176 Laumer Avenue, San Jose, California 95127, San Jose, 95127 - 2 bed, 1 bath
ACTIVE$998,000
176 Laumer Avenue, San Jose, California 95127
2Beds
1Bath
584Sqft
7,000Lot
Year Built
1945
Close
-
List price
$998K
Original List price
$998K
Price/Sqft
$1,709
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029130
Home ConditionFair
Features
Patio
View-
About this home
We found 4 Cons,5 Pros. Rank: price - $998.0K(35th), sqft - 584(2th), beds - 2(17th), baths - 1(29th).
Rare opportunity in San Jose! 176 Laumer offers two separate 2-bedroom, 2-bathroom units on one lot, giving you flexibility to live in one and rent the other, create a multi-generational setup, or hold as an investment. Each unit has its own entry, comfortable living space, and functional layout, making it easy for occupants to enjoy privacy while still being close. Plenty of potential to update, personalize, and add value over time. Conveniently located near shops, schools, parks, and major commute routes. A versatile property with optionsbring your ideas and make it your own!
Price History
Date
Event
Price
12/09/25
Listing
$998,000
03/06/08
Sold
$45,000
Condition Rating
Fair
Built in 1945, this property is significantly aged. While some areas feature updated laminate flooring and newer windows, the kitchens and bathrooms in both units are very dated with older cabinets, tile countertops/backsplashes, basic appliances, and older fixtures. Heating is provided by wall-mounted units, not central HVAC. The property is functional and appears maintained, but requires substantial cosmetic updates and modernization to meet current standards, aligning with the 'Fair' condition criteria of being aged but maintained with major components showing signs of being outdated.
Pros & Cons
Pros
Income-Generating Potential: The property features two separate 2-bedroom, 2-bathroom units on one lot, offering excellent flexibility for owner-occupancy with rental income, multi-generational living, or a pure investment strategy.
Versatile Property Use: Its dual-unit configuration provides a wide range of options for buyers, catering to different lifestyle needs and investment goals.
Prime Location: Conveniently situated in San Jose, with easy access to shops, schools, parks, and major commute routes, enhancing its desirability and long-term value.
Value-Add Opportunity: The property offers significant potential for buyers to update, personalize, and add value over time, allowing for customization and increased equity.
Occupant Privacy: Each unit boasts its own entry and comfortable living space, ensuring privacy and independent living for occupants.
Cons
MLS Listing Discrepancy: Living area discrepancy between mls listing and other public or private record. mls listing living area = 584, other record living area = 360.
Age and Condition: Built in 1945, the property likely requires substantial updates and renovations to modernize systems, finishes, and bring it to contemporary standards, which could incur significant costs.
Limited Square Footage: The listed 584 sqft is exceptionally small, especially if it represents the total living area for two 2-bedroom, 2-bathroom units, potentially limiting appeal to buyers seeking more spacious accommodations.
Price Point vs. Condition: The list price of $998,000 for a property of this age and potentially very compact size, requiring updates, may be perceived as high by some buyers, even in the San Jose market.