Home for Sale at 879 Franquette AVE, San Jose, CA 95125

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879 Franquette Ave
San Jose, CA 95125

Joe N. Pollifrone with Christie's International Real Estate Sereno, original listing - (408) 295-3111

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Property Details

List Price:	$6,390,000
Beds:	--
Baths:	--
Status:	Active
SqFt:	0 Square Feet
Agency:	Christie's International Real Estate Sereno
Agency Phone:	(408) 295-3111

Map Details Show Map | Show StreetView

Description/Comments

Lot Size:	0 acre(s)
Property Type:	Land-Other
Year Built:	--
Notes:	Rare... truly shovel-ready infill development opportunity in the heart of coveted Willow Glen! This fully-entitled 5 lot residential subdivision comes with a complete, City-approved permit package eliminating the two most costly hurdles in any infill project: entitlement risk and infrastructure planning. Builder can move directly from acquisition to construction with minimal delay. Franquette Avenue is a quiet residential street with convenient walking distance to downtown Willow Glen and the South Bay's most sought-after suburban amenities. Willow Glen consistently commands among the highest price-per-square-foot premiums for new construction in the South Bay, with sustained buyer demand for new construction and virtually no comparable new home inventory. This is a complete, permit-ready land position that developers wait years to find in the 95125 zip code!
MlsNumber:	--
ListingId:	ML82044071

Listing Provided By:	Christie's International Real Estate Sereno, original listing
Phone:	(408) 460-5469
Office Phone:	(408) 295-3111
Agent Name:	Joe N. Pollifrone
Disclaimer:	Copyright © 2026 MLS Listings, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest.

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VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale.

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