Back 392 North 12th Street
Off Market

392 North 12th Street

San Jose CA 95112

2900 sq. ft.
5796 sq. ft.
Duplex
Last sold for $840,000
Ray RodriguezRay Rodriguez, last sold this property on 16 July 2026 after 2 days on market.

Overview

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.

Features

2900 sq. ft. floor area
5796 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar duplexes sold in San Jose over the last 12 months, the estimated median property value of 392 North 12th Street is $1.06m.

Median value
$1.06m
Estimated value range
$835k - $1.82m
Median days on market
33
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in San Jose. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 392 North 12th Street

2026
Sold
$840,000
16 Jul 2026 by Ray Rodriguez, of Compass

Happy sellers in San Jose

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We have insufficient information to provide an overview of customer satisfaction for San Jose. Viewing the agent profiles, reviews and sales for San Jose can provide insights for this location.

Local market activity for duplexes in San Jose

In the last 12 months, 24 duplexes similar to 392 North 12th Street, have been sold.

This represents a 13% decrease in duplexes sales when compared to the previous 12 months.

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