2052 Gold St #310 · San Jose, CA 95002

$379,900

3 bd · 2.0 ba · 1,344 sqft · Manufactured · 24 Days on market

Built 1977 Est $360k · 5% over

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.6/30.0
• Appreciation +10.0/10.0
• DSCR +9.7/10.0
• 1% rule +7.5/10.0
• Schools +5.3/10.0
• ARV discount +5.0/15.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Beautifully remodeled and move-in ready, this spacious 1,344 sqft manufactured home features 3 bedrooms, 2 bathrooms, and a versatile bonus office area perfect for working from home, a playroom, or extra living space. The updated kitchen is designed with modern finishes including quartz countertops, stainless steel appliances, and plenty of cabinet space. All appliances including the refrigerator, stove, oven, microwave, dishwasher, washer, and dryer are included making this home truly move-in ready. Both bathrooms have also been upgraded with quartz countertops. The guest bathroom includes a tub/shower combo, while the primary bathroom features a separate tub and walk-in shower for added convenience and comfort. Additional features include A/C, central heat, ceiling fans, and a cozy electric fireplace, providing year-round comfort throughout the home. Step outside to enjoy the large fenced yard and spacious shaded porch, perfect for relaxing or entertaining guests. Two large storage sheds provide plenty of extra space for tools, equipment, or seasonal items. Located in a desirable family-friendly community in a great location close to shopping, dining, schools, and commuter access, this beautifully updated home is one you wont want to miss.

Key facts

• Remodeled
• Quartz countertops
• Large fenced yard

Tags

• REMODELED
• BONUS OFFICE AREA
• UPDATED KITCHEN
• QUARTZ COUNTERTOPS
• STAINLESS STEEL APPLIANCES
• LARGE FENCED YARD

Property features AI

Finance

• Other: Park home serial numbers: FMHCA771439A and FMHCA771439B
• Financial info: Leased land (park home site)
• HOA & community: Community amenities: billiard room, club house, community pool, playground, sauna/spa/hot tub

Exterior

• Parking: Carport; Guest/visitor parking; Assigned space number 310 (space rent applies)
• Utilities: Public water; Public sewer; Individual electric meters; Individual gas meters
• Home design: Leased land; unit will remain; Living area approximately 1,344
• Construction: Roof: Composition
• Exterior features: Composition roof; Neighborhood approval and pet number restrictions

Interior

• Kitchen: Dishwasher; Kitchen island; Microwave; Range/Oven; Refrigerator
• Bedrooms: 3 bedrooms
• Flooring: Laminate flooring
• Bathrooms: 2 full bathrooms with shower and tub
• Heating & cooling: Central forced air heating; Fireplace heating; Central forced air cooling; Ceiling fan
• Interior features: Office area; Fireplace (see remarks)
• Laundry & utility: Washer and dryer included

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $380k.

Deal economics

• At list price, monthly cash flow is $708 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $380k).
• Recommended offer: $374k (1.5% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 1.6% in San Jose — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 78/100 on livability (#68 in CA, #2,559 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• Santa Clara Unified (urban): math 49% / reading 66% proficiency, ranked #75 of 517 in CA (top 14%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 1 active listings in the ZIP; 11 comparable units currently listed for rent nearby; rentals leasing fast (median 3d on market — plan ~1-2 weeks tenant-placement turnaround); 3,838 units permitted in Santa Clara County in 2024 (1,886 in 5+ unit buildings).

