Property Overview:
727 S Almaden Ave is a single-family home in San Jose, CA, built in 1890. It features 3 bedrooms, 2 bathrooms, and 904 sq. ft. of living space. The home includes a parking garage, a large basement, and sits on a 0.10-acre lot. The estimated home value is $605,200 (last sold for $475,000 in 2018). Currently listed for $999,900.
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%).
- Located in a top 35 U.S. job market with 1.1 million workers and 15 Fortune 500 companies (including Intel, Cisco, Apple, Netflix, and soon Google).
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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:
- Large basement with potential for development.
- Zoned for multi-family and mixed-use; ideal for building an Accessory Dwelling Unit (ADU).
- No direct comps—a unique investment opportunity.
- Lot size: 0.10 acres (2,026 sq. ft. R-1-8 zoning).
- Versatile space for investors or first-time buyers.
Location Benefits:
- Minutes from major highways (280, 87), shopping hubs, and 10 minutes to Downtown San Jose and San Jose State University.
- Central location in the heart of Silicon Valley.
- Strong employment base and proximity to major tech companies.
- Vast potential for development and strategic investment in a vibrant, growing community.