5703 Playa Del Rey 4, San Jose, California 95123, San Jose, 95123 - 2 bed, 1 bath
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San Jose, California 95123
This Strong Value Opportunity is a 2-bedroom condominium listed at $489,900, positioned well below the $451,349 Fair Market Value by 8%. Featuring a Condition Rating of 3, the unit offers modern updates including vinyl flooring and double-pane windows. While the school district ratings are modest, the property’s proximity to Highways 85, 87, and 101 provides exceptional commuter convenience. This move-in ready asset balances affordability with accessibility, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, well-located San Jose residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5703 Playa Del Rey 4 Subject | $489,900* List Price | 2 | 1 | 798 | $566 | - |
A 5727 Playa Del Rey 3 Sold | $500,000 | 2 | 1 | 903 | $554 | 0.0 mi |
B 792 Warring 3 Sold | $515,000 | 2 | 1 | 903 | $570 | 0.1 mi |
C 5715 Calmor Avenue 3 Sold | $445,000 | 2 | 1 | 903 | $493 | 0.1 mi |
D 5707 Calmor Avenue 3 Sold | $492,000 | 2 | 1 | 903 | $545 | 0.1 mi |
E 5663 Calmor Avenue 3 Sold | $520,000 | 2 | 1 | 903 | $576 | 0.1 mi |
F 763 Warring Drive 3 Sold | $505,000 | 2 | 1 | 903 | $559 | 0.1 mi |
G 5630 Allen Avenue 4 Active | $478,500 List Price | 2 | 1 | 798 | $600 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1970, the unit has undergone significant recent renovations including new vinyl flooring, recessed lighting, and double-pane windows. The kitchen features stainless steel appliances and a modern island hood, though the tile countertops are a slightly older style. It is well-maintained, functional, and move-in ready.
Ideally situated with immediate access to Highways 85, 87, and 101, and within close proximity to Oakridge Mall, Kaiser Hospital, and public transit, offering exceptional convenience.
The unit features contemporary vinyl flooring, double-pane windows, and an open-concept layout, providing a bright, stylish, and move-in-ready environment.
Listed at $489,900—well below its 2023 sale price of $515,500—this property represents a highly competitive entry point into the San Jose real estate market.
The assigned elementary and high schools have lower performance ratings (3/10 and 4/10), which may limit appeal for families and impact long-term appreciation.
With under 800 square feet of living space and a single bathroom, the layout is tight, and the reliance on a wall A/C unit rather than central HVAC is a notable drawback.
Beautiful 2 bedrooms 1 bath updated unit. Upstairs condo ,Bright and open concept floor plan.Double pane windows. wall A/C,Vinyl flooring. Near public transportation, Oakridge mall, Shops,Restaurants ,Park, Schools, and Kaiser Hospital. Close distance to Highways 85, 87, and 101. Great location in the community .
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades 6-8 • 2.3 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 798 | 988 |
| Lot Size | - | 1,550 |
| Price | $489.9K | $671.0K |
| Price per sq ft | $614 | $625 |
| Built year | 1970 | 1985 |
| HOA | $501.0 | $586 |
| Days on market | 30 | 48 |
Jun 23, 2026
$489,900
Initial Listing
Feb 21, 2023
$515,500
Public Record
Jun 15, 2009
$150,500
Public Record
Jun 8, 2005
$345,000
Public Record