2394 Balme Drive 108, San Jose, California 95122, San Jose, 95122 - 1 bed, 1 bath
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San Jose, California 95122
This High-Potential Investment Opportunity is listed at a List Price of $349,888, positioned well below the $340,358 Fair Market Value by -2%. While the property is priced slightly above the current automated valuation, its Fair Condition Rating and functional layout offer a stable entry point into the Silicon Valley market. Featuring a private balcony and recent cosmetic updates, this condo provides immediate utility. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, commuter-friendly residence near Eastridge Center.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2394 Balme Drive 108 Subject | $349,888* List Price | 1 | 1 | 648 | $525 | - |
A 2386 Balme Drive Sold | $365,000 | 1 | 1 | 648 | $563 | 0.0 mi |
B 1050 Summermist Court Sold | $415,000 | 1 | 1 | 746 | $556 | 0.3 mi |
C 1034 Summermist Court Active | $393,888 List Price | 1 | 1 | 720 | $547 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1984 (40 years old) and features primarily cosmetic updates such as fresh interior paint and new kitchen lighting. While the unit is move-in ready and functional, the presence of older wall heating systems and dated cabinetry/fixtures suggests it has not had a full-scale renovation in the last 15 years, fitting the 'Fair' criteria for dated properties over 20 years old.
Priced under $350,000, this property represents a rare entry-level opportunity in the competitive Silicon Valley market, making it ideal for first-time buyers or investors seeking a low-cost entry point.
The condo offers excellent connectivity with quick access to Highways 101, 280, and 680, and is conveniently located near Eastridge Center and Lake Cunningham Park for shopping and recreation.
As a top-floor unit featuring fresh interior paint and updated kitchen lighting, the home provides a refreshed aesthetic and enhanced privacy compared to lower-level units.
With only 648 square feet of living area, the compact footprint may be restrictive for buyers needing extra storage or a dedicated home office space.
The assigned elementary and high schools both carry a rating of 5, which may be a drawback for families prioritizing high-performing educational districts.
Welcome to this cute and cozy top-floor 1-bedroom, 1-bathroom condo offering 648± sq ft of comfortable living in the heart of East San Jose. Fresh interior paint and updated kitchen lighting give the home a bright, refreshed feel, while the functional layout makes the most of every square foot. Enjoy a welcoming living area, spacious bedroom, and a private balcony that's perfect for morning coffee or relaxing after a long day. Whether you're a first-time homebuyer ready to stop renting, an investor looking to expand your portfolio, or someone seeking an affordable Silicon Valley home, this condo is an excellent opportunity. Conveniently located near Eastridge Center, you'll have easy access to shopping, dining, and entertainment, along with nearby Lake Cunningham Park and Action Sports Park for outdoor recreation. Quick access to Capitol Expressway, Highways 101, 280, and 680 makes commuting throughout San Jose and the Bay Area simple and convenient.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 648 | 988 |
| Lot Size | - | 1,550 |
| Price | $349.9K | $671.0K |
| Price per sq ft | $540 | $625 |
| Built year | 1984 | 1985 |
| HOA | $404.0 | $586 |
| Days on market | 13 | 48 |
Jul 10, 2026
$349,888
Initial Listing
Oct 18, 2016
$300,000
Public Record
Jun 21, 2012
$115,000
Public Record
Jun 24, 2005
$240,000
Public Record
Nov 9, 2004
$208,500
Public Record
Feb 21, 1997
$75,000
Public Record
Dec 13, 1994
$65,000
Public Record