3108 Santa Margarita Avenue, San Jose, California 95118, San Jose, 95118 - 3 bed, 2 bath
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San Jose, California 95118
This Value-Add Single-Family Asset is listed at $1,388,000, positioned relative to its $1,302,183 Fair Market Value. Carrying a Condition Rating of 5, this 1954 fixer-upper requires a comprehensive interior and infrastructure overhaul but offers significant forced appreciation potential in the high-demand Cambrian area. The 6,000 Sq. Ft. Lot features a unique drive-through garage and covered patio, providing a versatile foundation for expansion or ADU development within the San Jose Unified District. Located near premier retail like Whole Foods and Costco, this is a strategic project for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3108 Santa Margarita Avenue Subject | $1,388,000* List Price | 3 | 2 | 1,214 | $1,073 | - |
A 1556 Santa Monica Avenue Sold | $1,305,000 | 3 | 2 | 1,140 | $1,145 | 0.2 mi |
B 1595 Willowbrook Drive Sold | $1,560,000 | 3 | 2 | 1,415 | $1,102 | 0.6 mi |
C 1528 Willowdale Drive Sold | $1,482,000 | 4 | 2 | 1,233 | $1,202 | 0.4 mi |
D 1202 Foxworthy Avenue Sold | $1,200,000 | 4 | 2 | 1,449 | $828 | 0.8 mi |
E 1594 Hallbrook Drive Sold | $1,345,000 | 4 | 2 | 1,407 | $956 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and explicitly marketed as a fixer-upper, the home retains its original 70-year-old kitchen and bathrooms which require full replacement. The hardwood floors are heavily stained, appliances are missing, and the interior shows significant wear and unfinished maintenance, necessitating a complete rehab.
Situated in the highly desirable Cambrian area, the property offers exceptional convenience with close proximity to major retailers like Costco, Whole Foods, and Trader Joe's, plus easy access to downtown San Jose.
As a fixer-upper with original hardwood floors and a solid layout, this home presents a rare opportunity for investors or end-users to build substantial equity through personalized renovations.
The unique drive-through garage provides convenient backyard access, offering rare flexibility for property expansions, ADU potential, or enhanced outdoor utility on the 6,000 sqft lot.
The property is in fixer-upper condition, requiring a significant additional capital investment to modernize the 1954 infrastructure and interior finishes.
At 1,214 square feet, the home's current footprint is relatively small for the price point, which may necessitate a costly expansion to meet the needs of modern families.
Charming fixer-upper with exceptional potential in the desirable Cambrian area. This property offers a rare opportunity to create your ideal home with vision and updates. The spacious living room features a large picture window that fills the space with natural light, while hardwood floors throughout provide a clean and cohesive foundation for renovation. A covered patio extends the living space outdoors, ideal for future entertaining or relaxation. The drive-through garage provides convenient access to the backyard, offering flexibility for expansion, additional parking, or outdoor enhancements. Well-positioned for convenience, the home is within close proximity to everyday essentials including CVS, Starbucks, and Zanottos, with Costco, Trader Joes, Whole Foods, Safeway, Best Buy, Home Depot, and Target just minutes away. Approximately 15 minutes to downtown San Jose, this location combines neighborhood charm with easy access to shopping, dining, and major amenities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,214 | 1,407 | 21% |
| Lot Size | 6,000 | 6,300 | 34% |
| Price | $1.39M | $1.64M | 19% |
| Price per sq ft | $1.1K | $1.1K | 50% |
| Built year | 1954 | 1962 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 8 | 133 | 2% |
Apr 14, 2026
$1,388,000
Initial Listing