Listed 4 days ago · July 27, 2026 | MLS# ML82055674
$404/sqft -48% vs San Jose avg
What this means: Priced below the San Jose per-sqft average. Compare to recent sales below for context.
Est. $3,428/moP&I $2,076 · Tax $417 · Insurance $262 · HOA $674Assumes 20% down ($80,000) at 6.75% · Contact Timothy for a lender referralAegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
Active listing in San Jose, Santa Clara County. Convenient access to schools, parks, and Bay Area employment centers.
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Just Listed, 4 Days on Market
San Jose avg is 25 days. Early showings often see the most competition.
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2 Bed / 2 Bath / 989 sqft on N/A sqft Lot
Spec sheet at a glance. See full details below for interior, exterior, and lot features.
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OPEN FRI, 10AM TO 11:30AM
Tour the property in person. No appointment needed.
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Listed at $399K vs City Average $1.3M
$404/sqft compared to San Jose avg $784/sqft (-48.4%).
Best fit forActive BuyersSan Jose SearchersMove-Up / Move-In
About This Home
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!
MLS ID #ML82055674, John Jenkins. Listing provided by Compass · MLSListings Inc.
Interested in 5487 Makati CIR?
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Property Details
Property Type
Condominium
Year Built
1984
Bedrooms
2
Bathrooms
2 Full
Living Area
989 sqft
Lot Size
N/A sqft
Garage
N/A
Price/sqft
$404
County
SantaClara
MLS Number
ML82055674
Status
Active
Stories
N/A
HOA
$674/mo
Interior Features
CentralForcedAir_Gas
Exterior & Lot
Composition RoofPool
Location
This HomeActive ListingNew (3 days or less)Price ReducedOpen HouseSold
5487 Makati CIR, San Jose, CA 95123 · SantaClara County
Market Context
Price Positioning
$Price context: Listed at $404/sqft vs San Jose avg $784/sqft (48.4% below).
$Sale-to-list: San Jose homes selling at 101.9% of asking.
⏲Velocity: City avg 25 days. This home: 4 days.
🏠Inventory:146 2-bedroom homes currently available in San Jose.
Source: MLSListings Inc. Timothy Alston, Broker, DRE# 01328224.
Want to know what this home will actually sell for? Get a data-backed offer range based on recent comparable sales.
5487 Makati CIR is located in the BlossomValley_1 area of San Jose, California. This 2-bedroom, 2-bathroom condominium is listed for $399,999. Homes in BlossomValley_1 average $784 per square foot with an average of 25 days on market, making this one of the most actively watched markets in 95123.
2-Bedroom Homes for Sale in San Jose 95123
Browse 2-bedroom condominium listings in the BlossomValley_1 area of San Jose. Properties in 95123 are currently averaging $784 per square foot with 25 days on market.
What to Expect When Buying in BlossomValley_1
The BlossomValley_1 market in San Jose features a mix of condominium properties ranging from starter homes to luxury estates. Current inventory levels suggest active conditions for buyers in this area.
Listed at $399,999 ($404/sqft). San Jose avg is $784/sqft, placing this 48.4% below. Comparable recent sales help frame the value.
Listed 4 days (as of July 27, 2026). San Jose average is 25 days.
Est. $3,428/mo with 20% down ($80,000) at 6.75%. Includes principal & interest ($2,076), property tax ($417), and insurance ($262). HOA: $674/mo. Aegis Luxury Real Estate is a licensed California real estate brokerage (DRE# 01328224) and is not a mortgage lender, mortgage broker, or loan originator. The figures shown are estimates for general reference only and do not constitute a loan offer, pre-approval, pre-qualification, or commitment to lend. Estimates use the applicable county average property tax rate of 1.25% of home price annually. Actual rates, payments, taxes, and insurance vary by lender and borrower qualifications. Contact Timothy for a referral to one of our preferred lending partners.
There are 1298 active listings in San Jose (146 are 2-bedroom). At $399,999 this is positioned against the city average of $1,283,249. Similar homes have sold at 101.9% of asking.
2-bedroom homes in San Jose (95123) are currently averaging $784 per square foot. Market activity shows homes spending an average of 25 days on market in this area.
5487 Makati CIR in San Jose is currently listed at $399,999. This 2-bedroom, 2-bathroom condominium is located in the BlossomValley_1 area.
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListings™ MLS system. Real estate listings held by brokerage firms other than Aegis Luxury Real Estate are marked with the Internet Data Exchange icon (a stylized house) and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from the MLSListings MLS as of Jul 31, 2026 8:15 PM PT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
These statistics are generated using information from the MLSListings Inc. multiple listing service, but have not been verified and are not guaranteed. MLSListings Inc. disclaims any responsibility for the accuracy and reliability of these statistics. This information should not be relied upon for real estate transaction decisions.
Data updated every 15 minutes. Visit www.MLSListings.com for more information.
Information provided is for general informational purposes only. Equal Housing Opportunity. If you are currently working with a real estate agent, this is not intended as a solicitation.
Timothy Alston, Broker, DRE# 01328224, Aegis Luxury Real Estate, 10080 N. Wolfe Rd Ste SW3-200, Cupertino CA 95014. (408) 207-4593.
Last updated: Jul 31, 2026 8:15 PM PT | Source: MLSListings Inc.
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