4359 Venice Way, San Jose, California 95129, San Jose, - bed, bath
ACTIVE$2,799,888
4359 Venice Way, San Jose, California 95129
3Beds
2Baths
1,648Sqft
7,100Lot
Year Built
1957
Close
-
List price
$2.8M
Original List price
$2.8M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82019116
Home ConditionTear down
Features
View-
About this home
Fantastic Opportunity to acquire this amazing property, with endless possibilities and potential from, residential to income property to Commercial, live work and/or development opportunity. Buyer to Verify with the City as Seller/Broker make no representation. Property is currently income producing residential with spacious 3-bedroom, 2-bathroom PLUS 1bed/1 Bath ADU with rental income. Nestled in the vibrant city of San Jose, heart of Silicon Valley, with easy access to Santa Row, Shopping, highway 280, close proximity to Harker Academy of San Jose and more. *** PLEASE DO NOT DISTURB THE TENANTS ***
Price History
Date
Event
Price
08/28/25
Listing
$2,799,888
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (42 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,648 | 1,655 | 49% |
| Lot Size | 7,100 | 6,630 | 63% |
| Price | $2.8M | $2.8M | 50% |
| Price per square foot | $1,699 | $1,655 | 53% |
| Built year | 1957 | 1962 | 23% |
| HOA | |||
| Days on market | 69 | 118 | 26% |
Condition Rating
Tear down
The property was built in 1957, making it 67 years old. The listing description emphasizes 'endless possibilities and potential' and 'development opportunity,' which, combined with the high list price for the area and the absence of any mention of recent renovations, strongly suggests the value is primarily in the land. There are no interior images to assess the condition of the kitchen, bathrooms, or other interior features, but for a property of this age with no stated renovations, it is highly likely that the existing structure is considered a tear-down or requires extensive rehabilitation, making its value secondary to the land.
Pros & Cons
Pros
Versatile Potential: The property offers extensive potential for various uses, including residential, income-producing, commercial, live/work, and development opportunities, providing significant flexibility for future owners.
Income-Producing ADU: Includes a 1-bedroom, 1-bathroom Accessory Dwelling Unit (ADU) that is currently generating rental income, offering an immediate financial benefit and added value.
Prime Silicon Valley Location: Nestled in the vibrant city of San Jose, the property boasts easy access to Santa Row, major shopping, Highway 280, and close proximity to Harker Academy, making it highly desirable.
Generous Lot Size: With a substantial lot size of 7100 sqft, there is ample space for potential expansion, landscaping, or further development, enhancing its long-term value.
Current Income Generation: The property is currently income-producing, providing a steady revenue stream that can offset ownership costs or serve as an attractive investment.
Cons
Property Age & Potential Updates: Built in 1957, the property may require significant updates to its systems, infrastructure, and aesthetics to meet modern standards or buyer preferences, incurring additional costs.
Tenant Occupancy & Access Limitations: The presence of tenants and the 'do not disturb' directive can complicate property showings, inspections, and potentially delay the closing process or buyer possession.
Extensive Buyer Due Diligence Required: The broad claims of potential uses (commercial, development) are accompanied by a 'Buyer to Verify' clause, placing a significant burden on the buyer to conduct thorough and potentially costly investigations with the city.