2992 Lina Street 2, San Jose, California 95136, San Jose, 95136 - 3 bed, 4 bath
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2992 Lina Street 2
San Jose, California 95136
ACTIVE
CONDITION: EXCELLENT
3Beds
4Baths
1,922Sq Ft
0Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$998,000
SUMMARY
This 2020-Built Townhome represents a Strong Value Opportunity, listed at $998,000—positioned well below the $1,170,500 Fair Market Value by 14.7%. This valuation gap offers $172,500 in Instant Equity for the buyer. Featuring an Excellent Condition Rating, the home includes a modern open-concept kitchen, panoramic mountain views, and a side-by-side 2-car garage. Its turnkey status and prime location near transit make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Estimated Market Value
$998,000
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 |
|---|---|---|---|---|---|---|
★ 2992 Lina Street 2 Subject 3 bd · 4 ba · 1,922 sqft · $519 | $998,000* List Price | 3 | 4 | 1,922 | $519 | - |
A 2976 San Jose Vineyard Place 1 Sold 4 bd · 4 ba · 2,024 sqft · $598 · 0.3 mi | $1,210,000 | 4 | 4 | 2,024 | $598 | 0.3 mi |
B 337 Llano De Los Robles Avenue 7 Active 3 bd · 3 ba · 1,813 sqft · $593 · 0.0 mi | $1,075,000 List Price | 3 | 3 | 1,813 | $593 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2020, this property is only 4 years old, placing it well within the 'Excellent' category. The interior features mint-condition modern finishes, including a contemporary kitchen with a large island and granite countertops, updated bathrooms, and high-efficiency systems like a tankless water heater.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction & Layout
Built in 2020, this townhome features a contemporary open-concept design, a desirable first-floor bedroom suite for guests or a home office, and a rare side-by-side two-car garage.
- Scenic Mountain Views
Perched on Communications Hill, the property offers breathtaking panoramic mountain views through floor-to-ceiling windows and a private balcony, significantly enhancing its aesthetic appeal.
- Exceptional Value Proposition
Following a substantial price reduction to $998,000, the home is now priced significantly below its 2021 purchase price of $1,170,500, offering a rare equity opportunity in a prime San Jose location.
CONSRISKS & DEFICIENCIES
- Extended Market Time
With 82 days on the market and multiple price drops, the property may carry a 'stale' listing perception that could lead buyers to question its desirability or market positioning.
- High-Density Environment
As a townhouse in a high-density development, the property involves a $436 monthly HOA fee and lacks the private outdoor yard space typically found in single-family alternatives.
About 2992 Lina Street 2
Huge Price Reduction! Stunning 2020-Built Townhome with Breathtaking Mountain Views! Perched atop scenic Communications Hill, this 3 Bed / 3.5 Bath townhome offers 1,922 sqft of thoughtfully crafted living space. First floor offers bedroom suite with a full bath, ideal for guests/home office/gym. Side-by-side 2-car garage equipped with a tankless water heater & water softener. Main Floor offers open-concept kitchen with a large island, seamlessly connecting to the dining area. Living room with floor-to-ceiling windows capturing mountain views. A private balcony where you can soak in the stunning scenery. Half bath & a separate laundry room, ensuring quiet and comfort in the upper-level bedrooms.Top Floor offers primary suite with an expansive window showcasing panoramic mountain views, plus a walk-in closet. A secondary suite, also featuring its own full bath & walk-in closet, offering ultimate privacy and convenience. Close to 4 parks, scenic walking trails & a playground. Easy access to Hwy 87, 101, 85, VTA & Caltrain, making commuting a breeze. Waterford Plaza just minutes away, grocery stores, banks, coffee shops, restaurants, dental offices, a gym & more for effortless daily errands. Don't miss this rare opportunity!
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2020
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $436.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 4.0 | 3.0 |
| Square foot | 1,922 | 1,448.469 |
| Lot Size | - | 1,326.75 |
| Price | $998.0K | $970.7K |
| Price per sq ft | $519 | $657 |
| Built year | 2020 | 1997 |
| HOA | $436.0 | $424 |
| Days on market | 93 | 43 |
Pricing History
Listed for Sale
Oct 8, 2026
$998,000
$1,148,000
-13% Price Drop
Initial Listing
Price Change
Aug 20, 2026
$1,148,000
$1,198,000
-4% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$1,198,000
Initial Listing
Sold
Jul 28, 2021
$1,170,500
Public Record