
San Jose, California 95120
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.
Property is land value only, full reconstruction required.
While the structure is currently operational as a post office, it is listed as a residential property but lacks the essential components of a home, such as a residential kitchen and living quarters. The listing explicitly markets the property's value in its large 28,314 sqft lot and the opportunity to 'build your dream home,' indicating that the existing 1975 building is intended to be replaced or is unlivable as a standard residence.
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.
The property currently houses an operational post office, providing a reliable income stream while the owner prepares for future residential development.
Nestled in the historic New Almaden village, the property offers proximity to Quicksilver Park, Alamitos Creek, and the renowned La Foret restaurant, ideal for outdoor enthusiasts.
The property has been on the market for over 200 days, which may indicate complexities regarding its current commercial use or pricing relative to the necessary conversion costs.
The existing 1,101 square foot structure is configured as a post office, requiring a complete rebuild or extensive renovation to function as a standard single-family home.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 2% |
| Baths | 1.0 | 3.0 | 2% |
| Square foot | 1,101 | 2,179 | 2% |
| Lot Size | 28,314 | 8,877.5 | 88% |
| Price | $1.30M | $2.40M | 2% |
| Price per sq ft | $1.2K | $1.0K | 86% |
| Built year | 1975 | 1975 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 143 | 48% |
Dec 6, 2025
$1,299,000
Initial Listing
Jul 18, 1995
$60,000
Public Record