5487 Makati CIR, SAN JOSE, CA 95123

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$399,999

bedrooms

bathrooms

square feet

989

Acreage

Open Houses

year built

1984

Full Baths

Half Baths

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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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MLS number: ML82055674

Listing status: Active

Listing agent: John Jenkins #01291177

Listing broker: Compass (212) 913-9058

Last update: Wednesday, July 29 2026 at 9:54 a.m. EDT

Kotohomes National