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: FAIR
0Beds
0Baths
1,276Sq Ft
5,623.6Lot Size
Property Price
LIST PRICE$1,150,000
EST. MARKET VALUE
$1,031,454
11% AboveMARKET VALUE
SUMMARY
This duplex presents a High-Potential Investment Opportunity, listed at $1,150,000—positioned above the $1,031,455 Fair Market Value by -11%. While priced at a premium, the property offers significant upside in a non-rent controlled area. Featuring a Condition Rating of 4, the asset requires modernization to reach its full potential. With 4+ vehicle parking and proximity to major tech hubs, this is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to leverage rental income to offset mortgage costs.
Estimated Market Value
$1,031,454
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 | $1,150,000* List Price | 0 | 0 | 1,276 | $808 | - |
A 1718 Hester Avenue Sold | $1,400,000 | 0 | 0 | 1,682 | $832 | 0.4 mi |
B 870 Leigh Avenue Sold | $1,295,000 | 0 | 0 | 1,786 | $725 | 1.0 mi |
C 584 Macarthur Avenue Active | $875,000 List Price | 0 | 0 | 1,080 | $810 | 0.6 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 1985 (39 years old). The kitchen shows partial updates including granite countertops and a mosaic backsplash, but retains dated oak cabinetry and white appliances. The presence of a window AC unit suggests a lack of modern central HVAC. The property is functional and move-in ready for tenants but requires cosmetic and system modernization to meet current market standards.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Flexibility
Located in a non-rent controlled area, this duplex offers significant upside for investors to adjust rents to market rates, maximizing long-term ROI.
- Prime Silicon Valley Location
Situated near Santana Row, Valley Fair, and Santa Clara University, the property ensures high tenant demand and convenient access to major commute routes.
- Superior Parking Capacity
The property features parking for over four vehicles, a rare and highly valuable amenity for multi-unit residences in high-density San Jose neighborhoods.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With a total of 1,276 square feet split between two units, the living areas are relatively small, which may limit the appeal for tenants seeking more spacious accommodations.
- Modest School Ratings
The assigned public schools, particularly the middle school with a rating of 3, may be a drawback for owner-occupants or tenants with school-aged children.
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. Convenient to Santana Row, Valley Fair, Santa Clara University & all major commute routes. DO NOT DISTURB TENANTS!
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 | 2,559.348 |
| Lot Size | 5,623.6 | 6,883.043 |
| Price | $1.15M | $1.48M |
| Price per sq ft | $901 | $632 |
| Built year | 1985 | 1963 |
| HOA | $0 | $0 |
| Days on market | 44 | 63 |
Pricing History
Listed for Sale
Jul 27, 2026
$1,150,000
Initial Listing
Sold
Apr 15, 2016
$700,000
Public Record