1608 La Terrace, San Jose, California 95123, San Jose, 95123 - 2 bed, 2 bath
1608 La Terrace
San Jose, California 95123
Property Price
SUMMARY
Analysis of 1608 La Terrace, San Jose, California 95123 is currently available with a list price of $729,950. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation that meets current modern standards. The kitchen features updated white cabinetry, stone countertops, a subway tile backsplash, and new stainless steel appliances. The interior boasts new wide-plank flooring, recessed lighting, and updated bathrooms with modern vanities and fixtures. Although built in 1985, the comprehensive remodel within the last few years makes all major visible components virtually new and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Recreational Location
Situated adjacent to Almaden Lake Park, the property offers immediate access to scenic walking and running trails, catering perfectly to an active lifestyle.
- Modernized Interior
The unit features a recently remodeled open floor plan with abundant natural light and the high-demand convenience of an in-unit washer and dryer.
- Commuter Convenience
Excellent proximity to Highways 85 and 17, combined with nearby shopping and dining, makes this an ideal location for South Bay professionals.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =17297, other record lot size in square feet = 435.
- School District Ratings
The assigned elementary and high schools have lower performance ratings (3/10 and 4/10 respectively), which may be a concern for families prioritizing education.
- Market Momentum
A significant price reduction from the original list price of $800,000 suggests the property may have faced initial challenges with market positioning or demand.
About 1608 La Terrace
Great unit located in the beautiful Lakeview Terrace complex. Very private and secure condo. Open floor plan with lots of natural light. Recently remodeled. Next to Almaden Lake Park, great walking and running trails, shopping & restaurants nearby, easy access to highway 85/17. In unit washer and dryer. Nice patio with plenty of storage space.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 17,297 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $72.0 / Month
Neighborhood Insights
San Jose Unified Schools
Allen at Steinbeck School
Grades K-5 • 0.7 mi
Castillero Middle School
Grades 6-8 • 1.5 mi
Gunderson High School
Grades 9-12 • 1.5 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 62% |
| Square foot | 1,138 | 917.5 | 79% |
| Lot Size | 17,297 | - | 98% |
| Price | $730.0K | $555.0K | 79% |
| Price per sq ft | $641 | $638 | 57% |
| Built year | 1985 | 1985 | 50% |
| HOA | $72.0 | $560 | 2% |
| Days on market | 6 | 166 | 2% |
Pricing History
Listed for Sale
Mar 3, 2026
$729,950
$800,000
-9% Price Drop
Initial Listing
Price Change
Mar 1, 2026
$800,000
Initial Listing
Sold
Sep 4, 2018
$705,000
Public Record