384 S 11th Street, San Jose, California 95112, San Jose, - bed, bath

home-pic
ACTIVE$598,000
384 S 11th Street, San Jose, California 95112
2Beds
3Baths
1,050Sqft
Lot
Year Built
1986
Close
-
List price
$598K
Original List price
$598K
Price/Sqft
-
HOA
$575
Days on market
-
Sold On
-
MLS number
ML82014376
Home ConditionFair
Features
Deck
View-

About this home

This condo is a true blank canvas, ready for fresh updates and personal touches to unlock its full potential all in an unbeatable location just steps from San Jose State University. Perfect for university employees, student parents, investors, or 1031 exchange buyers, this spacious two-story home with fresh interior paint offers 2 bedrooms, 2.5 bathrooms, and an ideal layout with two private master suites upstairs, each with its own bath. The first floor features a bright living area, kitchen, half bath, bonus room perfect for a study, 3rd bedroom or office, balcony, and abundant storage. An in-unit washer and dryer add convenience, along with two reserved covered parking spaces in a secure garage. Situated in the heart of downtown San Jose, you're within walking distance of SJSU, cafe's, shopping, and public transit, with freeway access just yards away. With excellent long-term rental demand and a rare central location, this is a prime opportunity to create value in Silicon Valley.

Nearby schools

3/10
Lowell Elementary School
Public,K-50.4mi
2/10
Selma Olinder Elementary School
Public,K-50.5mi
4/10
Horace Mann Elementary School
Public,K-50.6mi
4/10
Peter Burnett Middle School
Public,6-81.9mi
3/10
San Jose High School
Public,9-121.1mi

Price History

Date
Event
Price
08/30/25
Listing
$598,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (18 Listings)
Beds22
50%
Baths32
63%
Square foot1,0501,314
26%
Lot Size00
Price$598K$720K
21%
Price per square foot$570$570
50%
Built year19861997
16%
HOA$575$712
11%
Days on market67175
5%
Condition Rating
Fair

Built in 1986, this condo is 38 years old. While it benefits from fresh interior paint and appears to have updated laminate flooring in the main living areas and bedrooms, the kitchen and bathrooms are significantly dated. The kitchen features old white tile countertops, basic white cabinets, and older white appliances (refrigerator, stacked washer/dryer). The bathrooms also show basic, outdated fixtures and vanities. The property is functional and livable, but as the description states, it's a 'blank canvas, ready for fresh updates,' indicating that major components like the kitchen and bathrooms require substantial cosmetic renovations to meet current quality standards and appeal, aligning with the 'fair' condition criteria.
Pros & Cons

Pros

Exceptional Location: Situated just steps from San Jose State University and in the heart of downtown San Jose, offering walking distance to cafes, shopping, public transit, and immediate freeway access.
Strong Investment Potential: Ideal for university employees, student parents, investors, or 1031 exchange buyers, with excellent long-term rental demand in Silicon Valley.
Functional Layout: Spacious two-story home featuring an ideal layout with two private master suites upstairs, each with its own bath, plus a versatile bonus room on the first floor.
Convenient Amenities: Includes an in-unit washer and dryer, along with two reserved covered parking spaces in a secure garage, enhancing daily convenience.
Value-Add Opportunity: Described as a 'true blank canvas' ready for fresh updates and personal touches, offering significant potential to unlock its full value and customize to buyer preferences.

Cons

Requires Significant Updates: The property is presented as a 'blank canvas' needing 'fresh updates and personal touches,' indicating potential for substantial renovation costs beyond cosmetic paint to modernize.
High Monthly HOA Fees: The association fee of $575.0 per month is considerable, which can impact overall affordability and cash flow for both owner-occupants and investors.
Lower-Rated Schools: The surrounding public schools generally have low ratings (2-4 out of 10), which may be a deterrent for families prioritizing highly-rated educational institutions.

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