530 N 2nd Street, San Jose, California 95112

$1,995,000

Property Type

Commercial Sale

Building Size

4,088 sqft

City

San Jose

Status

Active

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.