395 E Dunne Avenue, Morgan Hill, California 95037, Morgan Hill, - bed, bath
ACTIVE$1,399,000
395 E Dunne Avenue, Morgan Hill, California 95037
2Beds
1Bath
1,005Sqft
19,166Lot
Year Built
1920
Close
-
List price
$1.4M
Original List price
$1.4M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82007712
Home ConditionFair
Features
View-
About this home
Tenant occupied do not go direct, please make an appointment
Price History
Date
Event
Price
06/03/25
Listing
$1,399,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (124 Listings) | |
|---|---|---|---|
| Beds | 2 | 4 | 9% |
| Baths | 1 | 3 | 4% |
| Square foot | 1,005 | 2,254 | 3% |
| Lot Size | 19,166 | 8,880 | 78% |
| Price | $1.4M | $1.43M | 45% |
| Price per square foot | $1,392 | $666 | 99% |
| Built year | 1920 | 1990 | 2% |
| HOA | |||
| Days on market | 154 | 145 | 55% |
Condition Rating
Fair
Built in 1920, this property is aged but appears to be maintained. The hardwood floors are in good condition, and some areas have modern recessed lighting. However, the kitchen is significantly outdated with basic white appliances, old-style blue painted cabinets, and worn flooring, requiring a full renovation. The bathrooms are functional but feature dated tile and vanity styles. While livable, the property requires minor updates, particularly in the kitchen and bathrooms, to meet current aesthetic and functional standards.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19166, living area = 1005.
Expansive Lot Size: The generous 19,166 sqft lot offers substantial outdoor space and significant potential for expansion, landscaping, or adding an Accessory Dwelling Unit (ADU).
Strategic Morgan Hill Location: Situated in Morgan Hill, the property benefits from a desirable community with good schools and convenient access to Silicon Valley, enhancing its long-term value.
Significant Development Potential: The large lot combined with the older, smaller existing structure presents a prime opportunity for a tear-down and rebuild, or a major renovation/expansion project, appealing to developers or custom home builders.
Income-Generating Asset: Currently tenant-occupied, the property provides immediate rental income, making it an attractive option for investors seeking cash flow from day one.
Historic Character Potential: The 1920 build year suggests the possibility of unique architectural details and a charming aesthetic that can be preserved or enhanced during renovation, appealing to buyers who appreciate historical homes.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =19166, other record lot size in square feet = 18795.
Limited Living Space & High Price Point: The property's small 1,005 sqft footprint with only 2 beds/1 bath is disproportionate to its $1.399M list price, which is primarily driven by the land value, potentially limiting appeal to buyers seeking move-in ready homes or more living space for the cost.
Age-Related Renovation Needs: Built in 1920, the home is likely to require extensive updates to its systems (plumbing, electrical, HVAC) and finishes to meet modern standards and buyer expectations, implying significant additional investment.
Tenant Occupancy & Showing Challenges: Being tenant-occupied restricts showing flexibility and may deter potential buyers who prefer immediate access or a vacant property for easier inspections and renovations.