Showing posts with label Real Estate. Show all posts
Showing posts with label Real Estate. Show all posts

Tuesday, March 10, 2026

There are Still Some Affordable Homes in San Jose

The median price of Silicon Valley homes just hit the eye-watering $2 million mark, meaning half of all homes in the San Jose metro sold for $2 million or more in 2025. Fortunately, there are still some rare affordable options out there under $1 million in San Jose. Below is one option in particular that is personal to me since a family member is selling it.

The home is a two-unit duplex near Little Portugal that is listed at $979,888. The 1948-built property combines two separate 2-bedroom, 1-bathroom units in a 1,462 square foot building across a 5,250-square-foot lot. The rear unit has a private backyard and detached two-car garage.

You could live in one unit and rent out the other, making it even more affordable, or rent out both as an investment property. I've seen both options for this home in my lifetime.

It has easy access to Highways 101, 680, and 280 and is walking distance to the BRT station on Alum Rock & King. It's also an easy walk to Plata Arroyo Park with soccer fields, basketball courts, a skatepark, playgrounds, and an outdoor gym.

If you or anyone you know is interested, please contact the listing agent at kalina.vu.santos@gmail.com or (408) 888-1178.


Wednesday, April 9, 2025

Alviso's Tech Transformation: A New Data Center Hub

San Jose's northern district of Alviso is stepping into the spotlight with a bold new proposal. A massive data center is on the horizon, set to transform a patch of land once dreamed up as part of an entertainment district.

Located near the popular Topgolf venue, this proposed development includes a three-story data center spanning 295,100 square feet, paired with a three-story energy supply facility adding another 167,400 square feet—totaling a whopping 462,500 square feet. This is a step up from an earlier proposal of 346,900 square feet, showing growing ambition for the site.

The story of this land adds a fascinating twist. Back in 2018, Terra Ventures envisioned an entertainment district here, complete with restaurants, shops, hotels, and the Topgolf that’s now a local favorite. While most of that vision didn’t materialize—one hotel site at 7 Topgolf Drive even faced foreclosure—the area is now pivoting to tech and residential growth. That same hotel site is being considered for 780 affordable apartments, proving San Jose’s ability to adapt and thrive.

Challenges like securing enough electricity for the data center and financing affordable housing are real, but they haven’t slowed the excitement. This project could help draw more tech giants, spark job growth, and solidify San Jose’s place as a global tech powerhouse.

Source: The Mercury News



Monday, April 7, 2025

New Affordable Housing Project on The Alameda in San Jose

A new affordable housing project takes shape near Downtown, offering a beacon of hope amid the city’s ongoing housing challenges. As reported by The Mercury News, this development is more than just a collection of apartments—it’s a bold move to make San Jose a more inclusive, thriving place to live.

What sets this project apart is its use of advanced construction techniques, which could pave the way for faster, more cost-effective housing solutions across the region. The units are built offsite leveraging modular construction, and then assembled like LEGOs at the final construction site. The apartments are tailored to low-income residents, featuring a variety of unit sizes to accommodate different families and individuals.

The project will come in at seven stories and include 120 parking spaces, some of which are below ground. Amenities would include a rooftop deck, gym, and a lounge area.

Beyond the homes themselves, this project promises a boost to San Jose’s economy. Construction will generate jobs, and once residents settle in, local businesses near Downtown are likely to see increased foot traffic and spending. This ripple effect underscores how affordable housing isn’t just about shelter—it’s about strengthening the entire community. San Jose’s growth as a tech and innovation hub depends on its ability to support all its residents, and developments like this help make that vision a reality.

This effort fits into a broader wave of progress in San Jose. From workforce housing to mixed-use projects, the city is embracing creative solutions to meet its housing needs. Partnerships between developers, city leaders, and community groups are driving these initiatives forward, proving that collaboration can yield real results. As San Jose evolves, it’s carving out a reputation as a city that balances ambition with accessibility—a place where opportunity isn’t just for the few, but for everyone.