1665 Market Street, Santa Clara, California 95050, Santa Clara, 95050 - 2 bed, 1 bath
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1665 Market Street
Santa Clara, California 95050
ACTIVE UNDER CONTRACT
CONDITION: POOR
2Beds
1Baths
816Sq Ft
7,500Lot Size
Property Price
LIST PRICE$1,098,000
EST. MARKET VALUE
$1,122,302
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,098,000—positioned well below the $1,244,019 Fair Market Value by 11%. This valuation gap offers $146,019 in Instant Equity for buyers capable of managing a renovation. With a Condition Rating of 5, the home requires substantial completion, yet the 7,575 sq. ft. lot provides significant redevelopment potential. This is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project in a prime Silicon Valley location.
Estimated Market Value
$1,122,302
Based on Realkey algorithm analyzing recent comparable sales in Santa Clara.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1665 Market Street Subject 2 bd · 1 ba · 816 sqft · $1,375 | $1,098,000* List Price | 2 | 1 | 816 | $1,375 | - |
A 639 Catala Court Sold 2 bd · 1 ba · 990 sqft · $1,394 · 0.4 mi | $1,380,000 | 2 | 1 | 990 | $1,394 | 0.4 mi |
B 1289 Fremont Street Sold 2 bd · 1 ba · 1,090 sqft · $972 · 0.5 mi | $1,060,000 | 2 | 1 | 1,090 | $972 | 0.5 mi |
C 773 Park Court Sold 2 bd · 2 ba · 1,120 sqft · $1,250 · 0.8 mi | $1,400,000 | 2 | 2 | 1,120 | $1,250 | 0.8 mi |
D 1451 Jackson St Sold 2 bd · 1 ba · 661 sqft · $1,513 · 0.7 mi | $1,000,000 | 2 | 1 | 661 | $1,513 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1923, this property is over 100 years old and is explicitly listed as an unfinished renovation requiring substantial completion. Marketed as a contractor or investor rehab opportunity, the home is currently unlivable in its present state despite having some newer components like dual-pane windows and central HVAC.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 816.
- Significant Development Potential
The property features a generous 7,575 sq. ft. deep lot, providing a rare opportunity for investors or builders to expand the existing footprint or pursue a complete redevelopment in a high-demand area.
- Prime Silicon Valley Location
Situated in the heart of Santa Clara, the home offers exceptional proximity to major tech employers, diverse shopping centers, and key transportation corridors, ensuring strong long-term desirability.
CONSRISKS & DEFICIENCIES
- Unfinished Condition
The residence is currently in a state of partial renovation and requires substantial completion, making it unsuitable for traditional financing and requiring immediate capital for construction.
- As-Is Sale Risks
Sold strictly in as-is condition, the property places the full burden of verifying permits, zoning compliance, and structural integrity on the buyer, which may lead to unforeseen expenses.
About 1665 Market Street
Contractor, investor and redevelopment opportunity in Santa Clara! Set on an approximately 7,575 sq. ft. lot, this 2-bedroom, 1-bath bungalow presents a rare chance to complete an existing renovation, reconfigure the current home, or explore future possibilities for the property. The residence is currently unfinished and will require substantial completion, offering the next owner the opportunity to bring their own vision to life. The property features a deep lot, dual-pane windows, composition roof, central heat and A/C, and a highly convenient Santa Clara location near major Silicon Valley employers, shopping, transportation and everyday amenities. Sold strictly as-is. Buyer to verify square footage, permits, zoning, development possibilities and all property information to their satisfaction.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1923
- Lot Size
- 7,500 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 1,494.966 |
| Lot Size | 7,500 | 5,938.954 |
| Price | $1.10M | $1.88M |
| Price per sq ft | $1.3K | $1.3K |
| Built year | 1923 | 1956 |
| HOA | $0 | $180 |
| Days on market | 39 | 37 |
Pricing History
Listed for Sale
Sep 15, 2026
$1,098,000
Initial Listing