1825 Mayfair Place, San Jose, California 95116, San Jose, 95116 - 3 bed, 2 bath
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San Jose, California 95116
This Dual-Unit Residential Property represents a Strong Value Opportunity, listed at $1,000,000—positioned well below the $1,053,198 Fair Market Value by 5%. This valuation gap offers $53,198 in Instant Equity. Featuring a 3-bedroom main home and a separate 2-bedroom rear unit, the property maintains a Condition Rating of 3, offering immediate rental income potential or multi-generational living. With an expansive 8,500 sq ft lot and strategic transit access, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1825 Mayfair Place Subject | $1,000,000* List Price | 3 | 2 | 1,652 | $638 | - |
A 1924 Vollmer Way Active | $1,099,000 List Price | 3 | 2 | 1,462 | $752 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Despite the 1948 build date, the property presents as well-maintained and move-in ready. Visual evidence shows significant updates including newer laminate flooring, double-pane windows, and fresh interior/exterior paint, suggesting a renovation within the 5-15 year range. The separate rear unit and manicured landscaping further indicate consistent maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8500, living area = 1652.
The inclusion of a separate 2-bedroom, 1-bath rear unit offers exceptional value for rental income potential, guest accommodations, or multi-generational living arrangements.
The generous 8,500 sq ft lot provides rare space for the area, featuring a brick BBQ, fruit trees, and ample room for recreation and entertaining.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 5.
Built in 1948, the property may require significant capital investment to modernize aging systems, such as electrical, plumbing, or insulation, to meet current standards.
The listing specifies 'Other' for the high school district and 'Not Defined' for the MLS area, which may necessitate extra due diligence for families prioritizing specific educational ratings.
WOW- Don't skip not seeing this Beautiful hacienda-style property featuring a 3-bedroom, 2-bath main home featuring an upstairs suite with balcony along with warm character and a cozy wood-burning fireplace. Situated on an expansive 8,500 sq ft lot, this property also includes a separate rear unit offering 2 bedrooms and 1 bath ideal for extended family, guests, or potential rental income. The spacious backyard still leaves plenty of room for entertaining, complete with a brick-built BBQ area, manicured fruit trees and space for basketball, gatherings, and outdoor fun. A rare opportunity with charm, versatility, and room to enjoy! Minutes to golfing range, restaurants, Bart and highways 101,280/680 .
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,652 | 1,296 | 61% |
| Lot Size | 8,500 | 4,791 | 87% |
| Price | $1.00M | $965.0K | 61% |
| Price per sq ft | $605 | $798 | 35% |
| Built year | 1948 | 1959 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 124 | 9% |
May 28, 2026
$1,000,000
Initial Listing