
San Jose, California 95125
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well below the $1,169,230 Fair Market Value by 14%. This valuation gap offers $170,230 in Instant Equity for buyers capable of managing a total renovation. With a Condition Rating of 5, the home requires a full overhaul, yet the 6,200 sqft lot and ADU potential provide significant upside. Located in the Booksin Elementary boundary, this is a value-add asset ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1409 Hamilton Way Subject 2 bd · 1 ba · 1,053 sqft · $1,110 | $999,000* List Price | 2 | 1 | 1,053 | $1,110 | - |
A 1325 Iris Court Sold 3 bd · 1 ba · 1,083 sqft · $1,150 · 0.7 mi | $1,245,000 | 3 | 1 | 1,083 | $1,150 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941 with no significant updates, this property is in original condition and requires a total rehab. The interior shows severe neglect, including heavily stained carpeting, a dated and incomplete kitchen, and peeling wallpaper in the bathroom. The listing explicitly states it requires substantial renovation, making it a candidate for a full contractor overhaul rather than simple cosmetic fixes.
Situated just one mile from downtown Willow Glen and within the highly-rated Booksin Elementary boundary, this property offers exceptional long-term value in one of San Jose's most prestigious neighborhoods.
The 6,200 square foot lot includes a wide driveway and a detached two-car garage, providing an ideal footprint for a potential ADU, workshop, or home expansion to maximize the property's utility.
Priced under $1M with original character like hidden hardwood floors and plaster archways, this classic bungalow presents a rare 'blank canvas' opportunity for contractors or investors to build significant equity.
The property is explicitly listed as requiring substantial renovation, which will necessitate a significant additional capital investment and a lengthy construction timeline before it is move-in ready.
With only two bedrooms and a single bathroom in a 1,053 square foot footprint, the current configuration is restrictive for modern family standards and likely requires a costly structural expansion.
Rare Willow Glen Opportunity with Huge Upside Potential! Bring your vision to this classic 1941 bungalow, tucked along a side street in an established charming neighborhood just one mile from downtown Willow Glen. Original details include wood flooring beneath carpeting, plaster archway, a dining area, and an interior laundry room with backyard access. Wide driveway leads to a detached two-car garage offers parking, storage, workshop possibilities, or potential for an ADU (buyer to verify feasibility, zoning, and permitting). Requiring substantial renovation makes this property ideal for contractors, investors, or buyers eager to transform a classic home. Enjoy convenient access to Willow Glen's popular restaurants, cafes, boutique shopping, festivals, and more. 1409 Hamilton Way presents a compelling opportunity in a highly desirable Willow Glen location.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.2 mi
Grades K-5 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,053 | 1,721.238 |
| Lot Size | 6,200 | 6,271.145 |
| Price | $999.0K | $1.67M |
| Price per sq ft | $949 | $972 |
| Built year | 1941 | 1965 |
| HOA | $0 | $190 |
| Days on market | 3 | 38 |
Oct 21, 2026
$999,000
Initial Listing