4178 Holly Drive, California, San Jose, 95127 - 3 bed, 2 bath
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California
This Value-Add Residential Asset is listed at $1,199,000, positioned to reflect the high land value of the area relative to its $1,059,584 Fair Market Value. Currently holding a Poor Condition Rating, the 1956 home requires a comprehensive rehabilitation to modernize its systems and interior. The primary value is found in the expansive 8,415 sqft lot and functional 1,545 sqft layout, which offer significant ADU potential and expansion opportunities. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors looking to capitalize on forced appreciation in a prime San Jose corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4178 Holly Drive Subject | $1,199,000* List Price | 3 | 2 | 1,545 | $686 | - |
A 4135 Golf Drive Pending | $1,239,000 List Price | 3 | 2 | 2,039 | $608 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1956, making it 68 years old. The description states, 'Property being prepped for Listing. DO NOT SHOW.' This strongly suggests the property is not in a showable or move-in ready condition, implying significant work is needed. Without any interior images or details about recent renovations, it's highly probable that the kitchen, bathrooms, and major systems are original or severely outdated, requiring substantial rehabilitation to meet modern standards and comfort. While the exterior appears maintained, the lack of interior information and the 'DO NOT SHOW' status indicate that the property likely requires substantial repairs and rehabilitation, aligning with the 'Poor' condition criteria.
Situated in San Jose, a highly sought-after Silicon Valley city with strong market demand.
An 8,415 sqft lot offers ample outdoor space and potential for expansion, landscaping, or accessory dwelling units (ADU).
Features 3 bedrooms and 2 bathrooms, a popular and practical configuration appealing to a broad range of buyers, especially families.
Listed since April 2022, indicating a prolonged market presence which may raise buyer concerns regarding pricing, condition, or other underlying issues.
The description 'Property being prepped for Listing. DO NOT SHOW.' suggests it is not ready for immediate viewing and may require significant work or preparation before it can be properly marketed.
Built in 1956, the home is older and likely requires updates to systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern buyer expectations and compete effectively.
Property being prepped for Listing. DO NOT SHOW.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,545 | 1,269 | 71% |
| Lot Size | 8,415 | 7,105 | 77% |
| Price | $1.20M | $1.04M | 65% |
| Price per sq ft | $776 | $776 | 50% |
| Built year | 1956 | 1954 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 1456 | 150 | 0% |
Apr 27, 2022
$1,199,000
Initial Listing