1004 Vermont Street, San Jose, California 95126, San Jose, 95126 - 2 bed, 1 bath
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San Jose, California 95126
Analysis of 1004 Vermont Street, San Jose, California 95126 is currently available with a list price of $999,800. 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 San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1916 with no evidence of renovation. The listing explicitly targets builders and investors, highlighting R2 zoning and development potential, which indicates the structure is likely unlivable and the value lies in the land.
The R2 zoning and corner lot positioning provide a rare opportunity for multi-unit development or expansion in a high-demand residential area.
Situated on a corner lot surrounded by existing multi-unit properties, the site offers superior accessibility and architectural flexibility for future construction.
Marketed as a builder's gem, the property is ideally suited for investors looking to capitalize on the high-density surroundings and San Jose's strong rental market.
Originally built in 1916, the existing structure likely requires extensive modernization, structural updates, or a complete teardown to realize the land's full value.
At nearly $1,000,000 for only 940 square feet of living space, the valuation is heavily weighted toward land value, which may deter traditional buyers seeking a move-in-ready home.
Investors and builder's gem! The possibilities are grand. Corner property. Zoned R2. Surrounded by multi-unit properties.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 940 | 1,683.5 |
| Lot Size | 5,000 | 6,300 |
| Price | $999.8K | $1.70M |
| Price per sq ft | $1.1K | $1000 |
| Built year | 1916 | 1966 |
| HOA | $0 | $160 |
| Days on market | 5 | 35 |
Jul 17, 2026
$999,800
Initial Listing