1094 S 2nd Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 1 bath
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San Jose, California 95112
This property presents a High-Potential Investment Opportunity with a List Price of $679,000—positioned well below the $675,748 Fair Market Value (effectively at market). While the structure carries a Condition Rating of 6 due to fire damage, the expansive 7,728 sqft lot offers significant redevelopment potential in a central San Jose location. This asset is a blank canvas for those capable of managing a full-scale rebuild. It is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize land value through creative development.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1094 S 2nd Street Subject | $679,000* List Price | 3 | 1 | 1,296 | $521 | - |
A 1001 S 10th Street Sold | $750,000 | 3 | 1 | 1,296 | $579 | 0.5 mi |
B 727 S 2nd Street Sold | $600,000 | 2 | 1 | 1,216 | $493 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1900 with significant fire damage; the structure is boarded up and unlivable, representing land value and redevelopment potential only.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7728, living area = 1296.
The oversized 7,728 sqft lot provides a rare and substantial footprint for redevelopment, offering ample space for expansion or the construction of a new custom residence in an urban setting.
Situated near downtown San Jose with immediate access to major freeways and public transit, the property is ideally located for high-demand urban living and future resale value.
The property has sustained fire damage, necessitating a complex and costly restoration process that requires specialized contractors and significant capital investment.
Built in 1900 with a 3-bedroom, 1-bathroom layout, the existing structure likely requires a total replacement of outdated electrical, plumbing, and mechanical systems to meet modern building codes.
If youre looking for a real estate investment with potential for development, this property offers a great opportunity to build sweat equity. This property has fire damage. The fixer-upper sits on a lot, begging for a creative redevelopment touch. Located in a convenient neighborhood close to downtown, with easy access to public transportation and freeways, its a prime spot. Don't miss your chance to transform this property into a stunning home while building equity in the process!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,296 | 1,683.5 |
| Lot Size | 7,728 | 6,300 |
| Price | $679.0K | $1.70M |
| Price per sq ft | $524 | $1000 |
| Built year | 1900 | 1966 |
| HOA | $0 | $160 |
| Days on market | 3 | 35 |
Jul 20, 2026
$679,000
Initial Listing
Nov 8, 2024
$840,000
Public Record