59 S 11th St San Jose, CA 95112
Naglee Park NeighborhoodEstimated payment $9,341/month
Highlights
- Downtown View
- High Ceiling
- Controlled Access
- Edwardian Architecture
- Walk-In Closet
- Tile Flooring
About This Home
Spacious and unique 2-story Victorian house with large backyard and deattached cottage. Home is 2,000 sqft, 5bd/4ba with high ceilings and a fireplace on the first floor. 2 of the bedrooms and bathrooms are on the 1st floor for ease of access. The cottage adds another 1bd/1ba, 554 sqft of living space and has its own laundry and private garden. The property can accommodate large and/or multi-generational families. 2nd floor has a kitchenette for convenience. The large finished basement offers 525sqft of extra storage and the driveway can fit up to 4 cars. Prime downtown San Jose location close to dining, public transit, San Jose State University, San Pedro Square, Dr Martin Luther King Library, SAP center, the Tech Museum and more! Currently fully rented with an income of $7,700/mo ($92,400/yr). Rents easily and there are still opportunities to increase rent. This versatile property presents many options to the buyer. Buyer can take over lease and enjoy the cash flow until the lease ends next summer and then decide to owner occupy or just continue the income producing investment. Can also live in main home (5bd/4ba) and rent out cottage (1bd/1ba).
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $17,356
Year Built
- 1901
Lot Details
- 6,164 Sq Ft Lot
- Security Fence
- Sprinklers on Timer
- Grass Covered Lot
- Back Yard
Home Design
- Edwardian Architecture
- Victorian Architecture
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,000 Sq Ft Home
- 2-Story Property
- High Ceiling
- Downtown Views
- Washer and Dryer
- Finished Basement
Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
- Travertine
Bedrooms and Bathrooms
- Walk-In Closet
- Low Flow Toliet
- Low Flow Shower
Parking
- 4 Parking Spaces
- Covered Parking
- Uncovered Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Vented Exhaust Fan
- Heating System Uses Gas
- 220 Volts
Listing and Financial Details
Community Details
Building Details
- 5 Leased Units
- Gardener Expense $900
- Insurance Expense $1,835
- Maintenance Expense $1,272
- Manager Expense $245
- Utility Expense $3,096
- Operating Expense $24,533
- Gross Income $91,476
Additional Features
- 2,000 Sq Ft Building
- Controlled Access
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $17,356 | $1,280,054 | $773,722 | $506,332 |
| 2024 | $17,356 | $1,254,955 | $758,551 | $496,404 |
| 2023 | $17,014 | $1,230,349 | $743,678 | $486,671 |
| 2022 | $16,820 | $1,206,226 | $729,097 | $477,129 |
| 2021 | $16,430 | $1,182,575 | $714,801 | $467,774 |
| 2020 | $15,942 | $1,170,450 | $707,472 | $462,978 |
| 2019 | $15,553 | $1,147,500 | $693,600 | $453,900 |
| 2018 | $15,374 | $1,125,000 | $680,000 | $445,000 |
| 2017 | $12,694 | $890,000 | $600,000 | $290,000 |
| 2016 | $11,933 | $828,000 | $575,300 | $252,700 |
| 2015 | $10,691 | $720,000 | $430,000 | $290,000 |
| 2014 | $9,336 | $700,000 | $410,000 | $290,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | For Sale | $1,449,000 | -- | $725 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Old Republic Title Co | |
| Grant Deed | $1,125,000 | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $1,150,000 | Fidelity National Title Co | |
| Grant Deed | $760,000 | Fidelity National Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $710,000 | Commonwealth Land Title | |
| Grant Deed | $590,000 | Financial Title Company | |
| Interfamily Deed Transfer | $565,000 | Fidelity National Title Ins | |
| Individual Deed | $267,000 | North American Title Co | |
| Grant Deed | $165,000 | Old Republic Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $400,000 | Credit Line Revolving | |
| Open | $726,525 | New Conventional | |
| Closed | $500,000 | Commercial | |
| Previous Owner | $920,000 | Purchase Money Mortgage | |
| Previous Owner | $48,750 | Credit Line Revolving | |
| Previous Owner | $780,000 | Negative Amortization | |
| Previous Owner | $608,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Unknown | |
| Previous Owner | $200,000 | Unknown | |
| Previous Owner | $568,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $472,000 | Purchase Money Mortgage | |
| Previous Owner | $452,000 | Purchase Money Mortgage | |
| Previous Owner | $303,000 | Unknown | |
| Previous Owner | $300,000 | Unknown | |
| Previous Owner | $250,000 | Unknown | |
| Previous Owner | $240,033 | No Value Available | |
| Previous Owner | $156,700 | No Value Available | |
| Closed | $113,000 | No Value Available | |
| Closed | $118,000 | No Value Available | |
| Closed | $142,000 | No Value Available |
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