
San Jose, California 95125
This property presents a High-Potential Investment Opportunity with a List Price of $3,999,000—positioned well below the $4,158,655 Fair Market Value by 3%. This valuation gap offers $159,655 in Instant Equity for buyers capable of completing the build-out. Featuring a Condition Rating of 5, the home requires significant interior finishing. With a massive 1,790 SF unfinished basement and 400-amp electrical service, this is a Contractor Special ideal for Fix-and-Flip Investors or Contractors seeking a high-end, value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1998 Campbell Avenue Subject 5 bd · 5 ba · 4,383 sqft · $949 | $3,499,000* List Price | 5 | 5 | 4,383 | $949 | - |
A 1818 Booksin Avenue Pending 4 bd · 3 ba · 3,221 sqft · $1,086 · 0.8 mi | $3,498,000 List Price | 4 | 3 | 3,221 | $1,086 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the structure is new (2022), the property is an unfinished 'Contractor Special' at 60-70% completion. It is currently unlivable, lacking functional kitchens and bathrooms (only renderings provided), and requires significant construction to complete the interior systems and finishes.
The property includes a massive 1,790 SF unfinished basement with 9-foot ceilings not counted in the primary square footage, offering a rare opportunity to substantially increase living space and equity.
The home features premium Marvin dual-pane windows, a steel-framed covered patio, and a 400-amp electrical panel already installed, mitigating common utility delays and ensuring a high-quality structural foundation.
Situated on a rare 0.4-acre lot in San Jose, the property includes a detached garage/shop, providing exceptional space for additional parking, storage, or potential ADU development.
As a 'Contractor Special' that is only 60-70% complete, the property requires a buyer with significant construction expertise and liquid capital to manage the remaining build-out and permitting.
The $3.999M list price for an unfinished project represents a high acquisition cost, which may limit the buyer pool to those capable of absorbing substantial additional finishing costs.
HUGE PRICE IMPROVEMENT - RARE Contractor Builder Special! Almost Half acre paradise! 60-70% completed // Extensively rebuilt and expanded single story home offering 4,383 SF with 5 bedrooms, 4 full bathrooms and a powder room. The thoughtfully designed floor plan includes formal living and dining rooms, a spacious family room, private office and a separate guest suite + BONUS 2,246 SF unfinished Basement 9 ft ceilings not a part of the 4,383 SF The kitchen is designed around a large skylit island and opens to the breakfast and family rooms for comfortable everyday living and entertaining. Multiple French doors connect the interior to a covered rear patio (Steel framed) ft. an indoor-outdoor fireplace Marvin dual pane windows in The private primary suite offers dual closets and a generous bathroom with a soaking tub, separate shower, built-in shower seat and dual-vanity. 10-foot ceilings in several principal rooms, an architectural foyer, an interior laundry room, an attached two-car garage. The Craftsman-influenced exterior combines stucco, horizontal wood siding, stone wainscoting, and layered hip-and-gable rooflines. Plus detached garage/shop offering more parking space/storage. 400 Amps panels installed, no PG&E delays. Architectural design by Dennis Hayes & Associates.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 7-8 • 1.8 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 4,383 | 1,721.238 |
| Lot Size | 17,408 | 6,271.145 |
| Price | $3.50M | $1.67M |
| Price per sq ft | $798 | $972 |
| Built year | 2022 | 1965 |
| HOA | $0 | $190 |
| Days on market | 19 | 38 |
Oct 20, 2026
$3,499,000
$3,999,000
-13% Price Drop
Initial Listing
Oct 5, 2026
$3,999,000
Initial Listing
May 11, 2011
$725,000
Public Record