About this home

**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 with limited access. **All showings will be held during one open house weekend only:** **Saturday, October 3 | 2:00 - 4:00 PM** **Sunday, October 4 | 2:00 - 4:00 PM** **Mark your calendars and don't miss the open house weekend.**

Facts and features

Schools

• Gardner Elementary School

  elementary · K-5 · 0.9 mi

  2

• Herbert Hoover Middle School

  middle · 6-8 · 2.2 mi

  4

• Abraham Lincoln High School

  high · 9-12 · 2.3 mi

  7

• Notre Dame High School San Jose

  high · 9-12 · 0.1 mi

• Lowell Elementary School

  elementary · K-5 · 0.3 mi

  2

• Washington Elementary School

  elementary · K-5 · 0.6 mi

  4

Price history

• Sep 29, 2026 · Listed$999,888
• May 5, 2006 · Sold$760,000
• Feb 28, 1992 · Sold$265,000
• Mar 26, 1990 · Sold$210,000

Tax history

• 2025$15,479 tax · $1,059,359 assessed
• 2024$14,640 tax · $1,038,588 assessed
• 2023$14,316 tax · $998,260 assessed
• 2022$14,180 tax · $978,687 assessed
• 2021$13,830 tax · $959,498 assessed
• 2020$13,469 tax · $949,661 assessed
• 2019$13,150 tax · $931,041 assessed
• 2018$12,998 tax · $912,786 assessed

Home value

$1,234,000

• Collateral Analytics$1,234,000
• Quantarium$981,556

Where it is