530 N 2nd ST, San Jose, CA 95112

$2,069,888
4,088
SqFt

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Listed by David Propach, 408-202-7125 from But Simple, Inc.
(If provided) CoList: from

List Price
$2,069,888
MLS#
ML82045855
Status
ACTIVE
Property Type
Commercial
Class
Five or More Units
Sqft. of Residence
4,088
City
San Jose
Lot Size
5,672
Zip
95112
Sqft. of Residence
4,088
Listing Area
Central San Jose
Acres
0.13
Neighborhood
Central San Jose, Japantown, Downtown San Jose
Year Built
1898

Property Description

Right in the heart of Silicon Valley is Tiffany Villa, a beautiful 7 unit Victorian property with lush, mature landscaping creating exceptional curb appeal. It generates strong, steady income with its ideal unit mix (two 2/1s, two 1/1s, and 3 studios), abundant off-street parking, and 8 rentable storage units (significant BONUS income). Authentic 1898 Victorian character shines through its spacious interiors, soaring windows, and elegant decorative details. True pride of ownership gleams from the past 21+ years of meticulous upgrades and maintenance. Front building has 5 units, a common laundry room and 8 storage units below; new roof 2005, new water heater 2019, commercial grade vinyl plank flooring in most units since 2023, some dual pane windows & LED lighting. Duplex building behind with 2/1 units; new roof 2019. Newer carpets and paint inside most units. Beautifully shaded common yard between the buildings complete with tables & seating. Great 1031 exchange upleg property with substantial appreciation opportunity during next ownership cycle. Simple upgrades are still possible over time utilizing its abundant excess cash flow. Tiffany Villa represents a VERY RARE blend of updated historic charm with a prime location in one of Silicon Valley's most desirable neighborhoods.

Additional Information

Amenities
High Ceiling
Building Name
Tiffany Villa
Cooling System
Ceiling Fan
Energy Features
Double Pane Windows, Other
Floor Covering
Carpet, Hardwood, Vinyl / Linoleum
Foundation
Concrete Perimeter, Pillars / Posts / Piers, Raised, Other
Garage Parking
Common Parking Area, Off-Street Parking, Uncovered Parking
Heating System
Wall Furnace
Laundry Facilities
Washer / Dryer
Living Area
4,088
Lot Description
Grade - Level, Regular
Lot Size
5,672
Neighborhood
Central San Jose
Other Rooms
Laundry Room
Other Utilities
Natural Gas, Public Utilities
Roof
Composition
Sewer
Sewer - Public, Sewer Connected, Sewer in Street
Style
Victorian
Water
Public
Zoning
RM

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