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2435 Alvarado Drive, Santa Clara, California 95051, Santa Clara, 95051 - 5 bed, 3 bath

2435 Alvarado Drive, Santa Clara, California 95051 home-pic-0
ACTIVE$1,998,888$2,716/sqft
Est. Value: $1,755,441
-12%
AboveEstimate
2435 Alvarado Drive, Santa Clara, California 95051
5Beds
3Baths
2,716Sqft
6,820Lot

Price Vs. Estimate

The estimated value ($1,755,441.395) is $243,446.605 (12%) lower than the list price ($1,998,888). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Accessibility: Situated in a central Santa Clara neighborhood, the property offers convenient access, being a short walk from major employers like Nvidia, local parks (Souza, Bracher), and a short drive to major commute routes and amenities.
Top Cons:
Requires Extensive Remodeling: The property is explicitly marketed as 'ready for remodeling' and a 'spacious canvas,' indicating that significant investment in design, finishes, and updates will be necessary.

Compared to the nearby listings

Price:$2.00M vs avg $2.23M ($-226,112)40%
Size:2,716 sqft vs avg 1,568.5 sqft90%
Price/sqft:$736 vs avg $1.4K4%

More Insights

Built in 1968 (58 years old).
Condition: Built in 1968, this property is explicitly marketed as 'ready for remodeling' and a 'spacious canvas,' indicating a need for substantial rehabilitation. The images confirm this, showing a highly outdated kitchen with oak cabinets, tile countertops, and old appliances, along with bathrooms featuring dated fixtures, vanities, and finishes. Interior spaces have worn carpets, wood paneling, and old light fixtures, with visible window AC units suggesting an inadequate or absent central cooling system. While the structure appears sound for renovation, the property requires extensive updates to all major components and aesthetics, aligning with the 'poor' condition criteria.
Year Built
1968
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$736
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030364
Home ConditionPoor
Features
View-

About this home

With over 2,700 square feet of living area, this single family rancher on a nearly 7,000 square feet lot in a central Santa Clara neighborhood characterized by wide, low-traffic streets and larger homes is located just a short walk from Nvidia, Souza Park, and Bracher Park, and just a short drive from the South Bays largest employers, major commute routes, and finest amenities. Ready for remodeling, the home's considerable size and favorable floor plan ideal for multi-generational living, with spacious great rooms both upstairs and down, bedrooms and bathrooms on both levels, and an exceptionally large master suite with private fireplace and walk-in closet, present an ideal opportunity to remodel within the large existing canvas, saving considerable time and cost relative to remodels requiring significant structural changes or costly additions. Come check out this spacious canvas, ready for your design and finishes and benefitting from a prime Santa Clara location with enviably affordable Santa Clara utilities.

R
Ryan Nickell
Listing Agent
Condition Rating
Poor
Built in 1968, this property is explicitly marketed as 'ready for remodeling' and a 'spacious canvas,' indicating a need for substantial rehabilitation. The images confirm this, showing a highly outdated kitchen with oak cabinets, tile countertops, and old appliances, along with bathrooms featuring dated fixtures, vanities, and finishes. Interior spaces have worn carpets, wood paneling, and old light fixtures, with visible window AC units suggesting an inadequate or absent central cooling system. While the structure appears sound for renovation, the property requires extensive updates to all major components and aesthetics, aligning with the 'poor' condition criteria.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a central Santa Clara neighborhood, the property offers convenient access, being a short walk from major employers like Nvidia, local parks (Souza, Bracher), and a short drive to major commute routes and amenities.
Spacious Living Area & Lot: With over 2,700 square feet of living space on a nearly 7,000 square foot lot, this property provides substantial room for comfortable living and outdoor activities.
Multi-Generational Living Potential: The favorable floor plan, featuring spacious great rooms, bedrooms, and bathrooms on both levels, including an exceptionally large master suite, is ideal for multi-generational living arrangements.
Significant Remodeling Opportunity: Described as a 'large existing canvas' ready for remodeling, it offers an ideal opportunity to customize and modernize without requiring significant structural changes, potentially saving time and cost.
Affordable Santa Clara Utilities: The property benefits from its Santa Clara location, which is known for enviably affordable municipal utilities, offering a practical financial advantage to homeowners.

Cons

Requires Extensive Remodeling: The property is explicitly marketed as 'ready for remodeling' and a 'spacious canvas,' indicating that significant investment in design, finishes, and updates will be necessary.
Age of Property: Built in 1968, the home is over 50 years old, suggesting that many systems, components, and finishes are likely original or outdated and will require replacement or modernization.
Not Move-In Ready: The current condition implies it is not suitable for immediate occupancy without substantial renovation, which may deter buyers seeking a turnkey or minimally updated home.
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