2501 Jubilee Lane, San Jose, California 95131, San Jose, 95131 - 2 bed, 2 bath
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2501 Jubilee Lane
San Jose, California 95131
ACTIVE
CONDITION: FAIR
2Beds
2Baths
966Sq Ft
0Lot Size
Property Price
LIST PRICE$640,000
EST. MARKET VALUE
$638,042
SUMMARY
This 2-bedroom condominium presents a High-Potential Investment Opportunity with a List Price of $640,000—positioned well below the $623,637 Fair Market Value by -2%. Featuring a Condition Rating of 4, the property offers a value-add opportunity for cosmetic updates. Residents benefit from Top-Rated Schools like Northwood Elementary and proximity to major tech hubs via BART. With in-unit laundry, fireplace, and pool/spa access, this asset provides strong rental demand. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic Silicon Valley entry.
Estimated Market Value
$638,042
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 |
|---|---|---|---|---|---|---|
★ 2501 Jubilee Lane Subject | $640,000* List Price | 2 | 2 | 966 | $660 | - |
A 2559 Alveswood Circle Active Under Contract | $725,000 List Price | 2 | 2 | 1,040 | $697 | 0.0 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 1990, this 34-year-old property is largely in original condition. The kitchen features dated oak cabinetry and older white appliances, and the bathrooms retain original vanities and fixtures. While functional and move-in ready, the interior is significantly dated and requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Northwood Elementary School (9/10). High School: Milpitas High School (9/10).
- Strategic Commuter Location
The property offers exceptional connectivity to Silicon Valley's tech hubs with immediate access to VTA light rail, Milpitas BART, and major highways 680, 880, and 101.
- Proximity to High-Rated Schools
Located in the Berryessa Union Elementary School District, the home is just half a mile from Northwood Elementary, which boasts a top-tier rating of 9/10.
CONSRISKS & DEFICIENCIES
- Extended Days on Market
The property has been active for 160 days with five consecutive price reductions, which may signal a struggle to find market value or underlying buyer hesitation.
- Compact Living Space
At 966 square feet for a 2-bedroom, 2-bathroom configuration, the interior living and dining areas may feel restrictive for families or those requiring more spacious common areas.
About 2501 Jubilee Lane
Welcome to this 2-bedroom, 2-bathroom home is located in San Jose within the Berryessa Union Elementary School District. The 966-square-foot residence features a kitchen equipped with a dishwasher and refrigerator, making meal preparation convenient. The living room includes a fireplace, adding warmth and ambiance to the space. Bedrooms offer walk-in closets for ample storage. Additional amenities include an inside laundry area with washer and dryer. The dining options include a breakfast bar and dining areas. Daily essentials are equally convenient, with Costco, 99 Ranch Market, H Mart, North Park Plaza, and Great Mall all nearby.Commuters benefit from easy access to VTA light rail, Milpitas BART, and highways 680, 880, and 101. Ideal for first-time buyers, professionals, or investors, this home offers peaceful living, prime location, and strong rental demand in one of Silicon Valley's most connected neighborhoods.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $450.0 / Month
Neighborhood Insights
San Jose Unified Schools
Brooktree Elementary School
Grades K-5 • 0.4 mi
6/10
Northwood Elementary School
Grades K-5 • 0.5 mi
9/10
Cherrywood Elementary School
Grades PK-5 • 1.2 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 966 | 1,088.503 |
| Lot Size | - | 1,303.863 |
| Price | $640.0K | $648.7K |
| Price per sq ft | $663 | $614 |
| Built year | 1990 | 1987 |
| HOA | $450.0 | $594 |
| Days on market | 207 | 56 |
Pricing History
Listed for Sale
Jul 23, 2026
$640,000
$665,000
-4% Price Drop
Initial Listing
Price Change
Jun 26, 2026
$665,000
$695,000
-4% Price Drop
Initial Listing
Price Change
Apr 26, 2026
$695,000
$746,000
-7% Price Drop
Initial Listing
Price Change
Mar 11, 2026
$746,000
$770,000
-3% Price Drop
Initial Listing
Price Change
Feb 14, 2026
$770,000
Initial Listing