windows, LVP floor and carpet, 2 tankless...Excellent income property! Perfect for investors or income-minded buyers who can live in the building & rent out the rest. The county record shows "use code" as "3-4 units, any combination. Currently, it is used as 9 beds, 4 baths, 3 kitchens +2 dens. The 2-car detached garage is used as a recreational space. Another 4 cars in tandem could park inside the spacious gated yard. MANY UPDATES SINCE 2018, (NCLUDES NEW ROOF, downstairs AC, replaced most of the windows, LVP floor and carpet, 2 tankless water heaters, water softener, SS kitchen appliances, 2 sets of washer/dryer). 3 gas meters & 1 master water meter. Before Covid in 2019, the owner's rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county Covid restriction! 1 of the 9 rooms is a studio w/1 of the 3 kitchens, private bath & entrance! In the heart of Downtown, Walk to San Jose State University, near cafes, restaurants & HWY280! Previous owner used the studio as the owner's unit and rented out the rest for income, future owner could easily use it as a Triplex If they wish, very flexible floor plan. As downtown companies are asking employees to come back in person and university staff & students are back in person, this property is in an excellent position for income growth!
  1. Listed by Jessica Chung Yau • DRE #01406732 • Brokerage DRE #01354442 • Intero Real Estate Services • 650-283-9525

Property Details for 627 South 3rd Street

MLS City Name
SAN JOSE
Building Type
Detached
Garage Spaces
2
Parking Spaces
4
Cross Street
Reed

Location

Listing Courtesy of Intero Real Estate Services, Jessica Chung Yau, DRE #01406732
Add your commute
LISTING UPDATED: 04/14/2024 12:20 AM

Property Details for 627 South 3rd Street

StatusActive
MLS #ML81959543
Days on Compass31
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family Homes / Detached
Year Built1898
Lot Size0.10 AC / 4,250 SF
CountySanta Clara County

Location

Listing Courtesy of Intero Real Estate Services, Jessica Chung Yau, DRE #01406732
Add your commute

Building Information for 627 South 3rd Street

Stories2Year Built1898Building Size-Lot Size0.10 AC / 4,250 SF

Payment Calculator

$10,367 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,666

Property Taxes

$1,701

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 627 South 3rd Street

Features
Room Information
  • Additional Rooms: Den / Study / Office
  • Dining Room: No Formal Dining Room
  • Family Room: Separate Family Room
  • Kitchen: Dishwasher, Microwave, Oven Range, Refrigerator
  • Number of Full Bathrooms: 3
  • Number of Half Bathrooms: 1
Features
  • Amenities: High Ceiling
  • Fireplace: No
  • Flooring: Carpet, Laminate, Tile
  • Laundry: Inside, Outside, Washer / Dryer
  • Living SqFt: 2388
  • Pool: No
Utilities
  • Cooling: Central AC
  • Heating: Central Forced Air
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public, Water Softener - Owned
Garage
  • Garage and Parking: Enclosed
  • Garage Max: 2
  • Garage Min: 2
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Shingle
  • Stories: Two Story
  • Subclass: Single Family Home
  • Year Built Source: Assessor
  • Street Number: 627
  • Street Name: 3rd
  • Street Direction Prefix: South
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Structure SqFt: 2388
  • Structure SqFt Source: Assessor
  • Age: 126
Development Information
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Parcel Number: 472-26-047
  • 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: Other
  • Horse Property: No
  • Lot Acres: .10
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Other
Mobile / Manufactured Information
Other Information
  • Dual Variable: Yes

Property History for 627 South 3rd 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 627 South 3rd Street

Taxable ValueLand$918,660Additions$393,711Total$1,312,371
Tax Record2023$20,416 ($1,701 / month)
Home Facts
Total Finished SqFt2,388 SqFtAbove Grade Finished SqFt2,388 SqFtStories2Lot Size4,250 SqFtStyleQuadraplexYear Built1898ZoningRMCountySANTA CLARAAPN472-26-047Fireplace TypeHas Fireplace

Schools near 627 South 3rd 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
Gardner Elementary School
PublicK to 5

Herbert Hoover Middle School
Public6 to 8

Abraham Lincoln High School
Public9 to 12

Downtown College Preparatory Middle
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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627 South 3rd Street is a single family home for sale in San Jose, CA 95112. This property was listed for sale on April 1, 2024 by Intero Real Estate Services, it's currently listed at $1,588,000. It has been on the market for a total of 31 days and was last sold on October 26, 2017. This listing's school district is San Jose Unified School District. Nearby schools include Gardner Elementary School, Herbert Hoover Middle School and Abraham Lincoln High School. 627 South 3rd Street is a 9-bed, 3.5-bath, 2,388 sqft single family home built in 1898.

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 Intero Real Estate Services, Jessica Chung Yau, DRE #01406732

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.