1582 Fall Avenue, San Jose, California 95127, San Jose, 95127 - 2 bed, 1 bath
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San Jose, California 95127
This Multi-Generational Residential Asset is a High-Potential Investment Opportunity, listed at $1,250,000—positioned well below the $1,253,008 Fair Market Value by 0.24%. Featuring a Condition Rating of 3, the home includes a paid-off solar system, tankless water heater, and a unique dual-living configuration. The 7,560 sqft lot provides significant utility, while the updated kitchen and refreshed bath ensure immediate functionality. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible income potential through house hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1582 Fall Avenue Subject | $1,250,000* List Price | 2 | 1 | 1,722 | $724 | - |
A 1542 Harvest Drive Sold | $1,025,000 | 3 | 2 | 1,324 | $774 | 0.1 mi |
B 1818 Mt Kenya Drive Sold | $900,000 | 3 | 2 | 1,226 | $734 | 0.3 mi |
C 3515 Pine Ridge Way Sold | $1,515,000 | 4 | 4 | 2,222 | $682 | 0.2 mi |
D 1572 Amesbury Way Sold | $1,025,000 | 3 | 2 | 1,216 | $843 | 0.9 mi |
E 3556 Columbine Dr Sold | $1,180,000 | 3 | 2 | 1,324 | $891 | 0.1 mi |
F 3561 Story Road Sold | $1,250,000 | 4 | 2 | 1,513 | $826 | 0.9 mi |
G 3458 Rocky Mountain Drive Sold | $1,080,000 | 3 | 2 | 1,222 | $884 | 0.2 mi |
H 1159 Lancelot Lane Sold | $920,000 | 4 | 2 | 1,599 | $575 | 0.8 mi |
I 1310 Park Pleasant Circle Active | $1,175,000 List Price | 3 | 2 | 1,494 | $786 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the property has undergone significant renovations including a modern kitchen with stainless steel appliances and shaker cabinets, refreshed bathrooms, and upgraded flooring. Key systems have been modernized with a tankless water heater, dual-pane windows, and a paid-off solar system, making it well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7560, living area = 1722.
The property is uniquely configured into two separate living spaces with independent access, offering a rare opportunity for rental income, house hacking, or multi-generational living.
The home features significant high-value improvements including a fully paid-off solar system, a tankless water heater, and dual-pane windows, ensuring lower utility costs and long-term sustainability.
Despite the large 1,722 sqft footprint and dual-living configuration, the property only offers one bathroom, which may pose functional challenges for multi-occupant or rental scenarios.
With 49 days on the market, the property is moving slower than the typical San Jose pace, suggesting the $1.25M price point may be high for a two-bedroom residence in this specific sub-market.
Well maintained and thoughtfully upgraded residence offering a rare blend of comfort, flexibility, and long term upside. Currently configured as two separate living spaces with independent access, this property presents a unique opportunity to live in one and generate income from the other. Could also be Ideal for multi generational living, pride of ownership is evident throughout with consistent care and quality improvements inside and out. The home features 2 bedrooms and 1 bathroom with an efficient and comfortable layout, complemented by an updated kitchen, refreshed bath, and upgraded flooring. Dual pane windows provide energy efficiency and abundant natural light. Additional highlights include a paid off solar system, tankless water heater, enclosed garage, and ample additional parking. Private yard areas create functional outdoor space and a sense of separation rarely found at this price point. The property also offers strong curb appeal with gated entry and attractive stonework. Conveniently located near shopping, dining, schools, and major commute routes. A rare opportunity with built in flexibility and income potential in a central San Jose location. Separate living spaces offer flexibility for extended living, guests, or additional income potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,722 | 1,683.5 |
| Lot Size | 7,560 | 6,300 |
| Price | $1.25M | $1.70M |
| Price per sq ft | $726 | $1000 |
| Built year | 1963 | 1966 |
| HOA | $0 | $160 |
| Days on market | 94 | 35 |
Apr 20, 2026
$1,250,000
Initial Listing