3366 Meridian Ave, San Jose, CA 95124

A Great Investment Opportunity in San Jose, CA Property Details A classic single-family house featuring 5 bedrooms, 2.5 bathrooms, and 2,690 sqft of living space on a 6,306 sqft lot with an attached 2-car garage. • Roof: Good • Furnace: Good • AC: Good • Plumbing: Good • Electrical Panel: Good • Water Heater: Good The property will be delivered vacant at closing. Investment Highlights • Retail-ready property requiring only light cosmetic updates - exterior paint, interior paint, partial flooring, landscaping, and new appliances ($61K scope of work) • Hot market with strong demand - properties selling in 1-2 months with significant overbids ($113K-$250K above asking on comparable sales) • One of the largest homes in the area at 2,690 sqft - rare two-story layout in this neighborhood • Prime location in desirable San Jose neighborhood near top-rated schools (8/10 Pioneer High School) and Silicon Valley with low crime and minimal flood risk • Strong comparable sales support ARV - recent sales ranging from $2.11M to $2.15M with similar features • As-is comparable next door sold for $1.85M, demonstrating strong equity position at purchase • Expected gained equity at purchase: $50,000 with total project equity and cash of $130,000 • Quick 2-month project timeline for maximum ROI • High buyer interest in zip code - average of 48 interested buyers per deal with 80% sales success rate Financial Summary • ARV (After Repair Value): $2,100,000 - $2,200,000 A Wonderful Wholetail/Flip Opportunity!