
Santa Clara, California 95051
This property presents a High-Potential Investment Opportunity with a List Price of $499,000—positioned well below the $424,074 Fair Market Value by -17%. While the unit requires a full cosmetic rehab given its Condition Rating of 5, the top-floor privacy, vaulted ceilings, and gated community amenities provide a solid foundation for value-add projects. Located near major Silicon Valley employers and Santa Clara University, this asset is perfectly suited 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 |
|---|---|---|---|---|---|---|
★ 1400 Bowe Avenue 1206 Subject 1 bd · 1 ba · 825 sqft · $514 | $499,000* List Price | 1 | 1 | 825 | $514 | - |
A 966 Kiely Boulevard H Active 1 bd · 1 ba · 670 sqft · $596 · 0.5 mi | $399,000 List Price | 1 | 1 | 670 | $596 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1984 (40 years old) with no evidence of modern updates. The interior features original popcorn ceilings, dated 1980s-style tile countertops with wood trim, and aging carpets. The listing description explicitly invites buyers to 'transform this space,' confirming the need for a full cosmetic rehab of the kitchen, bathroom, and flooring.
Ideally situated near major tech employers, Santa Clara University, and key transit corridors like Highways 101 and 280, offering exceptional convenience for commuters and high rental demand.
As a top-floor unit with vaulted ceilings and no neighbors above, the property offers enhanced privacy, a quiet living environment, and an airy, light-filled atmosphere.
The residence is located within a secure gated community and includes a designated covered carport plus ample guest parking, providing a level of security and convenience rare for this price point.
The $651 monthly association fee is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio and overall monthly affordability for some buyers.
The listing indicates a need for 'vision and creativity,' implying the unit is likely in original condition and will require immediate capital investment for modern updates and repairs.
Welcome to this top-floor 1-bedroom, 1-bathroom condo featuring vaulted ceilings, abundant natural light, and added privacy with no neighbors above. Bring your vision and creativity to transform this space into a home that reflects your personal style. Situated in a gated community, this home includes a designated covered carport space and ample guest parking. The HOA covers water and trash, adding to the convenience of everyday living. Ideally located near Central Park, Santa Clara University, major Silicon Valley employers, San Jose Airport, restaurants, shopping, and grocery stores. With easy access to Highways 101, 280, 237, and Lawrence Expressway, this condo offers a wonderful opportunity to create a home of your own in a convenient Silicon Valley location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 1.5 |
| Square foot | 825 | 1,006.2 |
| Lot Size | - | 1,067.275 |
| Price | $499.0K | $684.0K |
| Price per sq ft | $605 | $630 |
| Built year | 1984 | 1982 |
| HOA | $651.0 | $652 |
| Days on market | 9 | 57 |
Oct 15, 2026
$499,000
Initial Listing
May 6, 2014
$380,000
Public Record
Apr 26, 2001
$285,000
Public Record
Apr 23, 1999
$185,000
Public Record