170 Marylinn Drive, Milpitas, California 95035, Milpitas, 95035 - 2 bed, 3 bath
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Milpitas, California 95035
This Value-Add Condominium represents a High-Potential Investment Opportunity with a List Price of $699,995—positioned well below the $730,796 Fair Market Value by 4%. This valuation gap provides $30,801 in Instant Equity for buyers prepared to address its Fair Condition Rating. Featuring a detached garage and private fenced yards, the property offers significant upside through cosmetic updates. Anchored by 9/10 rated Milpitas High School, this asset is perfectly suited for Fix-and-Flip Investors or Contractors looking to capture value in a prime location.
Property is moderate renovation needed.
Built in 1983, this property is in largely original condition and requires significant cosmetic updating throughout. The kitchen features dated wood cabinetry with visible wear and older laminate countertops, while the flooring is a mismatched combination of tile, laminate, and heavily dated purple carpeting. The listing description explicitly identifies the home as a 'project' with a 'rough interior,' which aligns with the Fair category for properties over 40 years old that have been maintained but show significant signs of being outdated and require minor to moderate repairs to meet modern standards.
Middle School: Thomas Russell Middle School (9/10). High School: Milpitas High School (9/10).
Priced as a fixer-upper with a recent price reduction, this property offers a prime opportunity for investors or handy homeowners to build substantial equity through cosmetic renovations.
The home is ideally situated near the Milpitas Library, shopping, and dining, with access to highly-rated schools including Milpitas High and Thomas Russell Middle School.
The interior is described as being in 'rough' condition, requiring significant 'elbow grease' and updates throughout to make it modern and livable.
Due to its current state, the property necessitates immediate additional investment for contractors and materials, which may challenge buyers with limited post-closing liquidity.
Is there a 2-bed condo in Milpitas with low HOA dues and strong equity upside? This two-story home needs cosmetic updating but offers private front and rear yards, a detached garage, and a prime location near the Milpitas Library, schools, shopping, and freeway access. Opportunity knocks for buyers who are not afraid of a project. This two-story condo requires cosmetic improvements and elbow grease throughout, making it best suited for those ready to update and build equity. The main level features a living room with fireplace, a functional kitchen layout, and a convenient half bath. Upstairs, you will find two spacious bedrooms with ample closet space and two full bathrooms. Private, low maintenance front and rear fenced yards add outdoor potential, while the detached garage provides secure parking and storage. With low HOA dues and a desirable Milpitas location just blocks from the Milpitas Library, local schools, shopping, dining, and easy freeway access, this 2-bed condo in Milpitas offers a rare chance to transform a rough interior into long term value. Bring your contractor, handyman, or your vision and unlock the upside. Schedule your showing today!
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 1.5 | 75% |
| Square foot | 1,378 | 1,079 | 67% |
| Lot Size | 3,049 | 756 | 92% |
| Price | $700.0K | $685.0K | 50% |
| Price per sq ft | $508 | $653 | 8% |
| Built year | 1983 | 1981 | 50% |
| HOA | $498.0 | $540 | 33% |
| Days on market | 67 | 127 | 25% |
Apr 4, 2026
$699,995
$750,000
-7% Price Drop
Initial Listing
Feb 14, 2026
$750,000
Initial Listing
Nov 26, 1997
$189,000
Public Record