
San Jose, California 95111
Analysis of 132 San Ramon Drive, San Jose, California 95111 is currently available with a list price of $1,288,888. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1973 and explicitly marketed as a 'value-add' opportunity, the property shows clear signs of deferred maintenance. The exterior image reveals a heavily cracked and aged driveway, while the property description and significant price drop from its 2023 sale price ($1.6M to $1.29M) suggest substantial underlying condition issues. As a 50-year-old structure requiring modernization and significant repairs to meet market standards, it fits the criteria for poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 32513, living area = 4336.
This rare multi-unit configuration with 6 bedrooms and over 4,300 sqft provides immediate cash flow opportunities for investors or house-hackers in a high-demand rental corridor.
Situated on a massive 32,513 sqft lot, the property offers rare privacy and significant potential for expansion or the addition of ADUs to maximize land value.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =32513, other record lot size in square feet = 31500.
Built in 1973 and marketed as a 'value-add' opportunity, the property likely requires modernization or significant repairs to meet current market standards.
The current list price is significantly lower than the 2023 sale price of $1.6M, which may indicate underlying condition issues or a strategy to spark a bidding war.
Minutes from major tech campuses including Apple, NVIDIA, Google, Adobe, and PayPal, this rare multi-unit opportunity sits in one of Silicon Valleys strongest rental corridors. Where high-income job demand drives long-term value. Tucked away on its own quiet street, the property sits on a massive lot offering flexibility, privacy, and future upside. Multiple units create immediate income potential with options for investors, house-hackers, or value-add buyers. The oversized lot opens the door for expansion possibilities or additional improvements - Buyer to verify. Quick access to Hwy 87 & 101, Downtown San Jose, Santana Row, Valley Fair, dining, shopping, and daily conveniences makes this location extremely desirable for tenants and owner-occupants alike. Strategically priced to generate strong competition. Exceptional opportunity for cash flow and appreciation in a high-demand tech-driven market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 4.0 | 93% |
| Baths | 3.0 | 2.0 | 52% |
| Square foot | 4,336 | 1,678 | 96% |
| Lot Size | 32,513.18 | 6,000 | 96% |
| Price | $1.29M | $1.19M | 74% |
| Price per sq ft | $297 | $732 | 4% |
| Built year | 1973 | 1969 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 49 | 99 | 7% |
Mar 4, 2026
$1,288,888
Initial Listing
Oct 11, 2023
$1,600,000
Public Record