1390 Saddle Rack Street 308, San Jose, California 95126, San Jose, 95126 - 2 bed, 2 bath
Loading property details...
San Jose, California 95126
This Value-Add Condominium represents a High-Potential Investment Opportunity, listed at $585,950—offering a stable entry point at its $585,950 Fair Market Value. Marketed with a Condition Rating of 4, this asset is a strategic "fixer" requiring cosmetic updates to reach the premium valuations of nearby comparable sales. Featuring a spacious 1,258 sq ft layout, pool, and spa, the property is located near Abraham Lincoln High in the San Jose Unified district. This is a high-upside acquisition perfectly suited for Fix-and-Flip Investors or Owner-Occupants looking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1390 Saddle Rack Street 308 Subject | $499,000* List Price | 2 | 2 | 1,258 | $466 | - |
A 1310 Saddle Rack Street 423 Sold | $750,000 | 2 | 2 | 1,258 | $596 | 0.1 mi |
B 809 Auzerais Avenue 341 Sold | $660,000 | 2 | 2 | 1,229 | $537 | 0.5 mi |
C 1390 Saddle Rack Street 234 Sold | $520,000 | 1 | 1 | 917 | $567 | 0.1 mi |
D 1310 Saddle Rack Street 347 Active | $698,888 List Price | 2 | 2 | 1,258 | $556 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this property is 22 years old and is explicitly marketed as a 'fixer' with 'TLC potential.' The listing notes it is not move-in ready, indicating deferred maintenance. While the 2004 construction suggests major systems are likely functional, the interior requires comprehensive cosmetic updates—including flooring, paint, and potentially kitchen/bathroom refurbishments—to meet modern standards and address the wear that led to its 'fixer' designation.
Identified as a fixer with strong TLC potential, this property offers a significant opportunity for investors or owner-occupants to build equity through strategic renovations.
Centrally located near downtown San Jose, major transit hubs, and commute routes, providing excellent accessibility for Silicon Valley professionals.
The gated community features a robust amenity package including a pool, spa, fitness center, clubhouse, and secure garage parking.
The property is in 'fixer' condition, necessitating an immediate capital outlay for repairs and updates before it is move-in ready.
The monthly association fee of $792 is relatively high, which increases the total monthly housing expense and may impact buyer affordability.
The assigned elementary and middle schools have lower ratings (4 and 3 respectively), which may be a drawback for families prioritizing top-tier educational districts.
Huge Price Drop... Priced to Sell! Need 24 Hour Notice to Show. Move in Ready... Spacious 1,258 sq ft condo with an open floor plan, great natural light, and strong TLC/Fixer potential. Enjoy a gated community with garage parking, pool, spa, fitness center, clubhouse, and landscaped courtyards. Centrally located near downtown San Jose, shopping, dining, transit, and major commute routes. Perfect for investors or owner-occupants ready to add value!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 1.0 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 | 2.0 | 2.0 | 50% |
| Square foot | 1,258 | 1,243.5 | 50% |
| Lot Size | 1,305 | - | 92% |
| Price | $499.0K | $782.5K | 8% |
| Price per sq ft | $397 | $616 | 8% |
| Built year | 2004 | 2005 | 50% |
| HOA | $792.0 | $651 | 75% |
| Days on market | 85 | 182 | 42% |
Apr 14, 2026
$499,000
$585,950
-15% Price Drop
Initial Listing
Feb 18, 2026
$585,950
$699,000
-16% Price Drop
Initial Listing
Jan 27, 2026
$699,000
Initial Listing
Nov 16, 2004
$453,500
Public Record