14570 Wyrick Avenue, San Jose, California 95124, San Jose, - bed, bath
ACTIVE$3,300,000
14570 Wyrick Avenue, San Jose, California 95124
2Beds
1Bath
630Sqft
10,750Lot
Year Built
1952
Close
-
List price
$3.3M
Original List price
$3.3M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025513
Home ConditionTear down
Features
Good View:
Patio
View-
About this home
Developers Best Choice - secure two fully buildable lots! The tentative map for SB9 has already been approved. Construction work to split the existing lotby opening the property line through the middle of the current houseis expected to be completed in about one month. Once finished, the tentative map can be officially recorded, creating two separate parcels. The buyer will ultimately own two fully buildable lots. Additionally, the building permit for new construction (approx. 2,400 sq ft, 5 bed / 4 bath) on one of the lots has already been submitted, saving valuable time and leaving plenty of profit on the table.
Nearby schools
8/10
Oster Elementary School
Public,•K-5•0.2mi
9/10
Carlton Elementary School
Public,•K-5•1.4mi
9/10
Union Middle School
Public,•6-8•1.1mi
7/10
Dartmouth Middle School
Public,•6-8•1.9mi
8/10
Leigh High School
Public,•9-12•0.9mi
8/10
Branham High School
Public,•9-12•1.3mi
Price History
Date
Event
Price
10/21/25
Listing
$3,300,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (107 Listings) | |
|---|---|---|---|
| Beds | 2 | 3 | 6% |
| Baths | 1 | 2 | 7% |
| Square foot | 630 | 1,579 | 2% |
| Lot Size | 10,750 | 6,330 | 89% |
| Price | $3.3M | $2M | 97% |
| Price per square foot | $5,238 | $1,219 | 99% |
| Built year | 1952 | 9795980 | 12% |
| HOA | |||
| Days on market | 15 | 152 | 2% |
Condition Rating
Tear down
The property was built in 1952, making it over 70 years old. The listing description explicitly states it's a 'Developers Best Choice' with approved plans to split the lot 'through the middle of the current house' for new construction. This indicates the existing structure is not considered a long-term viable residence and its value is primarily in the land and development potential. While the kitchen appears functional with basic white cabinets and appliances, the overall context points to the house being slated for demolition or significant alteration, aligning with the 'tear-down' criteria.
Pros & Cons
Pros
Approved SB9 Tentative Map: The property has an approved tentative map for SB9, allowing for the creation of two fully buildable lots, significantly enhancing its development potential and value.
Two Fully Buildable Lots: Upon completion of the lot split process, the buyer will own two separate, fully buildable parcels, maximizing development opportunities and potential return on investment.
Pre-Submitted Building Permit: A building permit for new construction (approx. 2,400 sq ft, 5 bed / 4 bath) on one of the lots has already been submitted, saving valuable time and expediting the development timeline.
Strategic San Jose Location: Located in San Jose, a highly desirable and appreciating real estate market, offering strong demand for new housing and excellent long-term investment prospects.
Excellent School District: The property is situated near highly-rated schools (Oster Elementary 8, Union Middle 9, Branham High 8, Leigh High 8), which adds significant appeal for future families occupying the new builds.
Cons
High Initial Investment: The list price of $3.3 million is substantial, primarily reflecting the land and development potential rather than the existing structure, requiring a significant upfront capital commitment.
Existing Structure's Limited Utility: The current 1952-built, 630 sq ft house is likely to be demolished or significantly altered as part of the development, representing a potential immediate cost rather than an asset.
Ongoing Lot Split Process: While approved, the official recording of the tentative map and creation of two separate parcels is still pending completion (expected in about one month), meaning the buyer does not immediately acquire two distinct lots.