
San Jose, California 95112
This Hybrid Investment Opportunity is listed at $1,499,000, positioned above the $1,340,723 Fair Market Value. While priced at a premium, the property features a Condition Rating of 3 and a versatile 400 sq ft detached flex space with plumbing, ideal for an ADU conversion. The park-front location across from Backesto Park provides a unique lifestyle benefit. Despite lower-rated local schools, the property offers significant potential for income generation or multigenerational living. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking urban versatility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 580 N 15th St Subject | $1,499,000* List Price | 3 | 3 | 1,640 | $845 | - |
A 726 Vestal Street Sold | $1,298,500 | 4 | 3 | 1,711 | $759 | 0.5 mi |
B 656 N 16th Street Sold | $1,135,000 | 2 | 2 | 1,578 | $719 | 0.2 mi |
C 563 N 21st Street Sold | $1,290,000 | 3 | 3 | 1,664 | $775 | 0.3 mi |
D 324 N 19th Street Sold | $1,350,000 | 3 | 2 | 1,231 | $1,097 | 0.5 mi |
E 791 N 19th Street Sold | $1,240,000 | 3 | 2 | 1,340 | $925 | 0.4 mi |
F 73 S 15th Street Sold | $1,425,000 | 3 | 2 | 1,840 | $774 | 0.9 mi |
G 884 N 15th Street Sold | $1,150,000 | 3 | 2 | 1,059 | $1,086 | 0.5 mi |
H 345 N 19th Street Pending | $1,399,999 List Price | 4 | 2 | 1,751 | $800 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1932, the property has undergone significant renovations likely within the 5-15 year range. The kitchen and bathrooms feature updated cabinetry and stone countertops, the hardwood floors are well-maintained, and the addition of a finished 400 sq ft flex space with plumbing indicates modern upkeep, making it move-in ready.
Situated directly across from Backesto Park, the property offers immediate access to expansive green space, walking paths, and recreational amenities, providing a rare 'front yard' park experience in an urban setting.
The ~400 sq ft finished detached space with existing plumbing and sewer infrastructure offers significant value-add potential for an ADU conversion, guest house, or high-end home office.
The private outdoor retreat is highly improved with a covered pavilion, bar area, and TV lounge, creating a premium entertainment space that maximizes the usable square footage of the lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1640, other record living area = 1104. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools have relatively low ratings (ranging from 2 to 4), which may be a concern for families prioritizing education and could impact future resale velocity.
Built in 1932, the property may possess aging structural or mechanical systems typical of the era, potentially requiring more intensive maintenance or modernization compared to newer builds.
Rarely available park-front opportunity! Ideally situated directly across from picturesque Backesto Park, this charming residence enjoys beautiful greenbelt views, a mature tree lined street, and immediate access to walking paths, playgrounds, open lawns, and recreational amenities. This highly desirable location places you just minutes from Historic Japantown, one of the only 3 remaining Japantowns in the US. Excellent access to downtown San Jose, San Pedro Square Market, SAP Center, museums, major technology employers, shopping, dining, and entertainment. VTA Light Rail, Caltrain, and Highways 87, 101, 280, and 880 are easily accessible, making commuting throughout Silicon Valley effortless. Enjoy the perfect blend of neighborhood charm, urban convenience, and outdoor recreation right outside your front door. A highly desirable feature, the detached ~400 sq ft finished flex space offers privacy, versatility, multigenerational living and future income potential (buyer to verify).Complete with plumbing and sewer infrastructure, it is perfectly suited for a luxury home office, studio, guest retreat or an ADU conversion (buyer to verify). Complementing the detached flex space is a private outdoor retreat featuring a covered pavilion, ambient lighting, bar area, TV lounge, covered porch and convenient half bath - ideal for California living and entertaining. Welcome home!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,640 | 1,683.5 |
| Lot Size | 4,875 | 6,300 |
| Price | $1.50M | $1.70M |
| Price per sq ft | $914 | $1000 |
| Built year | 1932 | 1966 |
| HOA | $0 | $160 |
| Days on market | 41 | 35 |
Jun 12, 2026
$1,499,000
Initial Listing
Apr 27, 2001
$482,000
Public Record