866 Mccreery Avenue, San Jose, California 95116, San Jose, 95116 - 5 bed, 3 bath
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San Jose, California 95116
This Income-Producing Single Family Residence is a Strong Value Opportunity, listed at $938,000—positioned well below the $988,000 Fair Market Value by 5%. This valuation gap provides $50,000 in Instant Equity. Boasting a Good Condition Rating, the home features a New 2023 Roof and a Permitted Garage Conversion with a kitchenette and separate entrance, perfect for rental income. Located near Major Commuter Routes and Emma Prusch Farm Park, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 866 Mccreery Avenue Subject | $938,000* List Price | 5 | 3 | 1,510 | $654 | - |
A 1752 Duffy Way Sold | $840,000 | 3 | 3 | 1,296 | $648 | 0.5 mi |
B 1924 Vollmer Way Active | $1,099,000 List Price | 3 | 2 | 1,462 | $752 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and benefits from significant recent capital improvements, including a new roof installed in 2023, remodeled bathrooms with modern vanities and fixtures, and fresh interior paint. While the kitchen retains an older layout and cabinetry style, it has been refreshed with stone countertops and stainless steel appliances. The flooring has been updated to contemporary laminate, and although the cooling relies on window units rather than central air, the overall maintenance and recent updates to major components align with a 'good' condition rating.
The permitted garage conversion includes two bedrooms, a bathroom, and a kitchenette with a separate entrance, providing a turnkey opportunity for rental income or a private guest suite.
The property features a newer roof installed in November 2023, along with remodeled bathrooms and fresh interior paint, significantly reducing immediate maintenance concerns for the buyer.
Ideally situated near the 280 and 680 freeway interchanges, this home offers excellent accessibility for Silicon Valley commuters and is minutes away from major shopping and Emma Prusch Farm Park.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1510, other record living area = 1096.
With five bedrooms configured within only 1,510 square feet of living space, individual room sizes and common areas may feel significantly cramped for larger households.
The property has experienced over 70 days on the market and multiple price reductions, which may indicate initial overpricing or buyer hesitation regarding the layout and density.
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! Some photos are virtually staged.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 78% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,510 | 1,220 | 65% |
| Lot Size | 5,250 | 4,346 | 65% |
| Price | $938.0K | $950.9K | 48% |
| Price per sq ft | $621 | $817 | 35% |
| Built year | 1964 | 1964 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 60 | 174 | 13% |
Apr 11, 2026
$938,000
$959,000
-2% Price Drop
Initial Listing
Mar 13, 2026
$959,000
$988,000
-3% Price Drop
Initial Listing
Feb 21, 2026
$988,000
Initial Listing