
Santa Clara, California 95051
This Value-Add Silicon Valley Asset represents a Prime Investment Opportunity listed at $1,775,000—positioned well below the $1,811,463 Fair Market Value by 2%. This valuation gap provides $36,463 in Instant Equity for buyers prepared to modernize this 1948 original-owner home. With a Condition Rating of 5, the property offers a substantial 7,500 sqft lot and nearly 2,000 sqft of living space near Apple and Nvidia. This rare blank canvas is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capture forced appreciation in a high-demand tech hub.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3019 Butte Street Subject | $1,775,000* List Price | 4 | 2 | 1,936 | $936 | - |
A 2922 Cabrillo Avenue Sold | $1,690,000 | 3 | 3 | 1,957 | $864 | 0.6 mi |
B 1545 Pomeroy Avenue Sold | $1,600,000 | 3 | 3 | 1,668 | $959 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1948 original-owner home is in a very dated state, requiring substantial rehabilitation to meet modern standards. The interior features original mid-century bathrooms with pink and yellow tiling, wood-paneled walls, and aged carpeting throughout. The kitchen is outdated, and the presence of an exposed water heater in the living area suggests that major systems and the floor plan require significant modernization and repair.
The property is ideally situated near major Silicon Valley employers including Apple, Nvidia, and Intel, ensuring sustained demand and long-term appreciation potential.
Featuring a generous 7,500 sqft lot and nearly 2,000 sqft of living space, this property offers a larger footprint than many comparable homes in the area, providing excellent expansion possibilities.
As an original-owner home on the market for the first time since 1948, it offers a unique opportunity for a custom renovation without the need to undo previous low-quality remodels.
Given its 1948 vintage and original condition, the home likely requires extensive updates to its core systems, energy efficiency, and interior finishes to meet modern standards.
The $1.775M entry price combined with the necessary renovation costs creates a high financial threshold, which may limit the buyer pool to investors or high-liquidity buyers.
First time ever on the market! This original-owner home is ready for its next chapter and offers a rare opportunity to make it your own. Ideally located near Levi's Stadium and within easy reach of major tech hubs including Apple, Nvidia, and Intel. This prime location provides exceptional walking convenience to shopping and restaurants, strong growth potential, in a desirable quiet neighborhood. Bring your vision and be inspired to transform this home into your dream home.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 53% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,936 | 1,572 | 80% |
| Lot Size | 7,500 | 6,000 | 76% |
| Price | $1.77M | $2.15M | 24% |
| Price per sq ft | $917 | $1.4K | 6% |
| Built year | 1948 | 1958 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 107 | 2% |
Apr 8, 2026
$1,775,000
Initial Listing