961 S 7th Street, San Jose, California 95112, San Jose, - bed, bath
ACTIVE$985,000
961 S 7th Street, San Jose, California 95112
0Bed
0Bath
1,048Sqft
6,348Lot
Year Built
1916
Close
-
List price
$985K
Original List price
$1.04M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017859
Home ConditionFair
Features
View-
About this home
Well maintained duplex in the heart of San Jose. Both units are tenant occupied but can be a great owner occupy opportunity with rental income. Large expansive lot offers plenty of options to build out or for an ADU.
Price History
Date
Event
Price
09/13/25
Price Change
$985,000-5.7%
08/12/25
Listing
$1,045,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (8 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 1,048 | 1,976 | 11% |
| Lot Size | 6,348 | 6,348 | 50% |
| Price | $985K | $1.02M | 11% |
| Price per square foot | $940 | $570 | 89% |
| Built year | 1916 | 1955 | 22% |
| HOA | |||
| Days on market | 84 | 167 | 22% |
Condition Rating
Fair
Built in 1916, this property's exterior appears well-maintained with fresh paint and tidy landscaping, aligning with the 'well maintained' description. However, without any interior images, particularly of the kitchen and bathrooms, it's highly probable that these key areas, along with major systems, are significantly outdated given the age of the home. While functional, they would likely require minor to substantial updates to meet current standards and buyer expectations. The lack of evidence for recent extensive renovations places it in the 'Fair' category, indicating an aged but maintained home that shows signs of being outdated.
Pros & Cons
Pros
Income-Generating Duplex: The property is a well-maintained duplex with both units currently tenant-occupied, providing immediate rental income for investors or owner-occupants.
Significant Lot Size & ADU Potential: A large 6,348 sqft lot offers substantial development opportunities, including building out or adding an Accessory Dwelling Unit (ADU), which can significantly increase future value and income potential.
Prime San Jose Location: Located 'in the heart of San Jose,' the property benefits from a desirable urban setting with convenient access to amenities, employment centers, and transportation.
Owner-Occupancy Opportunity: The property presents a great opportunity for an owner-occupant to live in one unit while generating rental income from the other, helping to offset mortgage costs.
Recent Price Reduction: The property has seen a recent price reduction from $1,045,000 to $985,000, potentially indicating a motivated seller and offering better value for prospective buyers.
Cons
Tenant Occupancy Challenges: Both units are tenant-occupied, which can complicate the showing process, inspections, and may require navigating tenant rights or lease agreements for an owner-occupant or new investor.
Advanced Age of Property: Built in 1916, the property is over a century old, which may imply potential for outdated systems (plumbing, electrical), higher maintenance costs, and a need for significant modernization to meet contemporary standards.
Small Unit Footprint: With a total of 1,048 sqft for two units, the individual living spaces are quite small, which might limit appeal to buyers seeking more spacious accommodations or larger families.