526 Leigh Avenue, San Jose, California 95128, San Jose, 95128 - 2 bed, 1 bath
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526 Leigh Avenue
San Jose, California 95128
ACTIVE UNDER CONTRACT
CONDITION: FAIR
2Beds
1Baths
1,022Sq Ft
6,344Lot Size
Property Price
LIST PRICE$998,000
EST. MARKET VALUE
$1,079,049
7% BelowMARKET VALUE
SUMMARY
This Single Family Residence presents a Strong Value Opportunity, listed at $998,000—positioned well below the $1,079,049 Fair Market Value by 7%. This valuation gap offers $81,049 in Instant Equity for the buyer. Featuring a Condition Rating of 4, the home includes a permitted 300 Sq Ft workshop and a private patio, offering significant flexibility for an ADU conversion. Ideally located near Santana Row, this property is a prime choice for Buy-and-Hold Investors or first-time buyers seeking long-term appreciation.
Estimated Market Value
$1,079,049+$81,049 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 |
|---|---|---|---|---|---|---|
★ 526 Leigh Avenue Subject | $998,000* List Price | 2 | 1 | 1,022 | $1,056 | - |
A 975 Princess Anne Drive Sold | $1,200,000 | 3 | 1 | 1,038 | $1,156 | 0.8 mi |
B 425 Rutland Avenue Sold | $1,035,000 | 2 | 1 | 952 | $1,087 | 0.2 mi |
C 545 Bradley Avenue Active | $1,179,000 List Price | 2 | 1 | 1,179 | $1,000 | 0.6 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 1950, the home is well-maintained with recent cosmetic updates like fresh paint and new carpet. However, the kitchen and bathroom are dated with 20+ year old cabinetry, older white appliances, and vintage tiling. While functional and featuring central A/C, the primary systems and finishes exceed the 20-year threshold for a 'Good' rating and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Versatile Permitted Workshop
The property features a permitted 300 sq. ft. workshop, providing rare flexibility for a home office, fitness studio, or potential ADU conversion to increase property value.
- Prime Silicon Valley Location
Ideally situated near Santana Row and Westfield Valley Fair, the home offers residents world-class shopping, dining, and entertainment with convenient access to major commute corridors.
- Move-In Ready Condition
Recent updates including fresh interior paint, new carpeting, and the addition of Central A/C ensure a comfortable and immediate transition for the new owner.
CONSRISKS & DEFICIENCIES
- Limited Bed and Bath Count
With only two bedrooms and a single bathroom, the property's configuration may limit its appeal to larger families or buyers seeking more private living space.
- Modest School Ratings
The assigned public schools carry average ratings ranging from 3 to 5, which may be a drawback for education-focused buyers compared to neighboring districts.
About 526 Leigh Avenue
Welcome to this charming home nestled in a desirable neighborhood. Thoughtfully maintained, this inviting home features a cozy family room that provides the perfect space to relax or gather with friends and family. The spacious kitchen offers a comfortable dining area ideal for everyday meals and entertaining. Additionally, there is new carpet, fresh interior paint and Central A/C. Step outside to an oversized, low-maintenance backyard designed for effortless outdoor living, with plenty of room for barbecues, gatherings or gardening. A standout feature is the permitted approximately 300 Sq Ft workshop, offering incredible flexibility as a home office, fitness studio, creative space, or potential ADU conversion (buyer to verify). Centrally located with convenient access to major transportation routes, this home is also just minutes from Santana Row, Westfield Valley Fair, top dining, shopping, and entertainment. This is a wonderful opportunity that will not last long!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 6,344 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Merritt Trace Elementary School
Grades K-5 • 0.8 mi
4/10
Gardner Elementary School
Grades K-5 • 1.5 mi
4/10
Horace Mann Elementary School
Grades K-5 • 2.6 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,022 | 1,706.046 |
| Lot Size | 6,344 | 6,261.966 |
| Price | $998.0K | $1.68M |
| Price per sq ft | $977 | $979 |
| Built year | 1950 | 1965 |
| HOA | $0 | $200 |
| Days on market | 35 | 37 |
Pricing History
Listed for Sale
Aug 5, 2026
$998,000
Initial Listing