390 Gridley Court, San Jose, California 95127, San Jose, 95127 - 3 bed, 2 bath
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San Jose, California 95127
This High-Potential Investment Opportunity is listed at a List Price of $1,250,000, positioned slightly above the $1,227,496 Fair Market Value. While not a discount purchase, the property offers significant long-term upside through its 7,614 sqft lot, which provides ample space for an ADU addition. Featuring a Condition Rating of 4, the home is move-in ready but invites cosmetic modernization to maximize value. Its quiet Cul-de-Sac Location and distant mountain views enhance its appeal. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 390 Gridley Court Subject | $1,250,000* List Price | 3 | 2 | 1,492 | $823 | - |
A 2935 Mckee Road Sold | $940,000 | 3 | 1 | 1,380 | $681 | 0.6 mi |
B 77 Sunnyslope Avenue Sold | $1,010,000 | 2 | 1 | 1,368 | $738 | 0.9 mi |
C 4117 Gion Avenue Sold | $1,030,000 | 2 | 1 | 1,152 | $894 | 0.5 mi |
D 138 Mountain View Avenue Sold | $1,300,000 | 3 | 2 | 1,780 | $730 | 0.5 mi |
E 856 Linda Vista Street Sold | $1,150,000 | 3 | 2 | 1,075 | $1,070 | 0.7 mi |
F 693 Bedivere Drive Active | $1,399,000 List Price | 4 | 2 | 1,567 | $893 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this 50+ year old home shows signs of maintenance but remains dated. While it features some upgrades like dual-pane windows and stainless steel appliances, the interior retains older elements such as popcorn ceilings, 12x12 ceramic tile, and likely original cabinets that have been painted. It is move-in ready but requires cosmetic modernization.
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.
The 7,614 sqft lot provides ample space for outdoor entertaining, gardening, or the potential addition of an Accessory Dwelling Unit (ADU), which is highly valued in the San Jose market.
Situated on Gridley Court, the property benefits from a quiet, low-traffic environment that offers enhanced privacy and safety for families.
Built in 1973, the home may require significant capital investment for modernizing systems, energy efficiency, and cosmetic finishes to meet current buyer standards.
Located in the 95127 zip code, the property is served by a school district that typically sees lower ratings compared to adjacent high-demand Silicon Valley neighborhoods.
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.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,492 | 1,683.5 |
| Lot Size | 7,614 | 6,300 |
| Price | $1.25M | $1.70M |
| Price per sq ft | $838 | $1000 |
| Built year | 1973 | 1966 |
| HOA | $0 | $160 |
| Days on market | 9 | 35 |
Jul 13, 2026
$1,250,000
Initial Listing
Sep 13, 1989
$205,000
Public Record