1245 1245 Fleming Ave, San Jose, California 95127, San Jose, 95127 - 3 bed, 2 bath
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San Jose, California 95127
This Prime Redevelopment Asset in the East Foothills is listed at $1,299,000, representing a strategic investment in land value over the $995,045 Fair Market Value of the existing structure. With a Condition Rating of 6, the property offers significant upside through High Available Lot Utilization, providing a massive 19,895 sq ft lot as a canvas for a 3,500 sq ft custom residence plus an ADU. Enhanced by scenic foothill views, this rare 0.45-acre site represents a high-potential acquisition in a premier neighborhood. This opportunity is perfectly suited for Developers or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1245 1245 Fleming Ave Subject | $1,299,000* List Price | 3 | 2 | 1,601 | $622 | - |
A 372 Gloria Ave Sold | $1,375,000 | 4 | 1 | 1,881 | $731 | 1.0 mi |
B 10116 Vista Valle Court Sold | $1,300,000 | 4 | 3 | 2,134 | $609 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
The property is marketed primarily as a redevelopment opportunity and a 'canvas' for a new 3,500 sq ft custom home. Built in 1952 with no recorded renovations, the listing emphasizes the value of the nearly 20,000 sq ft lot over the existing structure.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19895, living area = 1601.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Unlock the potential of this rare opportunity to own in a premier neighborhood! Situated on an expansive 0.45-acre lot—nearly 20,000 sq ft—this property offers the perfect canvas to build your dream home to homes. With ample space for a 3,500 sq ft custom residence plus an ADU, the possibilities are endless. The existing 1,601 sq ft home, built in 1952, provides a starting point or redevelopment opportunity. Enjoy beautiful views of the San Jose foothills just across the street, adding natural charm to this exceptional setting. Create something truly special in one of the area’s most desirable locations.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,601 | 1,269 | 74% |
| Lot Size | 19,895 | 7,105 | 92% |
| Price | $1.30M | $1.04M | 73% |
| Price per sq ft | $811 | $778 | 52% |
| Built year | 1952 | 1954 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 68 | 145 | 26% |
Feb 13, 2026
$1,299,000
Initial Listing