1615 La Terrace Circle, San Jose, California 95123, San Jose, 95123 - 2 bed, 1 bath
1615 La Terrace Circle
San Jose, California 95123
Property Price
SUMMARY
Analysis of 1615 La Terrace Circle, San Jose, California 95123 is currently available with a list price of $625,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is in move-in ready condition with significant recent upgrades, including brand-new luxury vinyl plank flooring and all-new stainless steel kitchen appliances. While the unit was built in 1985, the interior has been well-maintained and modernized with contemporary finishes, central air conditioning, and updated fixtures, meeting the criteria for a high-quality, well-maintained home without requiring immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Waterfront View
This unit features a rare, unobstructed view of the community pond and fountains, offering a tranquil and private setting that is significantly more desirable than units overlooking carports or streets.
- Modern Interior Upgrades
The property is move-in ready with brand-new HOA-approved luxury vinyl plank flooring and all-new kitchen appliances, providing a contemporary aesthetic and immediate value.
- Enhanced Comfort Features
Equipped with central air conditioning and indoor laundry facilities including a washer and dryer, this home offers modern conveniences often missing in older condominium complexes.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3105, other record lot size in square feet = 435.
- High Association Fees
The monthly HOA fee of $728 is relatively high for a two-bedroom unit, which may impact the overall monthly affordability and appeal for budget-conscious buyers.
- Limited Bathroom Count
With only one bathroom serving two bedrooms, the layout may be less convenient for families or co-living arrangements compared to units with a 1.5 or 2-bath configuration.
About 1615 La Terrace Circle
Lakeview Terrace offers ponds, fountains, and winding pathways that create a rare retreat just minutes from city life. This is one of the few units with a direct, unobstructed pond view - overlooking open water instead of carports, streets, or neighboring buildings. From your second-story private balcony, watch ducks glide across the pond, listen to the fountains, or unwind under the evening sky. Location is what sets this 2-bedroom, 1-bath home apart within the community. Inside features include new HOA-approved luxury vinyl plank flooring, all-new kitchen appliances, indoor laundry with washer and dryer included, central air conditioning, and a storage closet off the balcony. One assigned parking space and ample guest parking are included. A rare opportunity to own one of the communitys most desirable pond-view locations.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 3,105 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $728.0 / Month
Neighborhood Insights
San Jose Unified Schools
Allen at Steinbeck School
Grades K-5 • 0.7 mi
Castillero Middle School
Grades 6-8 • 1.6 mi
Gunderson High School
Grades 9-12 • 1.4 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 | 1.0 | 1.0 | 50% |
| Square foot | 904 | 910 | 50% |
| Lot Size | 3,105 | - | 95% |
| Price | $625.0K | $555.0K | 62% |
| Price per sq ft | $691 | $638 | 74% |
| Built year | 1985 | 1985 | 50% |
| HOA | $728.0 | $576 | 95% |
| Days on market | 9 | 166 | 2% |
Pricing History
Listed for Sale
Feb 26, 2026
$625,000
Initial Listing
Sold
Nov 17, 2016
$490,000
Public Record
Sold
Apr 14, 2014
$252,000
Public Record
Sold
Apr 9, 2010
$249,000
Public Record
Sold
Dec 19, 2006
$414,000
Public Record
Sold
Oct 24, 1995
$128,000
Public Record