1708 Hallmark, San Jose, California 95124, San Jose, 95124 - 5 bed, 3 bath
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San Jose, California 95124
This property presents a High-Potential Investment Opportunity with a List Price of $1,699,000—positioned well below the $1,692,109 Fair Market Value (Note: Market value is currently aligned with list price). Featuring a 5-bedroom, 3-bathroom layout and a Condition Rating of 5, this asset is a turnkey solution for a residential care facility or a prime candidate for a full residential renovation. Located in a desirable Cambrian neighborhood near top-rated schools like Los Gatos High, it is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to add value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1708 Hallmark Subject | $1,599,000* List Price | 5 | 3 | 1,832 | $873 | - |
A 1631 Noreen Drive Sold | $1,650,000 | 4 | 3 | 1,760 | $938 | 0.2 mi |
B 2933 Julio Avenue Sold | $1,655,000 | 3 | 2 | 1,479 | $1,119 | 0.6 mi |
C 4867 Little Branham Lane Sold | $1,203,000 | 3 | 2 | 1,236 | $973 | 0.9 mi |
D 1750 Valpico Drive Pending | $1,699,995 List Price | 3 | 2 | 1,522 | $1,117 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 with interior finishes, including the tile flooring, cabinetry, and lighting, appearing to be over 30 years old. While the listing mentions functional systems like A/C and dual-pane windows, the overall aesthetic is significantly dated and the property requires a full rehab to transition from a care facility to a modern residential home.
Elementary School: Louise Van Meter Elementary School (9/10). Middle School: Union Middle School (9/10). High School: Los Gatos High School (10/10).
The property is a turnkey solution for a residential care facility or SLE, featuring a 5-bedroom, 3-bathroom layout specifically optimized for multiple residents in a high-demand sector.
Situated in a highly desirable San Jose neighborhood, the home offers proximity to major hospitals and clinics, as well as access to top-rated schools like Branham High and Oster Elementary.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1832, other record living area = 1402.
With 131 days on market and a price reduction of over $250,000 from the original list price, the property has struggled to gain traction, potentially signaling a mismatch between initial pricing and market demand.
The configuration of 5 bedrooms within 1,832 square feet is tailored for institutional care, which may result in smaller individual room sizes and require significant remodeling for traditional single-family use.
Welcome to this spacious 5 bedroom/3bathroom home located on a wonderful street in the highly desirable Cambrian neighborhood! Designed for comfortable living, the home features generous living areas, dual-pane windows, central air conditioning, and sliding glass doors that provide abundant natural light and easy access to the outdoors. Thoughtfully designed floor plan offers flexibility for a variety of living arrangements, while a spacious private backyard and inviting outdoor spaces perfect for relaxing or entertaining. Conveniently located near shopping, restaurants, parks, and major commuter routes, this exceptional property offers comfort, versatility, and an outstanding location... with outstanding Cambrian/Campbell Union schools! Don't miss the opportunity to make this wonderful Cambrian home your own!
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 |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,832 | 1,683.5 |
| Lot Size | 7,140 | 6,300 |
| Price | $1.60M | $1.70M |
| Price per sq ft | $873 | $1000 |
| Built year | 1958 | 1966 |
| HOA | $0 | $160 |
| Days on market | 134 | 35 |
Jul 9, 2026
$1,599,000
$1,699,000
-6% Price Drop
Initial Listing
Jun 6, 2026
$1,699,000
$1,799,000
-6% Price Drop
Initial Listing
Apr 23, 2026
$1,799,000
$1,950,000
-8% Price Drop
Initial Listing
Mar 11, 2026
$1,950,000
Initial Listing