$399,999
5487 Makati Circle, San Jose, CA 95123
60% below the San Jose median of $1.0M (891 active listings)
53% of San Jose listings have cut their price · half have been listed 65+ days
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About this home
Contractor Special! Incredible Opportunity to Build Instant Equity in Desirable South San Jose! Unlock the potential of this ground-floor condo in the sought-after Terrace Villas community. This 2-bedroom, 2-bath home offers 989 square feet with soaring cathedral ceilings, a wood-burning fireplace, interior laundry, and a functional floor plan ready for your vision. A true fixer-upper, this probate sale presents an outstanding opportunity for investors, contractors, flippers, or buyers looking to renovate and build instant equity. Updated units in the community have recently sold for approximately $575,000. Property will likely require an all-cash purchase. Nestled among mature trees and lush landscaping, Terrace Villas offers a community pool, spa, clubhouse, and beautifully maintained grounds. Conveniently located near Village Oaks Shopping Center, restaurants, parks, Kaiser Permanente, and Highways 85 and 101. Schools include Alex Anderson Elementary, Bernal Intermediate, and Oak Grove High School (buyer to verify). HOA dues are $674 per month. Don't miss this chance to transform a diamond in the rough into something truly special!
Property details
- Property type
- Condo
- Year built
- 1984
- HOA fee
- $674/mo
- Listed
- 3 days ago
- MLS #
- 82055674
- Listed by
- John Jenkins · Compass
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Location
Approximate location based on the listing address.