1538 E San Fernando ST
San Jose, CA 95116
- 3 beds
- 1 bath
- 1,196 sqft
- 10,454 sqft lot
- $826 per sqft
- 1910 build
- – on site
Uncover the potential of 1538 E San Fernando St an exceptional investment opportunity where the true value lies in the land. Situated on an expansive lot exceeding 10,000 sqft, this property presents the perfect canvas to realize your vision and build your dreams. With the option to build a new, take advantage of SB-9 legislation, or add an ADU, the possibilities are boundless. Imagine crafting a custom residence tailored to your exact specifications, or maximizing rental income potential through additional units the choice is yours. The existing home, a 3 bedroom, 2.5 bathroom dwelling spanning 1,200 square feet, offers more than just shelter; it opens doors to financing opportunities. Whether you're an investor seeking to capitalize on the burgeoning San Jose market or a homeowner envisioning your ideal living space, this property provides a solid foundation for your ambitions. Nestled in a desirable locale, residents will appreciate the convenience of nearby amenities, including shopping, dining and parks. Commuters will also benefit from easy access to major highways and public transportation. Don't miss the chance to seize this rare investment gem. Make your mark on the thriving San Jose landscape and embark on a journey towards realizing your real estate aspirations.
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Last updated May 19, 2024
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MLS# 81955604 —
This home is listed in more than one place. See it here, and here.
Monthly cost estimate
Asking price
$988,000
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$5,290
|
| Taxes | N/A |
| Insurance | $271 |
| Utilities | $180 See report |
| Total | $5,741/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/7/24
May 7, 2024
|
Listed / Active | MLSLISTINGS | $988,000 | 541.6% (36.3% / YR) |
|
6/11/09
Jun 11, 2009
|
BRIDGE | $154,000 |
61% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $100k above asking price on average, but some went as high as $315k over asking price.