1310 Rosalia Avenue, San Jose, California 95130, San Jose, 95130 - 2 bed, 1 bath
ACTIVE$2,399,000
1310 Rosalia Avenue, San Jose, California 95130
2Beds
1Bath
1,088Sqft
10,370Lot
Price Vs. Estimate
The estimated value ($2,203,134.83) is $195,865.17 (8%) lower than the list price ($2,399,000). This property may be overpriced.
Key pros and cons
Top Pros:
Significant Development Opportunity: The property is explicitly marketed as an 'Amazing flat rectangular-shaped lot ready to build your 4500 sqft home,' highlighting its primary value as a development site.
Top Cons:
Outdated and Small Existing Structure: The current 1949-built, 1088 sqft, 2-bedroom, 1-bathroom home is likely considered a tear-down or requires extensive renovation, offering limited immediate value.
Compared to the nearby listings
Price:$2.40M vs avg $2.05M (+$349,000)87%
Size:1,088 sqft vs avg 1,288 sqft9%
Price/sqft:$2.2K vs avg $1.5K96%
More Insights
Built in 1949 (76 years old).
Condition: The property was built in 1949, making it 75 years old. The listing description explicitly states the lot is 'ready to build your 4500 sqft home' and that 'Architectural blueprint is available for ownership transfer,' strongly indicating the value is in the land for redevelopment. There is no mention of any recent renovations, and the existing 1088 sqft home is likely considered obsolete or in a condition requiring demolition for new construction. The exterior image shows an older, unmaintained structure consistent with a property whose primary value is its land.
Year Built
1949
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$2,205
HOA
-
Days on market
-
Sold On
-
MLS number
ML82022521
Home ConditionTear down
Features
View-
About this home
***TRANSPARENT PRICE*** Ready to call Silicon Valley home for you and your beloved family? Amazing flat rectangular-shaped lot ready to build your 4500 sqft home. Architectural blueprint is available for ownership transfer. Current home is approximately 1088 sqft with 2bd/1ba according to County records. It is sitting on a 10,370 sqft lot.
Nearby schools
7/10
George C. Payne Elementary School
Public,•K-5•0.4mi
6/10
Moreland Middle School
Public,•6-8•0.9mi
7/10
Prospect High School
Public,•9-12•1.6mi
Condition Rating
Tear down
The property was built in 1949, making it 75 years old. The listing description explicitly states the lot is 'ready to build your 4500 sqft home' and that 'Architectural blueprint is available for ownership transfer,' strongly indicating the value is in the land for redevelopment. There is no mention of any recent renovations, and the existing 1088 sqft home is likely considered obsolete or in a condition requiring demolition for new construction. The exterior image shows an older, unmaintained structure consistent with a property whose primary value is its land.
Pros & Cons
Pros
Significant Development Opportunity: The property is explicitly marketed as an 'Amazing flat rectangular-shaped lot ready to build your 4500 sqft home,' highlighting its primary value as a development site.
Expansive Lot Size: A generous 10,370 sqft lot in San Jose provides ample space for a substantial new residence, extensive landscaping, or potential accessory dwelling units (ADUs).
Prime Silicon Valley Location: Situated in San Jose, a highly sought-after city within Silicon Valley, offering strong market demand, economic opportunities, and potential for long-term appreciation.
Available Architectural Blueprints: The inclusion of architectural blueprints for a 4500 sqft home significantly streamlines the development process, saving the buyer considerable time and cost on design and permitting.
Highly-Rated Elementary School Access: Proximity to George C. Payne Elementary School (rated 7) within 0.43 miles is a strong draw for families with young children.
Cons
Outdated and Small Existing Structure: The current 1949-built, 1088 sqft, 2-bedroom, 1-bathroom home is likely considered a tear-down or requires extensive renovation, offering limited immediate value.
High Price Point for Land Value: The $2.399 million list price primarily reflects the value of the land and its development potential, making it a significant investment where the existing structure holds minimal intrinsic value.
Immediate Livability Constraints: The current dwelling's age, size, and condition suggest it is not suitable for immediate move-in for buyers seeking a modern family home, necessitating a construction project.