323 Rutland, San Jose, California 95128, San Jose, 95128 - 2 bed, 1 bath
ACTIVE$1,590,000
323 Rutland, San Jose, California 95128
2Beds
1Bath
1,000Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($1,382,677.84) is $207,322.16 (13%) lower than the list price ($1,590,000). This property may be overpriced.
Key pros and cons
Top Pros:
Detached ADU with Income Potential: The property includes a detached 1-bedroom, 1-bath ADU with a separate entrance, address, and gated yard, offering significant rental income potential or flexible multi-generational living.
Top Cons:
Unfinished Basement: The main house includes an unfinished basement, which represents an additional project or unutilized space for the new owner.
Compared to the nearby listings
Price:$1.59M vs avg $1.54M (+$47,500)57%
Size:1,000 sqft vs avg 1,373.5 sqft13%
Price/sqft:$1.6K vs avg $1.1K98%
More Insights
Built in 1910 (115 years old).
Condition: The property, built in 1910, underwent an extensive remodel in 2018, placing it within the 'extensively renovated within 5 to 15 years' category. The main house features updated grey laminate flooring throughout, clean white walls, and functional, albeit basic, light fixtures. The kitchen is move-in ready with white cabinetry, dark countertops, and white appliances (refrigerator, gas range, microwave), which are clean and functional but not high-end or modern stainless steel. The bathroom is also clean and functional with white tile and a basic toilet. While the finishes are not luxurious or cutting-edge, the property is well-maintained, presents as move-in ready, and requires no immediate renovations. The detached ADU also appears to be in good, updated condition, contributing to the overall positive assessment.
Year Built
1910
Close
-
List price
$1.59M
Original List price
$1.59M
Price/Sqft
$1,590
HOA
-
Days on market
-
Sold On
-
MLS number
ML82017608
Home ConditionGood
Features
Patio
View-
About this home
Introducing a charming Burbank neighborhood property home built in 1910, located in the heart of San Jose, and remodeled in 2018 with updates. The main house is a 2/1 with wood floors and the detached ADU is 1/1. The ADU has a separate entrance, address, and gated yard (a bonus for potential rent). The main house has an unfinished basement. The property includes a garage space for one vehicle. Low maintenance yard. Perfect for investment or multigenerational needs. Close to downtown San Jose, SJ Rose Garden, San Jose City College, and first class shopping at Santana Row and Westfield Valley Fair Mall.
Nearby schools
4/10
Merritt Trace Elementary School
Public,•K-5•0.6mi
4/10
Gardner Elementary School
Public,•K-5•1.6mi
4/10
Horace Mann Elementary School
Public,•K-5•2.6mi
4/10
Luther Burbank Elementary School
Public,•K-8•0.1mi
3/10
Herbert Hoover Middle School
Public,•6-8•0.7mi
5/10
Willow Glen Middle School
Public,•6-8•2.7mi
5/10
Abraham Lincoln High School
Public,•9-12•0.5mi
5/10
Del Mar High School
Public,•9-12•1.4mi
6/10
Willow Glen High School
Public,•9-12•2.7mi
Condition Rating
Good
The property, built in 1910, underwent an extensive remodel in 2018, placing it within the 'extensively renovated within 5 to 15 years' category. The main house features updated grey laminate flooring throughout, clean white walls, and functional, albeit basic, light fixtures. The kitchen is move-in ready with white cabinetry, dark countertops, and white appliances (refrigerator, gas range, microwave), which are clean and functional but not high-end or modern stainless steel. The bathroom is also clean and functional with white tile and a basic toilet. While the finishes are not luxurious or cutting-edge, the property is well-maintained, presents as move-in ready, and requires no immediate renovations. The detached ADU also appears to be in good, updated condition, contributing to the overall positive assessment.
Pros & Cons
Pros
Detached ADU with Income Potential: The property includes a detached 1-bedroom, 1-bath ADU with a separate entrance, address, and gated yard, offering significant rental income potential or flexible multi-generational living.
Prime San Jose Location: Located in the heart of San Jose's charming Burbank neighborhood, with excellent proximity to downtown, SJ Rose Garden, San Jose City College, Santana Row, and Westfield Valley Fair Mall.
Recent Modern Updates: Originally built in 1910, the property was remodeled in 2018, blending historic charm with contemporary updates and wood floors in the main house.
Versatile Use: Explicitly marketed as perfect for investment or multi-generational needs, highlighting its adaptability to various buyer requirements.
Low Maintenance Yard: The property features a low-maintenance yard, appealing to buyers seeking convenience and reduced upkeep.
Cons
Unfinished Basement: The main house includes an unfinished basement, which represents an additional project or unutilized space for the new owner.
Overpriced Relative to Market Estimate: The current listing price of $1.59M is significantly higher (-14%) than the estimated property value of $1.358M, potentially impacting buyer interest and negotiation.
Compact Main House Footprint: The main house offers 1000 sqft for a 2-bedroom, 1-bath configuration, which may be considered compact for some buyers.