1120 Park Avenue, San Jose, California 95126, San Jose, 95126 - 5 bed, 2 bath
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1120 Park Avenue
San Jose, California 95126
ACTIVE
CONDITION: POOR
5Beds
2Baths
1,100Sq Ft
5,808Lot Size
Property Price
LIST PRICE$1,100,000
EST. MARKET VALUE
$1,092,409
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,100,000—positioned well below the $1,092,410 Fair Market Value (Note: Market value is currently aligned with list price). This multi-unit asset features two residences on a single lot, offering significant rental income potential. With a Condition Rating of 5, the property requires comprehensive modernization of core systems and finishes. Located in the San Jose Unified school district, this is a strategic acquisition ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$1,092,409
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 Park Avenue Subject 5 bd · 2 ba · 1,100 sqft · $993 | $1,100,000* List Price | 5 | 2 | 1,100 | $993 | - |
A 537 Mayellen Avenue Active 3 bd · 1 ba · 1,000 sqft · $999 · 0.7 mi | $999,000 List Price | 3 | 1 | 1,000 | $999 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1946 (78 years old) with no record of major renovations. Visible surface-mounted electrical conduit indicates outdated electrical systems, and the exterior shows deferred maintenance with peeling paint. The property requires significant rehab to modernize the kitchen, baths, and core systems.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Configuration
The property features two separate homes on a single lot (3BR/1BA and 2BR/1BA), offering excellent potential for rental income or multi-generational living.
- Architectural Appeal
The front residence boasts high ceilings in the living area, creating an open and airy atmosphere that enhances the overall sense of interior space.
- Prime Location
Situated in a well-established San Jose neighborhood within the San Jose Unified school district, providing long-term value and desirability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1100, other record living area = 528. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
- Limited Bathroom Count
With a total of five bedrooms but only two bathrooms across both units, the low bathroom-to-bedroom ratio may be inconvenient for larger households.
- Dated Interior Finishes
Built in 1946 and featuring a mix of carpet and laminate flooring, the property likely requires modern cosmetic updates to maximize its market potential.
About 1120 Park Avenue
Two homes on one lot. Located in San Jose, the front home is a 3 bedroom 1 bathroom and the rear home is a 2 bedroom and 1 bath. They total approximately 1,900 square feet together and sit on a 5,808-square-foot lot. The interior features a combination of carpet and laminate flooring throughout. The living area in the front home benefits from high ceilings, adding a sense of spaciousness. The home is part of the San Jose Unified elementary school district. These residences offer a straightforward layout in a well-established neighborhood, providing a comfortable living environment with ample lot size. Come and see them today.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1946
- Lot Size
- 5,808 Sq. Ft.
Interior
- Total Bedrooms
- 5
- 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
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,100 | 1,721.238 |
| Lot Size | 5,808 | 6,271.145 |
| Price | $1.10M | $1.67M |
| Price per sq ft | $1.0K | $972 |
| Built year | 1946 | 1965 |
| HOA | $0 | $190 |
| Days on market | 93 | 38 |
Pricing History
Listed for Sale
Sep 13, 2026
$1,100,000
$1,400,000
-21% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$1,400,000
Initial Listing
Sold
Jul 26, 2018
$970,000
Public Record