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The Hensley House


San Jose, CA   Offered for sale at $2,000,000
 

The Arguello-Gosbey House, commonly known as the Hensley House is a distinctive Queen Anne style architecture. Designated San Jose Historic Landmark located in the National Register Hensley Historic District. The central downtown location close to JapanTown, San Pedro Square, Google’s planned transit village and San Jose Diridon Station. This is a prime investment opportunity to own and shape a piece of San Jose history. Benefit from the Mills Act for tax savings. Original and Victorian period appointments throughout. 3 master suites and 1 additional bedroom with private hallway bath. Permitted spacious attic apartment suite with kitchenette, full bath and unique architectural roof details, eyebrow windows and dumbwaiter. Gracious living room with high beamed ceiling and stained glass, formal dining room and library. Bed & Breakfast from 1989 through early 2000's. Extensively upgraded. R-M zoning ideal for co-living, corporate space, Airbnb rental or Bed & Breakfast.
$360K+ spent on improvements in the last 5 years. See 456n3rdstreet.relahq.com and disclosures for details. Renovated extensively in 1989 Bed and Breakfast approved plan when zoning became R-M and operated until the early 2000s as a venue for weddings and special events hosting up to 75 guests. The garage conversion without permit is a 6th bonus room with kitchenette, a full bath and upgraded plumbing and electrical panel. Should be able to be grandfathered as ADU. Buyer to verify with city. Dining room can be setup as an office/bedroom suite as the 7th room rental for a total of $150, 000+ in rental income/year. Approved expansion plan in disclosures should buyer choose to explore a bigger kitchen and other improvements.



Property Details
  • Former Inn
  • 6 Guest Rooms
  • 7 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1890
  • Last Renovated in 2015
  • Opened in 1989
  • Building is 3,619 SQFT
  • Lot is 0.15 Acres
  • Photo Gallery
  • Property Website
Financial Details
Contact Information