1263 Bouret Drive 2, San Jose, California 95118, San Jose, 95118 - 2 bed, 1 bath
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San Jose, California 95118
This Prime Investment Opportunity is a 2-bedroom condominium listed at a List Price of $550,000, positioned well below the $564,195 Fair Market Value by 2%. This valuation gap provides $14,195 in Instant Equity. With a Condition Rating of 4, the home features central HVAC and an open layout, though it remains dated. Located in the San Jose Unified district near Pioneer High, it is an ideal asset for Buy-and-Hold Investors or first-time buyers seeking entry into a competitive market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1263 Bouret Drive 2 Subject | $550,000* List Price | 2 | 1 | 903 | $625 | - |
A 1322 Shawn Drive 3 Sold | $538,000 | 2 | 1 | 903 | $596 | 0.1 mi |
B 1054 Cedar Gables Drive Sold | $603,000 | 2 | 2 | 845 | $714 | 0.4 mi |
C 4970 Cherry Avenue 115 Sold | $525,000 | 1 | 1 | 675 | $778 | 0.3 mi |
D 1325 Joplin Drive 2 Active Under Contract | $499,000 List Price | 2 | 1 | 903 | $553 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property is well-maintained and functional with central HVAC and tile flooring, but remains dated with popcorn ceilings and older bathroom cabinetry. It requires minor cosmetic updates to meet modern standards.
At a list price of $550,000, this property represents a rare and highly accessible entry point into the San Jose real estate market, offering significant value for first-time buyers or investors.
The inclusion of both central forced air heating and central air conditioning is a major asset for a 1970s build, ensuring modern comfort and energy efficiency.
The home is conveniently located within the San Jose Unified district and is less than a mile from Pioneer High School, which carries a solid rating of 7.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3170, other record lot size in square feet = 436.
The association fee of $534 per month is relatively high for a 903 sq ft unit, which may impact the overall monthly affordability and borrowing power for some buyers.
The 2-bedroom, 1-bath configuration can be a significant drawback for families or co-living situations, potentially limiting the pool of interested buyers compared to units with 1.5 or 2 baths.
By appointment only. This 2-bedroom, 1-bath home offers 903 sq ft of living space on a 3,170 sq ft lot. The kitchen features electric oven, microwave, and refrigerator, combined with the family room in an open layout, creating a functional eat-in space. Tile flooring runs throughout the home, adding durability and ease of maintenance. Heating and cooling are provided by central forced air and central AC systems. The property includes a 1-car garage and access to a community pool facility. Located within the San Jose Unified elementary school district, this home provides convenient access to local schools.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 903 | 988 |
| Lot Size | 3,170 | 1,550 |
| Price | $550.0K | $671.0K |
| Price per sq ft | $609 | $625 |
| Built year | 1970 | 1985 |
| HOA | $534.0 | $586 |
| Days on market | 25 | 48 |
Jun 27, 2026
$550,000
Initial Listing
Aug 13, 2021
$565,000
Public Record
Dec 31, 2009
$195,000
Public Record
Nov 17, 2009
$50,000
Public Record
Aug 29, 2008
$197,000
Public Record
May 30, 2003
$248,000
Public Record