119 Delmas Avenue

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 property features three distinct living spaces: a charming main residence, a permitted 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 moments from 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.