It’s Friday! Time to wrap up San Jose week! Here’s the final entry!

3262 Firth Way, San Jose, CA 95121 Evergreen MLS# 80776102 - Property Details
$299,000

* Status: Active
* Bedroom: 2
* Bathroom: 1
* Year Built: 1971
* Lot Size: 5300
* Square Footage: 805
* List Date: 2/2/2008
* Garage Spaces: 2

* MLS#: 80776102
Beautiful home close to freeway and shopping center. New hardwood floor and remodeled bathroom. Go and show it.

Are there any Realtor photo competitions coming up soon? I’d really like to enter this photo into a competition. The haunting light really enthralls attracts me. It has this ominous beckoning sensation - telling me to come to the house. That once I do, the glory of light and hope will instantly radiate as the SOLD sign is planted into the fertile soil.

It’s quite the breathless composition - wouldn’t you agree?

I also like the Realtor’s captivating caption: “Go and show it.” Go and show it - I command thee. Biblical reference?

I think it’s time for a captioning contest - what would you call this photo?

I’m thinking: “Good Morning San Jose”

Welcome to Day 1 of San Jose week here at Burbed! Let’s look at our first entry:

2022 Huran Dr, San Jose, CA 95122 Alum Rock MLS# 80785678 - Property Details
$249,900

* Status: Active
* Bedroom: 3
* Bathroom: 1
* Year Built: 1960
* Lot Size: 5670
* Square Footage: 912
* List Date: 3/17/2008

* Garage Spaces: 2
A single family home for this price!! Unreal! Ideal home for first time buyer * Large back yard * convenient location * A little TLC will go so far * Check out this price * Why buy a condo when you can buy a single family home at this price * Hurry don’t wait.

Seriously! A 3 bedroom, 1 bathroom house for just $249,000? This is completely unreal! And it’s in a very, very, very convenient location.

What’s even more unreal is the instant equity you’ll gain when you buy this fine piece of real estate! Let’s look at what the Big Z has to say:

ZESTIMATE®: $363,000

Sold 09/12/2007: $515,056

OMG OMG OMG!

$256k+ of instant equity can be yours!

What’s stopping you now? Oh I see - you have to get married so you can get that additional $6k of profit tax free! Alright… but after that, it’s straight to this house, got it?

2222 Francisco BLVD, Pacifica, CA 94044 West Sharp Park MLS# 80821476 - Property Details
$286,900

* Status: Active
* Bedroom: 1
* Bathroom: 1
* Year Built: 1948
* Lot Size: N/A
* Square Footage: N/A
* List Date: 7/14/2008
* Garage Spaces: 1
* MLS#: 80821476

Complete fixer!!! Everything needs replacing. Do not enter. Property is sold “As Is”. Trash and garbage have not been removed. Public records do not state Sq Ft of lot nor building. Age is an estimate. Bulldoze and start from scratch.

Burbed has seen a lot of strange properties, but this find by Burbed reader sonarrat really takes the cake. The outside isn’t great - but it’s not super bad either. Let’s take a look at some interior photos:

Wow. Just wow.

But just think: buy it, bulldoze it, build a new house? Hey - suddenly you’ve got a pretty nice piece of real estate in Pacifica.

And this brings us to Friday’s “Write a story about what happened here” contest.

So… what do you think happened here? Let’s get those creative juices flowing!

Coldwell Banker Residential Brokerage presents CaliforniaMoves.com
296 CARLYLE CT
Gilroy, CA, 95020 offered at $249,900

Stop SlideshowStart Slideshow

Bedrooms: 3 Bathrooms: 1 Full
Apprx. Sq. Feet: 1123 Year Built: 1972
Request More Info Schedule A Showing

Great Starter Home. Large Corner Lot with access to Backyard from Street. Walking Distance to Neighborhood Park. Vaulted Ceiling and Fireplace in Living Room. Covered Patio off Kitchen. Conveniently located to shopping centers and Easy Access to Highway 101. Lots of Potential.

Even though we all know that Gilroy is no longer part of the Real Bay Area (if even the Bay Area itself!), Burbed doesn’t really feature it so often.

That said, Burbed reader Jackie did find this great starter home. Wow what a beaut!

To all you RE investors - is now the hot time to buy here? Will Gilroy be the next Foster City? What appreciation should we expect?

1470 17th Ave, Oakland, CA 94606 MLS# 80784432 - Property Details

$289,000

* Status: Active
* Bedroom: 2
* Bathroom: 2
* Year Built: 1910
* Lot Size: 1498
* Square Footage: 744
* List Date: 3/14/2008
* Garage Spaces: 1

* MLS#: 80784432
Rare opportunity! You can own a single home for less than $300,000. Very cozy 2 bedroom and 2 full baths in a very quite neighborhood. Close to Hwy 880 and walking distance to park. This home has alot of upside potential and ideal for the first time home buyer.

