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140 E East Reed Street #3 Street 3, San Jose, California 95112, San Jose, 95112 - 2 bed, 1 bath

140 E East Reed Street home-pic-0
ACTIVE$517,767
140 E East Reed Street #3 Street 3, San Jose, California 95112
2Beds
1Bath
1,100Sqft
Lot
Year Built
1910
Close
-
List price
$518K
Original List price
$518K
Price/Sqft
$471
HOA
$500
Days on market
-
Sold On
-
MLS number
ML82011729
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $517.8K(17th), sqft - 1100(39th), beds - 2(50th), baths - 1(22th).

Downtown San Jose Charm Meets Modern Living, Welcome to this spacious and stylish 2-bedroom, 1-bath condo nestled in the heart of downtown San Jose. While the building exterior showcases the timeless character of its 1910 construction, the interior offers a completely renovated and modernized living space. Inside, you'll find 1,100 sq. ft. of comfort featuring: New mechanical systems and plumbing, Updated electrical panel and fixtures, New flooring throughout, Updated kitchen and bathroom upgrades, In-unit laundry, Central A/C and energy-efficient systems. Enjoy the added perks of private storage, a shared patio area, and bike storage, all in a walkable urban location. This condo is a perfect blend of historic charm and modern functionality. Buyers must meet Habitat for Humanity Low Income Requirements and this is exclusively for first-time homebuyers.

Price History

Date
Event
Price
06/19/25
Listing
$517,767
Condition Rating
Excellent
Despite the 1910 build year, the property has undergone a complete and extensive interior renovation, including new mechanical systems, plumbing, electrical panel and fixtures, new flooring throughout, and updated kitchen and bathroom upgrades. It also features central A/C and energy-efficient systems. This comprehensive modernization makes the interior virtually new and move-in ready, aligning perfectly with the 'Excellent' condition criteria for a recently and fully renovated property.
Pros & Cons

Pros

Extensive Modern Renovation: The interior has been completely renovated with new mechanical systems, plumbing, electrical, flooring, kitchen, and bathroom, offering a turn-key modern living experience within a historic shell.
Central A/C & Energy Efficiency: Equipped with central A/C and energy-efficient systems, providing modern comfort and potentially lower utility costs, a significant upgrade for a building of its age.
Prime Downtown San Jose Location: Situated in the heart of downtown San Jose, offering a highly walkable urban lifestyle with convenient access to amenities, entertainment, and public transport.
In-Unit Laundry: The convenience of in-unit laundry is a highly desirable feature, enhancing daily living comfort and efficiency.
Historic Charm with Modern Interior: The property uniquely blends the timeless character of its 1910 exterior with a fully modernized and updated interior, appealing to those seeking both charm and contemporary functionality.

Cons

Strict Buyer Restrictions: The property is exclusively for first-time homebuyers who must meet Habitat for Humanity Low Income Requirements, severely limiting the potential buyer pool.
High Monthly Association Fee: A monthly association fee of $500 is substantial, especially for a property targeting low-income buyers, adding a significant ongoing cost to homeownership.
Historic Building Exterior: While charming, the 1910 construction of the building's exterior may imply potential for higher long-term maintenance costs for common areas, which could lead to future HOA fee increases or special assessments.

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