CA
Santa Clara
SAN JOSE
95112
392 N 12th Street
392 N 12th Street, SAN JOSE, CA 95112
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Listing Type
Multi Family
Listing Status
Active
29
$600,000

Home Details for 392 N 12th Street

Price
$600,000
Type
Residential Income
Square feet
2900
Year built
1915
County
Santa Clara
Basement
Crawl Space
MLS Listing#
ML82054074
Listed By: Compass - 415-345-3000
Listed By: Ray Rodriguez
Property Description

Rare value-add multifamily opportunity in downtown San Jose's Julian-St. James neighborhood, less than one mile from San Jose State University. 392 N 12th St is a three-unit property spans two buildings totaling approximately 2,900 square feet on a 5,796 square foot lot (buyer to verify). The unit mix includes two 2 Bed/2 Bath units and one 2 Bed/2 Bath plus office, with ample uncovered parking on site. The property is delivered 100% vacant and in need of repairs, giving a new owner a clean slate to renovate and lease the entire asset at market rents without tenant relocation or phased renovation constraints. This structure allows a full-scope repositioning on the buyer's own timeline, with the complete upside captured at stabilization. Located within walking and transit distance of a strong student and young professional renter base, the property benefits from proximity to downtown employment, dining, entertainment, and the SAP Center, plus quick access to Highways 87, 101, and 280. With full vacancy, a flexible unit mix, on-site parking, and a prime downtown-adjacent location, this offering presents a clear value-add opportunity with upside upon lease-up.

Property Features
  • Cooling Information
    • Other
  • Heating Information
    • Other
  • Basement
    • Crawl Space
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-07-16 01:40:07
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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