Home | Santa Clara County | San Jose | 95123 | 5487 Makati Cir
MLS: ML82055674 | Status: Active | Price: $399,999
Beds/Baths: 2 / 2
Property Type: Residential
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| 2 | 2 | 989 | – | 1984 |
| Date | Time | Hosted By |
|---|---|---|
| Friday, July 31 | 10:00 am - 11:30 am | Vinit Desai |
| Saturday, August 1 | 10:00 am - 11:30 am | John Jenkins |
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!
| Field | Value |
|---|---|
| MLS # | ML82055674 |
| MLS Source | MLSListings, Inc. |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Bedrooms | Ground Floor Bedroom |
| Bathrooms | Primary - Stall Shower(s), Shower and Tub, Full on Ground Floor |
| Kitchen | Countertop - Tile |
| Appliances | Cooktop - Electric, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator |
| Dining Room | Dining Area |
| Family Room | No Family Room |
| Fireplace | Living Room, Wood Burning |
| Flooring | Carpet, Hardwood, Tile, Vinyl/Linoleum |
| Laundry | Inside |
| Cooling | None |
| Heating | Central Forced Air - Gas |
| Feature | Details |
|---|---|
| Roof | Composition |
| Foundation | Concrete Perimeter and Slab |
| Pool | Community Facility |
| Feature | Details |
|---|---|
| Garage/Parking | Assigned Spaces, Carport, Parking Area, Garage: 0 Car(s) |
| Elementary District | Oak Grove Elementary |
| High School District | East Side Union High |
| Sewer | Public Sewer |
| Water | Public |
| HOA Fee | $674 |
| HOA Fee Frequency | Monthly |
| Complex Amenities | Club House, Community Pool |
| Zoning | SJ |
John Jenkins
Compass
License #: 01291177
Phone: (408) 823-3600
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 5479 Tyhurst Wkwy 1 | $478,000 | 2 | 1 | 810 | Contingent |
| 5461 Spinnaker Wkwy 3 | $479,990 | 2 | 1 | 903 | Active |
| 5534 Makati Cir | $424,888 | 1 | 1 | 552 | PendingDoNotShow |
| 303 Tradewinds Dr 10 | $479,000 | 2 | 1 | 959 | Active |
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This listing information is up-to-date as of July 29, 2026. For the most current information, please contact John Jenkins, (408) 823-3600.