1641 Santee Drive, San Jose, California 95122, San Jose, 95122 - 3 bed, 2 bath
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San Jose, California 95122
This Value-Add Residential Asset is a High-Potential Investment Opportunity, listed at $899,000—positioned well below the $934,800 Fair Market Value by 3%. This valuation gap offers $35,800 in Instant Equity. Boasting a Condition Rating of 4, the home features refinished wood floors and a private deck, while the expansive 6,160 sqft lot provides significant ADU potential for forced appreciation. Located in a quiet San Jose pocket, it perfectly balances immediate comfort with future upside. This is an ideal acquisition for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1641 Santee Drive Subject | $899,000* List Price | 3 | 2 | 1,204 | $776 | - |
A 1951 Panama Avenue Sold | $925,000 | 3 | 2 | 1,383 | $669 | 0.6 mi |
B 1491 Florida Avenue Sold | $850,000 | 3 | 2 | 1,040 | $817 | 0.5 mi |
C 2244 Lanai Avenue Sold | $940,000 | 3 | 2 | 1,113 | $845 | 0.9 mi |
D 2050 Palm Beach Way Sold | $790,000 | 3 | 2 | 992 | $796 | 0.7 mi |
E 1483 Florida Avenue Pending | $750,000 List Price | 3 | 2 | 1,040 | $721 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and move-in ready with fresh interior paint and refinished hardwood flooring. However, the kitchen and bathrooms are dated, featuring cabinetry, appliances, and fixtures likely renovated 20 or more years ago. While the home is functional and clean, it shows signs of age typical of its 1962 construction, such as popcorn ceilings in some areas and older exterior finishes, requiring cosmetic modernization to meet current standards.
The generous 6,160 sq. ft. lot provides significant opportunity for expansion or the addition of an ADU, offering excellent value-add potential for investors or growing families.
Featuring original wood floors and fresh interior paint, the home offers a clean and inviting atmosphere that allows buyers to move in immediately while planning future upgrades.
The open floorplan combined with an attached two-car garage and ample off-street parking provides a practical and convenient living arrangement in a quiet neighborhood.
Built in 1962, the property likely requires modernization of key systems and cosmetic updates to meet contemporary standards and maximize its market value.
With only 1,204 square feet of living area, the interior may feel restrictive for buyers seeking more spacious common areas or larger bedroom sizes.
This is a great opportunity for a first time buyer or investor! This comfortable three bedroom, two bathroom home has an open floorplan with wood floors, new paint and an attached two car garage. The large lot features a private backyard with mature trees and ample off-street parking. Plenty of potential to remodel, add-on or add an ADU in this quiet location with lots of privacy. This is a solid home and the missing ingredient is the new owner's inspiration and ideas.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,204 | 1,144 | 52% |
| Lot Size | 6,160 | 5,300 | 93% |
| Price | $899.0K | $940.0K | 34% |
| Price per sq ft | $747 | $802 | 28% |
| Built year | 1962 | 1961 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 99 | 7% |
Mar 2, 2026
$899,000
Initial Listing