Active Open Tuesday 07/28 4:30 PM-6 PM

5487 Makati Circle

San Jose, CA 95123
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$399,999 $1,686/Mo
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Bed 2

Bed

Bath 2

Bath

SqFt989

Sqft

Contractor Special! Incredible Opportunity to Build Instant Equity in Desirable South San Jose! Unlock the potential of this ground-floor condo in the sought-after Terrace Villas community. This 2-bedroom, 2-bath home offers 989 square feet with soaring cathedral ceilings, a wood-burning fireplace, interior laundry, and a functional floor plan ready for your vision. A true fixer-upper, this probate sale presents an outstanding opportunity for investors, contractors, flippers, or buyers looking to renovate and build instant equity. Updated units in the community have recently sold for approximately $575,000. Property will likely require an all-cash purchase. Nestled among mature trees and lush landscaping, Terrace Villas offers a community pool, spa, clubhouse, and beautifully maintained grounds. Conveniently located near Village Oaks Shopping Center, restaurants, parks, Kaiser Permanente, and Highways 85 and 101. Schools include Alex Anderson Elementary, Bernal Intermediate, and Oak Grove High School (buyer to verify). HOA dues are $674 per month. Don't miss this chance to transform a diamond in the rough into something truly special!

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Detail Ic Property Details

Property Type : Residential

Price : $399,999

AD Id : 88516512

MLS Id : ML82055674

Beds : 2

Living Area Size : 989

Year Built : 1984

County : Santa Clara

Open House Open House

  • 07/28 4:30 PM-6 PM
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Feature Features

  • Bedroom Information

    Total beds: 2

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Roofing Information

    Composition

    Flooring Information

    Carpet, Tile, Wood

  • Interior Features

    Roof: Composition
    Appliances: Dishwasher, ElectricCooktop, Disposal, Refrigerator, RangeHood

  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1984
    Pool Features: Association
    Private Pool: No
    View: ParkGreenbelt
    Association Fee Frequency: Monthly

  • Lot Information

    Lot Size Source: Assessor

  • Listing Price Information

    Listing Price: $399999

  • Tax Information

    Parcel Number: 69238013

  • Virtual Tour

    Virtual Tour (External Link)

    Parking Information

    Parking Total: 1 Carport

    Homeowners Association Information

    Has Association: Yes
    HOA: $674.00
    Association Amenities: Clubhouse, Pool, RecreationRoom, SpaHotTub, Trash

  • School Information

    Elementary School: Other Junior High School: Bernal Intermediate Senior High School: Oak Grove

  • Location Information

    Direction: Cross Street: Rochester Ave. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Calmor #3, San Jose, CA, 95123 $515,000 2 1 903 903 SqFt
Allen Avenue #4, San Jose, CA, 95123 $494,950 2 1 798 798 SqFt
Judith Street #3, San Jose, CA, 95123 $549,000 2 1 903 903 SqFt
5951 Sunstone Drive #215, San Jose, CA, 95123 $549,000 2 1 800 800 SqFt
5933 Sunstone Drive #306, San Jose, CA, 95123 $788,888 3 2 1,306 1,306 SqFt
5933 Sunstone Drive #218, San Jose, CA, 95123 $699,000 2 2 1,229 1,229 SqFt
5280 Makati Circle, San Jose, CA, 95123 $535,000 2 2 989 989 SqFt
5192 Makati, San Jose, CA, 95123 $630,000 2 2 1,233 1,233 SqFt
5232 Makati Circle, San Jose, CA, 95123 $610,000 2 2 1,233 1,233 SqFt
5696 Makati Circle #D, San Jose, CA, 95123 $599,000 2 2 989 989 SqFt

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 07/28/2026 @ 14:18

MLS: ML82055674 LISTED BY: John Jenkins, Compass 408-358-1111 SOURCE: CRMLS

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