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5487 Makati Circle, San Jose, CA 95123

$399,999
  • 5487 Makati Circle, San Jose, CA 95123 Main Photo

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New to the Market Active
BEDS2 BATHS2 full SQUARE FEET989 MLS#ML82055674
STATUSActive PROPERTY TYPEResidential - Condominium SCHOOLOther

Listing Courtesy of: Compass
Agency Phone: (408) 358-1111
Associate Name: John Jenkins
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Listing Shown by: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000


Property Description

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!

5487 Makati Circle | MLS# ML82055674

This condo located at 5487 Makati Circle, San Jose, CA 95123 is currently listed for sale with an asking price of $399,999. This property was built in 1984 and has 2 bedrooms and 2 full baths with 989 sq. ft. Makati Circle is located within the Other school district. Search San Jose real estate on www.cce-escrow.com today.

Property Features

Property Type: Residential - Condominium
Cooling: None
Roof Type: Composition
Stories: 1.0
Year Built: 1984

Feature Descriptions

Appliances: Dishwasher, ElectricCooktop, Disposal, Refrigerator, RangeHood
Association Amenities: Clubhouse, Pool, RecreationRoom, SpaHotTub, Trash
Days on Site: 5
Fireplace: LivingRoom, WoodBurning
Flooring: Carpet, Tile, Wood
HOA Fee: 674/ Monthly
Parcel#: 69238013
Parking: Carport
Parking Notes: Carport
Pool: Association
Sewer: PublicSewer
Special View Info: ParkGreenbelt
Water: Public

Local Schools

High School: Oak Grove
Middle School: Bernal Intermediate
Elementary School: Other
School District: Other

Listed By / Shown By

Listed By

Agency Name: Compass
Agent Name: John Jenkins
Agency Phone: (408) 358-1111

Shown By

Agency Title: Watson Realty - Central California Escrow
Agency Phone: (661) 716-5000

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Estimate Your Payment

Estimated Payment

$ 1,006.89 per month $890.23 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.67 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/02/2026. The listing information on this page last changed on 08/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 08/02/2026 12:02:03 AM EST) or CRMLS (last updated Sat 08/01/2026 11:49:19 PM EST) or GEMLS (last updated Sat 08/01/2026 11:13:17 PM EST) or Tehachapi MLS (last updated Sat 08/01/2026 11:00:36 PM EST). Real estate listings held by brokerage firms other than Watson Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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