914 Harliss Avenue, San Jose, California 95110, San Jose, 95110 - 2 bed, 1 bath
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914 Harliss Avenue
San Jose, California 95110
ACTIVE UNDER CONTRACT
CONDITION: TEAR DOWN
2Beds
1Baths
996Sq Ft
5,509Lot Size
Property Price
LIST PRICE$669,000
EST. MARKET VALUE
$665,008
SUMMARY
This R2-Zoned Development Asset represents a High-Potential Investment Opportunity with a List Price of $669,000, reflecting a stable valuation relative to its $665,009 Fair Market Value. Currently holding a Poor Condition Rating, the property is a prime candidate for a tear-down to leverage its R2 Zoning and 5,509 sqft lot for multi-unit construction in the San Jose urban core. Despite occupancy challenges and required site remediation, the location offers significant ROI through forced appreciation. This is an ideal acquisition for Experienced Developers or Seasoned Investors.
Estimated Market Value
$665,008
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 |
|---|---|---|---|---|---|---|
★ 914 Harliss Avenue Subject | $669,000* List Price | 2 | 1 | 996 | $668 | - |
A 1072 Vine Street Sold | $730,000 | 2 | 1 | 870 | $839 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
The property, built in 1928, is explicitly described as being in 'extremely poor condition' with 'many trip hazards' and a lot 'covered with garbage and abandoned vehicles.' The interior image confirms a completely dilapidated and non-functional space, requiring a full gut renovation. Given its age, lack of apparent major renovations, and current unlivable state, the property's value is primarily in the R2 zoned land, aligning perfectly with the 'tear-down' criteria.
PROSSTRENGTHS & OPPORTUNITIES
- R2 Zoning & Development Potential
Highly valuable R2 zoning allows for multi-unit development (e.g., duplex, ADU) in a high-demand urban core, offering significant upside for investors or developers.
- Prime San Jose Location
Situated in San Jose, a robust and appreciating real estate market, offering strong long-term investment potential due to its proximity to major tech employers and amenities.
- Generous Lot Size
The 5,509 sqft lot provides ample space for potential expansion or new construction, maximizing the R2 zoning benefits.
CONSRISKS & DEFICIENCIES
- Complex Occupancy Issues
The presence of non-paying occupants without a rental agreement presents a significant legal and financial challenge, requiring a potentially lengthy and costly eviction process.
- Extreme Disrepair & 'As-Is' Condition
The property is in 'extremely poor condition' with safety hazards and is sold strictly 'as-is,' necessitating substantial capital investment for renovation and clean-up.
- Extensive Site Remediation Required
The lot is heavily cluttered with 'garbage and abandoned vehicles,' indicating a major clean-up and potential environmental remediation effort will be required post-acquisition.
About 914 Harliss Avenue
This is an R2 lot. There is an existing SFR occupied by individuals with no rental agreement and not paying rent. The Owner wants to sell the property "as is". The property is in extremely poor condition. Please be careful when walking around the property. There are many trip hazards. The lot is covered with garbage and abandoned vehicles ( cars and RVs ). Please make Offers subject to inspection.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1928
- Lot Size
- 5,509 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 1 (1 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 |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 996 | 1,706.046 |
| Lot Size | 5,509 | 6,261.966 |
| Price | $669.0K | $1.68M |
| Price per sq ft | $672 | $979 |
| Built year | 1928 | 1965 |
| HOA | $0 | $200 |
| Days on market | 1703 | 37 |
Pricing History
Listed for Sale
Jan 10, 2022
$669,000
Initial Listing