932 Princess Anne Drive, San Jose, California 95128, San Jose, 95128 - 0 bed, 0 bath
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San Jose, California 95128
This San Jose duplex represents a High-Potential Investment Opportunity, listed at $1,399,999—positioned above the $1,240,960 Fair Market Value. While the property currently lacks instant equity, it offers immediate cash flow through existing tenancies in a prime 95128 location. With a Condition Rating of 4, the asset requires modernization of systems to maximize rental yields. The large 7,068 sq. ft. lot provides significant long-term upside for expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a high-demand Silicon Valley corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 932 Princess Anne Drive Subject | $1,399,999* List Price | 0 | 0 | 1,692 | $733 | - |
A 870 Leigh Avenue Sold | $1,295,000 | 0 | 0 | 1,786 | $725 | 0.3 mi |
B 820 Leigh Avenue Sold | $1,512,000 | 0 | 0 | 2,159 | $700 | 0.3 mi |
C 926 Princess Anne Drive Active Under Contract | $1,198,000 List Price | 0 | 0 | 1,672 | $717 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1955 and held by the same owner for over 20 years, the property is likely dated with interiors and systems exceeding the 20-year mark. While the exterior shows some updates like vinyl windows and the units are tenant-occupied (functional), the age and lack of recent renovation history suggest the kitchen, baths, and electrical/HVAC systems will require modernization to meet current market standards.
Situated in the highly desirable 95128 zip code, the property is minutes from Santana Row, Valley Fair, and major medical centers, ensuring high rental demand and long-term appreciation.
Featuring a generous 7,068 sq. ft. lot, attached garages, and a long driveway, the property provides rare off-street parking capacity and potential for future outdoor enhancements or ADU expansion.
Both units are currently tenant-occupied, offering a turnkey opportunity for investors to generate cash flow immediately upon acquisition without the need for initial leasing efforts.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1700, other record lot size in square feet = 7068.
Built in 1955, the property likely requires modernization of major systems and cosmetic updates to meet contemporary standards and command top-tier market rents.
Existing tenancies may limit the flexibility for owner-occupants wishing to move in quickly or for investors looking to perform significant interior renovations immediately.
Rarely available San Jose duplex in a highly convenient 95128 location. Offered for the first time in more than two decades, 930 Princess Anne Dr features two tenant-occupied units of approximately 850 sq. ft. each, attached garages, a long driveway for additional off-street parking, and a 7,068 sq. ft. lot with a generous front yard and private outdoor space for the rear unit. Located near San Jose City College, Santa Clara Valley Medical Center, Santana Row, Valley Fair, Downtown Campbell, shopping, dining, parks, and major commuter routes, this property offers a central location that continues to appeal to renters and long-term owners alike. Whether held as an investment property or considered for future owner-occupant flexibility, this duplex presents a strong opportunity in an established San Jose neighborhood with excellent access to both lifestyle amenities and Silicon Valley employment corridors.
No exterior & parking available.
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 1,692 | 1,692 | 50% |
| Lot Size | 1,700 | 6,300 | 20% |
| Price | $1.40M | $1.40M | 40% |
| Price per sq ft | $827 | $827 | 50% |
| Built year | 1955 | 1955 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 94 | 20% |
May 15, 2026
$1,399,999
Initial Listing
Jan 31, 2008
$695,000
Public Record