
San Jose, California 95112
This property presents a High-Potential Investment Opportunity with a List Price of $850,000—positioned well below the $872,206 Fair Market Value by 2%. This valuation gap offers $22,206 in Instant Equity for buyers. With a Condition Rating of 5, the home requires significant rehabilitation, yet the open floor plan and basement provide a solid foundation for value-add renovations. Located in a central San Jose district, this is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 188 N 18th Street Subject | $850,000* List Price | 3 | 2 | 1,456 | $599 | - |
A 775 E Saint John Street Sold | $765,000 | 2 | 1 | 1,059 | $722 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1920, this property is explicitly listed as a fixer-upper with significant deferred maintenance. The kitchen and flooring are in poor condition with visible damage and missing sections, and the interior shows potential safety hazards regarding the basement access. It requires a full rehabilitation of systems and finishes.
Situated in a highly desirable area near Downtown San Jose, Japantown, and SJSU, offering excellent proximity to major freeways, dining, and public transportation.
The 1,456 sq. ft. interior features a modern open floor plan with a large dining area and oversized kitchen, providing a functional flow rare for homes of this era.
As a character-filled fixer-upper with a basement and long driveway, this property offers a substantial opportunity for investors or contractors to renovate and build value.
The property is explicitly marketed as a fixer-upper, meaning buyers will need to budget for significant repairs and modernization costs.
The permit status for the second bathroom is unknown, which may present challenges for financing, future appraisals, or building code compliance.
Step inside to an open floor plan featuring a spacious living room that flows into a large dining area and an oversized kitchen with sliding glass doors. Offering approximately 1,456 sq. ft. of living space, this home features 3 bedrooms and 2 bathrooms, with the second bathroom (permits unknown). The home also features a basement, providing valuable additional storage space, while the long driveway offers plenty of off-street parking. The backyard is ready for your personal vision, whether you dream of entertaining, gardening, or creating your own outdoor retreat. Full of character and opportunity, this fixer-upper is ideal for investors, contractors, or buyers looking to renovate, customize, and build equity. Bring your vision and make this home your own! Conveniently located in Central San Jose, this home is just minutes from Downtown San Jose, Japantown, San Jose State University, major freeways, shopping, dining, and public transportation, making it an excellent opportunity in a highly desirable location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,456 | 1,706.046 |
| Lot Size | 3,400 | 6,261.966 |
| Price | $850.0K | $1.68M |
| Price per sq ft | $584 | $979 |
| Built year | 1920 | 1965 |
| HOA | $0 | $200 |
| Days on market | 40 | 37 |
Jul 31, 2026
$850,000
Initial Listing