467 South 3rd Street San Jose, CA 95112
MLS LogoListed by MLSlistings Inc. / Listed By: Wesley Craig Jr, Coldwell Banker Realty - Contact:  408-772-0087

  467 South 3rd Street San Jose, CA 95112

Active (2 Days)
$999,888 (USD)
OPEN HOUSE TIMES
  • OPEN
    Sat, Oct 3
    2:00 pm - 4:00 pm
  • OPEN
    Sun, Oct 4
    2:00 pm - 4:00 pm

Description

**CASH FLOW! CASH FLOW! CASH FLOW!** Exciting Downtown San Jose investment opportunity generating **$13,862 per month in current scheduled rent $166,344 annually**. 467 S. 3rd Street offers an established income stream with **8 income-producing room rentals**, with subsidized and self-pay tenants. Based on current rents and financing assumptions, the property has the potential to **remain cash-flow positive with as little as 20% down**, creating an attractive opportunity for investors focused on immediate income. **Strong gross income, tenants already in place, and cash-flow potential from day one.** The property is legally recognized as a triplex under its Residential Occupancy Permit, with rooms rented individually. Buyers are encouraged to review all financial information, disclosures, permits, occupancy/use information, expenses, and perform their own due diligence regarding the property and projected cash flow. **IMPORTANT SHOWING INFORMATION:** Property is tenant occupied with limited access. **All showings will be held during one open house weekend only:** **Saturday, October 3 | 2:00 - 4:00 PM** **Sunday, October 4 | 2:00 - 4:00 PM** **Mark your calendars and don't miss the open house weekend.** OFFER DUE DATE: Tuesday, October 6th by 2:00 PM.

MLS #:
ML82062929
Taxes
$19,200
Lot Size
6,210 SQFT
Type
Multifamily
Year Built
1898
School District
482
County
Santa Clara County

Listed By

Wesley Craig Jr, DRE #02114426 CA, Coldwell Banker Realty, Contact: 408-772-0087
Source
MLSlistings Inc.
Last checked Oct 1 2026 at 5:01 PM GMT+0000
Bathroom Details
Property Features
  • Foundation: Concrete Perimeter
Heating and Cooling
  • Gas
  • Floor Furnace
  • Central Forced Air
  • None
Exterior Features
  • Roof: Composition
Utility Information
  • Utilities: Water - Public, Individual Electric Meters
  • Sewer: Sewer Connected, Sewer In Street
Garage
  • Parking Area
  • Detached Garage
Stories
  • 2
Living Area
  • 2,620 sqft
Additional Information: Los Gatos | 408-772-0087
Location
   
Calculate drive times to this property
 
Powered by INRIX® Drive Time

Powered by Walk Score®

Estimated Monthly Mortgage Payment

*Based on Fixed Interest Rate withe a 30 year term, principal and interest only

Listing price
Down payment
%
Interest rate
%
Mortgage calculator estimates are provided by Coldwell Banker Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: The data relating to real estate for sale on this website comes in part from the Broker Listing Exchange program of the MLSListings Inc.TM MLS system. Real estate listings held by brokerage firms other than the broker who owns this website are marked with the Internet Data Exchange icon and detailed information about them includes the names of the listing brokers and listing agents. Listing data updated every 30 minutes.

Properties with the icon(s) are courtesy of the MLSListings Inc.

Listing Data Copyright 2026 MLSListings Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed.