
San Jose, California 95127
This Hybrid Residential Asset represents a High-Potential Investment Opportunity, listed at $1,300,000—positioned above the $1,244,821 Fair Market Value. While priced at a premium, the property’s Condition Rating of 4 and massive 9,000 sqft lot offer significant upside through ADU development or footprint expansion. Featuring refinished hardwood floors and scenic foothill views, the home balances immediate move-in readiness with long-term value-add potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants looking to leverage land utility in a prime San Jose location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 765 Tallent Avenue Subject | $1,300,000* List Price | 3 | 2 | 1,245 | $1,000 | - |
A 15001 Ridgetop Drive Sold | $1,350,000 | 3 | 2 | 1,176 | $1,148 | 0.3 mi |
B 4178 Holly Drive Active | $1,199,000 List Price | 3 | 2 | 1,545 | $776 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1950, the property has received recent cosmetic updates including paint and refinished floors. However, the kitchen remains dated with older white appliances and painted cabinetry, and the presence of wall heaters and window AC units indicates that the primary systems (HVAC) are not modernized. It is move-in ready but requires significant updates to systems and wet areas to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9000, living area = 1245.
The expansive 9,000 sqft lot and oversized detached rear garage provide an exceptional opportunity for an ADU conversion, workshop, or home expansion to maximize property value.
Fresh interior and exterior paint, refinished hardwood floors, and new stylish light fixtures ensure the home is move-in ready while maintaining its mid-century charm.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1245, other record living area = 1134.
Built in 1950, the property may have aging underlying systems such as plumbing or electrical that could require future investment beyond the recent cosmetic updates.
With only 1,245 square feet of living space, the interior may feel small for the $1.3M price point, potentially requiring a footprint expansion to accommodate larger families.
Big lot. Big possibilities. Welcome to a property where function and comfort meets room to dream, create, and grow. Freshly updated with new interior and exterior paint, refinished hardwood floors, and stylish new light fixtures, this inviting home is move-in ready while offering incredible potential for the future. A welcoming front porch, mature palm tree, blooming hydrangeas, and refreshed landscaping create standout curb appeal from the moment you arrive. The expansive lot is the true highlight. The oversized detached rear garage provides an excellent starting point for a future ADU, studio, workshop, or other creative use (buyer to verify). With abundant outdoor space, there's room to design a private yard for a secondary dwelling, expand the home, create gardens, entertaining areas, or bring your own vision to life. Set at the base of the scenic foothills, you'll enjoy peaceful views and convenient access to the walking and biking trails along Penitencia Creek, as well as the natural beauty of Alum Rock Park. This is a rare opportunity to own single family home on a generously sized lot in a location that blends nature, convenience, and endless potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,245 | 1,683.5 |
| Lot Size | 9,000 | 6,300 |
| Price | $1.30M | $1.70M |
| Price per sq ft | $1.0K | $1000 |
| Built year | 1950 | 1966 |
| HOA | $0 | $160 |
| Days on market | 3 | 35 |
Jul 21, 2026
$1,300,000
Initial Listing