
King City, California 93930
This property presents a High-Potential Investment Opportunity with a List Price of $491,000—positioned well below the $442,231 Fair Market Value by -11%. While the current list price exceeds the estimated market value, the home’s Fair Condition Rating and 1,508 square foot layout on a large corner lot provide a clear path for value-add improvements. With original 1980s finishes, this asset is primed for cosmetic modernization to drive long-term appreciation. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 640 Division Street Subject | $491,000* List Price | 3 | 2 | 1,508 | $293 | - |
A 128 Sussex Way Sold | $475,000 | 3 | 2 | 1,138 | $417 | 0.7 mi |
B 609 N Vanderhurst Avenue Sold | $520,000 | 3 | 2 | 1,270 | $409 | 0.8 mi |
C 214 Carlson Street Sold | $495,000 | 3 | 2 | 1,218 | $406 | 0.4 mi |
D 427 Ellis Street Sold | $385,000 | 2 | 1 | 918 | $419 | 0.5 mi |
E 431 Ellis Street Sold | $385,000 | 2 | 1 | 1,032 | $373 | 0.5 mi |
F 404 Ellis Street Sold | $440,000 | 2 | 1 | 1,324 | $332 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is 42 years old (built 1982) with no evidence of major renovations, placing it in the >30y category. Interior images show original 1980s vanities, fixtures, and flooring. The listing description explicitly mentions the need for updating and DIY, and a visible crack is present in the laundry room wall.
The property is ideally situated on a large corner lot with convenient access to downtown King City, schools, shopping, and major freeway routes.
Boasting over 1,500 square feet, the home offers a desirable 3-bedroom, 2-bath configuration with a large living area and a cozy brick fireplace.
As a value-add opportunity, this home allows buyers to build immediate sweat equity through cosmetic updates and DIY improvements.
The home requires interior modernization and aesthetic renovations to reach its full market potential and appeal to contemporary buyers.
Built in 1982, the property likely features original systems and finishes that may lack the energy efficiency and style of newer residential builds.
An exceptional opportunity to acquire a well-built home on a large corner lot in a central location close to shopping, schools, downtown and easy freeway access. With over 1500 square feet, 3 bedrooms, 2 full baths. The kitchen & dining area extend to a large living area with a pretty brick fireplace. Convenient indoor laundry, good -sized Closet & storage spaces. With some updating and a little DIY this home could show exceptional results!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,508 | 1,550 | 46% |
| Lot Size | 5,500 | 5,400 | 51% |
| Price | $491.0K | $553.0K | 17% |
| Price per sq ft | $326 | $381 | 22% |
| Built year | 1982 | 2019 | 20% |
| HOA | $0 | $85 | 29% |
| Days on market | 17 | 183 | 5% |
May 20, 2026
$491,000
Initial Listing