Burbed doesn’t usually venture to Oakland, but since Burbed reader Alex sent this in, I figure I’d share it with you.

Frankly, I’m tired of people complaining that there’s no affordable house in the Bay Area. Oakland is part of the Bay Area, not the Real Bay Area, but the Bay Area nonetheless. This house has very easy access to 880, another draw.

But what I think fascinated Alex the most was some of the photos that the Real Estate agent felt necessary to include. Let’s take look:

Sweet! You get a pair of men’s legs and the right to sleep in your living room. You can totally be all starving artist like here. Like Salvatore Dali!

Wow. Check out this awesome kitchen. It leaves me speechless. But suddenly I’m sort of wondering if this is actually also the bathroom. How confusing.

Anyway, you get the point. There’s plenty of affordable housing - you just have to quit being whiny!

389 Menker Ave, San Jose, CA 95128 Central San Jose MLS# 80819650 - Property Details
389 Menker Ave, San Jose, CA 95128

$289,000

* Status: Active
* Bedroom: 3
* Bathroom: 2
* Year Built: 1928
* Lot Size: 2613
* Square Footage: 1000
* List Date: 7/6/2008
* Garage Spaces: 1
* MLS#: 80819650
Great Starter Home. 3 Bedroom 2 Baths. Like A Condo With No Association Fee..Low Maintenance…Centrally Located…Make Offer..Lender Will “Not” Credit Buyer For Closing Cost…

And to think all those bubble heads complain that there’s no affordable housing in San Jose. Come on! $289,000 for 1000 sqft? This is a steal.

Just note that the lender will “not” credit buyer for closing cost. “not” my friends, “not”.

But I think the real reason that long time Burbed reader Brendan submitted this was because of the instant equity opportunity. You see, Zillow gives this a zestimate of $746,500.

Seriously.

That’s $457,500 in instant equity.

Seriously.

If you’re not buying this house right now, I don’t know what you’re thinking. I’m surprised Brendan isn’t - but maybe he’s just afraid of the rain of riches that would descend on him like $457,500 in instant equity.

Like the ad says: “Make Offer”!

170 Northumberland Ave, Redwood City, CA 94063 MLS# 80780395 - Property Details
170 Northumberland Ave, Redwood City, CA 94063

$249,000

* Status: Active
* Bedroom: 2
* Bathroom: 1
* Year Built: 1905
* Lot Size: 2625
* Square Footage: 630
* List Date: 2/25/2008
* Garage Spaces: 1

* MLS#: 80780395
Charming doll house very well maintained, granite tile counter tops in kitchen area.Walking distance to Target Regency Shopping Center, Bus & train station.2nd bedroom converted into a Livingroom. A must see, make offer before it’s gone!!!

In today’s edition of “The Bottom Of The Real Estate Market Has Been Reached”, Burbed reader Pralay has shared with us this fine dollhouse located in Redwood City. At 630 sqft, this is the perfect buy for the Atherton princess who has everything! Maybe Barbie really needs granite countertops so she can make fantastic meals for Ken!

Christmas sales happens earlier every year, so now is the time to stock up and save, save, SAVE! Heck, this house even comes with a Christmas wreath so you don’t need to wrap it up or anything. Plus, as this house was last sold on April Fools Day in 2005 for $485,000, you can be sure that this is an investment in your daughter’s future. Did I just hear a certain Barbie doll earn $236,000 in instant equity?

Doesn’t your little princess deserve the best?

1547 FLORIDA Ave San Jose, CA 95122
Price: $290,000

Beds:     3
Baths:     1
Sq. Ft.:     960
$/Sq. Ft.:     $302
Lot Size:     5,777 Sq. Ft.
Age (Years):    49
Year Built:    1959
Type:    Detached Single Family
Style:    Ranch
Stories:    1 Story
View(s):    Neighborhood
Neighborhood:    Alum Rock
County:     Santa Clara
MLS#:     80779155
Source:     MLSListings
Status:     Active
On Redfin:     166 days
Unsold in 90+ days
Beautiful, remodeled home, tile kitchen floors and counters, large covered patio, garage converted to living area w/ two bedrooms.

Wow. Just wow.

Another day, another house that proves that real estate prices have absolutely hit the bottom here. THE BOTTOM.

Now, when Burbed reader Michele submitted this house, she thought that perhaps Fred Flintstone
or Barney Rubble lived in it. (Definitely not the Pope - he lives in Willow Glen)

Actually, the fact is that this house pays homage to Silicon Valley’s defense industry past. Yep, that’s right - this house is actually a test site for the new HouseCamo(flage) system. By blending in with its surroundings, this house simply disappears from terrorists and rapists - who would might otherwise try to attack and steal your instant equity from you. And you certainly wouldn’t want that to happen!

Better act soon - at this price, holy cow it’s going to disappear fast.

I hear there’s already a potential buyer lined up: