
San Jose, California 95118
This property presents a High-Potential Investment Opportunity with a List Price of $500,000—positioned well below the $492,721 Fair Market Value by -1.45%. While the property requires cosmetic updates given its Condition Rating of 4, the single-level layout and proximity to Pioneer High School provide a stable foundation for value-add projects. The unit offers a functional floor plan in a desirable San Jose location, making it a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1314 Shawn Drive 1 Subject | $500,000* List Price | 2 | 1 | 810 | $608 | - |
A 1322 Shawn Drive 3 Sold | $538,000 | 2 | 1 | 903 | $596 | 0.0 mi |
B 4783 Capay Drive 1 Sold | $530,000 | 2 | 1 | 810 | $654 | 0.1 mi |
C 1054 Cedar Gables Drive Sold | $603,000 | 2 | 2 | 845 | $714 | 0.4 mi |
D 4970 Cherry Avenue 115 Sold | $525,000 | 1 | 1 | 675 | $778 | 0.3 mi |
E 1325 Joplin Drive 2 Active | $499,000 List Price | 2 | 1 | 903 | $553 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970 (54 years old), the property is dated and the listing description explicitly mentions needing 'personal touches' and 'love' to add value. The presence of a window AC unit suggests a lack of modern central HVAC, and the age of the structure without mentioned major renovations indicates systems and interiors are likely past their 20-year functional prime.
Listed at $500,000, this property represents a rare and highly affordable entry point into the San Jose real estate market, offering significant appeal for first-time buyers and investors.
The downstairs, one-level floor plan provides excellent accessibility and convenience, catering to a wide demographic of buyers who prefer to avoid stairs.
Ideally situated near major commute routes and within walking distance to Pioneer High School, the property offers easy access to essential shopping, dining, and recreation.
The property is noted as needing 'personal touches' and 'love,' indicating that immediate investment in cosmetic or functional updates is necessary to modernize the space.
At $534 per month, the association fee is relatively high for an 810-square-foot unit, which may impact the overall monthly affordability for budget-conscious buyers.
Here's your chance to own an affordable, one-level downstairs #1 unit in a convenient and desirable location. This 2-bedroom, 1-bath condo offers approximately 810 square feet of comfortable living space and is ideally situated near schools, shopping, restaurants, parks, and everyday conveniences. Enjoy easy access to major commute routes while being just minutes from popular local destinations and retail centers. With a little love and personal touches, this home offers an excellent opportunity to add value and make it your own. Perfect for first-time buyers, investors, or anyone seeking single-level living at an attractive price point.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.2 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 810 | 810 | 50% |
| Lot Size | - | - | 50% |
| Price | $500.0K | $527.5K | 17% |
| Price per sq ft | $617 | $645 | 33% |
| Built year | 1970 | 1970 | 50% |
| HOA | $534.0 | $515 | 67% |
| Days on market | 9 | 89 | 17% |
May 28, 2026
$500,000
Initial Listing
Jun 25, 2004
$281,000
Public Record
Sep 28, 2001
$250,000
Public Record