
San Jose, California 95110
This Residential Income Duplex represents a High-Potential Investment Opportunity with a List Price of $1,549,888, matching its $1,549,888 Fair Market Value. Comprising two detached homes with separate utility meters, the property carries a Condition Rating of 4, signaling immediate value-add potential through cosmetic modernization. Located less than two miles from the future Google village site and Diridon Station, the asset is positioned for significant long-term appreciation and high rental demand. This is a premier acquisition for Buy-and-Hold Investors or Value-Add Developers targeting the San Jose core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 173 Clayton Avenue Subject | $1,549,888* List Price | 0 | 0 | 2,525 | $614 | - |
A 446 W San Fernando Street Active | $1,350,800 List Price | 0 | 0 | 1,834 | $737 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1910, the property is aged but appears to be maintained and functional. The main house bathroom shows some recent updates with modern tiling and a glass shower door, but the vanity is older. Both kitchens are significantly outdated with older cabinets, countertops (tile in main house), and appliances (except for a newer refrigerator in the back unit). Flooring is a mix of dated tile, worn carpet, and basic laminate. While the property has central air and a finished basement in the main unit, indicating some past updates, it requires substantial cosmetic modernization and kitchen/bathroom renovations to meet current quality standards. It is livable but shows clear signs of being outdated.
The property features two detached homes with separate utility meters on one lot, offering significant rental income potential, flexibility for an in-law unit, or a home office, explicitly marketed as an 'Investors Dream'.
Boasts a prime location within walking distance of VTA Light Rail, near Diridon Train Station, freeways, Downtown San Jose, San Pedro Square, Santana Row, and San Jose International Airport, providing unparalleled convenience and access.
Located less than 2 miles from Google's future planned village site near SAP Center and Diridon Train Station, indicating strong potential for future property value appreciation and increased demand.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2525, other record living area = 1024.
Built in 1910, the property's age suggests potential for ongoing maintenance, outdated infrastructure (beyond mentioned upgrades), and possibly higher insurance costs, requiring careful consideration by a buyer.
Despite some updates, a property of this vintage likely requires substantial investment to fully modernize both units to meet contemporary tenant/owner expectations and maximize rental yield or resale value.
Two detached homes with separate utility meters on one lot. Property is less than 2 miles from Goggles future planned village site near SAP Center and Diridon Train Station (Buyer to Verify). Main house has approx. 1828 sq. ft. 4 beds / 2.5 baths. Back unit has approx. 654 sq. ft. 2 beds/1 bath. Use the back unit as an in-laws unit, home office or rent it out for additional income. Central Air Inside Laundry Room Finished Basement for front unit. Back unit is a roomy two bedroom. Investors Dream: Located in a Cul-de-sac Walking distance of VTA Light Rail, Near San Pedro Square, Downtown, Santana Row, San Jose International Airport, Japantown, San Jose Market Center Access to freeways Conveniently located near restaurants near the Diridon train station and SAP Center.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,525 | 2,525 | 50% |
| Lot Size | 4,554 | 10,530 | 33% |
| Price | $1.55M | $1.62M | 33% |
| Price per sq ft | $614 | $614 | 50% |
| Built year | 1910 | 1910 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 86 | 196 | 33% |
Jan 26, 2026
$1,549,888
Initial Listing
Nov 12, 2008
$290,000
Public Record
Aug 15, 2002
$510,000
Public Record