800 S Abel Street 210, Milpitas, California 95035, Milpitas, 95035 - 1 bed, 1 bath
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800 S Abel Street 210
Milpitas, California 95035
ACTIVE
CONDITION: EXCELLENT
1Beds
1Baths
932Sq Ft
0Lot Size
Property Price
LIST PRICE$425,000
EST. MARKET VALUE
$464,427
8% BelowMARKET VALUE
SUMMARY
This 1-bedroom condominium is a Strong Value Opportunity, listed at $425,000—positioned well below the $464,427 Fair Market Value by 8%. This valuation gap offers $39,427 in Instant Equity for qualified buyers. The unit features a Mint Condition Rating with modern kitchen and bath renovations, plus a private deck. While subject to BMR resale restrictions, it provides a rare, high-value entry point into the Silicon Valley market. This is an ideal acquisition for first-time buyers or income-eligible owner-occupants.
Estimated Market Value
$464,427+$39,427 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Milpitas.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 800 S Abel Street 210 Subject 1 bd · 1 ba · 932 sqft · $498 | $425,000* List Price | 1 | 1 | 932 | $498 | - |
A 45 Parc Pl Sold 2 bd · 3 ba · 1,192 sqft · $398 · 0.2 mi | $475,000 | 2 | 3 | 1,192 | $398 | 0.2 mi |
B 1101 S Main Street 212 Active 2 bd · 2 ba · 1,015 sqft · $500 · 0.4 mi | $507,604 List Price | 2 | 2 | 1,015 | $500 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Although built in 2007 (17 years old), the property features recent renovations (<5 years) including a fully modernized bathroom with a double vanity and black fixtures, and an updated kitchen with two-tone cabinetry and stainless steel appliances. The unit is in mint condition and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Exceptional Affordability
Offered at $425,000 through the BMR program, this property provides a rare, high-value entry point into the Silicon Valley market for qualified first-time buyers.
- Modern Construction
Built in 2007, the condo is relatively new and described as well-kept and clean, offering a move-in-ready experience without the immediate need for major renovations.
- Generous Square Footage
At 932 square feet, this one-bedroom unit offers a significantly larger living space than typical entry-level condos, providing a more comfortable and open layout.
CONSRISKS & DEFICIENCIES
- Restrictive Resale Conditions
The 55-year resale restriction and strict income eligibility requirements significantly limit the property's long-term appreciation potential and future buyer pool.
- High Monthly Carrying Costs
The $510 monthly association fee is relatively high for a one-bedroom unit, which may impact the overall monthly affordability for buyers within the BMR income brackets.
About 800 S Abel Street 210
A golden opportunity to own a well-kept and clean 1-bedroom condo in a great Milpitas location! This property is offered through the City of Milpitas, Below Market Rate (BMR) Homeownership Program and is subject to a 55-year resale restriction. Maximum household income: 1-person - $172,600; 2-persons - $197,300; 3-persons - $221,950. Applicants must meet the City of Milpitas and House Keys program requirements, including first-time homebuyer and income-eligibility requirements, and must qualify for this BMR opportunity.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2007
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $510.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.5 |
| Baths | 1.0 | 1.9 |
| Square foot | 932 | 1,184.154 |
| Lot Size | - | 1,312.292 |
| Price | $425.0K | $732.9K |
| Price per sq ft | $456 | $649 |
| Built year | 2007 | 1999 |
| HOA | $510.0 | $508 |
| Days on market | 22 | 56 |
Pricing History
Listed for Sale
Oct 2, 2026
$425,000
Initial Listing
Sold
Feb 9, 2017
$275,500
Public Record
Sold
Feb 19, 2010
$226,500
Public Record