
San Jose, California 95122
This Turnkey Income-Producing Asset represents a Strong Value Opportunity with a List Price of $488,888—positioned well below the $539,962 Fair Market Value by 9%. This valuation gap secures $51,074 in Instant Equity for the incoming owner. Maintaining a Good Condition Rating, the property features an Updated Kitchen and End-Unit Privacy, coming fully occupied with reliable tenants for immediate cash flow. Located near major Silicon Valley freeways and retail hubs, this is a high-demand acquisition for Buy-and-Hold Investors or first-time investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1395 Mcquesten Drive D Subject | $488,888* List Price | 2 | 1 | 876 | $616 | - |
A 1117 Indian Summer Court 4 Sold | $545,000 | 2 | 1 | 953 | $572 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1980, the property is described as a turnkey investment with a comfortably updated kitchen and bathroom. Exterior photos show well-maintained grounds, a newer-looking roof, and energy-efficient double-pane windows. The 'good' rating reflects its move-in ready condition and the presence of key updates that mitigate its chronological age.
The property is sold fully occupied with reliable, long-term tenants, offering immediate cash flow and a hassle-free addition to an investment portfolio from day one.
Ideally situated within walking distance to Grand Century Shopping Mall and Walmart, with exceptionally easy access to major Silicon Valley arteries including Freeways 101, 280, and 680.
As an end-unit, the home enjoys superior natural light and privacy, complemented by energy-efficient double-pane windows and a private balcony.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1114, other record lot size in square feet = 1200.
The 876-square-foot layout includes only one bathroom, which may limit appeal for larger households or tenants prioritizing more spacious living arrangements.
The $500 monthly association fee is a substantial recurring expense that potential investors must factor into their net operating income and overall ROI calculations.
Calling all investors to this incredible turnkey opportunity at this highly sought-after unit in San Jose! This bright and beautifully maintained 876-square-foot, 2-bedroom, 1-bathroom end-unit condo is the perfect hassle-free addition to your real estate portfolio, coming fully occupied with reliable, long-term tenants for immediate cash flow from day one. Inside, the home boasts abundant natural light, energy-efficient double-pane windows, a comfortably updated kitchen and bathroom, and a private balcony perfect for relaxing. Practicality meets convenience with a detached one-car garage plus an additional permitted parking space, while the low-maintenance HOA simplifies your landlord duties by covering the roof, common area insurance, and exterior maintenance. Situated in a high-demand East San Jose rental market, this location practically rents itself, offering tenants the ultimate convenience of being within walking distance to the Grand Century Shopping Mall, Walmart, and local dining. It is also just a short trip to Downtown San Jose and Kelley Park, with incredibly easy commuter access to Freeways 280, 101, and 680. Skip the turnover costs and the hunt for new renters, and seize this rare chance to enjoy a stable, income-producing investment in a prime Silicon Valley!
No exterior & parking available.
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 | 876 | 919 | 25% |
| Lot Size | 1,114 | - | 88% |
| Price | $488.9K | $557.5K | 25% |
| Price per sq ft | $558 | $575 | 38% |
| Built year | 1980 | 1980 | 50% |
| HOA | $500.0 | $469 | 63% |
| Days on market | 26 | 116 | 13% |
Mar 27, 2026
$488,888
Initial Listing
Nov 3, 2017
$395,000
Public Record
Sep 11, 2014
$248,000
Public Record
Jun 24, 2009
$115,500
Public Record
Jun 15, 2007
$382,000
Public Record
Feb 10, 2005
$285,000
Public Record