1708 Hallmark, San Jose, California 95124, San Jose, 95124 - 5 bed, 3 bath
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San Jose, California 95124
This versatile property is a Strong Value Opportunity, with a List Price of $1,950,000—positioned well below the $2,064,039 Fair Market Value by 5%. This valuation gap provides $114,039 in Instant Equity. Currently configured as a residential care facility in Good Condition, the home features 5 bedrooms, a private patio, and access to Top-Rated Schools including Branham High and Union Middle. Whether utilized as a turnkey care operation or modernized into a premier family residence, the Cambrian location is unmatched. This is an exceptional acquisition for Care Facility Operators or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1708 Hallmark Subject | $1,950,000* List Price | 5 | 3 | 1,832 | $1,104 | - |
A 1615 Corte De Callas Sold | $2,055,000 | 5 | 3 | 2,145 | $958 | 0.6 mi |
B 1828 Nestorita Way Sold | $1,705,000 | 3 | 2 | 1,446 | $1,179 | 0.7 mi |
C 1631 Noreen Drive Active | $1,698,000 List Price | 4 | 3 | 1,760 | $965 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained and clean, having recently served as a residential care facility, but it lacks modern updates. Built in 1958, the kitchen features dated oak cabinetry, tile countertops, and older white appliances. The bathrooms are functional but reflect older styling and include institutional features like grab bars. While the home benefits from dual-pane windows and A/C, the overall interior finishes and fixtures are aged and would require cosmetic modernization to meet current residential market standards.
Elementary School: Louise Van Meter Elementary School (9/10). Middle School: Union Middle School (9/10). High School: Los Gatos High School (10/10).
Previously operated as a residential care home with 5 bedrooms and 3 bathrooms, this property offers a rare, ready-to-use solution for care facility operators or SLE investors in a high-demand area.
Situated on a desirable street in Cambrian, the home is strategically located near major hospitals, medical clinics, and shopping centers, ensuring convenience for both residents and staff.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1832, other record living area = 1402.
The current configuration, optimized for institutional care, may require significant and costly remodeling for traditional buyers seeking a standard single-family residential layout.
Originally built in 1958, the property may necessitate updates to older systems and finishes to meet the modern standards expected at a nearly $2 million price point.
This home was previously a Residential Care Home On A Wonderful Street In Cambrian! This property presents an ideal investment for those looking to operate a care facility, SLE Opportunity or home in a prime Cambrian location. Spacious living areas with accommodations for multiple residents (had 6 beds), 5 bedrooms, sliding doors in bedrooms, 3 bathrooms, serene outdoor spaces and gardens for relaxation and leisure activities, dual pane windows, A/C, comfortable private and semi-private rooms to suit various resident preferences and conveniently located near hospitals/clinics & shopping centers/restaurants. This residential care home offers a turnkey solution for those seeking to provide top-quality care services in a welcoming and comfortable environment. Don't miss this opportunity to own an established care facility or make it your home... explore the potential of this extraordinary property!
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades K-5 • 0.8 mi
Grades K-5 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 78% |
| Baths | 3.0 | 2.0 | 56% |
| Square foot | 1,832 | 1,698 | 55% |
| Lot Size | 7,140 | 6,540 | 60% |
| Price | $1.95M | $2.23M | 31% |
| Price per sq ft | $1.1K | $1.2K | 23% |
| Built year | 1958 | 1959 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 42 | 99 | 8% |
Mar 11, 2026
$1,950,000
Initial Listing