24 Scharff Avenue, San Jose, California 95116, San Jose, 95116 - 3 bed, 2 bath
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San Jose, California 95116
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,118,720 Fair Market Value by 1.7%. This valuation gap offers $19,720 in Instant Equity for the buyer. Featuring a 3-bedroom, 2-bath layout with ADU conversion potential in the detached garage, the home maintains a Condition Rating of 3. With recent system upgrades and a large patio, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready home with long-term appreciation potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 24 Scharff Avenue Subject | $1,099,000* List Price | 3 | 2 | 1,724 | $649 | - |
A 312 Mullion Court Sold | $1,070,000 | 4 | 3 | 1,960 | $546 | 0.1 mi |
B 2130 Nottoway Avenue Sold | $965,000 | 3 | 2 | 1,167 | $827 | 0.9 mi |
C 1004 Sinbad Avenue Sold | $902,000 | 4 | 2 | 1,242 | $726 | 1.0 mi |
D 1752 Duffy Way Sold | $840,000 | 3 | 3 | 1,296 | $648 | 0.7 mi |
E 9 N 33rd Street Active | $1,049,999 List Price | 3 | 3 | 1,632 | $643 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1970, the home is exceptionally well-maintained and move-in ready. While the kitchen retains its original 'vintage' cabinetry and tile surfaces (Fair/Dated), the property benefits from significant system updates including a newer furnace, water heater, copper plumbing, and dual-pane windows. The primary bathroom has been updated, and the interior features fresh paint and well-preserved parquet flooring.
The detached garage and long gated driveway provide an excellent opportunity for an Accessory Dwelling Unit (ADU) conversion, offering significant potential for rental income or multi-generational living.
The home features essential modern upgrades including a newer furnace, water heater, dual-pane windows, and fresh interior paint, reducing immediate maintenance costs for the buyer.
At 1,724 square feet, the property offers a generous floor plan featuring a large family room and a primary suite with an updated en-suite bathroom, providing more interior volume than typical 3-bedroom homes in the area.
With 42 days on the market and two consecutive price reductions from the original $1.199M asking price, the property is currently struggling to find its market value equilibrium.
While functional, the kitchen's tile countertops and vintage cabinetry may feel outdated to modern buyers who prioritize contemporary finishes like quartz or stone.
Charming & move-in ready home centrally located with ideal access to Silicon Valley commute routes! The property offers a charming exterior & an inviting entryway that leads into a spacious layout filled with abundant natural light and a welcoming & inviting living room w/ oversize front view window. The spacious kitchen features abundant tile counter space & backsplash, custom 'vintage' cabinetry, gas cooktop, dual sink, & tile floors. Recent improvements include fresh interior paint & new baseboards, newer furnace & water heater, LED light fixtures, & dual pane windows. Large family room located towards the rear of the home is perfect for gatherings & features sliding door w/ access to patio & backyard. Spacious primary bedroom with dual closets & an updated en-suite bathroom featuring elegant tile work in shower & a pedestal sink. Other features of the home include a dedicated laundry room, copper pipes, gleaming Parquet wood floors, a long gated driveway for plenty of parking space, & a detached garage w/ ADU conversion potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,724 | 1,683.5 |
| Lot Size | 5,500 | 6,300 |
| Price | $1.10M | $1.70M |
| Price per sq ft | $637 | $1000 |
| Built year | 1970 | 1966 |
| HOA | $0 | $160 |
| Days on market | 44 | 35 |
Jul 8, 2026
$1,099,000
$1,149,000
-4% Price Drop
Initial Listing
Jun 29, 2026
$1,149,000
$1,199,000
-4% Price Drop
Initial Listing
Jun 8, 2026
$1,199,000
Initial Listing