Forward outlook

• In year one you build about $41k of equity ($3k loan paydown + $38k appreciation (10.0% local appreciation)).
• Santa Clara County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $106k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$65k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 24 days — a 2% lower offer ($374k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 28y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $195k; list at $380k implies a 95% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); extreme-heat days projected 8→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $374,201 (1.5% below list)

Questions for the listing agent

1. Built in 1977 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.25% ✓
• Cap rate: 9.88%
• Cash-on-cash: 12.80%
• DSCR: 1.57
• GRM: 6.7

CMA / ARV

• ARV (on-the-fly): $360,192
• Comps found: 9

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
2052 Gold St #119	0.08mi	3/2.0	1,344 (0%)	12mo	$302,500	$225	87
2052 Gold St #34	0.00mi	3/2.0	1,455 (+8%)	7mo	$459,900	$316	80
2052 Gold #15	0.00mi	3/3.0	1,344 (0%)	20mo	$360,000	$268	80
498 Summerland Dr #498	0.71mi	3/2.0	1,410 (+5%)	2mo	$250,000	$177	57
425 Shorewood Ln	0.64mi	2/2.0 (-1)	1,440 (+7%)	6mo	$269,000	$187	48
486 Pomeganate Ln #486	0.68mi	3/2.0	1,237 (-8%)	12mo	$340,000	$275	45
4271 N First St #131	0.48mi	2/2.0 (-1)	1,527 (+14%)	15mo	$390,000	$255	37
4271 N 1st St #105	0.67mi	2/2.0 (-1)	1,510 (+12%)	8mo	$404,000	$268	37
407 Pinefield Rd #407	0.74mi	3/2.0	1,160 (-14%)	12mo	$325,000	$280	33

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.1%
• Equity multiple: 3.37×
• Total profit: $252,334
• Equity at exit: $342,244

10-year hold

• IRR: 26.1%
• Equity multiple: 7.66×
• Total profit: $708,282
• Equity at exit: $738,062

Cash invested: $106,372 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City San Jose: 0 Strongly Tenant-Friendly · D+24

Apartment Rent Ordinance covers pre-1979 multifamily.

Methodology + full state rankings →

ZIP-level market 95002

• Home prices YoY: 7.8%
• Active inventory: 1
• Price-to-rent: 6.7×

Monthly cashflow live

• Estimated rent: $4,759 high
• Mortgage (P&I): −$1,992
• Tax est. 1.5%: −$475 /mo · $5,698/yr
• Insurance: −$158
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$999
• Net cashflow: $708

Break-even live

Break-even rent $3,863

Max offer price $379,900

Occupancy floor 80%

Sensitivity live

Price	-10% $971	-5% $839	+0% $708	+5% $577	+10% $446
Rent	-10% $332	-5% $520	+0% $708	+5% $896	+10% $1,084
Rate	-1.0pp $899	-0.5pp $805	base $708	+0.5pp $610	+1.0pp $509

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $94,975
• Closing costs: $11,397
• Reserves months: —
• Total cash needed: —

Rent comps 11 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
5175 Trinity Park Dr Alviso, CA	4.0	3.5	1295	$4,995	$3.86	24d	1	0.32mi
4343 Renaissance Dr San Jose, CA	1.0–2.0	1.0–2.0	851	$4,305	$5.06	2d	12	0.86mi
2333 Calle del Mundo Santa Clara, CA	1.0–3.0	1.0–2.0	991	$6,214	$6.27	2d	15	0.92mi
32 Torregata Loop San Jose, CA	2.0	2.5	1130	$3,800	$3.36	15d	1	0.99mi
2230 Calle Del Mundo Santa Clara, CA	1.0–2.0	1.0–2.0	800	$4,919	$6.14	3d	9	1.00mi
5150 Calle del Sol Santa Clara, CA	3.0	1.0–3.0	1357	$13,431	$9.90	2d	89	1.08mi
1 Vista Montana San Jose, CA	1.0–3.0	1.0–2.0	1184	$5,013	$4.23	2d	7	1.15mi
99 Vista Montana San Jose, CA	1.0–3.0	1.0–3.0	1085	$4,713	$4.34	2d	20	1.16mi
1745 Nantucket Cir #577 Santa Clara, CA	2.0	2.0	975	$3,940	$4.04	3d	1	1.48mi
1600 Nantucket Cir Santa Clara, CA	1.0–2.0	1.0–2.0	893	$4,300	$4.82	4d	8	1.49mi
1625 Nantucket Cir #515 Santa Clara, CA	2.0	2.0	1051	$4,050	$3.85	13d	1	1.50mi

