390 Gridley Court, San Jose, California 95127, San Jose, 95127 - 3 bed, 2 bath
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390 Gridley Court
San Jose, California 95127
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,492Sq Ft
7,614Lot Size
Property Price
LIST PRICE$1,199,900
EST. MARKET VALUE
$1,153,765
3% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,250,000—positioned above the $1,205,588 Fair Market Value. While the home carries a Condition Rating of 4, its 7,614 sqft lot provides significant value-add potential for an ADU or expansion. The Quiet Cul-de-sac Location offers a peaceful environment, though the aging infrastructure requires modernization to maximize long-term returns. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to renovate and build equity in a high-demand San Jose neighborhood.
Estimated Market Value
$1,153,765
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 |
|---|---|---|---|---|---|---|
★ 390 Gridley Court Subject | $1,199,900* List Price | 3 | 2 | 1,492 | $773 | - |
A 2935 Mckee Road Sold | $940,000 | 3 | 1 | 1,380 | $681 | 0.6 mi |
B 4117 Gion Avenue Sold | $1,030,000 | 2 | 1 | 1,152 | $894 | 0.5 mi |
C 138 Mountain View Avenue Sold | $1,300,000 | 3 | 2 | 1,780 | $730 | 0.5 mi |
D 198 S Cragmont Ave Sold | $850,000 | 3 | 2 | 1,056 | $805 | 1.0 mi |
E 693 Bedivere Drive Active | $1,298,000 List Price | 4 | 2 | 1,567 | $828 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1973, the home is over 50 years old and shows dated interior elements such as popcorn ceilings and older cabinetry. While it features some updates like dual-pane windows and a modern refrigerator, the overall aesthetic and core systems likely exceed the 20-year mark for a full renovation, requiring cosmetic and functional modernization.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7614, living area = 1492.
- Quiet Cul-de-sac Location
Situated on Gridley Court, the property benefits from minimal through-traffic, offering a safer and more peaceful environment for families.
- Generous Lot Size
The 7,614 square foot lot is larger than many standard suburban parcels in the area, providing significant potential for an ADU, gardening, or outdoor entertaining.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1973, the home may require updates to major systems such as HVAC, roofing, or plumbing to meet modern efficiency and safety standards.
- Undefined School District Data
The listing lacks specific high school district information, which may require additional due diligence for buyers prioritizing specific educational rankings.
About 390 Gridley Court
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1973
- Lot Size
- 7,614 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,492 | 1,706.046 |
| Lot Size | 7,614 | 6,261.966 |
| Price | $1.20M | $1.68M |
| Price per sq ft | $804 | $979 |
| Built year | 1973 | 1965 |
| HOA | $0 | $200 |
| Days on market | 58 | 37 |
Pricing History
Listed for Sale
Aug 9, 2026
$1,199,900
$1,250,000
-4% Price Drop
Initial Listing
Price Change
Jul 13, 2026
$1,250,000
Initial Listing
Sold
Sep 13, 1989
$205,000
Public Record