748 Concord, San Jose, California 95128, San Jose, - bed, bath
ACTIVE UNDER CONTRACT$1,599,000
748 Concord, San Jose, California 95128
0Bed
0Bath
2,956Sqft
7,410Lot
Year Built
1959
Close
-
List price
$1.6M
Original List price
$1.68M
Price/Sqft
-
HOA
-
Days on market
80 Days
Sold On
2025-09-26
MLS number
ML82013778
Home ConditionFair
Features
Deck
Patio
ViewNone
About this home
All three units are thoughtfully arranged on a single level no stacked units. Located just minutes from the highly anticipated Google Village, this property sits in a prime, transit-friendly location with easy access to downtown San Jose, Caltrain, highways, shopping, dining, and major tech campuses. A rare chance to invest in a rapidly growing area while enjoying both convenience and income potential.
Price History
Date
Event
Price
09/02/25
Price Change
$1,599,000-0.7%
08/30/25
Price Change
$1,610,000-0.6%
08/24/25
Price Change
$1,620,000
07/08/25
Listing
$1,678,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (5 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,956 | 3,888 | 33% |
| Lot Size | 7,410 | 9,203 | 33% |
| Price | $1.6M | $1.85M | 33% |
| Price per square foot | $541 | $509 | 67% |
| Built year | 1959 | 9825984 | 33% |
| HOA | |||
| Days on market | 120 | 127 | 50% |
Condition Rating
Fair
The property was built in 1959, making it over 60 years old. While some areas show fresh paint and updated laminate flooring, the kitchen features significantly outdated white appliances, traditional dark wood cabinets, and older-style countertops. No bathroom images were provided, but based on the kitchen, they are likely also dated. The overall condition suggests regular upkeep and some cosmetic updates, but major components like the kitchen are functional yet show clear signs of being outdated and would require substantial renovation to meet modern standards. It is move-in ready but needs minor to moderate updates.
Pros & Cons
Pros
Multi-Unit Income Property: As a Triplex, the property offers immediate income potential and diversification, making it an attractive asset for investors.
Strategic Location: Situated minutes from the highly anticipated Google Village, downtown San Jose, Caltrain, highways, shopping, dining, and major tech campuses, ensuring strong tenant demand and potential for appreciation.
Single-Level Units: All three units are thoughtfully arranged on a single level, which enhances accessibility and broadens tenant appeal, potentially reducing vacancy rates.
High-Growth Investment Area: Located in a 'rapidly growing area,' this property presents a significant opportunity for long-term capital appreciation in a dynamic market.
Transit-Friendly Access: The property's transit-friendly location provides easy access to public transportation and major thoroughfares, appealing to commuters and enhancing its desirability.
Cons
Property Age: Built in 1959, the property is over 60 years old, which may imply older infrastructure and a higher likelihood of requiring significant maintenance or system upgrades (e.g., plumbing, electrical, HVAC).
Extended Market Time & Price Adjustments: With 80 days on market and multiple price reductions, the property may be facing challenges in attracting buyers at its initial valuation, potentially due to its condition or perceived value.
Limited Unit Specifics: The description lacks detailed information regarding the current condition of individual units, recent renovations, or existing rental income, which are crucial for a thorough investment analysis and may suggest unknown capital expenditures.