1582 Fall Avenue, San Jose, California 95127, San Jose, 95127 - 2 bed, 1 bath
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San Jose, California 95127
This Dual-Unit Income Property is a strategic acquisition listed at $1,250,000—positioned competitively at the $1,254,046 Fair Market Value by 0.3%. This valuation offers $4,046 in Instant Equity for the incoming buyer. Boasting a Modernized Condition Rating, the residence features a renovated kitchen, paid-off solar system, and tankless water heater on a spacious 7,560 sqft lot. The unique configuration of two independent living spaces provides rare flexibility for rental income or extended family. It is an ideal match for Owner-Occupants or Multi-Generational Families.
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 | $728 | - |
A 1542 Harvest Drive Sold | $1,025,000 | 3 | 2 | 1,324 | $774 | 0.1 mi |
B 1572 Amesbury Way Sold | $1,025,000 | 3 | 2 | 1,216 | $843 | 0.9 mi |
C 3458 Rocky Mountain Drive Sold | $1,080,000 | 3 | 2 | 1,222 | $884 | 0.2 mi |
D 1818 Mt Kenya Drive Active Under Contract | $900,000 List Price | 3 | 2 | 1,226 | $734 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1963, the property has undergone significant renovations within the last 5-15 years. It features a modernized kitchen with white shaker cabinets, stone countertops, and stainless steel appliances, along with updated flooring and dual-pane windows. Energy systems are excellent with a paid-off solar system and tankless water heater, though the use of wall heaters and window AC units prevents an 'Excellent' rating.
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 as two separate living spaces with independent access, offering a rare opportunity for rental income or multi-generational living in a central location.
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 for the owner.
With only 2 bedrooms and 1 bathroom for over 1,700 square feet of living space, the layout may be seen as inefficient or restrictive for buyers expecting more facilities at this price point.
Built in 1963, the property may require ongoing maintenance or updates to original structural components that were not addressed in the recent cosmetic and efficiency upgrades.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 1.0 | 2.0 | 35% |
| Square foot | 1,722 | 1,269 | 77% |
| Lot Size | 7,560 | 7,105 | 58% |
| Price | $1.25M | $1.04M | 68% |
| Price per sq ft | $726 | $775 | 27% |
| Built year | 1963 | 1954 | 81% |
| HOA | $0 | $0 | 50% |
| Days on market | 2 | 145 | 2% |
Apr 20, 2026
$1,250,000
Initial Listing