210 Gramercy Place, San Jose, California 95116, San Jose, 95116 - bed, bath

210 Gramercy Place, San Jose, California 95116 home-pic-0
ACTIVE$1,598,000
210 Gramercy Place, San Jose, California 95116
0Bed
0Bath
3,324Sqft
6,600Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Investment Potential: This multi-unit (Quadruplex) property offers strong rental income potential in a high-demand Silicon Valley market, making it ideal for investors.
Top Cons:
Property Age: Built in 1962, the property's age may imply potential for older infrastructure or systems not explicitly updated, which could require future investment.

Compared to the nearby listings

Price:$1.60M vs avg $1.21M (+$390,500)83%
Size:3,324 sqft vs avg 2,078 sqft83%
Price/sqft:$481 vs avg $51350%

More Insights

Built in 1962 (63 years old).
Condition: Built in 1962, this property is over 60 years old. While the listing mentions 'updated amenities,' a 'well-equipped kitchen' with granite countertops, and double-pane windows, the exterior images clearly show a dated building with visible wear, old fencing, and a general lack of modern curb appeal. The absence of central air conditioning and any details or images of the bathrooms suggests these areas are likely original or have not been recently updated. The property appears functional and maintained, but its age and visible condition indicate it requires minor updates and cosmetic repairs to meet current quality and aesthetic standards.
Year Built
1962
Close
-
List price
$1.6M
Original List price
$1.65M
Price/Sqft
$481
HOA
-
Days on market
-
Sold On
-
MLS number
ML82002766
Home ConditionFair
Features
View

About this home

Welcome to this splendid 3,324 sq. ft. home located in the vibrant city of San Jose. Situated on a generous 6,600 sq. ft. lot, this residence offers ample space and comfort. The well-equipped kitchen features granite countertops, an exhaust fan, an electric oven range, and a refrigerator, making it perfect for culinary enthusiasts. Inside, you'll find laminate and tile flooring throughout the home, adding both style and durability. For your convenience, the property includes laundry hookups, allowing you to easily install your preferred laundry appliances. This property falls within the Alum Rock Union Elementary School District. Energy-efficient double pane windows contribute to the home's comfort and help in maintaining an ideal indoor climate. With carport spaces, parking arrangements can be made in the ample outdoor area. - **Strong Rental Potential:** Located in a high-demand area, this property offers excellent rental income potential, making it a smart investment for savvy buyers. This multi-unit property is in its prime location, updated amenities, and versatile layout, its perfect for investors, growing families, or anyone looking to capitalize on San Joses thriving real estate market. Do not miss this rare opportunity to own a piece of Silicon Valley!

Condition Rating
Fair

Built in 1962, this property is over 60 years old. While the listing mentions 'updated amenities,' a 'well-equipped kitchen' with granite countertops, and double-pane windows, the exterior images clearly show a dated building with visible wear, old fencing, and a general lack of modern curb appeal. The absence of central air conditioning and any details or images of the bathrooms suggests these areas are likely original or have not been recently updated. The property appears functional and maintained, but its age and visible condition indicate it requires minor updates and cosmetic repairs to meet current quality and aesthetic standards.
Pros & Cons

Pros

Investment Potential: This multi-unit (Quadruplex) property offers strong rental income potential in a high-demand Silicon Valley market, making it ideal for investors.
Generous Space: The property boasts a substantial 3,324 sq. ft. home on a spacious 6,600 sq. ft. lot, providing ample living and outdoor area.
Updated Kitchen: The well-equipped kitchen features granite countertops, an exhaust fan, an electric oven range, and a refrigerator, offering modern functionality.
Energy Efficiency: Energy-efficient double pane windows are installed throughout, contributing to comfort and potential utility savings.
Prime Location: Located in San Jose, a vibrant city within Silicon Valley, the property benefits from a thriving real estate market and high demand.

Cons

Property Age: Built in 1962, the property's age may imply potential for older infrastructure or systems not explicitly updated, which could require future investment.
Lack of Central Cooling: The description does not mention a central air conditioning system, which could be a significant drawback during San Jose's warmer months.
School District Specifics: While within the Alum Rock Union Elementary School District, the high school district is vaguely listed as 'Other,' which might be a concern for families prioritizing specific school ratings.

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