Listing history 23 events

1. 2026-06-18
   days on market $379,900 Active 24 DOM
2. 2026-06-17
   days on market $379,900 Active 23 DOM
3. 2026-06-16
   days on market $379,900 Active 22 DOM
4. 2026-06-15
   days on market $379,900 Active 21 DOM
5. 2026-06-13
   days on market $379,900 Active 19 DOM
6. 2026-06-13
   days on market $379,900 Active 18 DOM
7. 2026-06-09
   days on market $379,900 Active 15 DOM
8. 2026-06-08
   days on market $379,900 Active 14 DOM
9. 2026-06-07
   days on market $379,900 Active 13 DOM
10. 2026-06-05
    days on market $379,900 Active 10 DOM
11. 2026-06-03
    days on market $379,900 Active 9 DOM
12. 2026-06-02
    days on market $379,900 Active 8 DOM
13. 2026-06-01
    days on market $379,900 Active 7 DOM
14. 2026-05-31
    days on market $379,900 Active 6 DOM
15. 2026-05-25
    listed $379,900 Active 1261-char remark

    Show marketing remark (1261 chars)

    Beautifully remodeled and move-in ready, this spacious 1,344 sqft manufactured home features 3 bedrooms, 2 bathrooms, and a versatile bonus office area perfect for working from home, a playroom, or extra living space. The updated kitchen is designed with modern finishes including quartz countertops, stainless steel appliances, and plenty of cabinet space. All appliances including the refrigerator, stove, oven, microwave, dishwasher, washer, and dryer are included making this home truly move-in ready. Both bathrooms have also been upgraded with quartz countertops. The guest bathroom includes a tub/shower combo, while the primary bathroom features a separate tub and walk-in shower for added convenience and comfort. Additional features include A/C, central heat, ceiling fans, and a cozy electric fireplace, providing year-round comfort throughout the home. Step outside to enjoy the large fenced yard and spacious shaded porch, perfect for relaxing or entertaining guests. Two large storage sheds provide plenty of extra space for tools, equipment, or seasonal items. Located in a desirable family-friendly community in a great location close to shopping, dining, schools, and commuter access, this beautifully updated home is one you wont want to miss.

16. 2026-05-25
    listed $379,900 Active 1261-char remark

    Show marketing remark (1261 chars)

    Beautifully remodeled and move-in ready, this spacious 1,344 sqft manufactured home features 3 bedrooms, 2 bathrooms, and a versatile bonus office area perfect for working from home, a playroom, or extra living space. The updated kitchen is designed with modern finishes including quartz countertops, stainless steel appliances, and plenty of cabinet space. All appliances including the refrigerator, stove, oven, microwave, dishwasher, washer, and dryer are included making this home truly move-in ready. Both bathrooms have also been upgraded with quartz countertops. The guest bathroom includes a tub/shower combo, while the primary bathroom features a separate tub and walk-in shower for added convenience and comfort. Additional features include A/C, central heat, ceiling fans, and a cozy electric fireplace, providing year-round comfort throughout the home. Step outside to enjoy the large fenced yard and spacious shaded porch, perfect for relaxing or entertaining guests. Two large storage sheds provide plenty of extra space for tools, equipment, or seasonal items. Located in a desirable family-friendly community in a great location close to shopping, dining, schools, and commuter access, this beautifully updated home is one you wont want to miss.

17. 2016-11-10
    soldstatus $195,000 Sold 387-char remark

    Show marketing remark (387 chars)

    This 1344 sq ft home has 3 bedrooms and 2 full baths. It has been completely remodeled and is a desirable split floor plan. Upgrades include: laminate floors throughout, double pane windows, granite counter tops, updated kitchen and high end appliances, newer roof and a spacious side yard and back yard with artificial grass. This home has one of the lower space rents in the community.

