1273 Sierra Avenue, San Jose, California 95126, San Jose, 95126 - 3 bed, 2 bath
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1273 Sierra Avenue
San Jose, California 95126
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,664Sq Ft
7,000Lot Size
Property Price
LIST PRICE$1,550,000
EST. MARKET VALUE
$1,587,937
SUMMARY
This 1921 Ranch-style home in the historic Hanchett Park neighborhood presents a Prime Investment Opportunity with a List Price of $1,550,000—positioned well below the $1,587,937 Fair Market Value by 2%. This valuation gap offers $37,937 in Instant Equity. Featuring a Condition Rating of 3, the property offers significant expansion potential on a 7,000 sqft lot. With proximity to Diridon Station and San Jose Unified schools, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Estimated Market Value
$1,587,937
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 |
|---|---|---|---|---|---|---|
★ 1273 Sierra Avenue Subject 3 bd · 2 ba · 1,664 sqft · $954 | $1,550,000* List Price | 3 | 2 | 1,664 | $954 | - |
A 1299 Yosemite Avenue Sold 2 bd · 2 ba · 1,668 sqft · $929 · 0.1 mi | $1,550,000 | 2 | 2 | 1,668 | $929 | 0.1 mi |
B 35 Tillman Avenue Sold 3 bd · 2 ba · 2,039 sqft · $944 · 0.2 mi | $1,925,000 | 3 | 2 | 2,039 | $944 | 0.2 mi |
C 1516 Hester Avenue Sold 3 bd · 2 ba · 1,452 sqft · $1,019 · 0.3 mi | $1,480,000 | 3 | 2 | 1,452 | $1,019 | 0.3 mi |
D 422 Mayellen Avenue Sold 3 bd · 2 ba · 1,667 sqft · $684 · 0.6 mi | $1,140,000 | 3 | 2 | 1,667 | $684 | 0.6 mi |
E 1666 Topeka Avenue Sold 3 bd · 2 ba · 1,869 sqft · $974 · 0.7 mi | $1,820,000 | 3 | 2 | 1,869 | $974 | 0.7 mi |
F 1274 Magnolia Avenue Sold 3 bd · 1 ba · 1,404 sqft · $1,033 · 0.3 mi | $1,450,000 | 3 | 1 | 1,404 | $1,033 | 0.3 mi |
G 1027 Garland Avenue Sold 4 bd · 3 ba · 1,535 sqft · $1,087 · 0.2 mi | $1,668,000 | 4 | 3 | 1,535 | $1,087 | 0.2 mi |
H 1387 Hester Avenue Active 4 bd · 3 ba · 1,730 sqft · $1,153 · 0.3 mi | $1,995,000 List Price | 4 | 3 | 1,730 | $1,153 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While built in 1921, the home shows significant recent cosmetic updates including new wide-plank flooring, fresh neutral paint, and updated lighting. The interior is well-maintained and move-in ready. However, the kitchen (visible in background) retains older square tile and dated cabinetry, and the listing description suggests it is an 'opportunity to create your dream home,' implying that while functional, the primary systems and wet areas likely require modernization to reach an excellent rating.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Historic Location
Situated in the prestigious Hanchett Park neighborhood, the property offers exceptional walkability to The Alameda's dining and easy access to major transit hubs like Diridon Station and SAP Center.
- Significant Expansion Potential
The generous 7,000-square-foot lot provides ample space for future additions or an ADU, offering a rare opportunity to build equity and customize a dream home in a high-demand area.
- Versatile Floor Plan
The 1,664-square-foot layout includes three bedrooms plus a dedicated office, perfectly catering to modern work-from-home needs while retaining its 1921 architectural charm.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1921, the home likely requires significant modernization of core systems and potential structural updates to meet contemporary living standards and energy efficiency.
- Market Stagnation
With over 40 days on the market and a recent price reduction, the property is experiencing slower-than-average momentum, suggesting the current price may still be high relative to its condition.
About 1273 Sierra Avenue
Fabulous location and exceptional curb appeal! This beautiful 1921 Ranch-style home is in the heart of the historic Hanchett Park community, just blocks from neighborhood-favorite restaurants along The Alameda. Enjoy convenient access within walking distance of SAP Center, and easy access to Diridon Station, downtown San Jose, Santana Row, and major transportation routes. This charming home offers 3-bedroom, 2-bathrooms a dedicated office, in a spacious lot with plenty of room to expand. it's inviting layout and generous outdoor space provide an excellent opportunity to create your dream home in this highly desirable neighborhood. within the San Jose Unified School District.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1921
- Lot Size
- 7,000 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Merritt Trace Elementary School
Grades K-5 • 0.6 mi
4/10
Gardner Elementary School
Grades K-5 • 1.1 mi
4/10
Herbert Hoover Middle School
Grades 6-8 • 0.5 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,664 | 1,721.238 |
| Lot Size | 7,000 | 6,271.145 |
| Price | $1.55M | $1.67M |
| Price per sq ft | $931 | $972 |
| Built year | 1921 | 1965 |
| HOA | $0 | $190 |
| Days on market | 65 | 38 |
Pricing History
Listed for Sale
Oct 7, 2026
$1,550,000
$1,595,000
-3% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$1,595,000
Initial Listing