
San Jose, California 95119
This Income-Producing Property is a High-Potential Investment Opportunity, listed at $1,550,000—positioned well below the $1,599,999 Fair Market Value by 3%. This valuation gap offers $49,999 in Instant Equity. Featuring a fully permitted 600 sq. ft. ADU and a Mint Condition Rating, the property provides immediate rental income potential. Located in a sought-after neighborhood with highly rated schools, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking to offset mortgage costs through multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6887 Rockton Avenue Subject | $1,550,000* List Price | 4 | 3 | 2,001 | $800 | - |
A 6706 San Anselmo Way Active Under Contract | $1,499,998 List Price | 4 | 2 | 1,968 | $762 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1980, the property has undergone recent extensive renovations (<5 years old). It features a fully modernized main kitchen with new stainless steel appliances, brand-new interior and exterior paint, recessed lighting, and updated copper piping, leaving it in mint, move-in ready condition.
The property features a fully permitted 600 sq. ft. ADU with its own address, separate driveway, and private backyard, offering significant rental income potential or multi-generational living flexibility.
Extensive recent upgrades including new interior and exterior paint, copper piping, and new kitchen appliances provide a move-in-ready experience and reduce immediate maintenance costs.
Situated in a highly sought-after neighborhood with top-rated schools and excellent proximity to major Silicon Valley employers, Kaiser, and outdoor recreation like hiking trails.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2001, other record living area = 1401. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
With 38 days on the market and two consecutive price reductions, the property is experiencing a lack of momentum, suggesting the initial pricing exceeded current buyer demand.
The current conversion of the garage into living space eliminates traditional covered parking, which may deter buyers who prioritize vehicle storage despite the seller's offer to restore it.
Discover an outstanding 3 unit Income-Producing Property Featuring a Fully Permitted ADU in one of Santa Teresa's most sought-after neighborhoods with Highly rated schools.The main residence offers 3 bedrooms and 2 bathrooms with approximately 1,401sq.ft of living space with 2 large seperate family room and Living room and dining area.Recent upgrades include brand-new interior and exterior paint, copper piping, new kitchen appliances and recessed lighting throughout.Fully permitted 600 sq. ft.ADU with its own address features 1 big bedroom,1 bathroom, a comfortable living area, kitchen, laundry and a private entrance which has its own seperate driveway & backyard bringing the total living space to 2,001 sqft.Conveniently located just minutes from county Park,Kaiser,shopping, dining,hiking trails,major freeways,silicon Valley's leading employers!This is a rare opportunity for homeowners and investors.Whether you're looking to offset your mortgage,accommodate extended family,or maximize rental income,this versatile,unique property offers endless possibilities.The garage has been converted into additional living space,offering excellent flexibility for extended living or rental income.The seller is willing to restore the space to a traditional garage prior to closing for the buyers.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,001 | 1,706.046 |
| Lot Size | 7,500 | 6,261.966 |
| Price | $1.55M | $1.68M |
| Price per sq ft | $775 | $979 |
| Built year | 1980 | 1965 |
| HOA | $0 | $200 |
| Days on market | 46 | 37 |
Sep 4, 2026
$1,550,000
$1,570,000
-1% Price Drop
Initial Listing
Aug 29, 2026
$1,570,000
$1,599,999
-2% Price Drop
Initial Listing
Jul 25, 2026
$1,599,999
Initial Listing
Mar 5, 2008
$551,000
Public Record
Jan 12, 2007
$695,000
Public Record
Aug 9, 1996
$218,000
Public Record