1355 Calabazas Court, Santa Clara, California 95051, Santa Clara, - bed, bath
ACTIVE$1,868,000
1355 Calabazas Court, Santa Clara, California 95051
2Beds
1Bath
3,342Sqft
3,920Lot
Year Built
1963
Close
-
List price
$1.87M
Original List price
$1.87M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81959122
Home ConditionPoor
Features
View-
About this home
Price History
Date
Event
Price
03/27/24
Listing
$1,868,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (70 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 1% |
| Baths | 1 | 2 | 8% |
| Square foot | 3,342 | 1,444 | 99% |
| Lot Size | 3,920 | 6,000 | 6% |
| Price | $1.87M | $2.04M | 34% |
| Price per square foot | $559 | $1,378 | 1% |
| Built year | 1963 | 1956 | 79% |
| HOA | |||
| Days on market | 587 | 146 | 99% |
Condition Rating
Poor
The property was built in 1963, making it 61 years old. The exterior image shows significant signs of age and deferred maintenance, including dated siding and paint, overgrown landscaping, cracked concrete, and an old weathered fence. There is no indication of major renovations in the MLS data, and the exterior appearance suggests none have occurred in decades. The presence of an external staircase and what appears to be multiple unit numbers (1355 and 1355 1/2) also suggests a multi-unit property, which contradicts the 'Single Family Residence' type and could imply additional complexities. Without interior photos, it's highly probable that the kitchen, bathroom, and all major systems (electrical, plumbing, HVAC) are original or very old, requiring substantial repairs and rehabilitation to meet current standards. This condition aligns with the 'Poor' category, indicating a need for significant investment beyond minor updates.
Pros & Cons
Pros
Prime Silicon Valley Location: Located in Santa Clara, a highly desirable and high-demand area within Silicon Valley, offering strong market appreciation potential and access to major tech employers.
Generous Interior Square Footage: With 3342 sqft, the property offers substantial living space, which is exceptionally large for a 2-bedroom home, providing significant flexibility for future expansion or reconfiguration.
Desirable Single-Family Home Type: As a detached single-family residence, it holds strong appeal and value in the competitive Santa Clara real estate market.
Good Lot Size for Urban Area: The 3920 sqft lot provides adequate outdoor space, which is a valuable asset in a dense urban environment, allowing for landscaping, entertaining, or potential property expansion.
Significant Value-Add Potential: Built in 1963, the property presents an excellent opportunity for a buyer to modernize, reconfigure the layout, and significantly increase its market value through strategic renovations.
Cons
Inefficient Floor Plan: The highly disproportionate 2 beds and 1 bath for 3342 sqft indicates a very inefficient and likely outdated layout, necessitating extensive renovation to optimize living space and functionality for modern living.
Age of Property and Required Updates: Built in 1963, the home is over 60 years old, suggesting that major systems (electrical, plumbing, HVAC) and finishes are likely original and will require substantial capital investment for modernization and upgrades.
High Price Point Relative to Condition: Despite the desirable location and large square footage, the $1.868 million list price for a 2-bed, 1-bath home in its likely original condition and inefficient layout may deter buyers seeking move-in ready properties or better value for the significant renovation investment required.