Exceptional Value with Three Separate Living Spaces in the Heart of San Jose A rare and versatile opportunity for both owner-occupants and investors alike. This unique property features three distinct living spaces: a charming main residence, a permitted 2-bedroom/1-bath ADU, and a fully finished basement with all amenities offering flexibility, functionality, and strong income potential. Ideally situated in a prime downtown location, youre just steps from the VTA and Diridon Station, the SAP Center, San Pedro Square, and a vibrant mix of dining, entertainment, and major employment hubs. Known as the Gagliardo House, this classic Victorian sits at the entrance to the Historic Lakehouse District, blending timeless architectural character with modern-day versatility. The main home showcases period details and traditional charm, while the finished basement provides additional flexible space perfect for a home office, guest quarters, or extended living. At the rear of the property, the permitted ADU includes two bedrooms, one bath, and in-unit laundry, making it ideal for multigenerational living, guests, or rental income. Own a piece of San Jose history while benefiting from multiple living options and income streams all in one of the citys most connected and desirable locations.
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LAST UPDATED
|
3/23/2026
|
YEAR BUILT
|
1906
|
|
COUNTY
|
Santa Clara
|
STATUS
|
Active
|
|
PROPERTY TYPE(S)
|
Single Family
|
|
|
| AIR |
None |
| APPLIANCES |
Gas Oven |
| FIREPLACE |
Yes |
| HEAT |
Natural Gas |
| INTERIOR |
Walk-In Closet(s) |
| LOT |
4591 sq ft |
| LOT DIMENSIONS |
4590.00 |
| PARKING |
Off Street |
| POOL DESCRIPTION |
None |
| STORIES |
1 |
| STYLE |
Victorian |
| VIEW |
Yes |
| VIEW DESCRIPTION |
Neighborhood, Park/Greenbelt |
| WATER |
Public |
| ZONING |
LI |
Listed by Scott C. Poncetta | 408-757-1007, KW Bay Area Estates
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. All real estate listings in the MLSListings MLS system are marked with the MLSListings Internet Data Exchange icon (a stylized house inside a circle), and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of 3/24/26 4:12 AM PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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