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

140 E Reed Street 1, San Jose, California 95112 home-pic-0
ACTIVE$374,337
140 E Reed Street 1, San Jose, California 95112
2Beds
1Bath
1,100Sqft
Lot
Year Built
1910
Close
-
List price
$374K
Original List price
$374K
Price/Sqft
$340
HOA
$500
Days on market
-
Sold On
-
MLS number
ML82028731
Home ConditionExcellent
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $374.3K(6th), 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's 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 are exclusively for first-time homebuyers.

Price History

Date
Event
Price
12/03/25
Listing
$374,337
Condition Rating
Excellent
Despite being built in 1910, this property has undergone a complete and recent renovation, as explicitly stated in the description. It features new mechanical systems, plumbing, electrical panel, and fixtures. The kitchen and bathroom have been fully updated with modern finishes, including new flooring throughout, contemporary cabinets, stainless steel appliances, and stylish vanities. All visible components appear new or virtually new, meeting current quality standards with central A/C and energy-efficient systems, indicating no deferred maintenance.
Pros & Cons

Pros

Comprehensive Modern Renovation: The interior has undergone a complete renovation, featuring new mechanical systems, plumbing, electrical, flooring, kitchen, and bathroom upgrades, offering a turn-key modern living space.
Prime Urban Walkability: Situated in the heart of downtown San Jose, the property offers excellent walkability to urban amenities, dining, and public transportation.
Modern Comfort & Efficiency: Equipped with central A/C and energy-efficient systems, ensuring year-round comfort and potentially lower utility costs.
Valuable Condo Amenities: Includes convenient in-unit laundry, private storage, a shared patio area, and secure bike storage, enhancing daily living.
Accessible Homeownership Opportunity: Specifically designed for first-time, low-income homebuyers through Habitat for Humanity, providing a unique and affordable entry point into the San Jose market.

Cons

Strict Buyer Eligibility: The property is exclusively for first-time homebuyers who meet Habitat for Humanity Low Income Requirements, significantly limiting the potential buyer pool.
Substantial Monthly HOA Fee: A $500 monthly association fee is a considerable ongoing expense that adds to the total cost of homeownership.
Restricted Resale Market: Due to the specific buyer qualifications, future resale opportunities may be limited to a niche market, potentially impacting long-term investment flexibility and liquidity.

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