28 Topeka Avenue, San Jose, California 95128, San Jose, 95128 - 0 bed, 0 bath
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28 Topeka Avenue
San Jose, California 95128
ACTIVE
CONDITION: GOOD
0Beds
0Baths
1,276Sq Ft
5,623.6Lot Size
Property Price
LIST PRICE$1,035,000
EST. MARKET VALUE
$1,035,000
SUMMARY
This duplex presents a High-Potential Investment Opportunity, listed at $1,035,000—positioned well below the $1,035,000 Fair Market Value (priced at market stability). Featuring a Condition Rating of 3, the property includes a newer roof, furnace, and updated flooring, minimizing immediate capital expenditure. Its non-rent-controlled status and proximity to major hubs like Santana Row and Santa Clara University ensure strong rental demand. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income.
Estimated Market Value
$1,035,000
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 |
|---|---|---|---|---|---|---|
★ 28 Topeka Avenue Subject 0 bd · 0 ba · 1,276 sqft · $811 | $1,035,000* List Price | 0 | 0 | 1,276 | $811 | - |
A 742 N Genevieve Lane Sold 0 bd · 0 ba · 1,638 sqft · $809 · 0.7 mi | $1,325,000 | 0 | 0 | 1,638 | $809 | 0.7 mi |
B 330 Arleta Avenue Sold 0 bd · 0 ba · 1,300 sqft · $923 · 0.1 mi | $1,200,000 | 0 | 0 | 1,300 | $923 | 0.1 mi |
C 584 Macarthur Avenue Active 0 bd · 0 ba · 1,080 sqft · $740 · 0.6 mi | $799,000 List Price | 0 | 0 | 1,080 | $740 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1985 but shows evidence of significant maintenance and partial renovations within the 5-15 year range. The property features a newer roof and furnace, updated laminate and tile flooring, recessed lighting, and refreshed bathroom countertops. It is move-in ready and well-maintained.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Versatility
Situated in a non-rent controlled area, this duplex provides a rare opportunity for investors to maximize market rents or for owner-occupants to utilize rental income for mortgage offset.
- Strategic Location
The property boasts a prime location with immediate proximity to Santana Row, Valley Fair Mall, and Santa Clara University, ensuring high tenant demand and long-term desirability.
- Key Infrastructure Upgrades
Recent capital improvements, including a newer roof and furnace, along with rare parking capacity for over four vehicles, reduce immediate maintenance liabilities for the buyer.
CONSRISKS & DEFICIENCIES
- Extended Market Stagnation
With 86 days on the market and a significant price reduction of over $100,000, the property may be struggling to find its value proposition in the current interest rate environment.
- Limited Living Square Footage
The total living area of 1,276 square feet is relatively small for two units, which may limit the rental premium and appeal to tenants seeking more spacious accommodations.
About 28 Topeka Avenue
Great 'Investment Opportunity' or "Owner Occupancy with Rental income in the back'! Duplex with two separate units, in a non rent controlled area. Built in 1985 Front Unit - 2 Br/1Ba and Rear Unit - 1 Br/1 Ba. Parking for 4+ vehicles. Very well maintained property. newer roof and furnace. Convenient to Santana Row, Valley Fair, Santa Clara University & all major commute routes. Front unit vacant and ready to show. Please do not disturb tenant in back unit.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1985
- Lot Size
- 5,623.6 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Merritt Trace Elementary School
Grades K-5 • 0.5 mi
4/10
Gardner Elementary School
Grades K-5 • 1.9 mi
4/10
Horace Mann Elementary School
Grades K-5 • 2.7 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,276 | 2,404.563 |
| Lot Size | 5,623.6 | 6,807.656 |
| Price | $1.03M | $1.42M |
| Price per sq ft | $811 | $613 |
| Built year | 1985 | 1962 |
| HOA | $0 | $0 |
| Days on market | 89 | 72 |
Pricing History
Listed for Sale
Sep 22, 2026
$1,035,000
$1,150,000
-10% Price Drop
Initial Listing
Price Change
Jul 27, 2026
$1,150,000
Initial Listing
Sold
Apr 15, 2016
$700,000
Public Record