2968 Florence Avenue, San Jose, California 95127, San Jose, 95127 - 3 bed, 2 bath
ACTIVE$969,000$1,207/sqft
Est. Value: $911,610
-5%
AboveEstimate
2968 Florence Avenue, San Jose, California 95127
3Beds
2Baths
1,207Sqft
6,960Lot
Price Vs. Estimate
The estimated value ($911,609.97) is $57,390.03 (5%) lower than the list price ($969,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime San Jose Location: The property is situated in San Jose, a highly desirable market, offering excellent proximity to shopping centers, major freeways, and schools, enhancing convenience and potential appreciation.
Top Cons:
Significant Renovation Required: As a 'fixer upper,' the property demands a substantial financial investment and time commitment to update and modernize it to contemporary standards and preferences.
Compared to the nearby listings
Price:$969.0K vs avg $1.06M ($-91,000)34%
Size:1,207 sqft vs avg 1,260 sqft43%
Price/sqft:$803 vs avg $78852%
More Insights
Built in 1960 (66 years old).
Condition: Built in 1960 and explicitly described as a 'fixer upper,' this property requires substantial renovation. The kitchen features very dated white cabinets, old laminate countertops, and basic, older white appliances. The bathrooms also show significant age with outdated vanities, fixtures, and tile work. While some hardwood floors are present, the overall aesthetic and condition of major components like the kitchen and bathrooms indicate a need for extensive updates and rehabilitation, aligning with the 'poor' condition criteria.
Year Built
1960
Close
-
List price
$969K
Original List price
$969K
Price/Sqft
$803
HOA
-
Days on market
-
Sold On
-
MLS number
ML82030266
Home ConditionPoor
Features
ViewNone
About this home
Great fixer upper home for young family. Discover a home that you can make your own style that's close to shopping, freeways and schools. Has a basement with entrance inside two car attached garage. Don't miss the opportunity to own your that you can tailor it to your personal style.
C
Christina Andrade
Listing Agent
Condition Rating
Poor
Built in 1960 and explicitly described as a 'fixer upper,' this property requires substantial renovation. The kitchen features very dated white cabinets, old laminate countertops, and basic, older white appliances. The bathrooms also show significant age with outdated vanities, fixtures, and tile work. While some hardwood floors are present, the overall aesthetic and condition of major components like the kitchen and bathrooms indicate a need for extensive updates and rehabilitation, aligning with the 'poor' condition criteria.
Pros & Cons
Pros
Prime San Jose Location: The property is situated in San Jose, a highly desirable market, offering excellent proximity to shopping centers, major freeways, and schools, enhancing convenience and potential appreciation.
Customization & Value-Add Potential: Marketed as a 'fixer upper,' this home presents a unique opportunity for buyers to personalize the space to their exact style and preferences, while also building significant equity through renovation.
Functional Basement Space: The inclusion of a basement with direct access from the two-car attached garage provides valuable additional space for storage, utilities, or potential future conversion into extra living areas.
Generous Lot Size: With a lot size of 6960 sqft, the property offers ample outdoor space for landscaping, gardening, recreation, or potential future expansion, a significant asset in an urban setting.
Family-Oriented Appeal: The description highlights its suitability for a 'young family,' suggesting a neighborhood and layout conducive to family living and growth.
Cons
Significant Renovation Required: As a 'fixer upper,' the property demands a substantial financial investment and time commitment to update and modernize it to contemporary standards and preferences.
Aging Infrastructure & Systems: Built in 1960, the home likely features original or outdated electrical, plumbing, and HVAC systems, as well as finishes, which may necessitate costly repairs or full replacements in the near future.
Not Move-in Ready: Due to its current condition, the property is not immediately move-in ready, requiring considerable work before comfortable occupancy, which could incur additional holding costs during renovation.