18. 2016-10-19
    historical Contingent 387-char remark

    Show marketing remark (387 chars)

    This 1344 sq ft home has 3 bedrooms and 2 full baths. It has been completely remodeled and is a desirable split floor plan. Upgrades include: laminate floors throughout, double pane windows, granite counter tops, updated kitchen and high end appliances, newer roof and a spacious side yard and back yard with artificial grass. This home has one of the lower space rents in the community.

19. 2016-10-04
    price $199,000 387-char remark

    Show marketing remark (387 chars)

    This 1344 sq ft home has 3 bedrooms and 2 full baths. It has been completely remodeled and is a desirable split floor plan. Upgrades include: laminate floors throughout, double pane windows, granite counter tops, updated kitchen and high end appliances, newer roof and a spacious side yard and back yard with artificial grass. This home has one of the lower space rents in the community.

20. 2016-08-29
    listed $209,000 Active 387-char remark

    Show marketing remark (387 chars)

    This 1344 sq ft home has 3 bedrooms and 2 full baths. It has been completely remodeled and is a desirable split floor plan. Upgrades include: laminate floors throughout, double pane windows, granite counter tops, updated kitchen and high end appliances, newer roof and a spacious side yard and back yard with artificial grass. This home has one of the lower space rents in the community.

21. 1998-08-30
    historical
22. 1998-08-04
    soldstatus $85,000
23. 1998-04-29
    listed $87,950

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone AE · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 8 d/yr ≥91°F today · 16 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 7/10 Severe 13 unhealthy d/yr today · 13 by 30 yrs out

Taxation est. · year 1

• Rental income: $57,114
• − Mortgage interest: −$21,280
• − Property taxes: −$5,698
• − Insurance: −$7,018
• − Repairs & maintenance: −$4,569
• − Management: −$4,569
• − Depreciation: −$11,052
• Taxable income: $2,927
• Est. tax owed @ 24.0%: −$703
• After-tax cash flow: $7,794/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Santa Clara Unified
• NCES district ID: 0635430
• Math proficiency: 49% ▼ -3.00%
• Reading proficiency: 66% ▲ 4.00%
• Median HH income: $97,320
• Composite: 53.46/100
• National rank: #1459
• State rank: #75 of 517 in CA

Livability — San Jose

• Score: 78/100
• State rank: #68
• US rank: #2559

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing B- Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: San Jose, CA
• City population: 954,479
• Population (ZIP): 1,639

Population outlook (Santa Clara County) Hauer SSP2

• Today (2025): 2,179,074 people
• By 2030: 2,301,297 · +5.6%
• By 2040: 2,528,195 · +16.0%
• By 2050: 2,712,135 · +24.5%
• By 2075: 2,998,701 · +37.6%
• By 2100: 2,931,429 · +34.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Hispanic / Latino 59% Asian 23% White 14% Two or more races 12% Black 2%
• Hispanic origin (detail): Mexican 56%
• Common ancestry: Lithuanian 1% Italian 1% Portuguese 1%
• Foreign-born: 36% · Canada, China, Vietnam
• Languages at home: 38% English-only · Spanish 46% Chinese 6% Tagalog/Filipino 4%

Political lean MEDSL · Santa Clara

• 2024 margin: Solid D (+40.0) · D 68.1% · R 28.1% · Other 3.8%
• 2008→2024 swing: -0.9pp no change · 2008: 40.9pp · 2024: 40.0pp
• All cycles: 2024: D+40.0 2020: D+47.4 2016: D+52.5 2012: D+42.1 2008: D+40.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 21.71%
• Current HPI: 301.7165
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+331.9% since first listed

9 events — show timeline

• 2026-05-25 Listed $379,900 MLSListings
• 2026-05-25 Listed $379,900 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2016-11-10 Sold (MLS) $195,000 MLSListings
• 2016-10-19 Contingent — MLSListings
• 2016-10-04 Price Changed $199,000 MLSListings
• 2016-08-29 Listed $209,000 MLSListings
• 1998-08-30 Listing Removed — MLSListings
• 1998-08-04 Sold (MLS) $85,000 MLSListings
• 1998-04-29 Listed $87,950 MLSListings