
San Jose, California 95126
Analysis of 1250 Naglee Avenue, San Jose, California 95126 is currently available with a list price of $1,385,998. 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 1915 with no evidence of renovation, the property consists of two dilapidated structures on a large lot. The listing emphasizes redevelopment, land value, and 'significant potential for investment,' indicating the existing buildings are likely unlivable and intended for removal.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12394, living area = 1152.
Situated in one of San Jose's most prestigious and historic neighborhoods, this property is steps from the Rosicrucian Egyptian Museum and high-end local amenities, ensuring long-term desirability and value appreciation.
The rare 12,400-square-foot lot provides a massive footprint for a luxury custom estate, potential subdivision, or a multi-unit residential project in a high-demand area.
Built in 1915, the two existing residential structures are in 'older' condition and likely require a complete tear-down or an extensive, high-cost renovation to meet modern standards.
The property is being sold as a redevelopment opportunity, placing the burden and risk on the buyer to navigate complex City of San Jose zoning, permitting, and density requirements.
Rare opportunity to acquire a spacious 12,400± square foot lot in one of San Joses most sought-after neighborhoods. Located at 1250 Naglee Avenue, between Chapman Street and Morse Avenue, this property sits in the heart of the Rose Garden area, just moments from the renowned Rosicrucian Egyptian Museum, neighborhood parks, shopping, dining, and major commute routes. The property currently features two older residential structures and offers significant potential for redevelopment, renovation, or future investment opportunities. Existing utility infrastructure includes two addresses 1250 Naglee Ave & 12501/2 Naglee Ave, two gas meters and two electrical meters, providing added flexibility for investors and developers exploring the propertys possibilities. With its prime location, large lot size, and strong surrounding property values, this is a unique opportunity to create something special in one of San Joses most desirable residential communities. Buyers are encouraged to investigate development potential, zoning requirements, and permitted uses with the City of San Jose.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 18% |
| Square foot | 1,152 | 1,475 | 23% |
| Lot Size | 12,394 | 4,803 | 86% |
| Price | $1.39M | $1.53M | 36% |
| Price per sq ft | $1.2K | $1.1K | 77% |
| Built year | 1915 | 1939 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 83 | 5% |
May 31, 2026
$1,385,998
Initial Listing