14541 Union Avenue, San Jose, California 95124, San Jose, - bed, bath
ACTIVE UNDER CONTRACT$1,250,000
14541 Union Avenue, San Jose, California 95124
0Bed
0Bath
1,591Sqft
8,263Lot
Year Built
1947
Close
-
List price
$1.25M
Original List price
$4.9M
Price/Sqft
-
HOA
-
Days on market
102 Days
Sold On
2023-03-13
MLS number
ML81914053
Home ConditionTear down
Features
Good View:
Patio
View-
About this home
Welcome to 14541 Union Ave, a 4 bed, 1.5 bath home on a 8,263 sqft lot. Located .3 miles from the soon to be renovated Cambrian Park Plaza featuring 50,990 sf of retail/restaurant, a hotel, 4 acres of open space and much more. Easy access to HWY 85 and 17. Central location, close to downtown Campbell, Los Gatos, and Willow Glen. Zoned for top Cambrian Schools.
Nearby schools
9/10
Carlton Elementary School
Public,•K-5•1.0mi
9/10
Union Middle School
Public,•6-8•1.0mi
8/10
Leigh High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
08/22/25
Price Change
$1,250,000
12/01/22
Listing
$4,899,000
Condition Rating
Tear down
Built in 1947, this property is 77 years old with no indication of major renovations. The absence of interior photos, particularly of the kitchen and bathrooms, strongly suggests these areas are outdated or in poor condition. The exterior images show an aged home with neglected landscaping and a cluttered backyard, indicating deferred maintenance. Furthermore, the property's 'Mixed Use' sub-type and its proximity to a major redevelopment project (Cambrian Park Plaza) imply that its primary value lies in the land for future development, rather than the existing structure. The drastic price adjustment also supports this. The structure is likely considered beyond economic repair for modern living standards, making it a candidate for demolition to maximize land potential.
Pros & Cons
Pros
Prime Location & Connectivity: The property boasts excellent access to major highways (HWY 85 and 17) and is centrally located near popular downtown areas like Campbell, Los Gatos, and Willow Glen, enhancing convenience and lifestyle.
Future Development Potential: Located just 0.3 miles from the soon-to-be-renovated Cambrian Park Plaza, which will feature extensive retail, restaurant, hotel, and open space amenities, promising significant future appreciation and neighborhood enhancement.
Generous Lot Size: The substantial 8,263 sqft lot provides ample outdoor space, offering potential for landscaping, home expansion, or the addition of an Accessory Dwelling Unit (ADU), a valuable asset in the San Jose market.
Top-Rated School District: Zoned for highly-regarded Cambrian Schools, this is a significant draw for families and a strong factor in maintaining property demand and value in the area.
Compelling Value Proposition: The current list price of $1.25M represents a substantial reduction from the original list price of nearly $4.9M, potentially offering a more competitive and attractive entry point into a desirable San Jose neighborhood.
Cons
Age and Potential Renovation Needs: Built in 1947, the property is over 75 years old, suggesting it may require significant updates to core systems (e.g., plumbing, electrical, HVAC) and aesthetics to meet modern standards and buyer expectations.
Limited Bathroom Count: With 4 bedrooms and only 1.5 bathrooms, the property offers a lower bathroom-to-bedroom ratio than typically desired for a home of this size, which could be inconvenient for larger households and may necessitate future renovation.
Historical Pricing Volatility: The drastic reduction from an original list price of nearly $4.9M to $1.25M, while creating a current opportunity, might raise questions for some buyers regarding the property's initial valuation or potential underlying issues that led to such a significant price correction.