, California, San Jose, 95122 - 6 bed, 2 bath

, California

California

ACTIVE
CONDITION: TEAR DOWN
6Beds
2Baths
1,574Sq Ft
5,700Lot Size

Property Price

LIST PRICE$1,199,000
EST. MARKET VALUE
$1,106,483
7% AboveMARKET VALUE

SUMMARY

Analysis of , California reveals a property with a current list price of $1,199,000, which is 7% above the estimated $1,106,483 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.

Estimated Market Value

$1,106,483
Based on Realkey algorithm analyzing recent comparable sales in California.

Condition Analysis

OVERALL CONDITION SCORE

Tear down
TeardownExcellent

Property is land value only, full reconstruction required.

The property was built in 1968, making it 56 years old. Without any provided images or explicit mention of recent major renovations in the MLS details, it falls under the 'Tear-down' criteria: 'Property was built over 50 years ago with had no major renovations in the past 50 years.' A definitive assessment of the kitchen, bathrooms, and other interior features is impossible without visual information, but based solely on the age and lack of renovation data, it is presumed to require extensive work or be a candidate for redevelopment.

PROSSTRENGTHS & OPPORTUNITIES

  • High Bedroom Count

    With 6 bedrooms, this property offers significant flexibility for large families, multi-generational living, or potential for multiple home offices, a strong selling point in the San Jose market.

  • Desirable Location

    Located in San Jose, a major Silicon Valley hub, the property benefits from a strong job market, excellent amenities, and a historically appreciating real estate market.

  • Single Family Residence

    As a single-family home, it offers privacy, land ownership, and typically better long-term appreciation compared to attached housing options.

CONSRISKS & DEFICIENCIES

  • Extended Time on Market

    Listed since May 2022, the property has been active for over two years. This extended market time is a significant red flag, suggesting it may be overpriced, have underlying issues, or lack buyer appeal.

  • Age of Property & Required Updates

    Built in 1968, the home is over 50 years old, likely requiring significant updates to major systems (plumbing, electrical, HVAC) and aesthetics to meet modern buyer expectations and standards.

  • High Bedroom Density / Low Bath Ratio

    Six bedrooms with only two bathrooms in 1574 sqft suggests very small room sizes, potentially awkward layouts, or unpermitted conversions, and an inadequate number of bathrooms for the bedroom count, which can be a functional drawback for a large household.

About

Exceptional opportunity in California. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.

Property Details

Public Facts

Property Type
Single Family Residence
Year Built
1968
Lot Size
5,700 Sq. Ft.

Interior

Total Bedrooms
6
Total Bathrooms
2 (2 Full, 0 Half)

Exterior & Parking

No exterior & parking available.

Utilities & Misc

HOA Fee
$0 / Month

Neighborhood Insights

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds6.03.0
97%
Baths2.02.0
50%
Square foot1,5741,122
90%
Lot Size5,7005,300
68%
Price$1.20M$910.0K
94%
Price per sq ft$762$794
39%
Built year19681961
74%
HOA$0$0
50%
Days on market1376149
0%

Pricing History

Listed for Sale

May 31, 2022

$1,199,000

Initial Listing

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