181 Cleaves Avenue, San Jose, California 95126, San Jose, 95126 - 4 bed, 4 bath
181 Cleaves Avenue
San Jose, California 95126
Property Price
SUMMARY
Analysis of 181 Cleaves Avenue, San Jose, California 95126 reveals a Fairly Priced Property with a current list price of $1,679,000 aligned with the estimated $1,630,628 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 181 Cleaves Avenue Subject | $1,679,000* List Price | 4 | 4 | 1,558 | $1,047 | - |
A 152 S Morrison Avenue Sold | $1,650,000 | 3 | 2 | 1,288 | $1,281 | 0.1 mi |
B 1376 Hanchett Avenue Sold | $1,625,000 | 3 | 2 | 1,206 | $1,347 | 0.5 mi |
C 1201 Hester Avenue Sold | $1,698,888 | 4 | 3 | 1,784 | $952 | 0.6 mi |
D 438 Minor Avenue Sold | $1,318,500 | 4 | 3 | 1,356 | $972 | 0.7 mi |
E 1536 Shasta Avenue Sold | $1,940,000 | 3 | 2 | 2,024 | $958 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition with significant modern updates that transcend its 1948 construction date. The kitchen is well-appointed with granite countertops and stainless steel appliances, and the home features updated wood and tile flooring throughout. Major systems have been modernized to include central air conditioning, forced air heating, and a 240V EV charging station in the garage. The presence of a permitted, recently constructed or renovated ADU further demonstrates a high level of maintenance and recent capital improvement, though the overall aesthetic reflects a high-quality renovation from the last 5-15 years rather than a brand-new build.
PROSSTRENGTHS & OPPORTUNITIES
- Permitted ADU
The property includes a permitted 1-bedroom, 1-bathroom back unit, providing significant value through potential rental income or flexible space for multi-generational living.
- Prime Commuter Location
Situated in the desirable St. Leo's neighborhood, the home offers exceptional proximity to Diridon Station, Whole Foods, and The Alameda, ensuring high demand for urban professionals.
- Modern Infrastructure
Despite its 1948 charm, the home is equipped with essential modern upgrades including central air conditioning, a chef's kitchen, and a 2-car garage with a 240V EV charging hookup.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1558, other record living area = 1395. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- School District Ratings
The assigned public schools carry relatively low ratings (3 to 5 out of 10), which may impact long-term appreciation and appeal to families prioritizing education.
- Vintage Structural Maintenance
As a 1948 build, the property may require more frequent maintenance of older systems and structural elements compared to newer construction in the area.
About 181 Cleaves Avenue
Welcome home! This spacious 4 bedroom, 3.5 bathroom 1,998 sq ft property +ADU is located in the welcoming St. Leo's neighborhood of San Jose. The property offers a blend of comfort and functionality, making it a multi-purpose destination for everyone. The front unit 3 bed 2.5 bath ~1,558 sf boasts a kitchen that's chef's a delight, with granite countertops, electric cooktop, oven, refrigerator, dishwasher, and pantry. The eat-in kitchen provide versatile dining options. The home features tile and wood flooring throughout, adding a touch of elegance to the interior. Enjoy cozy evenings in the separate living room with its charming fireplace. Modern amenities include central air conditioning and forced air heating. For convenience, the washer/dryer is located in the utility room. The permitted 1/1 ~440 sf back ADU is ideal for family or tenants! The 2-car garage includes an electric vehicle hookup (240 volts) enhances the home's functionality. And don't forget about the multi-functional basement just off of the 1/2 bath. A short distance from the vibrant downtown scene and The Alameda, Whole Foods, etc. Centrally located with easy access to major freeways and mass transit at Diridon Station, there is no finer option to fit your needs. Come make 181 Cleaves Ave your home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 6,400 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Merritt Trace Elementary School
Grades K-5 • 1.0 mi
Herbert Hoover Middle School
Grades 6-8 • 0.9 mi
Abraham Lincoln High School
Grades 9-12 • 0.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 4.0 | 2.0 | 80% |
| Square foot | 1,558 | 1,644.5 | 45% |
| Lot Size | 6,400 | 5,652 | 60% |
| Price | $1.68M | $1.65M | 60% |
| Price per sq ft | $1.1K | $986 | 65% |
| Built year | 1948 | 1941 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 156 | 5% |
Pricing History
Listed for Sale
Feb 24, 2026
$1,679,000
Initial Listing
Sold
May 3, 2018
$1,300,000
Public Record
Sold
Mar 29, 2018
$1,300,000
Public Record