2440 Poplar Drive, San Jose, California 95122, San Jose, 95122 - 4 bed, 2 bath
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2440 Poplar Drive
San Jose, California 95122
ACTIVE
CONDITION: FAIR
4Beds
2Baths
1,516Sq Ft
5,500Lot Size
Property Price
LIST PRICE$1,079,950
EST. MARKET VALUE
$1,052,584
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $1,149,950—positioned well below the $1,085,946 Fair Market Value by -5%. Featuring a 4-bedroom, 2-bathroom layout with a permitted addition and separate entrance, the home offers significant rental income potential. While the Condition Rating of 4 indicates a need for cosmetic updates, the 390 sq/ft covered patio and RV parking add substantial utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add property in an established neighborhood.
Estimated Market Value
$1,052,584
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 |
|---|---|---|---|---|---|---|
★ 2440 Poplar Drive Subject | $1,079,950* List Price | 4 | 2 | 1,516 | $694 | - |
A 1262 Leeward Drive Sold | $1,008,000 | 4 | 2 | 1,220 | $826 | 0.2 mi |
B 1729 Adrian Way Sold | $1,106,000 | 4 | 3 | 1,436 | $770 | 0.4 mi |
C 1878 Story Road Active Under Contract | $995,000 List Price | 4 | 3 | 1,659 | $600 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1965, the property features a kitchen and bathrooms with dated oak cabinetry and finishes likely from a 20+ year old renovation. While functional and including permitted additions, the home requires cosmetic updates and shows visible maintenance needs such as significant cracking in the driveway.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The permitted addition includes a bedroom and bathroom with a separate entrance, providing an ideal setup for rental income or multi-generational living.
- Functional Outdoor Space
The property features a permitted 390 sq. ft. covered patio and rare RV parking access, significantly increasing the utility of the 5,500 sq. ft. lot.
- Strategic Location
Ideally situated near major commuter routes, schools, and shopping, this home offers high convenience for professionals and families in an established neighborhood.
CONSRISKS & DEFICIENCIES
- Permit Compliance Risks
The existence of an extra bathroom in the rear yard with unknown permits could lead to complications during the appraisal process or future city inspections.
- Aging Infrastructure
As a 1965 build, the property may require significant capital investment to update original systems and cosmetic finishes to modern standards.
About 2440 Poplar Drive
Welcome home to a 4 bedroom, 2 full bathrooms, addition was done with permits. 1 bedroom and bathroom has separate entrance and has potential for rental income. Rv parking access, and backyard with a permitted 390 sq/ft covered patio, area for garden and storage. Extra bathroom in rear yard with unknown permits. Ideally located near schools, parks, shopping, dining, and major commuter routes, this home combines comfort and convenience in an established East San Jose neighborhood.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1965
- Lot Size
- 5,500 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 | 1,516 | 1,706.046 |
| Lot Size | 5,500 | 6,261.966 |
| Price | $1.08M | $1.68M |
| Price per sq ft | $712 | $979 |
| Built year | 1965 | 1965 |
| HOA | $0 | $200 |
| Days on market | 47 | 37 |
Pricing History
Listed for Sale
Aug 31, 2026
$1,079,950
$1,149,950
-6% Price Drop
Initial Listing
Price Change
Jul 24, 2026
$1,149,950
Initial Listing
Sold
Sep 1, 2005
$565,000
Public Record
Sold
Jul 31, 2000
$300,000
Public Record
Sold
Jun 9, 2000
$125,500
Public Record
Sold
Feb 14, 1997
$170,000
Public Record
Sold
Sep 25, 1996
$3,000
Public Record
Sold
Feb 28, 1996
$115,000
Public Record