2138 E San Antonio Street, San Jose, California 95116, San Jose, - bed, bath
ACTIVE$1,518,888
2138 E San Antonio Street, San Jose, California 95116
4Beds
2Baths
2,627Sqft
12,600Lot
Year Built
1945
Close
-
List price
$1.52M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82005309
Home ConditionPoor
Features
Patio
View-
About this home
Welcome to an Investment opportunity at 2138 E San Antonio Street - Live in the Main Home and then rent out the 2 units - 3 separate structures, all rentable and all rented. This large, flat lot of 12,600 sq ft has abundant possibilities for the new owner. Close to downtown San Jose, Capitol Expressway and the brand-new BART Station, Hwy 680, 280, 101 and Alum Rock Ave. Located in an area of downtown that continues to grow and redefine itself for the future of San Jose. Don't miss out on this opportunity! Make this your next home!
Price History
Date
Event
Price
10/16/25
Price Change
$1,518,888-1.9%
08/22/25
Price Change
$1,548,888
05/02/25
Listing
$1,600,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (27 Listings) | |
|---|---|---|---|
| Beds | 4 | 3 | 54% |
| Baths | 2 | 2 | 50% |
| Square foot | 2,627 | 1,316 | 96% |
| Lot Size | 12,600 | 5,250 | 89% |
| Price | $1.52M | $1.04M | 89% |
| Price per square foot | $578 | $715.5 | 18% |
| Built year | 1945 | 9770980 | 32% |
| HOA | |||
| Days on market | 187 | 165 | 75% |
Condition Rating
Poor
The property was built in 1945, making it over 75 years old. While solar panels are a modern addition, the exterior images reveal significant deferred maintenance, most notably the severely cracked and deteriorated driveway/parking area. The secondary structure also appears dated with an old, worn patio cover. There are no interior images provided, which often suggests that the interior condition is not a selling point and likely matches the age and visible exterior wear. Given the age and visible exterior defects, it's highly probable that the property requires substantial repairs and rehabilitation, including major updates to systems, kitchen, and bathrooms, which would likely be outdated. The description focuses on its investment potential and rental income, rather than its condition, further supporting the assessment that it is functional but in need of significant renovation.
Pros & Cons
Pros
Income-Generating Asset: The property is explicitly marketed as an investment opportunity with three separate, rentable structures, all currently occupied, allowing for immediate rental income and potential for owner-occupancy with additional income streams.
Large Development Lot: A substantial 12,600 sq ft flat lot offers significant potential for future expansion, additional dwelling units (ADUs), or redevelopment, aligning with the area's growth.
Strategic Location: Situated close to downtown San Jose, a brand-new BART Station, Capitol Expressway, and major highways (680, 280, 101), providing excellent connectivity and accessibility to key urban centers and transportation.
Growth Area Potential: Located in a downtown area that is actively growing and redefining itself, suggesting strong potential for future property value appreciation and neighborhood revitalization.
Multi-Unit Configuration: The presence of a main home and two additional rentable units provides flexibility for various ownership models, including live-in landlord or pure investment, maximizing return on investment.
Cons
Property Age & Condition: Built in 1945, the property is older, which may imply a need for significant updates to systems (electrical, plumbing, HVAC) and general maintenance, potentially incurring substantial renovation costs for a new owner.
Price Reduction History: Multiple price reductions from the original list price of $1.6M to the current $1.518M suggest the property may have been initially overpriced or has faced challenges in attracting buyers at higher price points.
Vague Area/School Information: The MLS area is 'Not Defined' and the high school district is listed as 'Other,' which could be a deterrent for family buyers seeking specific, highly-rated school districts or a clear understanding of the immediate neighborhood's market standing.