82 Magellan Avenue, San Jose, California 95116, San Jose, - bed, bath

home-pic
PENDING$798,000
82 Magellan Avenue, San Jose, California 95116
3Beds
1Bath
1,100Sqft
5,250Lot
Year Built
1949
Close
-
List price
$798K
Original List price
$798K
Price/Sqft
-
HOA
-
Days on market
21 Days
Sold On
2025-11-18
MLS number
ML82025773
Home ConditionPoor
Features
Patio
View-

About this home

Welcome to this 4-bedroom, 2-bath single-family home located in the established community of East San Jose, CA. This well-loved home has been kept in its original condition, offering a fantastic opportunity for buyers looking to personalize and create their dream space. The floor plan features bright, open living areas that provide comfort and flexibility for families or future upgrades. Step outside to a backyard with beautiful pavers, perfect for entertaining, relaxing, or enjoying the California sunshine with minimal upkeep. Situated in a convenient East San Jose neighborhood, this property offers easy access to schools, shopping, parks, and major freewaysmaking it an ideal fit for first-time homebuyers or investors looking for a property with great potential.

Price History

Date
Event
Price
10/28/25
Listing
$798,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (27 Listings)
Beds33
50%
Baths12
14%
Square foot1,1001,285
25%
Lot Size5,2505,225
50%
Price$798K$1.03M
11%
Price per square foot$725$719
61%
Built year19499770980
39%
HOA
Days on market8159
4%
Condition Rating
Poor

Built in 1949 and described as being in its 'original condition,' this property requires substantial rehabilitation. The kitchen features severely outdated white cabinets, laminate countertops, and very old built-in appliances (double oven, gas cooktop), along with dated tile flooring. The single bathroom for a 3-bedroom home is also likely in original, outdated condition. Flooring throughout is a mix of old carpet, dated tile, and laminate. Major systems (electrical, plumbing, HVAC) are likely original and will require extensive updates, as indicated by 'Age-Related Maintenance Concerns' in the property analysis. While livable, it is far from modern standards and needs a complete overhaul.
Pros & Cons

Pros

Prime Location & Accessibility: Situated in a convenient East San Jose neighborhood, this property offers easy access to schools, shopping, parks, and major freeways, enhancing daily convenience and long-term value.
Strong Investment/Value-Add Opportunity: Described as being in its original condition, the home presents a fantastic opportunity for buyers or investors to personalize and upgrade, creating significant potential for appreciation.
Desirable Outdoor Entertainment Space: The backyard features beautiful pavers, providing a low-maintenance and attractive area perfect for entertaining, relaxation, and enjoying the California sunshine.
Proven Market Appeal: The property's 'Pending' status after only 21 days on market indicates strong buyer interest and market acceptance at the current price point.
Functional & Flexible Floor Plan: The home boasts bright, open living areas that offer comfort and flexibility, providing a solid foundation for future modifications or immediate enjoyment.

Cons

Extensive Renovation Required: The property has been kept in its original condition since 1949, suggesting that significant updates to systems, finishes, and aesthetics will be necessary, incurring substantial costs and effort for the buyer.
Limited Bathroom Count: With only 1 bathroom for a 3-bedroom home, it may not meet the needs of larger families or modern buyer expectations, potentially limiting its appeal and functionality.
Age-Related Maintenance Concerns: As a 1949 build, the property is susceptible to age-related issues with plumbing, electrical, and other core systems, which could lead to unexpected repair expenses for the new owner.

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