
San Jose, California 95118
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $599,888—positioned well below the $623,311 Fair Market Value by 3%. This valuation gap offers $23,423 in Instant Equity for the buyer. Featuring a Mint Condition Rating following a 2022 remodel, the unit includes modern recessed lighting, a private balcony, and EV-ready infrastructure. Its walkability to Almaden Plaza and Whole Foods ensures high rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5547 Russo Dr Subject 2 bd · 2 ba · 1,020 sqft · $611 | $599,888* List Price | 2 | 2 | 1,020 | $611 | - |
A 4735 Capay Drive 1 Sold 2 bd · 1 ba · 810 sqft · $686 · 0.7 mi | $555,500 | 2 | 1 | 810 | $686 | 0.7 mi |
B 1330 Joplin Drive 1 Sold 2 bd · 1 ba · 810 sqft · $636 · 0.7 mi | $515,000 | 2 | 1 | 810 | $636 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1982, the property underwent a comprehensive remodel in 2022 (less than 5 years ago). It features new flooring, fully updated bathrooms, and modern recessed lighting, meeting the criteria for mint condition with no immediate maintenance required.
The property is exceptionally located within walking distance to Almaden Plaza, Whole Foods, and Almaden Lake, offering residents unparalleled convenience and access to major retail and recreation.
Extensively remodeled in 2022, the unit features new flooring, updated bathrooms, and recessed lighting, and is uniquely hardwired for electric vehicle charging.
The inclusion of a detached one-car garage plus an additional assigned open parking space provides significant value and utility compared to standard condominium offerings.
Being a second-floor unit, the property may be less desirable for buyers with mobility concerns or those who prefer the convenience of a ground-level entrance.
Built in 1982, the complex's overall infrastructure is over 40 years old, which may necessitate future HOA assessments for exterior maintenance or common area upgrades.
Beautifully updated second-floor condo featuring two bedrooms and two bathrooms, complete with upgraded recessed adjustable lighting. Recently remodeled in 2022, it offers new flooring and a fully updated bathroom. Hardwired and ready to install electric vehicle charging and additional storage space. Step outside to enjoy your private balcony. The unit includes a laundry area, providing easy access to highways 85, 87, 17, and 101, as well as the Almaden Expressway and many major shopping centers. You can walk to Almaden Plaza, Almaden Lake, and Pioneer High School. The condo comes with a detached 1-car garage for storage or parking, and there is one assigned open parking space. This well-maintained unit boasts a spacious layout and is conveniently located within walking distance of Costco and Whole Foods. Foods, Trader Joe's, Starbucks, and various other stores. It's a cozy place you will love to call home!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,020 | 1,090.036 |
| Lot Size | 1,803 | 1,343.164 |
| Price | $599.9K | $635.7K |
| Price per sq ft | $588 | $614 |
| Built year | 1982 | 1988 |
| HOA | $415.0 | $602 |
| Days on market | 23 | 58 |
Oct 1, 2026
$599,888
Initial Listing
Aug 5, 2022
$715,000
Public Record
Feb 22, 2013
$338,000
Public Record
Jun 10, 2005
$390,000
Public Record
Jun 28, 2002
$302,500
Public Record
Nov 5, 1999
$215,000
Public Record