554 N 21st Street, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
ACTIVE$1,300,000
554 N 21st Street, San Jose, California 95112
3Beds
2Baths
1,547Sqft
8,850Lot
Price Vs. Estimate
The estimated value ($1,295,086.94) is $4,913.06 (0%) lower than the list price ($1,300,000). This property may be overpriced.
Key pros and cons
Top Pros:
ADU Potential: The detached garage has been converted into a 1-bedroom, 1-bathroom ADU living space, offering significant flexibility for rental income, multi-generational living, or a home office.
Top Cons:
Unpermitted ADU Status: The permit status of the converted ADU is unknown and requires buyer verification, which could lead to potential costs or compliance issues.
Compared to the nearby listings
Price:$1.30M vs avg $1.20M (+$100,000)63%
Size:1,547 sqft vs avg 1,430.5 sqft55%
Price/sqft:$840 vs avg $85150%
More Insights
Built in 1986 (39 years old).
Condition: Built in 1986, this property is largely original and shows its age. The kitchen features dated wood cabinets, tiled countertops, and older appliances. Bathrooms have outdated vanities and blue tiled wainscoting. Flooring consists of worn carpets and patterned linoleum, all requiring replacement. While the home appears functional and livable, it has not undergone major renovations, necessitating significant cosmetic and functional updates to meet current standards. The description 'Bring your creativity' further supports the need for substantial work.
Year Built
1986
Close
-
List price
$1.3M
Original List price
$1.3M
Price/Sqft
$840
HOA
-
Days on market
-
Sold On
-
MLS number
ML82014696
Home ConditionFair
Features
Patio
ViewNeighborhood
About this home
Incredible Opportunity in one of San Jose's beautifully established neighborhoods of Empire Gardens. First time on the market! The main home offers 3 bedrooms, 2 full baths in 1547 sq ft +/- living space. Built in 1986, the large eat-in kitchen area is the heart of the home! Separate laundry room. Detached garage has been converted to ADU living space, 1 bedroom, 1 bathroom - permit status unknown (Buyer to verify). Oversized, deep lot of 8,850 sq ft +/- has room for potential expansion (Buyer to verify) or just loads of space for your outside entertainment! Long driveway allows for off-street parking. Bring your creativity and make this wonderful property your own oasis! Walk to schools, shopping. Great commute location, close to freeways and main roads.
Nearby schools
4/10
Empire Gardens Elementary School
Public,•K-5•0.1mi
2/10
Grant Elementary School
Public,•K-5•0.7mi
4/10
Peter Burnett Middle School
Public,•6-8•1.3mi
3/10
San Jose High School
Public,•9-12•0.5mi
Condition Rating
Fair
Built in 1986, this property is largely original and shows its age. The kitchen features dated wood cabinets, tiled countertops, and older appliances. Bathrooms have outdated vanities and blue tiled wainscoting. Flooring consists of worn carpets and patterned linoleum, all requiring replacement. While the home appears functional and livable, it has not undergone major renovations, necessitating significant cosmetic and functional updates to meet current standards. The description 'Bring your creativity' further supports the need for substantial work.
Pros & Cons
Pros
ADU Potential: The detached garage has been converted into a 1-bedroom, 1-bathroom ADU living space, offering significant flexibility for rental income, multi-generational living, or a home office.
Oversized Lot & Expansion Potential: The property boasts an oversized, deep 8,850 sq ft lot, providing ample space for outdoor entertainment and potential future expansion of the main residence (buyer to verify).
Prime Location: Situated in Empire Gardens, one of San Jose's established neighborhoods, offering excellent walkability to schools and shopping, and convenient access to freeways for commuting.
First Time on Market: Being offered for the first time on the market, this property represents a unique opportunity for buyers to acquire a long-held asset in a desirable area.
Ample Off-Street Parking: A long driveway provides generous off-street parking, a valuable amenity in many urban neighborhoods.
Cons
Unpermitted ADU Status: The permit status of the converted ADU is unknown and requires buyer verification, which could lead to potential costs or compliance issues.
Requires Updates/Renovation: The description implies the property needs a buyer's 'creativity' to make it an 'oasis,' suggesting it may require cosmetic or functional updates to modernize it.
Buyer Verification Required: Key features like ADU permit status and expansion potential are explicitly stated as 'Buyer to verify,' placing the burden of due diligence and associated risks on the purchaser.