115 S 28th St, San Jose, CA 95116 - View 1
115 S 28th St, San Jose, CA 95116 - View 2
115 S 28th St, San Jose, CA 95116 - View 3
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115 S 28th St, San Jose, CA 95116

List Price: $799,000On Market FlagOn market
Aug 12, 20251,293 sqft3 beds2 baths
Listed by: Robert Gosalvez
License #: 01272788
Phone #: 408-313-8870
Compass
Source:
CRMLS Logo
MLS #: ML82017824

Property Description

Versatile income property with mixed-use potential115 S. 28th Street offers a rare combination of residential comfort and income potential. The main residence is a spacious 3-bed/2-bath single-family home and flexible yard space currently generating rental income. Zoned for mixed-use and set on a contiguous parcel next to 101 S. 28th Street (also available for sale), this property invites multiple strategies: live in one, lease out the rest, or redevelop for higher use. Month-to-month agreements and separate utilities for most tenants create immediate income and long-term flexibility. Purchase individually or combine with 101 S. 28th Street for a two-parcel, five-income-stream investment in the heart of San Jose.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$17,277

TurboHome Estimated Value

$975,400

$754 sqft

High Valuation
$1,024,170
$792/sqft
Normal Valuation
$975,400
$754/sqft
Low Valuation
$926,630
$717/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$754/sqft$975,400

Neighborhood: Downtown

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Comparative Value

$799K

$885K

$1.00M

$1.35M

115 S 28th St, San Jose, CA 95116

List Price: $799,000

Subject Property

1410 Herald Ave, San Jose, CA 95116

Sale Price: $885,000

Selected Comparable

197 S 24th St, San Jose, CA 95116

Sale Price: $1,000,000

Selected Comparable

176 N 24th St, San Jose, CA 95116

Sale Price: $1,000,000

Selected Comparable

1091 Melbourne Blvd, San Jose, CA 95116

Sale Price: $1,025,000

Selected Comparable

34 S 15th St, San Jose, CA 95112

Sale Price: $1,350,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
115 S 28th St, San Jose, CA 95116

115 S 28th St, San Jose, CA 95116

List: $799,000

Listed: 8/12/2025

Area:1,293 sqft
Price/sqft:$618
Beds:3
Baths:2
Year Built:
Lot Size:7,616

Comparable Properties

COMPARABLE
Choose comps
197 S 24th St, San Jose, CA 95116

197 S 24th St, San Jose, CA 95116

Sale: $1,000,000

5/29/20250.22 mi

Area:1,146 sqft
Price/sqft:$873
Beds:3
Baths:2
Year Built:
Weight:20.8%
34 S 15th St, San Jose, CA 95112

34 S 15th St, San Jose, CA 95112

Sale: $1,350,000

6/2/20250.75 mi

Area:1,384 sqft
Price/sqft:$975
Beds:3
Baths:2
Year Built:
Weight:20.3%
1410 Herald Ave, San Jose, CA 95116

1410 Herald Ave, San Jose, CA 95116

Sale: $885,000

10/10/20240.68 mi

Area:1,283 sqft
Price/sqft:$690
Beds:3
Baths:2
Year Built:
Weight:19.9%
1091 Melbourne Blvd, San Jose, CA 95116

1091 Melbourne Blvd, San Jose, CA 95116

Sale: $1,025,000

11/8/20240.64 mi

Area:1,354 sqft
Price/sqft:$757
Beds:3
Baths:2
Year Built:
Weight:19.6%
176 N 24th St, San Jose, CA 95116

176 N 24th St, San Jose, CA 95116

Sale: $1,000,000

2/11/20250.43 mi

Area:1,464 sqft
Price/sqft:$683
Beds:3
Baths:2
Year Built:
Weight:19.3%

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