1196 Herald Avenue, San Jose, California 95116, San Jose, 95116 - 6 bed, 5 bath
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San Jose, California 95116
This High-Yield Value-Add Asset is listed at $1,049,000, featuring a rare 9-bedroom, 7-bathroom configuration that is exceptionally scarce in the San Jose market. Although priced above the $977,623 Fair Market Value, the property includes Owned Solar and massive square footage, justifying the investment for those targeting high rental density. Currently holding a Poor Condition Rating, the residence requires significant TLC to unlock its full potential. Located near major commute routes and shopping, it is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Property is extensive renovation needed.
Built in 1981 (45 years old), the property exceeds the 30-year threshold for the 'poor' category. The listing explicitly states it 'needs some TLC' and is a 'value-add opportunity' for investors, indicating that the kitchen, bathrooms, and systems likely require significant rehabilitation rather than minor cosmetic updates.
With a rare 9-bedroom and 7-bathroom configuration, this property offers exceptional rental yield potential and is perfectly suited for house-hacking or multi-generational living.
The inclusion of owned solar panels provides a significant value-add by reducing long-term energy costs, which is particularly beneficial for a large-scale residence.
Centrally located in San Jose with rapid access to Highways 101, 280, 680, and 87, the property ensures high desirability for tenants and easy connectivity to Silicon Valley tech hubs.
The property is identified as needing 'TLC,' indicating that buyers will need to budget for immediate capital expenditures to address repairs and cosmetic upgrades.
As an attached home, the property may offer less privacy than a detached single-family residence and could be subject to limitations regarding exterior modifications or expansions.
Investor/owner opportunity! This two-story attached home is centrally located in San Jose and offers 9 bedrooms, 7 bathrooms, 2,821 sq ft of living space, and owned solar. The home needs some TLC, making it a great value-add opportunity. Ideal for living in while renting out additional rooms for extra income. Conveniently located near shopping centers with easy access to Highways 680, 280, 101, and 87. A great opportunity you wont want to miss!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 91% |
| Baths | 5.0 | 2.0 | 96% |
| Square foot | 2,821 | 1,296 | 96% |
| Lot Size | 6,634 | 4,791 | 83% |
| Price | $1.05M | $965.0K | 61% |
| Price per sq ft | $372 | $798 | 4% |
| Built year | 1981 | 1978 | 70% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 125 | 9% |
May 5, 2026
$1,049,000
Initial Listing
Apr 26, 2018
$58,000
Public Record
Sep 9, 2014
$480,000
Public Record
Dec 30, 2010
$305,000
Public Record
Jan 14, 2000
$280,000
Public Record