1667 Guadalupe Avenue, San Jose, California 95125, San Jose, 95125 - bed, bath
1667 Guadalupe Avenue
San Jose, California 95125
Property Price
SUMMARY
Analysis of 1667 Guadalupe Avenue, San Jose, California 95125 is currently available with a list price of $2,640,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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Built in 1941, the existing cottages are likely outdated and may require extensive renovation or demolition, representing a significant additional cost beyond the purchase price.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.
About 1667 Guadalupe Avenue
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.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1941
- Lot Size
- 12,689 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Ernesto Galarza Elementary School
Grades K-5 • 0.3 mi
Hammer Montessori At Galarza Elementary School
Grades K-5 • 0.3 mi
Washington Elementary School
Grades K-5 • 1.3 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 50% |
| Baths | - | - | 50% |
| Square foot | 1,686 | 1,645 | 50% |
| Lot Size | 12,689 | 10,859.5 | 50% |
| Price | $2.64M | $2.02M | 50% |
| Price per sq ft | $1.6K | $1.2K | 50% |
| Built year | 1941 | 1948 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1044 | 594 | 0% |
Pricing History
Listed for Sale
Apr 28, 2023
$2,640,000
Initial Listing