
San Jose, California 95126
Analysis of 883 Pacific Avenue, San Jose, California 95126 is currently available with a list price of $799,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. 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.
Property is moderate renovation needed.
Built in 1920, the property features a dated interior likely renovated 20-25 years ago with oak cabinetry, basic white tiling, and laminate flooring. While functional and currently set up for multi-generational or rental use, the kitchens and bathrooms are significantly outdated, and the presence of wall heaters suggests older mechanical systems. The listing price and description emphasize 'potential' and 'opportunity to update,' confirming it needs modernization to meet current market standards.
The unique dual-level layout featuring separate kitchens, living areas, and entrances provides exceptional flexibility for rental income, extended family, or multigenerational living.
Ideally situated near Downtown San Jose, Santana Row, and major Silicon Valley employers, offering high desirability for commuters and urban lifestyle seekers.
With 5 bedrooms and 5 bathrooms across 2,539 square feet, the property offers a rare ratio of living quarters that maximizes its potential as a high-yield investment or large family residence.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2539, other record living area = 1140. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Built in 1920 and marketed as an opportunity to customize, the property likely requires substantial capital investment to modernize its century-old systems and finishes.
The 4,000-square-foot lot is relatively small for a home of this square footage, resulting in limited private outdoor space and restricted potential for further structural expansion.
First time on the market in over 15 years, this versatile San Jose property offers incredible flexibility, generous living space, and endless potential. The main level features a bright living room, dining area, kitchen, 2 bedrooms, 3 bathrooms, and a home office that can easily serve as a 3rd bedroom. The lower level mirrors the functionality with its own living room, dining area, kitchen, 3 bedrooms and 2 bathrooms, creating an ideal setup for multigenerational living, extended family, rental income, or added flexibility. Filled with natural light and offering a functional layout throughout, this property presents an excellent opportunity to update, customize, or maximize its investment potential. Situated on an approximately 4,000-square-foot lot, the backyard offers mature fruit trees and an expansive space for outdoor entertaining, gardening, or future enhancements. Conveniently located near Downtown San Jose, Santana Row, Valley Fair, major commuter routes, shopping, dining, and Silicon Valley employers, this is a rare opportunity to own a property with exceptional versatility in a prime central location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 5.0 | 2.0 |
| Square foot | 2,539 | 1,683.5 |
| Lot Size | 4,000 | 6,300 |
| Price | $799.0K | $1.70M |
| Price per sq ft | $315 | $1000 |
| Built year | 1920 | 1966 |
| HOA | $0 | $160 |
| Days on market | 12 | 35 |
Jul 10, 2026
$799,000
Initial Listing
Oct 19, 2010
$245,000
Public Record
Nov 9, 2007
$740,000
Public Record
Jul 26, 2005
$600,000
Public Record
May 25, 1999
$230,000
Public Record