
San Jose, California 95116
This duplex represents a High-Potential Investment Opportunity, listed at a List Price of $1,199,888—positioned above the $1,142,198 Fair Market Value. While the property currently lacks instant equity, its Condition Rating of 4 and existing month-to-month tenancies provide a stable foundation for a value-add strategy. The 1,488 sqft layout and proximity to San José State University ensure consistent rental demand. This asset is ideal for Buy-and-Hold Investors or Owner-Occupants looking to leverage house hacking to offset mortgage costs through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 632 Gittle Court Subject 0 bd · 0 ba · 1,488 sqft · $768 | $1,199,888* List Price | 0 | 0 | 1,488 | $768 | - |
A 2439 Clyda Drive Active 0 bd · 0 ba · 1,400 sqft · $677 · 0.1 mi | $948,000 List Price | 0 | 0 | 1,400 | $677 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, this duplex is functional and tenant-occupied but clearly dated. While there are cosmetic updates like newer laminate flooring, the kitchens feature older cabinetry and basic appliances, and the bathrooms are dated. The presence of original-style wall heaters and window AC units indicates older mechanical systems, and the listing explicitly highlights renovation and value-add potential.
The duplex features two 2-bedroom units currently occupied on month-to-month leases, providing instant cash flow and flexibility for future rent adjustments or owner-occupancy.
Situated less than 10 minutes from San José State University and close to Downtown San Jose, the property is ideally positioned to attract a steady pool of student and professional tenants.
With conceptual renderings already suggesting modernization, this property offers significant upside for investors looking to renovate and increase equity or rental yields in a high-demand market.
Built in 1960, the property may require substantial capital expenditure for modernizing systems and finishes to meet current market standards and maximize its potential.
Being fully tenant-occupied, any plans for house hacking or major renovations must navigate existing tenant rights and local San Jose housing regulations, which could delay project timelines.
INVEST, HOUSE HACK, OR RENOVATE! Discover the potential of this income-generating duplex in San Jose! Featuring two 2-bedroom, 1-bathroom units, both currently tenant-occupied on month-to-month leases, this property offers immediate rental income and exciting value-add potential. Whether you're expanding your portfolio, considering house hacking, or envisioning a renovation, the possibilities are yours to explore. Conveniently located near Downtown San Jose and less than a 10-minute drive from San José State University, with easy access to dining, shopping, and commuter routes. Conceptual renderings showcase how thoughtful upgrades could transform this property and unlock its potential! Renderings are conceptual. House hacking is subject to existing tenant rights and applicable laws.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 1,488 | 2,404.563 |
| Lot Size | 5,664 | 6,807.656 |
| Price | $1.20M | $1.42M |
| Price per sq ft | $806 | $613 |
| Built year | 1960 | 1962 |
| HOA | $0 | $0 |
| Days on market | 25 | 72 |
Sep 29, 2026
$1,199,888
Initial Listing
May 4, 2023
$925,000
Public Record
Apr 9, 2018
$290,090
Public Record
Dec 18, 2014
$187,500
Public Record
Aug 1, 2011
$325,000
Public Record
Aug 30, 2005
$19,000
Public Record