
San Jose, California 95116
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $515,000—positioned slightly above the $500,565 Fair Market Value. While the price reflects a premium, the property features a Condition Rating of 3, showcasing recent upgrades like new flooring and black stainless steel appliances. With two dedicated carport spaces and a community pool, this unit offers a low-maintenance lifestyle near major transit hubs. It is an ideal acquisition for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset in a commuter-friendly San Jose location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5 Monte Verano Court Subject | $515,000* List Price | 2 | 2 | 902 | $555 | - |
A 146 Damsen Drive Sold | $475,000 | 2 | 2 | 974 | $488 | 0.3 mi |
B 2177 Alum Rock Avenue 129 Sold | $575,000 | 2 | 2 | 996 | $577 | 0.4 mi |
C 2177 Alum Rock Avenue 128 Sold | $579,888 | 2 | 2 | 1,077 | $538 | 0.4 mi |
D 2177 Alum Rock 134 Sold | $588,888 | 2 | 2 | 996 | $591 | 0.4 mi |
E 15 Monte Verano Court Active | $370,000 List Price | 1 | 1 | 597 | $620 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1988 (36 years old), it has undergone significant recent cosmetic renovations including fresh paint, new baseboards, new carpet, and luxury vinyl plank flooring. The kitchen is updated with brand-new black stainless steel appliances. It is move-in ready and well-maintained, exceeding the 'Fair' criteria which implies a need for repairs.
The unit is move-in ready featuring fresh interior paint, new carpeting, luxury vinyl plank flooring, and updated black stainless steel appliances, minimizing immediate renovation costs for the buyer.
This property includes two dedicated carport parking spaces, a rare and highly valuable asset in high-density San Jose condominium communities that enhances daily convenience.
Ideally situated with easy access to Highway 680, VTA Light Rail, and the new BART station, providing an efficient commute to major Silicon Valley employers and regional transit.
The monthly association fee of $532 represents a significant recurring carrying cost that may impact the purchasing power of first-time buyers or the net yield for investors.
The assigned public schools for this address currently hold lower performance ratings (4/10), which may limit the property's appeal to families prioritizing top-tier educational districts.
Welcome to this move-in ready 2-bedroom, 2-bath condominium in the desirable Monte Verano community of San Jose's Alum Rock neighborhood. Offering approximately 902 square feet of living space, this first-floor corner unit combines comfort, convenience, and recent updates throughout. Freshly painted and thoughtfully refreshed, the home features new baseboards, brand-new carpet, and new luxury vinyl plank flooring in one of the bedrooms. The kitchen is equipped with black stainless steel appliances, including a brand-new stove and microwave, providing a modern touch and everyday functionality. The well-designed floor plan offers two spacious bedrooms, two full bathrooms, and a private balcony with an attached storage closet. Two dedicated carport parking spaces provide added convenience, a valuable feature rarely found in many condominium communities. Residents enjoy the benefits of gated access, a community pool, fitness center, and well-maintained grounds. Conveniently located near Highway 680, VTA Light Rail, and the new BART station, this home offers easy access to shopping, dining, and major Silicon Valley employers. Whether you're a first-time buyer, downsizing, or seeking an investment opportunity, this updated home is ready for its next owner.
No exterior & parking available.
Grades 3-5 • 0.6 mi
Grades K-5 • 0.6 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 902 | 988 |
| Lot Size | 1,810 | 1,550 |
| Price | $515.0K | $671.0K |
| Price per sq ft | $571 | $625 |
| Built year | 1988 | 1985 |
| HOA | $532.0 | $586 |
| Days on market | 28 | 48 |
Jun 24, 2026
$515,000
Initial Listing