866 Mccreery Avenue, San Jose, California 95116, San Jose, 95116 - 5 bed, 3 bath
866 Mccreery Avenue
San Jose, California 95116
Property Price
SUMMARY
Analysis of 866 Mccreery Avenue, San Jose, California 95116 reveals a Prime Investment Opportunity with a current list price of $988,000—significantly undercutting the $1,058,613 Fair Market Value by 6%. This valuation gap indicates a +$70,613 Instant Equity potential for buyers. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 866 Mccreery Avenue Subject | $988,000* List Price | 5 | 3 | 1,510 | $701 | - |
A 1752 Duffy Way Sold | $840,000 | 3 | 3 | 1,296 | $648 | 0.5 mi |
B 2071 Sunset View Place Active | $1,086,000 List Price | 4 | 3 | 1,577 | $689 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent updates, including a new roof installed in 2023, remodeled bathrooms, new laminate flooring, and fresh interior paint. While the home was built in 1964, the interior components have been well-maintained and modernized, and the permitted garage conversion provides updated additional living space with a kitchenette, meeting the criteria for a well-maintained, updated residence.
PROSSTRENGTHS & OPPORTUNITIES
- Income & Multigenerational Potential
The permitted garage conversion features two bedrooms, a bathroom, a separate entrance, and a kitchenette, providing an excellent opportunity for rental income or a private suite for extended family.
- Recent Capital Improvements
A newer roof installed in November 2023, combined with remodeled bathrooms and fresh interior paint, significantly reduces immediate maintenance concerns and move-in costs for the buyer.
- Strategic Commuter Location
Ideally situated near major 680 and 280 freeway corridors and minutes from Emma Prusch Farm Park, the property offers exceptional convenience for Silicon Valley professionals and families.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1510, other record living area = 1096.
- High Density Living Space
With five bedrooms and three bathrooms packed into 1,510 square feet, the individual room sizes and common areas may feel cramped or undersized for a large household.
- Loss of Covered Parking
The conversion of the garage into living space eliminates traditional enclosed parking, which may be a drawback for buyers requiring secure vehicle storage or additional workshop space.
About 866 Mccreery Avenue
Welcome to this beautifully updated 5 bedroom, 3 full bathroom home offering flexibility, functionality, and incredible opportunity! The main home features remodeled bathrooms, fresh interior paint, laminate flooring throughout & a wood burning fireplace creating a spacious & comfortable living. The permitted garage conversion adds tremendous value with an additional 2 bedrooms and 1 bathroom, it's own seperate entrance & kitchenette - perfect for extended family, guests, and/or excellent rental income potential! New flooring & new interior paint in the converted space enhances comfort and style. Enjoy peace of mind with a newer roof installed in November 2023, plus the convenience of extra storage areas to accommodate all your needs. Ideally located near major commuter routes including 680 and 280, and just minutes from grocery stores, shopping centers, schools, and Emma Prusch Farm Park, this home truly combines comfort, convenience, and opportunity! Perfect for a large family, multigenerational living, or savvy buyers seeking additional income potential! This is a rare opportunity and property you wont want to miss!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1964
- Lot Size
- 5,250 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 77% |
| Baths | 3.0 | 2.0 | 55% |
| Square foot | 1,510 | 1,487 | 50% |
| Lot Size | 5,250 | 4,325.5 | 73% |
| Price | $988.0K | $1.04M | 45% |
| Price per sq ft | $654 | $697 | 45% |
| Built year | 1964 | 1979 | 45% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 144 | 5% |
Pricing History
Listed for Sale
Feb 21, 2026
$988,000
Initial Listing