Property Overview:
309 S Buena Vista Ave is a single-family home in San Jose, CA, built in 1920. The main house features 2 bedrooms, 1 bathroom, and 1,225 sq. ft. of living space. The property includes a parking garage, heating system, and sits on a large 16,908 sq. ft. lot. The estimated home value is $1,043,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 12.4% (higher than state average of 11.8%).
- Property crime risk: 13.6% (higher than state average of 10.8%).
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Schools:
Nearby schools include Luther Burbank Elementary, Abraham Lincoln High, and Herbert Hoover Middle.- Average SAT score: 1057 (542 Math, 515 English) — above state average of 975.
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Job Market:
- 61.1% white-collar jobs, 38.9% blue-collar jobs.
- Unemployment rate: 3.5% (lower than state average of 4.7%).
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Demographics:
- Community population: 29,548 (10% growth since 2000).
- 52% families with children.
- Largest age group: 25-34 years (22.59%); second largest: 35-44 years (16.02%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 44.8°F (January), 78.6°F (July).
- Average rainfall: 13.5 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $60,578.
- Average annual spending: $48,757.
Property Features:
- Main House:
- 2 bedrooms, 1 bathroom, 1,225 sq. ft.
- Parking garage and heating system.
- Additional Structures:
- Unpermitted triplex in rear: three 1-bedroom units (unpermitted, age unknown, renovated and in good condition).
- Work shed and storage shed on property.
- Unpermitted unit in rear of house (no records of addition).
- Recent Upgrades:
- Repairs and capital improvements completed in 2024 to reduce future expenses.
- Zoning & Development:
- Zoned Mixed-Use Residential Character Area in the West San Carlos Urban Village Plan.
- Area experiencing significant new development; over 20,000 residential units in San Jose’s development pipeline.
- Investment Potential:
- Ideal for long-term hold and land-banking for future development.
- Currently generating rental revenue.
Location Benefits:
- Centrally located in a growing, family-oriented community.
- Development renaissance in the area with new mixed-use and residential projects.
- Strong school performance and job market.
- Potential for future redevelopment due to favorable zoning and lot size.