3-Bedroom Residential - 374 S 21st Street, San Jose, CA

Description

Exceptional investment and development opportunity in the heart of San Jose! Potentially 4 rental units situated on an approximately 7,800 sq.ft. lot, currently this property has total 1,493 SqFt features a newly renovated 1B1B main residence (744 SqFt Rent: $3k) that has been fully updated with modern finishes. Additionally tremendous value is a newly constructed, detached 2B2B ADU (749 SqFt), offering excellent potential for rental income (roughly $3500), multigenerational living, or owner-occupancy flexibility. The opportunity extends even further with plans approved by the City for an additional development DUPLEX with 2 stories 2 units 6B6B 2,376 Sfqft total (Each unit 3beds 3baths; Approximately 1,200 SqFt per unit). Permit review is currently in progress, buyers can move directly toward permitting and construction by saving 6-12+ months of design review and approval time. Whether you are an investor, developer, or owner-user seeking multiple income streams, this rare property combines existing cash flow, brand-new improvements, and future development upside on a generously sized lot in a desirable San Jose location with convenient access to major highways, Downtown, major tech companies, and commuter routes, shopping, and dining. Welcome to check this gem in San Jose!

Property details

Location

374 S 21st Street • San Jose, CA 95116

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Listed by

Fredy Feng · Maxreal