
San Jose, California 95123
This Value-Add Residential Asset is listed at $1,250,000, representing a stable entry point at its $1,250,000 Fair Market Value. Featuring a practical 4-bedroom configuration on a 6,240 sqft lot, the property holds a Fair Condition Rating, indicating significant upside potential through the modernization of its 1968 systems and aesthetics. Located in a high-demand pocket near the 8-rated Santa Teresa High School and Oak Ridge Elementary, the property benefits from strong area comps and consistent appreciation. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a project with long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 358 Conestoga Way Subject | $1,250,000* List Price | 4 | 2 | 1,688 | $741 | - |
A 206 Blossom Hill Road Sold | $1,280,000 | 3 | 3 | 1,546 | $828 | 0.9 mi |
B 6239 Mahan Drive Sold | $1,580,000 | 4 | 2 | 1,817 | $870 | 0.4 mi |
C 5991 Sorrel Avenue Sold | $1,505,555 | 5 | 2 | 1,952 | $771 | 0.4 mi |
D 579 Suisse Drive Sold | $1,225,000 | 3 | 2 | 1,649 | $743 | 0.6 mi |
E 5705 Venado Court Sold | $1,100,000 | 3 | 2 | 1,203 | $914 | 0.9 mi |
F 405 Arabian Street Pending | $1,399,000 List Price | 3 | 2 | 1,649 | $848 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this property is over 50 years old. While the exterior appears maintained with a seemingly newer roof, the overall age suggests that major systems (plumbing, electrical, HVAC) and aesthetics, particularly in the kitchen and bathrooms, are likely outdated and would benefit from significant renovation. No interior images were provided to assess the condition of these key areas, but given the build year and typical lifespan of components, it's reasonable to assume they are functional but show signs of being outdated, requiring minor to moderate updates to meet current standards and buyer expectations. The property analysis also notes 'potential for updates,' which aligns with a 'Fair' condition.
Situated in San Jose, California, a highly desirable and competitive real estate market known for its strong appreciation and economic opportunities.
The property offers a practical 4-bedroom, 2-bathroom layout, appealing to families seeking ample living space.
With a 6240 sqft lot, the property provides significant outdoor space for recreation, landscaping, or potential expansion.
Built in 1968, the home is over 50 years old, which may imply the need for significant updates to systems (plumbing, electrical, HVAC) or aesthetics, if not already completed.
The list price of $1.25 million represents a substantial investment, which could limit the pool of potential buyers despite the desirable location.
The listed 'on_market_date' of 2025-11-06 is a future date, which is a data anomaly that could cause confusion or indicate a pre-listing status rather than an active listing.
Exceptional opportunity in San Jose. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.5 mi
Grades K-6 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,688 | 1,649 | 51% |
| Lot Size | 6,240 | 6,120 | 62% |
| Price | $1.25M | $1.55M | 18% |
| Price per sq ft | $741 | $924 | 16% |
| Built year | 1968 | 1968 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 167 | 103 | 66% |
Nov 6, 2025
$1,250,000
Initial Listing
Dec 14, 2006
$373,500
Public Record
Apr 10, 1997
$232,500
Public Record