627 S 3rd Street
San Jose, CA 95112
- 9 beds
- 4 baths
- 2,388 sqft
- 4,250 sqft lot
- $627 per sqft
- 1898 build
- – on site
EXCELLENT INCOME PROPERTY! Perfect for an investor or income-minded buyer who likes to live in one unit & rent out the rest for income. The county record shows "use code" as 4 plex with any combination. Currently, it is a triplex used as open 9 bedrooms, 4 baths, 3 kitchens, plus Living room and a family den. 2-car detached garage is used as a recreational room. ADU potential! 3-4 cars fit inside the backyard. Low-maintenance backyard for BBQ or entertaining. MANY UPDATES SINCE 2018, IT INCLUDES ROOF replacement, downstairs AC, replaced most of the windows, entire interior painting, LVP floor and carpet, 2 tankless water heaters, water softener, SS appliances) (3 refrigerators & 2 sets of washer/dryer). There are 3 gas meters, one master water meter. Before COVID-19 in 2019, owners' rent roll with all rooms leased was about $105,000. Reduced vacancy since 2020 to better observe county's Covid restriction. Among the current 9 rooms, there is a primary suite with 1 of the 3 kitchens, a private bath, and a separate entrance. This property can be converted back to a triplex easily. Short walk to vibrant Downtown, San Jose State University, S.J. Convention Center, cafes & restaurants. Companies & SJU are shifting back to in-person work & learning, Great income growth Opportunity!
Last checked:
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Last updated Apr 29, 2025
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MLS# ML82003644 —
This home is listed in more than one place. See it here, and here.
The Building
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Year Built:1898
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Year Built Source:Assessor
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New Construction:No
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Roof:Shingle
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Stories Total:2
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Common Walls:No Common Walls
Interior
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Flooring:Carpet, Laminate, Tile
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Room Type:Den
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Living Area Source:Assessor
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Fireplace:No
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Laundry:Outside
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Laundry:1
Room Dimensions
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Living Area:2388.00
Location
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Directions:Cross Street: Reed
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Latitude:37.32745050
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Longitude:-121.88163325
The Property
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Property Type:Residential
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Subtype:Single Family Residence
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Zoning:RM
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Lot Size Area:4250.0000
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Lot Size Acres:0.0976
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Lot Size SqFt:4250.00
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Lot Size Source:Other
Listing Agent
- Contact info:
- No listing contact info available
Beds
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Total Bedrooms:9
Baths
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Total Baths:4
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Full & Three Quarter Baths:3
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Full Baths:3
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Half Baths:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:47226047
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Microwave
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Included:Yes
Schools
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High School District:San Jose Unified
The Community
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Association:No
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Assessments:No
Parking
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Parking Spaces:4.00
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Attached Garage:No
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Garage Spaces:2.00
Monthly cost estimate
Asking price
$1,498,888
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$8,026
|
| Taxes | N/A |
| Insurance | $412 |
| Utilities | $270 See report |
| Total | $8,708/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/23/25
Apr 23, 2025
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Listed / Active | CRMLS_CA | $1,498,888 | 24.9% (3.3% / YR) |
|
8/12/24
Aug 12, 2024
|
Price Changed | CRMLS_CA | ||
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4/1/24
Apr 1, 2024
|
Listed / Active | CRMLS_CA |
64% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $150k above asking price on average, but some went as high as $726k over asking price.
