3843 Marfrance Drive, San Jose, California 95121, San Jose, 95121 - 2 bed, 2 bath
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3843 Marfrance Drive
San Jose, California 95121
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,196Sq Ft
3,800Lot Size
Property Price
LIST PRICE$898,000
EST. MARKET VALUE
$963,937
6% BelowMARKET VALUE
SUMMARY
This property represents a Strong Value Opportunity, listed at $898,000—positioned well below the $963,938 Fair Market Value by 6%. This valuation gap offers $65,938 in Instant Equity. Featuring a Condition Rating of 3, the home includes a new backyard patio and modern kitchen updates. The unpermitted garage conversion provides significant income potential, making this an ideal asset for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through rental income in a convenient San Jose location.
Estimated Market Value
$963,937+$65,937 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 3843 Marfrance Drive Subject 2 bd · 2 ba · 1,196 sqft · $806 | $898,000* List Price | 2 | 2 | 1,196 | $806 | - |
A 1179 Beaconsfield Pending 3 bd · 3 ba · 1,196 sqft · $743 · 0.1 mi | $888,888 List Price | 3 | 3 | 1,196 | $743 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1975 but shows evidence of recent maintenance and updates including a repainted exterior, new backyard patio, and a kitchen with modern appliances. The interior features updated flooring and the home is move-in ready, though the unpermitted garage conversion is a factor to monitor.
PROSSTRENGTHS & OPPORTUNITIES
- Income Potential
The garage has been converted into a separate 1-bedroom, 1-bathroom unit with its own entrance, offering significant potential for rental income or multi-generational living.
- Enhanced Curb Appeal
The property features a recently repainted exterior, a private fenced front yard, and a new backyard patio, providing an inviting and low-maintenance outdoor living space.
- Strategic Location
Situated in an established San Jose neighborhood, the home offers convenient access to major commute routes and is within walking distance to a highly-rated elementary school.
CONSRISKS & DEFICIENCIES
- Unverified Conversion Permits
The permit status of the garage conversion is unknown, which may present challenges for financing, insurance, and future compliance with local building codes.
- Mixed School District Ratings
While the elementary school is well-rated, the assigned middle and high schools have lower performance scores, which could be a concern for families with older children.
About 3843 Marfrance Drive
Welcome to this property with 2-bedrooms and 2-bathrooms home in San Jose! The comfortable & functional layout for the property with 1,196 square feet of living space. The well-appointed kitchen is equipped with modern appliances and ample cabinetry, making it ideal for everyday cooking. The separate family room provides a cozy space to relax, complemented by a generously sized dining area. The exterior has been recently repainted, adding to the homes curb appeal. Enjoy the fully fenced, private front yard and new backyard patio, perfect for relaxing and gathering with family and friends. The low-maintenance yard allows you to spend more time enjoying outside. The garage has been converted into an additional living space, including a 1-bedroom, 1-bathroom unit with a separate entrance, offering potential rental income. The permit status of the conversion is unknown, and the additional unit is not included in the stated living area. Located within the established San Jose Elementary School District, this home is conveniently close to local parks and major commute routes. Please don't miss it!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1975
- Lot Size
- 3,800 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Ramblewood Elementary School
Grades K-6 • 0.3 mi
7/10
Sylvandale Middle School
Grades 7-8 • 0.6 mi
3/10
Andrew P. Hill High School
Grades 9-12 • 0.8 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,196 | 1,721.238 |
| Lot Size | 3,800 | 6,271.145 |
| Price | $898.0K | $1.67M |
| Price per sq ft | $751 | $972 |
| Built year | 1975 | 1965 |
| HOA | $0 | $190 |
| Days on market | 2 | 38 |
Pricing History
Listed for Sale
Oct 22, 2026
$898,000
Initial Listing
Sold
Feb 14, 2023
$1,050,000
Public Record
Sold
Apr 14, 2021
$825,000
Public Record
Sold
Jun 6, 2019
$650,000
Public Record
Sold
Jul 31, 2008
$360,000
Public Record