
San Jose, California 95123
This Multi-Residence Duplex presents a Strong Value Opportunity with a List Price of $1,500,000—positioned well below the $1,584,766 Fair Market Value by 5%. This valuation gap offers $84,766 in Instant Equity. Featuring a 9,718 sqft corner lot and 2,414 sqft of living space with a patio, the property has a Condition Rating of 4, requiring modernization to maximize rental yields. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset in a high-demand San Jose location.
Property is moderate renovation needed.
Built in 1969, this duplex shows signs of a mid-life renovation likely 15-20 years ago, including granite countertops, stainless steel appliances, and diagonal tile flooring in the kitchen. However, the property appears dated overall with aging bathroom fixtures, worn flooring, and significant cosmetic clutter. While functional and livable, it requires deep cleaning, fresh paint, and modern updates to the bathrooms and systems to meet current market standards for a 'Good' rating.
As a multi-residence duplex, this property offers a versatile opportunity for rental income or multi-generational living in a high-demand San Jose market.
The generous 9,718-square-foot corner lot provides significant outdoor space, enhanced privacy, and potential for future expansion or landscaping improvements.
With 2,414 square feet of interior space, the property offers a larger-than-average footprint for a duplex, providing comfortable accommodations for multiple occupants.
Built in 1969 and described as 'ready for its next chapter,' the property likely requires significant updates or renovations to meet modern aesthetic and functional standards.
While the property is conveniently located near educational institutions, the assigned elementary and high schools have lower academic ratings, which may affect long-term resale appeal for families.
This inviting corner lot multi-residence offers a fantastic opportunity to live in a well-regarded San Jose community, with convenient access to excellent educational institutions. Students in the area are served by Allen at Steinbeck School, Castillero Middle School, and Gunderson High School, providing a strong foundation for academic success. The neighborhood itself provides a pleasant setting for everyday living, blending residential comfort with proximity to local amenities. This property is ready for its next chapter and presents a wonderful chance to establish roots in a desirable part of the city. Explore the potential of making this house your new home.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-6 • 1.7 mi
Grades K-6 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 2,414 | 2,552 |
| Lot Size | 9,718 | 7,370 |
| Price | $1.50M | $1.54M |
| Price per sq ft | $621 | $655 |
| Built year | 1969 | 1961 |
| HOA | $0 | $0 |
| Days on market | 13 | 50 |
Jul 10, 2026
$1,500,000
Initial Listing
Nov 30, 2017
$1,325,000
Public Record