
San Jose, California 95116
This High-Potential Residential Income Asset is a Strong Value Opportunity with a List Price of $1,495,000—positioned well below the $1,579,306 Fair Market Value by 5%. This valuation gap provides $84,306 in Instant Equity. Featuring a Condition Rating of 4 and a private patio, the property offers immediate cash flow on an expansive 10,454 sq ft lot with significant upside through ADU development or lot subdivision. Located near Highway 101, this is a strategic acquisition for Buy-and-Hold Investors or House-Hackers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 130305 Danube Way Subject | $1,495,000* List Price | 0 | 0 | 1,826 | $865 | - |
A 139 S 19th Street Active | $1,525,000 List Price | 0 | 0 | 1,484 | $1,028 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1980, this property is functional and well-maintained for a rental but shows significant signs of being outdated. The kitchen features older oak-style cabinetry and a mix of appliances, including an older white electric range. Bathrooms contain basic, dated vanities and fixtures. While the flooring has been updated to laminate in some areas, the overall aesthetic, lighting, and systems reflect the property's age without evidence of a recent comprehensive renovation.
The oversized 10,454 sq ft lot provides a rare opportunity to add up to two ADUs or potentially subdivide the parcel, allowing for a substantial increase in density and rental yield.
Ideally situated near Highway 101 and downtown San Jose, the property offers excellent access to major employment corridors, ensuring consistently high tenant demand and long-term appreciation.
As a well-maintained duplex with a 2-bedroom and a 3-bedroom unit, the property generates immediate cash flow and is suitable for 1031 exchanges, house-hacking, or portfolio building.
The potential for ADUs and subdivision is subject to independent verification of municipal codes, meaning the buyer faces uncertainty regarding the time and cost of securing city approvals.
Built in 1980, the property may require significant capital expenditures for system upgrades or modernizations to achieve the projected $10,000+ monthly stabilized rent.
Exceptional investment opportunity in the heart of Silicon Valley! This well-maintained duplex sits on a generous 10,454 sq ft lot and offers immediate rental income with significant upside potential. Unit 1 features 2 bedrooms, 1 bath, and an attached garage. Unit 2 features 3 beds, 2 baths (1 ground-floor bedroom), and an attached garage. With its oversized lot, this property may have the potential to add up to two additional ADUs of up to 800 sq ft each, subject to the buyer's independent verification of applicable zoning, municipal codes, and permitting requirements. If realized, a fully stabilized 4-unit portfolio on a single parcel could generate estimated gross rents of $10,000+/month. Another strong consideration would be subdividing the existing lot into multiple parcels. Perfectly positioned near Hwy 101, downtown San Jose, and major Silicon Valley employment corridors. Whether you're a seasoned 1031 exchange investor, a house-hacker looking to offset your mortgage, or a long-term buy-and-hold portfolio builder, this is the value-add asset you've been waiting for.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,826 | 1,826 | 50% |
| Lot Size | 10,454 | 10,454 | 50% |
| Price | $1.50M | $1.50M | 50% |
| Price per sq ft | $819 | $784 | 67% |
| Built year | 1980 | 1957 | 67% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 153 | 33% |
Mar 16, 2026
$1,495,000
Initial Listing