811 North Capitol Avenue 3, San Jose, California 95133, San Jose, 95133 - 2 bed, 1 bath
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811 North Capitol Avenue 3
San Jose, California 95133
ACTIVE
CONDITION: FAIR
2Beds
1Baths
903Sq Ft
1,306Lot Size
Property Price
LIST PRICE$488,888
EST. MARKET VALUE
$506,534
3% BelowMARKET VALUE
SUMMARY
This Condominium presents a High-Potential Investment Opportunity with a List Price of $488,888—positioned well below the $506,535 Fair Market Value by 3%. This valuation gap offers $17,647 in Instant Equity for the buyer. While the property maintains a Condition Rating of 4, the refreshed interior provides immediate move-in readiness. Located near major commuter routes and schools like Independence High, this residence is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the San Jose market.
Estimated Market Value
$506,534+$17,646 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 811 North Capitol Avenue 3 Subject | $488,888* List Price | 2 | 1 | 903 | $561 | - |
A 902 Gilchrist 3 Sold | $489,000 | 2 | 1 | 903 | $542 | 0.1 mi |
B 861 Wyman Way 2 Sold | $510,000 | 2 | 1 | 903 | $565 | 0.2 mi |
C 2599 Easton Lane 109 Sold | $530,000 | 2 | 2 | 975 | $544 | 0.4 mi |
D 661 Devlin Court Sold | $495,000 | 1 | 1 | 720 | $688 | 0.3 mi |
E 390 Caribe Way Sold | $580,000 | 2 | 3 | 1,067 | $544 | 0.8 mi |
F 2547 Easton Ln 18 Sold | $560,000 | 2 | 2 | 975 | $574 | 0.4 mi |
G 808 Gilchrist Drive 3 Active | $514,950 List Price | 2 | 1 | 903 | $570 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1971, this property is over 50 years old. While it has received a cosmetic 'refresh' with new paint and modern laminate flooring, the kitchen and bathroom remain dated with older tile countertops and cabinetry. The property is functional and move-in ready, but the core systems and wet areas are well beyond the 20-year mark, requiring future updates.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry-Level Pricing
Listed at $488,888, which is significantly lower than its 2022 sale price of $555,000, this property offers exceptional value and an affordable entry point into the San Jose market.
- Move-in Ready Condition
The residence features a refreshed interior with fresh paint and abundant natural light, providing a clean and inviting atmosphere for immediate occupancy.
- Strategic Commuter Location
Ideally situated near major highways, shopping, and dining, this home offers excellent accessibility for professionals commuting throughout the Bay Area.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1306, other record lot size in square feet = 1500.
- Single Bathroom Layout
With two bedrooms but only one bathroom, the configuration may be less convenient for families or roommates compared to units with additional powder rooms.
- Limited Parking and Age
Built in 1971, the property includes only one dedicated parking space, which could be a significant drawback for multi-vehicle households.
About 811 North Capitol Avenue 3
Welcome home to this charming and beautifully refreshed 2 bedroom, 1 bath residence offering 903 square feet of comfortable living space. Step inside to a bright and inviting interior featuring fresh new paint throughout and an abundance of natural light. The thoughtfully designed main level offers a welcoming living room and dedicated dining area perfect for relaxing at home or gathering with friends and family. The kitchen provides plenty of cabinet and storage space, keeping everything organized and within easy reach. Upstairs, both bedrooms offer privacy and a comfortable retreat from the main living areas. Additional conveniences include one dedicated parking space and a private storage cabinet for extra belongings. Ideally located near shopping, dining, everyday conveniences, and major highways, this home offers an easy lifestyle with convenient access for commuting throughout the Bay Area. Whether you're a first time buyer, downsizing, or looking for a wonderful place to call home, this move in ready residence is an opportunity you won't want to miss!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 1,306 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $433.0 / Month
Neighborhood Insights
San Jose Unified Schools
Summerdale Elementary School
Grades K-5 • 0.7 mi
6/10
Piedmont Middle School
Grades 6-8 • 1.0 mi
5/10
Independence High School
Grades 9-12 • 0.9 mi
6/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 903 | 1,088.503 |
| Lot Size | 1,306 | 1,303.863 |
| Price | $488.9K | $648.7K |
| Price per sq ft | $541 | $614 |
| Built year | 1971 | 1987 |
| HOA | $433.0 | $594 |
| Days on market | 7 | 56 |
Pricing History
Listed for Sale
Sep 2, 2026
$488,888
Initial Listing
Sold
May 13, 2022
$555,000
Public Record
Sold
Nov 8, 2000
$230,000
Public Record
Sold
Apr 20, 1999
$140,000
Public Record