$2,260,000

431 E Saint John St San Jose, CA 95112

Northside Neighborhood

Estimated payment $14,066/month

Total Views 5,968
5 Beds
5 Baths
5,069 Sq Ft
$446 Price per Sq Ft

Highlights

  • Wood Flooring
  • Storage Room
  • Coin Laundry
  • Double Pane Windows
  • Forced Air Heating System
  • Courtyard

About This Home

Exceptional turnkey investment property available at 431 E. Saint. John St., San Jose, which is located in the vibrant downtown San Jose, a few blocks from Japan Town, San Jose State University, nearly SAP Center, San Jose International Airport, etc. This well-maintained multi-family property presents excellent income with high housing demand. Currently, the property is rented to long-term tenants and features six units, three with 2 bedrooms/1 bathroom, two with 1 bedroom/1 bath, one with 3 bedrooms/2 baths, and one storage room. On-site coin op laundry. New dual pane windows, fresh exterior paint, paver driveway, 6-car carport. This prime location offering residents convenient access to local attractions, shopping centers, restaurants, parks, schools, and many hi-tech employment opportunities with large employers like Adobe, Cisco, Zoom, Ebay, and Paypal, etc.

Listing Agent

Byron Tseng

Anet Investments License #01352295 Listed on: 10/07/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • 1963

Lot Details

  • 7,588 Sq Ft Lot
  • Security Fence
  • Grass Covered Lot

Home Design

  • Wood Frame Construction
  • Tar and Gravel Roof
  • Concrete Perimeter Foundation
  • Stone

Interior Spaces

  • 5,069 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Storage Room

Kitchen

  • Electric Oven
  • Range Hood
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • Low Flow Toliet
  • Low Flow Shower

Parking

  • 2 Parking Spaces
  • 6 Carport Spaces

Utilities

  • Forced Air Heating System
  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

Community Details

Overview

Amenities

  • Courtyard
  • Coin Laundry

Building Details

  • 6 Leased Units
  • Gardener Expense $1,320
  • Insurance Expense $2,928
  • Maintenance Expense $1,000
  • Other Expense $1,000
  • Utility Expense $10,328
  • Trash Expense $2,344
  • Operating Expense $35,387
  • Gross Income $151,582

Property Details

Home Type

Multi-Family

Year Built

1963

Lot Details

0

Listing Details

  • Zoning: RM
  • Subclass: Multiple Dwellings / Structures
  • Listing Class: Residential Income (2-4 Units)
  • Structure Sq Ft: 5069
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1963

Interior Features

  • Kitchen: Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 5069
  • Stories: 2
  • Security: Security Fence
  • Laundry: Coin Operated
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Storage

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Tar And Gravel
  • Yard/Grounds: Courtyard, Fenced, Low Maintenance
  • Construction Type: Concrete, Stone, Wood, Wood Frame

Garage/Parking

  • Parking Spaces: 2
  • Garage Parking Features: Carport
  • Carport Min: 6

Utilities

  • Heating System: Central Forced Air - Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1742
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7590.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7590.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Shower, Low Flow Toilet

Rental Info

  • Existing Lease Term(s): Lease Agreement - Written, Month To Month, Res/Comm Rental, Security Deposit
  • Gross Rent Multiplier: 14.16
  • Number Of Leased: 6

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Expense Insurance: 2928
  • Expense Landscape: 1320
  • Expense Maintenance: 1000
  • Expenses Other: 1000
  • Expenses Total: 35387
  • Expenses Utility: 10328
  • Expense Trash: 2344
  • Income Annual Gross: 151582.00
  • Income Annual Rental: 157560
  • Income Gross Scheduled: 159560
  • Income Includes: Coin Operated Equip, Rents
  • Income Other: 2000
  • Meters: Master Electric, Master Gas, Master Water, Separate Electric, Separate Gas
  • Number Of Buildings: 1
  • Operating Expenses Include: Fee - Property Tax, Insurance, Loan - Principle & Interest, Maintenance, Maintenance - Repair, Services - Gardener, Services - Trash Removal, Supplies, Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water, Vacancy Factor
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Heating
  • Vacancy Factor: 5

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 For Sale $2,260,000 -- $446 / Sq Ft
Source: MLSListings

Source: MLSListings

MLS Number: ML82024120

MLSListings
California Santa Clara County San Jose 95112 Northside

431 E Saint John St, San Jose, CA

For Sale

MultiFamily

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Nearby Homes
Listing Agent
Byron Tseng
Section Image
Anet Investments
(650) 862-8088