The property at 59 S Claremont Ave, San Jose, with its 2 bedrooms and 1 bath, holds a rent potential ranging from $2,595 to $3,033 per month. With the current market value estimates ranging between $902K and $1.2M, the payback period based on rental income would be approximately 25-30 years, assuming no major expenses. The East San Jose area is experiencing positive growth trends, with a 'hot' market badge. The property’s singular family design, along with its vintage charm from 1938 and a cozy fireplace, adds to its appeal, yet the single bathroom could be a limiting factor for renters seeking more modern amenities.
To boost its rental appeal, consider modernizing the property with updated interiors, particularly in the kitchen and bathroom areas. Adding a second bathroom could significantly enhance its marketability. For owners contemplating selling, focusing on cosmetic improvements and emphasizing the fireplace and pool features in marketing materials can attract interest, particularly from buyers intrigued by the property's historic character.