2631 Lombard, San Jose, California 95116, San Jose, 95116 - 3 bed, 2 bath
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San Jose, California 95116
This Value-Driven Single-Family Residence is a Prime Investment Opportunity, listed at $988,888—positioned well below the $1,012,121 Fair Market Value by 2%. This valuation gap provides $23,233 in Instant Equity. Boasting a Condition Rating of 3, the interior features a Granite Kitchen and a classic Brick Fireplace. The property offers significant utility with an Extensive Covered Patio and a prime location just one block from public transit. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors seeking a stable San Jose asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2631 Lombard Subject | $988,888* List Price | 3 | 2 | 1,200 | $849 | - |
A 1004 Sinbad Avenue Sold | $902,000 | 4 | 2 | 1,242 | $726 | 0.4 mi |
B 2130 Nottoway Avenue Sold | $965,000 | 3 | 2 | 1,167 | $827 | 0.8 mi |
C 76 Sunset Court Sold | $780,000 | 3 | 2 | 756 | $1,032 | 0.8 mi |
D 2598 Sierra Vista Court Active | $1,149,000 List Price | 4 | 2 | 1,231 | $933 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1960, the interior shows functional updates including granite countertops, laminate flooring, and updated bathroom tiling. The home appears well-maintained and move-in ready, fitting the 5-15 year renovation profile.
Situated just one block from public transit and bus stations, this property offers exceptional convenience and accessibility for daily commuters.
The backyard features a large covered patio with dedicated zones for BBQing and entertaining, significantly extending the usable living space of the home.
The kitchen is equipped with durable granite countertops and ample cabinetry, providing a modern and practical workspace for home chefs.
The property is being sold in its current condition, which may necessitate immediate out-of-pocket expenses for repairs or modernization.
With 1,200 square feet of living space, the home's footprint is relatively modest, which may be a limitation for buyers seeking more expansive interiors.
Location, location, location! Just one block from public transit/bus station, providing easy access for commuters. Charming 3 bedroom and 2 bath with two garage home. Spacious family room with a classic brick fireplace. Kitchen offers granite countertops, ample cabinetry, and convenient access to the backyard where includes a huge a covered patio with separate areas for entertaining, BBQ and storage. Property to be sold "as-is".
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,200 | 1,242 | 43% |
| Lot Size | 5,900 | 4,791 | 70% |
| Price | $988.9K | $965.0K | 61% |
| Price per sq ft | $824 | $817 | 52% |
| Built year | 1960 | 1960 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 124 | 9% |
Apr 30, 2026
$988,888
Initial Listing
Jun 10, 2010
$306,000
Public Record