1711 Cathay Drive, San Jose, California 95122, San Jose, 95122 - 5 bed, 3 bath
Loading property details...
San Jose, California 95122
This Turnkey Multi-Unit Property is a High-Potential Investment Opportunity, listed at $1,199,999—positioned well below the $1,240,545 Fair Market Value by 3%. This valuation gap offers $40,546 in Instant Equity. Featuring a Mint Condition Rating, the property includes a permitted 600 sqft ADU and a paid-off solar system. With modern kitchen upgrades and flexible living spaces, this asset is ideal for Buy-and-Hold Investors seeking immediate cash flow or Owner-Occupants looking to offset their mortgage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1711 Cathay Drive Subject | $1,199,999* List Price | 5 | 3 | 1,640 | $756 | - |
A 1800 Seaview Drive Sold | $1,350,000 | 5 | 3 | 1,721 | $784 | 0.2 mi |
B 1653 S King Road Sold | $1,180,000 | 5 | 3 | 1,849 | $638 | 0.4 mi |
C 1230 Fritzen Street Sold | $1,000,000 | 3 | 2 | 1,391 | $719 | 0.5 mi |
D 1370 Cathay Drive Active | $1,199,000 List Price | 3 | 2 | 1,400 | $856 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a comprehensive modern renovation within the last 5 years. It features a brand-new kitchen with quartz countertops and stainless steel appliances, updated flooring, recessed lighting, a fully permitted 600 sqft ADU, and a paid-off solar system, meeting the criteria for mint condition and no immediate maintenance.
The property features a fully permitted 600 sqft ADU currently generating $2,600 per month, offering a significant opportunity for mortgage offset or high-yield investment income.
Both the main house and the ADU are equipped with a fully paid-off solar system, providing substantial long-term savings on utility costs and enhancing the property's value.
The main residence has been beautifully updated with contemporary finishes, including quartz countertops, a large center island, recessed lighting, and fresh interior paint.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1640, other record living area = 1040. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The local middle and high schools have lower performance ratings (3 and 4 respectively), which may be a drawback for families prioritizing high-ranking educational institutions.
Accommodating two separate living units on a 5,150 sqft lot results in limited private outdoor space and may feel crowded for residents of both dwellings.
Welcome to this beautifully renovated property featuring two units on one lota rare opportunity for both homeowners and investors. The main home offers 3 bedrooms and 2 bathrooms with modern upgrades throughout, including fresh interior paint, recessed lighting, and a bright kitchen enhanced by a skylight, quartz countertops, and a large center island. The garage provides flexible space for a playroom, home gym, or additional living area. Adding exceptional value is the fully permitted 600 sqft. ADU with 2 bedrooms, 1 bathroom, a full kitchen, and dining area perfect for extended family or rental income. Currently generating $2,600/month, the ADU offers strong cash flow and an excellent opportunity to offset your mortgage. Both units are equipped with a paid-off solar system, helping reduce utility costs. Move-in ready with income potential, don't miss this unique opportunity!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 0.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 90% |
| Baths | 3.0 | 2.0 | 77% |
| Square foot | 1,640 | 1,238 | 87% |
| Lot Size | 5,150 | 5,400 | 42% |
| Price | $1.20M | $998.0K | 87% |
| Price per sq ft | $732 | $784 | 23% |
| Built year | 1959 | 1961 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 128 | 3% |
May 14, 2026
$1,199,999
Initial Listing
May 13, 2026
$1,299,999
Initial Listing
Apr 30, 2021
$890,000
Public Record
Feb 23, 2021
$691,000
Public Record