1667 Guadalupe Avenue, San Jose, California 95125, San Jose, 95125 - bed, bath
ACTIVE$2,640,000
1667 Guadalupe Avenue, San Jose, California 95125
0Bed
0Bath
1,686Sqft
12,689Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Prime Willow Glen Location: Situated in the highly desirable and affluent Willow Glen neighborhood of San Jose, known for its strong community, excellent schools, and consistent property value appreciation.
Top Cons:
Age and Condition of Structures: Built in 1941, the existing cottages are likely outdated and may require extensive renovation or demolition, representing a significant additional cost beyond the purchase price.
Compared to the nearby listings
Price:$2.64M vs avg $1.64M (+$1,000,000)67%
Size:1,686 sqft vs avg 1,686 sqft50%
Price/sqft:$1.6K vs avg $87367%
More Insights
Built in 1941 (84 years old).
Condition: The property was built in 1941, making it 83 years old. The listing description explicitly states it's 'Great for investors looking to consolidate their portfolio or for developers looking for lots in Willow Glen to rebuild larger homes.' This indicates the primary value is in the land and its redevelopment potential, aligning with the 'tear-down' criteria where the structure's value is based solely on the land. While the bathroom shows some minor, cosmetic updates (newer vanity, light fixture, and a basic tub/shower insert), these are superficial and do not suggest a major renovation that would make the existing 83-year-old structure a long-term asset for a typical homeowner. The lack of kitchen images also suggests it's not a selling point. The property is positioned for demolition and new construction.
Year Built
1941
Close
-
List price
$2.64M
Original List price
$2.64M
Price/Sqft
$1,566
HOA
-
Days on market
-
Sold On
-
MLS number
ML81926349
Home ConditionTear down
Features
Patio
View-
About this home
Two cottages for sale in Willow Glen side by side. Both on large lots. Great for investors looking to consolidate their portfolio or for developers looking for lots in Willow Glen to rebuild larger homes. Each home can be purchased individually or together as a package.
Nearby schools
3/10
Ernesto Galarza Elementary School
Public,•K-5•0.3mi
7/10
Hammer Montessori At Galarza Elementary School
Public,•K-5•0.3mi
4/10
Washington Elementary School
Public,•K-5•1.3mi
4/10
Gardner Elementary School
Public,•K-5•1.5mi
8/10
Booksin Elementary School
Public,•K-5•1.8mi
4/10
Merritt Trace Elementary School
Public,•K-5•3.1mi
5/10
Willow Glen Middle School
Public,•6-8•1.2mi
5/10
Shirakawa (George, Sr.) Elementary School
Public,•K-8•1.9mi
3/10
Herbert Hoover Middle School
Public,•6-8•3.0mi
4/10
Campbell Middle School
Public,•7-8•4.3mi
6/10
Willow Glen High School
Public,•9-12•1.2mi
5/10
Yerba Buena High School
Public,•9-12•2.2mi
5/10
Del Mar High School
Public,•9-12•2.7mi
5/10
Abraham Lincoln High School
Public,•9-12•2.9mi
Condition Rating
Tear down
The property was built in 1941, making it 83 years old. The listing description explicitly states it's 'Great for investors looking to consolidate their portfolio or for developers looking for lots in Willow Glen to rebuild larger homes.' This indicates the primary value is in the land and its redevelopment potential, aligning with the 'tear-down' criteria where the structure's value is based solely on the land. While the bathroom shows some minor, cosmetic updates (newer vanity, light fixture, and a basic tub/shower insert), these are superficial and do not suggest a major renovation that would make the existing 83-year-old structure a long-term asset for a typical homeowner. The lack of kitchen images also suggests it's not a selling point. The property is positioned for demolition and new construction.
Pros & Cons
Pros
Prime Willow Glen Location: Situated in the highly desirable and affluent Willow Glen neighborhood of San Jose, known for its strong community, excellent schools, and consistent property value appreciation.
Significant Development Potential: Features a substantial 12,689 sqft lot, explicitly marketed for developers to rebuild larger, high-value homes, maximizing land use in a sought-after area.
Income-Generating Duplex: Comprises two existing cottages, offering immediate rental income potential, which can serve as holding income for investors or a live-in-one, rent-out-the-other option.
Flexible Acquisition Options: The ability to purchase each home individually or together as a package broadens the potential buyer pool, appealing to both smaller investors and larger development firms.
Strategic Investment Opportunity: Ideal for investors looking to consolidate their portfolio or for long-term appreciation in a robust real estate market, offering a clear path for value creation.
Cons
Age and Condition of Structures: Built in 1941, the existing cottages are likely outdated and may require extensive renovation or demolition, representing a significant additional cost beyond the purchase price.
High Capital Investment: The $2.64 million list price, combined with anticipated demolition and rebuilding costs, necessitates a substantial capital outlay, narrowing the buyer pool to high-net-worth investors or experienced developers.
Limited Appeal for Traditional Homebuyers: The property's primary value lies in its land and development potential, making it less attractive to typical owner-occupants seeking a modern, move-in ready family home without significant immediate investment.