2322 Meridian Avenue, San Jose, California 95124, San Jose, - bed, bath

home-pic
ACTIVE$1,995,000
2322 Meridian Avenue, San Jose, California 95124
0Bed
0Bath
2,486Sqft
8,700Lot
Year Built
1965
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82008845
Home ConditionFair
Features
Patio
View-

About this home

Rare Duplex for Sale in Silicon Valley - Willow Glen! Lightning strikes twice at 2320-2322 Meridian Ave! This Silicon Valley duplex is a rare find, ideal for savvy investors and 1031 exchange buyers. Offering 2,486 sqft total, 1,243 sq ft per unit on an 8,700 sq ft lot, each unit features 2 bedrooms, 2 bathrooms, a spacious kitchen, large living/dining area, primary suite, attached one-car garage, separate laundry, and private backyard. Freshly painted inside and out with decades of pride of ownership, this turnkey income property in Willow Glen is ready to generate strong rental income and long-term appreciation. Located near major tech employers, shopping, dining, and commuter routes, this is your chance to secure a high-demand investment property in San Joses Willow Glen neighborhood - schedule a showing today!

Price History

Date
Event
Price
05/29/25
Listing
$1,995,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (2 Listings)
Beds00
Baths00
Square foot2,4861,816
67%
Lot Size8,7007,875
67%
Price$2M$1.5M
67%
Price per square foot$802$802
50%
Built year19651965
50%
HOA
Days on market160160
50%
Condition Rating
Fair

Built in 1965, the property is well-maintained and freshly painted, making it move-in ready. However, while some updates like kitchen countertops and bathroom vanities are present, other elements such as mixed appliance styles (stainless and white), traditional ceiling fans, and one dated shower enclosure indicate that it has not undergone a full, recent extensive renovation. The home is aged but maintained through regular upkeep and occasional updates, with major components functional but showing signs of being outdated, aligning with the 'Fair' condition criteria.
Pros & Cons

Pros

Prime Investment Location: Located in the highly desirable Willow Glen neighborhood of San Jose, within Silicon Valley, offering proximity to major tech employers, shopping, dining, and commuter routes, ensuring high rental demand and long-term appreciation potential.
Turnkey Income Property: This rare duplex is explicitly marketed as a 'turnkey income property' ideal for savvy investors and 1031 exchange buyers, ready to generate strong rental income immediately due to its well-maintained condition.
Well-Maintained Condition: The property boasts 'decades of pride of ownership' and is 'freshly painted inside and out,' suggesting a well-cared-for asset that minimizes immediate repair needs for a new owner.
Desirable Unit Layouts: Each unit features a practical and appealing layout with 2 bedrooms, 2 bathrooms, a spacious kitchen, large living/dining area, primary suite, separate laundry, and a private backyard, enhancing tenant appeal.
Individual Unit Amenities: Each unit benefits from an attached one-car garage and private backyard, offering convenience and privacy for tenants, which are highly sought-after features in rental properties.

Cons

Age of Construction: Built in 1965, the property's age suggests that major systems (e.g., plumbing, electrical, HVAC) may be original or older, potentially requiring significant capital expenditures for updates or replacements in the future.
Limited Parking Per Unit: Each unit includes only an attached one-car garage, which may be insufficient for households with multiple vehicles, potentially leading to reliance on street parking in a residential area.
Absence of Specific Modern Upgrades: While well-maintained and freshly painted, the description does not detail specific modern interior upgrades or high-end finishes (e.g., smart home technology, gourmet kitchens beyond 'spacious') that might command premium rents or appeal to a broader, more affluent tenant base.

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