5733 Preston Drive, San Jose, California 95124, San Jose, 95124 - 0 bed, 0 bath
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San Jose, California 95124
This Residential Income Duplex is a strategic Value-Add Asset listed at $1,500,000, positioned near its $1,466,377 Fair Market Value. Currently holding a Condition Rating of 5 with significant deferred maintenance, the property offers substantial upside for forced appreciation through a full modernization. The asset features a versatile 3-bedroom and 2-bedroom unit mix with a private patio in the desirable Cambrian area, served by Top-Rated Schools including Union Middle (9/10) and Guadalupe Elementary (8/10). This is an ideal acquisition for Value-Add Specialists or Contractors seeking to build equity in a high-demand San Jose submarket.
Property is extensive renovation needed.
Built in 1971 and in predominantly original condition with significant deferred maintenance. The listing explicitly identifies this as a contractor/investor opportunity, and visual evidence shows damaged flooring and dated systems that require a full rehab.
Middle School: Union Middle School (9/10).
Situated in the highly desirable Cambrian area, the property is served by exceptional schools including Union Middle (9/10) and Guadalupe Elementary (8/10), ensuring strong long-term property value and high tenant demand.
This duplex offers a versatile layout with a 2-bedroom unit and a larger 3-bedroom, 2-bathroom unit featuring a fireplace and two-car garage, providing excellent options for owner-occupants or premium rental income.
The property is being sold in 'as-is' condition with visible deferred maintenance, necessitating a significant upfront capital investment for repairs and system updates.
Located on the corner of Camden Avenue, a major thoroughfare, the property is subject to higher levels of ambient traffic noise, which may impact residential tranquility.
Contractor / Investor Opportunity California Ranch-style duplex located in the desirable Cambrian area of San Jose. Situated on the corner of a quiet residential street and Camden Avenue, the property offers convenient access to Cambrian Park Plaza, nearby shopping, dining, and major commute routes including Highway 85. 5733 Preston Drive features a 2-bedroom, 1-bath layout with an open living area, eat-in kitchen, and attached one-car garage. 5735 Preston Drive offers a 3-bedroom, 2-bath floor plan with ground-level living areas, a separate rear entry, a two-car garage, and a fireplace. The property appears to be in predominantly original condition, with deferred maintenance evident, and may benefit from updating and modernization, presenting an opportunity to improve and personalize the space. Property to be sold AS-IS. Buyer to verify all information, including condition, square footage, permits, usage, and zoning, to their satisfaction with the City of San Jose and appropriate professionals.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 0.6 mi
Grades 6-8 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,654 | 2,429.5 | 50% |
| Lot Size | 7,080 | 7,740 | 50% |
| Price | $1.50M | $1.52M | 50% |
| Price per sq ft | $565 | $632 | 50% |
| Built year | 1971 | 1969 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 62 | 50% |
Apr 28, 2026
$1,500,000
Initial Listing