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6,210 sqft

$999,888

467 S 3rd ST, San Jose CA, 95112

Price per sqft$161.01
Property size6,210 sqft
Property typeMulti-family

Overview

Active

Listed Sep 29, 2026

Updated 41h ago

**CASH FLOW! CASH FLOW! CASH FLOW!** Exciting Downtown San Jose investment opportunity generating **$13,862 per month in current scheduled rent $166,344 annually**. 467 S. 3rd Street offers an established income stream with **8 income-producing room rentals**, with subsidized and self-pay tenants. Based on current rents and financing assumptions, the property has the potential to **remain cash-flow positive with as little as 20% down**, creating an attractive opportunity for investors focused on immediate income. **Strong gross income, tenants already in place, and cash-flow potential from day one.** The property is legally recognized as a triplex under its Residential Occupancy Permit, with rooms rented individually. Buyers are encouraged to review all financial information, disclosures, permits, occupancy/use information, expenses, and perform their own due diligence regarding the property and projected cash flow. **IMPORTANT SHOWING INFORMATION:** Property is tenant occupied

$6,652/mo

Est. mortgage payment based on a $999,888 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
82062929ML

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Association Fee Frequency
Monthly
Maintenance Expense
$2,000
Garage
Yes

Also listed on MLSLISTINGS

Listed by Wesley Craig with Coldwell Banker Realty
Listing Contact: 408-772-0087 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor METIS Real Estate, Inc. - CA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 10/6/2026

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