374 S 21st Street,San Jose, CA 95116
San Jose, CA 95116
Description
Exceptional investment and development opportunity in the heart of San Jose! Potentially 4 rental units situated on an approximately 7,800 sq.ft. lot, currently this property has total 1,493 SqFt features a newly renovated 1B1B main residence (744 SqFt) that has been fully updated with modern finishes. Additionally tremendous value is a newly constructed, detached 2B2B ADU (749 SqFt), offering excellent potential for rental income, multigenerational living, or owner-occupancy flexibility. The opportunity extends even further with plans approved by the City for an additional development DUPLEX with 2 stories 2 units 6B6B 2,376 Sfqft total (Each unit has 3beds 3baths; Approximately 1,200 SqFt per unit). Permit review is currently in progress, buyers can move directly toward permitting and construction by saving months (often 6-12+) of design review and approval time. Whether you are an investor, developer, or owner-user seeking multiple income streams, this rare property combines existing cash flow, brand-new improvements, and future development upside on a generously sized lot in a desirable San Jose location with convenient access to major highways, Downtown, major tech companies, and commuter routes, shopping, and dining. Welcome to check this gem in San Jose!
Details
| MLS # | ML82050838 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 75 |
| Listing Provided By | Maxreal | Fredy Feng |
Features
| Bed(s) | 3 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 744 |
| Car Port | Yes |
| Story(s) | 1 |
| Zoning | R2 |
| Acreage | 0.18 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Dishwasher |
| Fireplace Yes / No | No |
Exterior
| Roof | Composition |
|---|---|
| Foundation Details | Concrete Perimeter |
Parking
| Attached Garage Yes / No | No |
|---|---|
| Parking Features | Carport |
| Garage Yes / No | No |
Utilities
| Sewer | Public Sewer |
|---|
Area Information
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95116 |
| Area | 699 Not Defined |
| Listing VS Median (in 95116) | |
Price: $1,365,000 low | high Med: $1,575,000 sqft: 744 low | high Med: 3,583 $ / sqft: $1,835 low | high Med: $440 On site: 75 low | high Med: 62 | |
Market Activity 95116
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Learn More About This Property
| State | CA |
|---|---|
| County | Santa Clara |
| City | San Jose |
| Zip Code | 95116 |
| Area | 699 Not Defined |
| Listing VS Median (in 95116) | |
Price: $1,365,000 low | high Med: $1,575,000 sqft: 744 low | high Med: 3,583 $ / sqft: $1,835 low | high Med: $440 On site: 75 low | high Med: 62 | |