374 South 21st Street

Exceptional investment and development opportunity in the heart of San Jose! Situated on a spacious approximately 7,800 sq.ft. lot, this property has total 1,493 SqFt features a beautifully newly renovated 1-bedroom, 1-bathroom main residence (744 SqFt) that has been fully updated with modern finishes. Additionally tremendous value is a newly constructed, detached 2-bedroom, 2-bathroom ADU (749 SqFt), offering excellent potential for rental income, multigenerational living, or owner-occupancy flexibility. The opportunity extends even further with plans already submitted to the City for an additional DUPLEX development (Approximately 1200 SqFt per unit). Permit review is currently in progress, providing buyers with a unique chance to acquire a property with significant future expansion potential. Whether you are an investor, developer, or owner-user seeking multiple income streams, this rare property combines existing cash flow, brand-new improvements, and future development upside on a generously sized lot in a desirable San Jose location with convenient access to major highways, Downtown, major tech companies, and commuter routes, shopping, and dining. Welcome to check this gem in San Jose!

Days on Market

1 day

Current Status

Active

Original Price

$1,425,000

List Price

$1,425,000

On Market Date

Jun 12, 2026

Property Type

Single Family Home

Area

9 - Central San Jose

Zip Code

95116

MLS ID

ML82050838

APN

467-37-030

Year Built

1930

Stories in Building

1

Possession

Unavailable

Data Source

MLSL

Origin MLS System

MLSListings, Inc.

Bed

1

Bath

1

Parking

0

Carport

SQ FT

744

SQ FT Source

Unavailable

Lot SQ FT

7,800.0

Lot Acres

0.179063 Acres

Kitchen

Dishwasher

Cooling

Window / Wall Unit

Dining Room

Dining Area in Living Room, Eat in Kitchen

Disclosures

Natural Hazard Disclosure

Family Room

No Family Room

Flooring

Hardwood, Laminate, Vinyl / Linoleum

Foundation

Concrete Perimeter

Heating

Wall Furnace

Laundry

In Utility Room

Fee

Unavailable

MLS and other Information regarding properties for sale as shown in Theo have been obtained from various sources such as sellers, public records, agents and other third parties. This information may relate to the condition of the property, permitted or unpermitted uses, zoning, square footage, lot size/acreage or other matters affecting value or desirability. Unless otherwise indicated in writing, neither brokers, agents nor Theo have verified, or will verify, such information. If any such information is important to buyer in determining whether to buy, the price to pay or intended use of the property, buyer is urged to conduct their own investigation with qualified professionals, satisfy themselves with respect to that information, and to rely solely on the results of that investigation.

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.