14541 Union Avenue, San Jose, California 95124, San Jose, 95124 - 0 bed, 0 bath
Loading property details...
San Jose, California 95124
This Mixed-Use Redevelopment Asset is listed at $1,250,000, offering a strategic land-play near the future Cambrian Park Plaza development. While the $1,195,923 Fair Market Value reflects the current structure's state, the true value is anchored in the 8,263 sqft lot and its versatile zoning. With a Condition Rating of 6 and distant mountain views, the property is primed for forced appreciation through new construction. Zoned for top-tier schools like Union Middle and Leigh High, this is an elite acquisition for Real Estate Developers or Strategic Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14541 Union Avenue Subject | $1,250,000* List Price | 0 | 0 | 1,591 | $752 | - |
A 14553 Union Avenue Active Under Contract | $1,100,000 List Price | 0 | 0 | 1,636 | $672 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1947, this property is 77 years old with no indication of major renovations. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are outdated or in poor condition. The exterior images show an aged home with neglected landscaping and a cluttered backyard, indicating deferred maintenance. Furthermore, the property's 'Mixed Use' sub-type and its proximity to a major redevelopment project (Cambrian Park Plaza) imply that its primary value lies in the land for future development, rather than the existing structure. The drastic price adjustment also supports this. The structure is likely considered beyond economic repair for modern living standards, making it a candidate for demolition to maximize land potential.
The property boasts excellent access to major highways (HWY 85 and 17) and is centrally located near popular downtown areas like Campbell, Los Gatos, and Willow Glen, enhancing convenience and lifestyle.
Located just 0.3 miles from the soon-to-be-renovated Cambrian Park Plaza, which will feature extensive retail, restaurant, hotel, and open space amenities, promising significant future appreciation and neighborhood enhancement.
The substantial 8,263 sqft lot provides ample outdoor space, offering potential for landscaping, home expansion, or the addition of an Accessory Dwelling Unit (ADU), a valuable asset in the San Jose market.
Built in 1947, the property is over 75 years old, suggesting it may require significant updates to core systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards and buyer expectations.
With 4 bedrooms and only 1.5 bathrooms, the property offers a lower bathroom-to-bedroom ratio than typically desired for a home of this size, which could be inconvenient for larger households and may necessitate future renovation.
The drastic reduction from an original list price of nearly $4.9M to $1.25M, while creating a current opportunity, might raise questions for some buyers regarding the property's initial valuation or potential underlying issues that led to such a significant price correction.
Welcome to 14541 Union Ave, a 4 bed, 1.5 bath home on a 8,263 sqft lot. Located .3 miles from the soon to be renovated Cambrian Park Plaza featuring 50,990 sf of retail/restaurant, a hotel, 4 acres of open space and much more. Easy access to HWY 85 and 17. Central location, close to downtown Campbell, Los Gatos, and Willow Glen. Zoned for top Cambrian Schools.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1947 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Aug 22, 2025
$1,250,000
Initial Listing
Dec 1, 2022
$4,899,000
Initial Listing