Imagine the possibilities at 483 N 12th Street! Tucked away on a quiet interior street in a charming historic San Jose neighborhood, this spacious property offers incredible potential for homeowners, investors, and developers alike. The existing 1,888 square foot single-family home features 4 bedrooms and 3 full bathrooms with a versatile floor plan. A basement with additional room for storage. An inviting entry foyer opens to separate living, formal dining, and family rooms, while the open-concept kitchen creates a natural gathering space. The floor plan may also allow the rear portion of the home to function as a private living area with one bedroom, one bathroom, and a spacious living room. The addition of a kitchenette could create flexible multigenerational living, guest accommodations, or potential rental income. Outside, the spacious lot is ripe with opportunity. A detached two-car garage offers potential for an ADU conversion, while the R-2 zoning provides additional development possibilities. Buyers should independently verify all zoning, development, rental, and ADU possibilities with the City of San Jose. Conveniently located near San Jose State University, Japantown, Downtown San Jose, major commute routes, and Silicon Valley employers.