1440 Old Piedmont. Road, San Jose, California 95132, San Jose, 95132 - 2 bed, 1 bath
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San Jose, California 95132
Analysis of 1440 Old Piedmont. Road, San Jose, California 95132 is currently available with a list price of $4,200,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The listing explicitly describes the three existing structures on the property as 'tear downs' and targets developers for a multi-home residential project. Built in 1925, the structures are nearly a century old and are considered unlivable, with the property's value residing entirely in the 1-acre lot's development potential rather than the existing 800 sqft dwelling.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 44927, living area = 800.
This rare, flat, and rectangular one-acre lot in the established Berryessa neighborhood provides an ideal canvas for a multi-home residential development project.
The site features three separate addresses with independent water, electric, and gas services already in place, offering substantial savings in utility connection fees and permitting time.
The presence of three 'tear down' structures necessitates additional capital expenditure and time for demolition and site clearing before construction can begin.
With a list price of $4.2 million, the high initial investment requires a developer with significant liquidity and a high-margin project plan to ensure profitability.
Calling all Developers - Buildable 1 acre lot in Berryessa neighborhood on Old Piedmont Road. A fantastic opportunity for builders, developers, and investors focused on residential project, this flat, rectangular (approx) 1 acre lot (44,926 sqft) is located in the heart of the Berryessa neighborhood with Piedmont Elementary and Middle Schools a short distance away. There are currently three (tear down) structures, three separate addresses (1440, 1442, 1444 Old Piedmont Rd), with separate water, electric, and gas service for each already located on the property. This lot truly presents a rare opportunity for a multi-home residential development in an already established and desirable San Jose neighborhood. Note: Buyers should always independently verify information
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 8% |
| Baths | 1.0 | 2.0 | 8% |
| Square foot | 800 | 1,598 | 3% |
| Lot Size | 44,927.781 | 6,340 | 97% |
| Price | $4.20M | $1.65M | 97% |
| Price per sq ft | $5.2K | $1.0K | 97% |
| Built year | 1925 | 1970 | 3% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 151 | 6% |
Mar 31, 2026
$4,200,000
Initial Listing