882 Tallman Court, San Jose, California 95123, San Jose, 95123 - 5 bed, 3 bath
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San Jose, California 95123
This Dual-Living Residential Asset is a Prime Investment Opportunity, listed at $1,539,000—positioned well below the $1,586,342 Fair Market Value by 2%. This valuation gap provides $47,342 in Instant Equity. Featuring a permitted 2-bed ADU and a Condition Rating of 3, the property includes a new HVAC system, tankless water heater, and newer roof. Located near Almaden Valley with access to the 8-rated Santa Teresa High, it offers high rental demand and multi-generational utility. This is an ideal acquisition for Buy-and-Hold Investors or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 882 Tallman Court Subject | $1,539,000* List Price | 5 | 3 | 2,388 | $664 | - |
A 783 Vereda Court Sold | $1,475,000 | 3 | 2 | 1,848 | $798 | 0.9 mi |
B 5986 Loma Prieta Drive Sold | $1,180,000 | 3 | 2 | 1,510 | $781 | 0.9 mi |
C 5523 Thornwood Drive Pending | $1,300,000 List Price | 5 | 3 | 2,418 | $538 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is well-maintained and move-in ready with major systems recently updated, including a new roof and exterior paint (4 years ago), and a new HVAC system and tankless water heater. While the kitchen cabinetry is dated, the first-floor bathroom has been modernized, and the home features new interior paint and recessed lighting. The presence of a permitted ADU adds significant value.
The property features a fully permitted 2-bedroom, 1-bathroom ADU with a separate entrance, providing an excellent opportunity for rental income or multigenerational living.
Significant capital improvements include a new HVAC system, tankless water heater, newer roof (4 years), and fresh interior/exterior paint, ensuring reduced immediate maintenance costs for the buyer.
Situated in a quiet cul-de-sac near Almaden Valley, the home offers exceptional walkability to Oakridge Mall, VTA transit, and supermarkets, with rapid access to Highways 85 and 87.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6011, other record lot size in square feet = 5600.
The lack of separate utility meters for the main house and ADU complicates tenant billing and may be a drawback for investors seeking streamlined property management.
The assigned elementary school, Allen at Steinbeck, currently has a lower rating (3/10), which may impact the property's appeal to families prioritizing high-performing primary education.
3 bed 2 bath house with an attached 2 bed 1 bath ADU (separate entrance for ADU). Located in a peaceful cul desac, next to Almaden Valley. Walking distance to VTA, public transit, Oakridge Mall, supermarket, and EV charging stations. Easy access to freeways 85 and 87. Potential property in 95123 especially for a big family or investor. Property has been tent fumigated 2 years ago. New roof and exterior paint 4 years ago. Updated bath on the 1st floor. new interior paint. New HVAC system, new tankless water heater, new water filter, new recessed lights. All work done by licensed contractors. Second floor building permit in 1983 and ADU permit in 2001. No separated utility meter. No Fault no issues on the property. No Disclosures issues. Two current tenants occupying ADU month-to-month. Good tenants with good credit. Tenants prefer to rent back or ready to move out at closing.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-6 • 1.6 mi
Grades K-6 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 89% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 2,388 | 1,649 | 85% |
| Lot Size | 6,011 | 6,110 | 42% |
| Price | $1.54M | $1.55M | 43% |
| Price per sq ft | $644 | $924 | 5% |
| Built year | 1971 | 1968 | 57% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 100 | 1% |
Apr 15, 2026
$1,539,000
Initial Listing
Oct 20, 2023
$1,450,000
Public Record