327 Martha Street, San Jose, California 95112, San Jose, - bed, bath

home-pic
ACTIVE$888,800
327 Martha Street, San Jose, California 95112
3Beds
1Bath
925Sqft
4,416Lot
Year Built
1901
Close
-
List price
$889K
Original List price
$889K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82012835
Home ConditionFair
Features
View-

About this home

Ideal ADU to be built on the back of the property. The interior of the house was remodeled 12 years ago. It has 3 bedrooms, 1 bath and a living room. Washer and dryer located in the kitchen. It has been rented without vacancy. Seller has not been inside of the property. Tenant will be vacated in 60 days.

Price History

Date
Event
Price
06/28/25
Listing
$888,800
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (44 Listings)
Beds33
50%
Baths12
29%
Square foot9251,557
18%
Lot Size4,4165,750
11%
Price$889K$1.24M
16%
Price per square foot$961$861
60%
Built year19011920
16%
HOA
Days on market131148
40%
Condition Rating
Fair

The property, built in 1901, is an aged structure. While the interior was reportedly remodeled 12 years ago, the exterior images reveal significant deferred maintenance, including peeling paint, worn porch elements, and an unkempt yard, indicating a need for substantial repairs and cosmetic updates. The description notes the seller has not been inside and it has been continuously rented, suggesting potential wear and tear on the 12-year-old interior remodel, including the kitchen and bathroom. The presence of a washer and dryer in the kitchen is a functional but outdated layout, and a window AC unit implies a lack of central cooling. Major systems (plumbing, electrical, foundation) are likely original or very old, showing signs of being outdated even if functional. The property is livable due to the interior remodel but requires considerable investment to address the exterior condition and likely outdated major systems.
Pros & Cons

Pros

Prime San Jose Location: Situated in San Jose, a highly desirable and competitive real estate market, offering strong appreciation potential and buyer demand.
ADU Development Potential: The property explicitly offers an 'ideal ADU to be built on the back,' providing a significant opportunity for additional income or expanded living space.
Proven Rental Income: The property has been 'rented without vacancy,' demonstrating its reliability as an income-generating asset for investors.
Desirable School District: Located within the San Jose Unified High School District, which is a strong draw for families and contributes to property value.
Generous Lot Size: With a lot size of 4416 sqft, there is ample space for the proposed ADU and potential for outdoor living enhancements in an urban setting.

Cons

Historic Property Age: Built in 1901, the property's age suggests potential for significant deferred maintenance, outdated systems, and higher renovation costs.
Limited Bathroom Facilities: The house features only one bathroom for three bedrooms, which is a functional limitation and less desirable for modern family living.
Seller's Limited Property Knowledge: The seller's admission of not having been inside the property raises concerns about potential undisclosed issues and implies an 'as-is' sale condition.

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