324 North 3rd Street

San Jose, CA 95112

$1,595,000
Price
Beds
3,400 Sq. Ft.
$469 / Sq. Ft.
3,400
Sq. Ft.
$469
per Sq. Ft.

Description

Located in the Hensley Historic Landmark District of San Jose this unique duplex has two very large three bedroom/two bath units. The property is ideal as either a rental property or an owner-occupied building. The two units each consist of three bedrooms, two full baths, a living room or dining room, a laundry room, storage areas, and ample parking. The units are large, with the downstairs unit (324) approximately 1250 SF in size, and the upstairs unit (326) approximately 1375 SF in size. Buyer...Located in the Hensley Historic Landmark District of San Jose this unique duplex has two very large three bedroom/two bath units. The property is ideal as either a rental property or an owner-occupied building. The two units each consist of three bedrooms, two full baths, a living room or dining room, a laundry room, storage areas, and ample parking. The units are large, with the downstairs unit (324) approximately 1250 SF in size, and the upstairs unit (326) approximately 1375 SF in size. Buyer to verify unit size and sqft to their own satisfaction Built in 1910 and located in the Hensley Historic District. There is a wood structure parking garage/storage area in the rear of the property. Due to the size of the lot, the structure might be eligible for an Additional Dwelling Unit (ADU). Buyer to verify any building plans with the City of San Jose, Planning Department. The downstairs unit (324) was recently remodeled. Full marketing package, reports & disclosures available.
  1. Listed by Michael Shields • DRE #01327546 • Brokerage DRE #01327546 • SiliconValley MultiFamilyGroup • 408-356-1900

Property Details for 324 North 3rd Street

MLS City Name
SAN JOSE
Building Type
DUPLEX
Style
Traditional
Garage Spaces
0
Parking Spaces
4
Cross Street
E. Julian Street
LISTING UPDATED: 12/12/2024 04:04 PM

Property Details for 324 North 3rd Street

StatusActive
MLS #ML81988211
Days on Compass12
Taxes$21,746 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeRESIDENTIAL INCOME / DUPLEX
Year Built1910
Lot Size0.14 AC / 5,980 SF
CountySanta Clara County

Building Information for 324 North 3rd Street

Stories2Residences2Year Built1910Building Size-Lot Size0.14 AC / 5,980 SF

Property Information for 324 North 3rd Street

Features
Room Information
  • Additional Rooms: Storage
  • Kitchen: Countertop - Formica, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Tile, Vinyl / Linoleum
  • Laundry: Washer / Dryer
  • Living SqFt: 3400
  • Pool: No
  • Security Features: None
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public, Sewer Connected, Sewer in Street
  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Water: Individual Water Meter, Public
Carport and Parking
  • Carport Min: 1
Garage
  • Garage and Parking: Common Parking Area
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Area Text: Central San Jose
  • Roof: Composition
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 324
  • Street Name: 3rd
  • Street Direction Prefix: North
  • Street Suffix: Street
  • Area ID: 9
Lot / Property Details
Building Information
  • Number Of Stories: 2
  • Number of Buildings: 1
  • Structure SqFt: 3400
  • Structure SqFt Source: Assessor
  • Age: 114
Development Information
  • Construction Type: Wood Frame
  • Ownership Type: Individual
  • Zoning Detail: RM
Location Information
  • City Limits: Yes
  • Directions: Between East Julian & Hensley Street
  • Incorporated: Yes
  • Parcel Number: 249-46-028
  • 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: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .14
  • Lot Description: Regular
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $21,746
  • Building Unit Total: 2
  • Capitalization Rate: 2.86
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Hot Water, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 4
Income / Expense Details
  • Expense Insurance: $2,092
  • Expense Landscape: $0
  • Expense Maintenance: $4,027
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $2,686
  • Expenses Utility: $1,083
  • Expenses Total: $31,634
  • Operating Expenses Include: Fee - Property Tax, Insurance, Maintenance, Utilities
  • Gross Rent Multiplier: 19.84
  • Income Annual Gross: $77,988
  • Income Annual Rental: $80,400
  • Income Gross Scheduled: $80,400
  • Income Other: $0
Unit 1 Information
  • Unit 1 Full Bathrooms: 2
  • Unit 1 Half Bathrooms: 0
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $3,200
Unit 2 Information
  • Unit 2 Approx Square Footage: 1375
  • Unit 2 Full Bathrooms: 2
  • Unit 2 Half Bathrooms: 0
  • Unit 2 Number of Bedrooms: 3
  • Unit 2 Rent: $3,500
Unit Type 1
  • Unit Type1 Approx SqFt: 1250

Property History for 324 North 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 324 North 3rd Street

Taxable ValueLand$323,795Additions$306,664Total$630,459
Tax Record2024$10,313 ($859 / month)
Home Facts
Total Finished SqFt3,400 SqFtAbove Grade Finished SqFt3,400 SqFtStories2Lot Size5,980 SqFtStyleDuplexYear Built1910Year Renovated1929ZoningRMCountySANTA CLARAAPN249-46-028Fireplace TypeHas Fireplace

Schools near 324 North 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
Grant Elementary School
PublicK to 5

Muwekma Ohlone Middle
Public6 to 8

San Jose High School
Public9 to 12

Ace Inspire Academy
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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324 North 3rd Street is a multi-family home for sale in San Jose, CA 95112. This property was listed for sale on December 9, 2024 by SiliconValley MultiFamilyGroup, it's currently listed at $1,595,000. It has been on the market for a total of 12 days and was last sold on August 9, 2024. This listing's school district is San Jose Unified School District. Nearby schools include Grant Elementary School, Muwekma Ohlone Middle and San Jose High School. 324 North 3rd Street is a 0-bed, 0-bath, 3,400 sqft multi-family home built in 1910.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of SiliconValley MultiFamilyGroup, Michael Shields, DRE #01327546

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.