
San Jose, California 95126
This Hybrid Residential Asset is a Strong Value Opportunity, listed at $2,048,800, which aligns with its $2,048,800 Fair Market Value. While priced at market, the property offers significant upside through its 8,276 sqft lot and ADU-to-condo conversion potential under AB1033. Featuring a Condition Rating of 2 with high-end modern updates like a new wine cellar and designer wet bar, the home balances historic 1910 character with luxury finishes. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, high-growth San Jose location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2084 Alameda Way Subject | $2,048,800* List Price | 3 | 3 | 2,305 | $889 | - |
A 1364 Randol Avenue Sold | $2,200,000 | 3 | 2 | 2,154 | $1,021 | 0.8 mi |
B 1270 Mckendrie Street Sold | $2,600,000 | 4 | 3 | 2,720 | $956 | 0.3 mi |
C 1666 Topeka Avenue Sold | $1,820,000 | 3 | 2 | 1,869 | $974 | 1.0 mi |
D 1158 Fremont St Sold | $2,000,000 | 5 | 4 | 2,688 | $744 | 0.9 mi |
E 1508 W Hedding Street Active | $1,580,000 List Price | 4 | 3 | 1,907 | $829 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1910, the property has undergone an extensive recent renovation. The bathrooms are fully transformed with new designer tile and fixtures, and the living area features a new designer wet bar with quartz counters and premium appliances. With fresh interior paint, new lighting, and a newly built wine cellar, the home meets the criteria for a high-end renovation completed within the last 5 years.
The expansive 8,276 sqft lot offers significant investment value through potential ADU construction and future condo conversion opportunities under AB1033.
The home seamlessly blends 1910 character with high-end finishes, including a new wine cellar, designer wet bar with quartz counters, and fully remodeled bathrooms.
Situated in a highly desirable San Jose pocket, the property provides immediate access to Santana Row, Valley Fair, Santa Clara University, and major commuter routes like HWY 880.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8276, other record lot size in square feet = 8500.
With 100 days on the market, the property may be facing challenges regarding its current list price relative to buyer demand in the local area.
Originally built in 1910, the property may require ongoing vigilance for maintenance issues inherent to historic homes, despite recent cosmetic and functional upgrades.
Rare opportunity in the heart of San Jose! Welcome to 2084 Alameda Way, where classic character meets modern luxury and incredible investment potential. Spanning over 2,305 sqft. on a generous 8,276 sqft lot, this extensively updated home offers a versatile floor plan designed for comfort and growth. The main level features an open living/dining area flowing into a separate family room with a fireplace and designer wet bar. The bar boasts new quartz counters, matching backsplash, custom cabinetry, and premium appliances. Luxury additions include a newly built wine cellar. Bathrooms are fully transformed with new tile, vanities, and fixtures. High ceilings and crown molding perfectly complement modern upgrades like fresh interior paint and designer lighting. The massive backyard presents a rare development play with ample space for a detached ADU with a separate entrance. Per AB1033, explore the potential for an ADU-to-condo conversion, offering the possibility to sell the ADU as a separate unit later. Enjoy multiple balconies and an expansive front patio just minutes from Santa Clara University, Valley Fair, Santana Row, and Downtown San Jose. With easy access to HWY 880, this property is an unbeatable commuters delight and a savvy investment. Your future starts here!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,305 | 1,706.046 |
| Lot Size | 8,276 | 6,261.966 |
| Price | $2.05M | $1.68M |
| Price per sq ft | $889 | $979 |
| Built year | 1910 | 1965 |
| HOA | $0 | $200 |
| Days on market | 125 | 37 |
May 7, 2026
$2,048,800
Initial Listing
Apr 1, 2025
$1,700,000
Public Record
May 10, 2002
$860,000
Public Record
Dec 13, 2001
$675,000
Public Record
Nov 2, 1995
$270,000
Public Record