603 Penitencia Street, Milpitas, California 95035, Milpitas, - bed, bath

home-pic
ACTIVE$1,799,000
603 Penitencia Street, Milpitas, California 95035
0Bed
0Bath
1,860Sqft
11,025Lot
Year Built
1961
Close
-
List price
$1.8M
Original List price
$1.9M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML82018992
Home ConditionExcellent
Features
Good View: Mountain(s)
Patio
ViewMountain(s)

About this home

Rare opportunity to own this expansive single-story Duplex in Curtner Estates*Top Rated Curtner Elementary*Sitting on a quarter-acre corner lot, this duplex offers a wonderful investment opportunity*New Roof* New Fence*Both Units have been remodeled with New Kitchen & Baths*New Central Heating & Cooling*New Tankless Water Heaters*New Copper Piping* New Insulation in Walls & Ceilings* New Recessed Lighting*Laminate Flooring*Tile in Kitchen & Bathrooms*All New Window Shades*All New Interior/Cabinet Doors*Both Units are Individually metered for Gas*The occupied unit 603 features: 3 bedrooms, 2 full bathrooms, living room, kitchen, complete remodel single car garage with washer/dryer, and an oversized private backyard. The occupied unit 605 features: 3 bedrooms, 2 full bathrooms, living room, kitchen, sun room, complete remodel single car garage with washer/dryer, and an oversized private backyard. Great for Owner-User or Large Family*Easy access to both 680 and 880 makes commuting convenient *Must See!

Nearby schools

7/10
Anthony Spangler Elementary School
Public,K-60.3mi
8/10
Curtner Elementary School
Public,K-60.4mi
9/10
Thomas Russell Middle School
Public,7-81.5mi
9/10
Milpitas High School
Public,9-121.3mi

Price History

Date
Event
Price
10/01/25
Price Change
$1,799,000-2.7%
09/13/25
Price Change
$1,849,000-2.6%
08/27/25
Listing
$1,899,000
Condition Rating
Excellent

Despite being built in 1961, the property has undergone an extensive and recent renovation, as explicitly stated in the description. Key updates include new kitchens and bathrooms, new central heating & cooling, new tankless water heaters, new copper piping, new insulation, new recessed lighting, laminate flooring, and tile in kitchens and bathrooms. The images confirm these updates, showcasing modern white shaker cabinets, stainless steel appliances, contemporary bathroom vanities, and clean tile work. All visible components appear new or virtually new, meeting current quality standards with no signs of deferred maintenance, aligning perfectly with the 'excellent' criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Extensive Modern Upgrades: Both units have undergone a comprehensive remodel, including new kitchens, baths, central heating & cooling, tankless water heaters, copper piping, insulation, recessed lighting, flooring, window shades, and interior/cabinet doors, significantly enhancing appeal and reducing immediate maintenance.
Income-Generating Duplex: This property is a duplex, offering a valuable investment opportunity for rental income or a flexible owner-user scenario, with both units individually metered for gas.
Large Quarter-Acre Corner Lot: Situated on an expansive 11,025 sqft corner lot, providing ample outdoor space, privacy, and potential for future landscaping or expansion (subject to local zoning).
Top-Rated School District: Located within a highly-regarded school district, including the 'Top Rated Curtner Elementary' (rating 8) and high-rated middle and high schools, making it attractive to families.
New Major Infrastructure: Key structural and utility components such as the roof, fence, central heating & cooling, tankless water heaters, and copper piping are all new, minimizing immediate capital expenditures for a buyer.

Cons

Recent Price Reductions: The property has seen two price reductions from its original list price of $1.899M to $1.799M, which may suggest initial overpricing or market resistance.
Occupied Units: Both units are currently occupied, which could present challenges for immediate owner-occupancy or flexible showing schedules, and may require navigating tenant rights and lease agreements.
Original Construction Year: Despite extensive remodels, the property's original construction year of 1961 means that some underlying structural elements are older, which could be a consideration for certain buyers.

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