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1331 S King Road, San Jose, California 95122, San Jose, 95122 - 5 bed, 4 bath

1331 S King Road, San Jose, California 95122 home-pic-0
ACTIVE$850,000
1331 S King Road, San Jose, California 95122
5Beds
4Baths
2,232Sqft
5,883Lot

Price Vs. Estimate

The estimated value ($850,000) is $0 (0%) lower than the list price ($850,000). This property may be overpriced.

Key pros and cons

Top Pros:
Strategic Location & Future Growth: Proximity to the future Google Downtown San Jose campus (9 mins), major highways (101 & 680), and local amenities (retail, dining, schools, Downtown San Jose) positions the property for significant appreciation and convenience.
Top Cons:
Leased Solar Panels: The solar panel system is leased, which may entail ongoing monthly payments and contractual obligations for the new owner.

Compared to the nearby listings

Price:$850.0K vs avg $960.0K ($-110,000)23%
Size:2,232 sqft vs avg 1,210 sqft87%
Price/sqft:$381 vs avg $8103%

More Insights

Built in 1959 (66 years old).
Condition: Built in 1959, this property is 65 years old and shows significant signs of deferred maintenance and extreme outdatedness. The description explicitly states it's 'ready for your personal touch' and suggests buyers 'renovate, redevelop,' indicating a need for substantial rehabilitation rather than minor updates. Images reveal a cracked and unkempt driveway, neglected yard, and a very dated interior with old tile flooring and an old refrigerator placed in the hallway, suggesting a dysfunctional kitchen layout. While currently rented, it requires extensive repairs and system replacements to meet modern standards, aligning with the 'Poor' condition criteria.
Year Built
1959
Close
-
List price
$850K
Original List price
$950K
Price/Sqft
$381
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017903
Home ConditionPoor
Features
View-

About this home

Opportunity Knocks in the Heart of San Jose! Welcome to 1331 King Rd, a spacious single-story home in the vibrant Tropicana Village neighborhood just 9 minutes to the future Google Downtown San Jose campus. This 5-bedroom, 4-bathroom residence offers 2,232 sq. ft. of living space on a nearly 6,000 sq. ft. lot. Its flexible floor plan is perfect for a large family, savvy investor, or small business owner seeking a combined live/work space. Multiple parking spaces and low-maintenance yards add everyday convenience. Inside, youll find inviting spaces ready for your personal touch. Outside, youre steps from retail, dining, and schools and just minutes from Downtown San Jose, San Pedro Square Market, top dining destinations, the library, and golf all with easy access to Highways 101 & 680. Solar panel leased. Currently rented at $6,000/month, this property offers strong immediate income and exceptional future potential. Whether you choose to renovate, redevelop, or create a custom live/work residence, the prime location, generous lot, and versatile layout provide endless possibilities. With exceptionally low pricing, this is a rare value in todays market and it wont last long. Dont miss your chance to own a San Jose dream home with limitless opportunities.

Nearby schools

3/10
A. J. Dorsa Elementary School
Public,•K-5•0.2mi
5/10
Donald J. Meyer Elementary School
Public,•K-5•0.7mi
4/10
O. S. Hubbard Elementary School
Public,•K-8•0.4mi
3/10
Clyde L. Fischer Middle School
Public,•6-8•0.5mi
4/10
William C. Overfelt High School
Public,•9-12•0.8mi
Condition Rating
Poor
Built in 1959, this property is 65 years old and shows significant signs of deferred maintenance and extreme outdatedness. The description explicitly states it's 'ready for your personal touch' and suggests buyers 'renovate, redevelop,' indicating a need for substantial rehabilitation rather than minor updates. Images reveal a cracked and unkempt driveway, neglected yard, and a very dated interior with old tile flooring and an old refrigerator placed in the hallway, suggesting a dysfunctional kitchen layout. While currently rented, it requires extensive repairs and system replacements to meet modern standards, aligning with the 'Poor' condition criteria.
Pros & Cons

Pros

Strategic Location & Future Growth: Proximity to the future Google Downtown San Jose campus (9 mins), major highways (101 & 680), and local amenities (retail, dining, schools, Downtown San Jose) positions the property for significant appreciation and convenience.
Strong Income Generation: Currently generating $6,000/month in rental income, providing immediate cash flow and demonstrating strong investment potential.
Flexible & Versatile Layout: The 5-bedroom, 4-bathroom, 2,232 sq. ft. single-story layout on a nearly 6,000 sq. ft. lot offers adaptability for large families, investors, or live/work arrangements.
Generous Space & Practicality: Features a spacious interior, ample bedrooms/bathrooms, multiple parking spaces, and low-maintenance yards, enhancing livability and convenience.
Exceptional Value Proposition: Positioned with 'exceptionally low pricing' in the current market, offering a rare opportunity for value acquisition and potential for significant equity growth.

Cons

Leased Solar Panels: The solar panel system is leased, which may entail ongoing monthly payments and contractual obligations for the new owner.
Requires Renovation/Updates: The description indicates the interior is 'ready for your personal touch' and suggests renovation or redevelopment, implying the property may require significant investment to modernize or customize.
Property Age: Built in 1959, the home's age suggests potential for outdated systems, deferred maintenance, or the need for substantial upgrades to meet contemporary standards and buyer expectations.

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