Property Overview:
723 S Almaden Ave is a single-family home in San Jose, CA, built in 1918. It features 2 bedrooms, 1 bathroom, and 880 sq. ft. of living space (with a bonus 1 bed & 1 bath added, totaling 3 beds, 2 baths). The home includes a parking garage and sits on a 5,900 sq. ft. lot. The estimated home value is $761,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 12.4% (higher than state average of 11.8%).
- Property crime risk: 10.5% (lower than state average of 10.8%).
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Schools:
Nearby schools include Rocketship Mateo Sheedy Elementary, Downtown College Preparatory, and Downtown College Preparatory Middle.- Average SAT score: 1057 (higher than state average of 975).
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Job Market:
- 57.5% blue-collar jobs, 42.5% white-collar jobs.
- Unemployment rate: 6.7% (higher than state average of 4.7%).
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Demographics:
- Community population: 17,443 (11% growth since 2000).
- 65% families with children.
- Largest age group: 25-34 years (23.41%); second largest: 35-44 years (16.85%).
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Natural Disaster Risk:
- High flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 43.3°F (January), 76.8°F (July).
- Average rainfall: 11.9 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $54,544.
- Average annual spending: $45,452.
Property Features:
- Bonus addition: 1 extra bedroom and 1 full bathroom (total 3 beds, 2 baths).
- Large rear yard with room to expand or build an ADU.
- Recently renovated:
- New bathroom appliances and vanities.
- Fresh paint, double-paned windows, and ceiling fans.
- Long driveway fits at least 4 cars; ample backyard storage.
- Mixed-use zoning: Residential & Commercial.
- Termite report on file.
- Property condition may restrict FHA/VA financing.
- Not a short sale.
Location Benefits:
- Centrally located in Downtown San Jose.
- Easy access to freeways and public transportation.
- Close to amenities: Shopping, dining, parks, Happy Hollow Zoo, Japanese Garden, Children’s Discovery Museum, Costco, banks, and groceries.
- Great opportunity for first-time buyers or those looking to expand.