2409 Summer Street, San Jose, California 95116, San Jose, 95116 - 4 bed, 2 bath
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2409 Summer Street
San Jose, California 95116
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,376Sq Ft
4,040Lot Size
Property Price
LIST PRICE$975,000
EST. MARKET VALUE
$987,748
SUMMARY
This Prime Investment Opportunity is a Dual-Unit Residential Asset listed at $999,999—positioned well below the $1,024,265 Fair Market Value by 2%. This valuation gap offers $24,266 in Instant Equity. Featuring a Mint Condition Rating following a 2026 remodel, the property includes two fully permitted 2-bedroom units with modern finishes and a private patio. This turnkey configuration is ideal for Buy-and-Hold Investors seeking rental income or Owner-Occupants looking to offset mortgage costs through house hacking.
Estimated Market Value
$987,748
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2409 Summer Street Subject 4 bd · 2 ba · 1,376 sqft · $718 | $975,000* List Price | 4 | 2 | 1,376 | $718 | - |
A 1004 Sinbad Avenue Sold 4 bd · 2 ba · 1,242 sqft · $726 · 0.5 mi | $902,000 | 4 | 2 | 1,242 | $726 | 0.5 mi |
B 2130 Nottoway Avenue Sold 3 bd · 2 ba · 1,167 sqft · $827 · 0.7 mi | $965,000 | 3 | 2 | 1,167 | $827 | 0.7 mi |
C 211 Checkers Drive Pending 4 bd · 2 ba · 1,525 sqft · $590 · 1.0 mi | $899,000 List Price | 4 | 2 | 1,525 | $590 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property has been completely remodeled and is in mint condition. It features a brand-new modern kitchen with stainless steel appliances, updated bathrooms, new flooring, recessed lighting, and newly installed mini-split HVAC systems throughout both units.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Income Potential
The property features two separate, fully permitted 2-bedroom units with individual utility meters, offering excellent flexibility for rental income or multi-generational living.
- Turnkey Condition
Completely remodeled and finished in September 2026, the home provides modern updates and repairs throughout, minimizing the need for immediate post-purchase investment.
- Market Affordability
Priced competitively for the San Jose area, this property represents a rare opportunity to acquire two living spaces on one parcel for under $1 million.
CONSRISKS & DEFICIENCIES
- Recently Sold Property
The property was recently sold within the past year on 2026-06-10. The sold price is $675,000.00.
- Limited Lot Size
The 4,040 square foot lot is relatively small for a multi-unit property, which may restrict outdoor amenities, gardening space, and private parking options.
- Historic Build Date
Originally built in 1925, the structure may have layout constraints or underlying vintage elements that contrast with the requirements of modern building standards.
About 2409 Summer Street
One of the Most Affordable Homes in the Bay Area! This unique property features 2 separate units, with each unit offering 2 bedrooms and 1 bathroom. The rear unit is fully permitted, and each unit has its own separate electric and water meter. The property was completely remodeled and finished in September 2026, including updates and repairs throughout both units A great opportunity for owner-occupants, extended families, or investors looking for a property with two separate living spaces Ideally for a Large Family, for living in one unit while renting out the other for extra income, or for investors to rent out 2 separate units on one Parcel Note: With full price offer seller is willing to credit 1/2% funds towards interest rate reduction. Call listing Agent for More Details
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 4,040 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,376 | 1,721.238 |
| Lot Size | 4,040 | 6,271.145 |
| Price | $975.0K | $1.67M |
| Price per sq ft | $709 | $972 |
| Built year | 1925 | 1965 |
| HOA | $0 | $190 |
| Days on market | 37 | 38 |
Pricing History
Listed for Sale
Oct 1, 2026
$975,000
$999,999
-2% Price Drop
Initial Listing
Price Change
Sep 17, 2026
$999,999
Initial Listing
Sold
Jun 10, 2026
$675,000
Public Record
Sold
Mar 30, 2010
$330,000
Public Record
Sold
Mar 13, 2008
$260,000
Public Record
Sold
Mar 24, 2006
$660,000
Public Record