1274 Magnolia Avenue, San Jose, California 95126, San Jose, 95126 - 3 bed, 1 bath
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San Jose, California 95126
This Single Family Residence is a High-Potential Investment Opportunity, listed at $1,498,000—positioned slightly above the $1,472,133 Fair Market Value. While priced at market, the property offers significant upside through its Good Condition Rating and expansion potential, including a high-ceiling attic and a detached garage with ADU possibilities. Featuring a Granite Kitchen, Private Spa, and Raised Deck, this home balances historic charm with modern utility. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage future development potential in the San Jose Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1274 Magnolia Avenue Subject | $1,498,000* List Price | 3 | 1 | 1,404 | $1,049 | - |
A 152 S Morrison Avenue Sold | $1,650,000 | 3 | 2 | 1,288 | $1,281 | 0.6 mi |
B 1519 Burrell Court Sold | $1,375,000 | 2 | 1 | 1,072 | $1,283 | 0.7 mi |
C 1201 Hester Avenue Sold | $1,698,888 | 4 | 3 | 1,784 | $952 | 0.1 mi |
D 1494 Mckendrie Street Sold | $1,340,000 | 2 | 2 | 1,086 | $1,234 | 0.8 mi |
E 49 S Morrison Avenue Pending | $1,549,888 List Price | 3 | 2 | 1,336 | $1,160 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1900, the property has undergone significant renovations that place it in the 'Good' category. The kitchen features maple shaker cabinetry, granite countertops, and a pot filler, suggesting a high-quality renovation within the 5-15 year range. The interior boasts updated recessed lighting, skylights, and well-maintained hardwood and bamboo flooring, making it move-in ready with no immediate maintenance apparent.
The property offers exceptional value-add opportunities with a high-ceiling attic suitable for a second-story addition and a detached two-car garage with ADU potential, allowing for increased square footage and rental income.
This 1900s home perfectly balances timeless character, such as etched glass bay windows and high ceilings, with contemporary essentials like a remodeled granite kitchen, skylights, and rich oak hardwood flooring.
The private backyard serves as a curated retreat featuring a raised deck, hot tub, and a vibrant orchard with mature fruit trees, providing a rare level of tranquility and functional outdoor space for the area.
With three bedrooms but only one bathroom, the current configuration may pose a challenge for families and could limit the property's appeal compared to more modern multi-bath layouts.
As a structure built in 1900, the home may require ongoing maintenance or updates to aging systems that are common in century-old properties, potentially leading to higher long-term ownership costs.
Welcome to 1274 Magnolia Ave, a charming 3-bedroom, 1-bath home where timeless character meets everyday comfort. Filled with natural light, this inviting home features a skylight tunnel in the dining area and a gas fireplace with built-in bookshelves. The living room is highlighted by a bay window with etched glass, an elegant nod to the homes early 1900s design. Privacy windows and recessed lighting enhance both comfort and style throughout. The kitchen offers soaring ceilings, maple shaker cabinetry, granite countertops with tile backsplash, and a gas range with pot filler. Rich 4 oak hardwood floors and beautifully matched bamboo flooring create a seamless flow. A French door opens to a private backyard retreat with a raised deck, hot tub, and a vibrant orchard featuring peach, cherry, lemon, and pear trees, along with raised beds, roses, and lavender. A high-ceiling attic offers exciting potential for future expansion, including the possibility of creating a second story with additional bedrooms and bathrooms (buyer to verify). Detached 2-car garage with laundry and storage offers ADU potential (buyer to verify). Ideally located near coffee shops, dining, shopping, and major commute routes.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 1,404 | 1,487.5 | 39% |
| Lot Size | 4,633 | 5,302 | 33% |
| Price | $1.50M | $1.57M | 44% |
| Price per sq ft | $1.1K | $1.0K | 50% |
| Built year | 1900 | 1936 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 53 | 101 | 11% |
May 14, 2026
$1,498,000
$1,650,000
-9% Price Drop
Initial Listing
Apr 14, 2026
$1,650,000
Initial Listing
Mar 29, 2018
$1,300,000
Public Record
Apr 1, 1998
$152,000
Public Record
May 2, 1994
$30,000
Public Record