530 N 2nd Street, San Jose, CA 95112

$2,069,888
4,088
SqFt

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List Price
$2,069,888
Status
ACTIVE
MLS#
ML82045855
Year Built
1898
Property Type
Other
Living Area
4,088
Lot Size
5,672
Acres
0.13
County
Santa Clara
Subdivision
Ca

Property Description

Right in the heart of Silicon Valley is Tiffany Villa, a beautiful 7 unit Victorian property with lush, mature landscaping creating exceptional curb appeal. It generates strong, steady income with its ideal unit mix (two 2/1s, two 1/1s, and 3 studios), abundant off-street parking, and 8 rentable storage units (significant BONUS income). Authentic 1898 Victorian character shines through its spacious interiors, soaring windows, and elegant decorative details. True pride of ownership gleams from the past 21+ years of meticulous upgrades and maintenance. Front building has 5 units, a common laundry room and 8 storage units below; new roof 2005, new water heater 2019, commercial grade vinyl plank flooring in most units since 2023, some dual pane windows & LED lighting. Duplex building behind with 2/1 units; new roof 2019. Newer carpets and paint inside most units. Beautifully shaded common yard between the buildings complete with tables & seating. Great 1031 exchange upleg property with substantial appreciation opportunity during next ownership cycle. Simple upgrades are still possible over time utilizing its abundant excess cash flow. Tiffany Villa represents a VERY RARE blend of updated historic charm with a prime location in one of Silicon Valley's most desirable neighborhoods.

Additional Information

Appliances
Refrigerator
Flooring
Hardwood
Lot Description
Level, Rectangular Lot
Roof
Composition Shingles
Water Sewer
Public

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Calculator source: Real Geeks

Listing courtesy of David Propach from But Simple, Inc.. 408-202-7125

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