
Santa Clara, California 95051
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $342,082 Fair Market Value by -16%. While the unit carries a Poor Condition Rating and requires significant modernization, the location near Central Park and major tech hubs provides strong rental demand. The community offers extensive amenities, including three pools and a hot tub. This is a strategic value-add asset ideal for Buy-and-Hold Investors or first-time buyers seeking to build equity through sweat equity.
Property is extensive renovation needed.
Built in 1971 (53 years old) with no evidence of recent renovations, this property falls into the 'Poor' category as it requires a full rehab. The listing description explicitly invites 'sweat equity' and 'thoughtful updates,' while interior photos show heavily soiled/worn carpeting and dated popcorn ceilings, suggesting original systems and finishes that need replacement.
Ideally situated within walking distance to the 52-acre Central Park and minutes from major tech hubs, Kaiser Hospital, and Valley Fair, offering unparalleled convenience for commuters and locals alike.
Priced competitively for the Santa Clara market, this property serves as an excellent entry-level investment for buyers looking to build sweat equity through personalized renovations and updates.
The association provides robust recreational facilities including three swimming pools, a hot tub, clubhouse, and evening security, enhancing the overall lifestyle and safety of the residents.
The unit is in original condition and requires a significant vision for updates, which will necessitate immediate additional capital investment for repairs and aesthetic improvements.
The monthly association fee of $589 is relatively high for a one-bedroom condominium of this size, which may impact the debt-to-income ratio for some prospective buyers.
Great Santa Clara opportunity! Bring your vision and create a home that reflects your personal style. An excellent opportunity for sweat equity and thoughtful updates. This centrally located condo has a walk-in closet and a carport.Enjoy an easy walk to Central Park, a spectacular 52-acre community destination featuring the Magical Bridge playground, sports fields, lighted tennis courts, lawn bowling green, exercise course, basketball courts, BBQ areas, community center, Central Park Library, (and the International Swim Center, scheduled to reopen in 2027.)The community offers three pools, a hot tub, clubhouse, and two playground areas, providing plenty of opportunities for recreation and relaxation. Evening security is provided from 5:00 PM to 1:30 AM.Conveniently located just 1.5 miles from Kaiser Hospital, 2 miles from Pruneridge Golf Course, 2 miles from Santa Clara Town Center with restaurants, shopping and everyday conveniences, 3 miles from Valley Fair and approximately 3.5 miles from Santa Clara University. Many destinations are easily accessible without getting on a freeway. Commuters will appreciate easy access to Lawrence, Central and San Tomas Expressways and I-280.A great opportunity to update, personalize & build equity in a highly convenient Santa Clara location!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.1 |
| Baths | 1.0 | 1.5 |
| Square foot | 670 | 1,006.2 |
| Lot Size | - | 1,067.275 |
| Price | $399.0K | $684.0K |
| Price per sq ft | $596 | $630 |
| Built year | 1971 | 1982 |
| HOA | $589.0 | $652 |
| Days on market | 16 | 57 |
Oct 8, 2026
$399,000
Initial Listing
Aug 17, 1990
$108,000
Public Record