21300 Almaden Road, San Jose, California 95120, San Jose, 95120 - bed, 1 bath
21300 Almaden Road
San Jose, California 95120
Property Price
SUMMARY
Analysis of 21300 Almaden Road, San Jose, California 95120 is currently available with a list price of $1,299,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is land value only, full reconstruction required.
The property is explicitly marketed for its land and the potential to 'build your dream home,' with the existing 1975 structure serving as an operational post office. No residential interior photos are provided, and the current building is not presented as a habitable or desirable residence. Its value for a residential buyer is based solely on the land and its potential for redevelopment, making the existing structure effectively a tear-down for residential purposes.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 28314, living area = 1101.
- Unique Income Stream
The property currently generates rental income from an operational post office, offering immediate financial return and a distinct value proposition.
- Significant Development Potential
With a substantial lot size of 28,314 sqft, the property explicitly offers the opportunity to 'build your dream home,' indicating strong potential for future residential development or expansion.
CONSRISKS & DEFICIENCIES
- Non-Standard Property Use
The current operation as a post office on a residential lot creates a unique situation that may complicate financing, immediate residential occupancy, or require specific zoning considerations for future development.
- Small Existing Structure & Redevelopment Costs
The existing 1101 sqft, 1-bath structure is significantly undersized for a 'dream home' in San Jose, implying substantial demolition and construction costs for a new build, which might deter some buyers.
- Extended Days on Market
With 206 days on market, the property has been available for an extended period, which could suggest the current pricing is not aligned with market expectations or that the unique nature of the property limits its buyer pool.
About 21300 Almaden Road
Obtain rental income from the operational post office now and later build your dream home on a property close to Alamitos Creek! The property is surrounded by single family homes and adjacent to Casa Grande. It is just down the road from the entrance to Quicksilver Park as well as famous La Foret French restaurant. Travel a little further south and you will come to the Alamitos Vineyards winery. The tiny village of New Almaden is nestled in a canyon between the Pueblo Hills and the spurs of the Santa Cruz Mountains. Membership in the Community Club is optional and includes many activities throughout the year including Easter Egg Hunt, 4th of July BBQ, New Almaden Day Parade and much more.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 28,314 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 4.0 | 2% |
| Baths | 1.0 | 3.0 | 2% |
| Square foot | 1,101 | 2,179 | 2% |
| Lot Size | 28,314 | 8,835 | 88% |
| Price | $1.30M | $2.22M | 2% |
| Price per sq ft | $1.2K | $997 | 81% |
| Built year | 1975 | 1973 | 56% |
| HOA | $0 | $0 | 50% |
| Days on market | 91 | 164 | 13% |
Pricing History
Listed for Sale
Dec 6, 2025
$1,299,000
Initial Listing
Sold
Jul 18, 1995
$60,000
Public Record