We do private tours all the time during weekdays or during weekend mornings. Just came back from one. I have done tours within a day of house being listed. This is the first time I am seeing an OH for general public on Thursday morning. May be I missed them.
Agree, it looks like a blue collar neighborhood. A lot of houses in 3BD/1BA configuration and smaller (<1200 sq ft). No family rooms and at least one bedroom that is too small to be used as a real bedroom.
Most of the houses now coming up have been upgraded nicely for selling by the owners. Or flippers have updated them significantly.
Squeezing 4 BD/2BA in 1100 Sq ft. This is upcoming
makes burlingame ones i posted elsewhere look like steal 
No, not really.
sure.
if you look at price per sq ft
Did you mean this one
https://www.redfin.com/CA/Santa-Clara/2609-Elliot-St-95051/home/674884
Sold May 25: 1.06M
Listed July 11: 1.49M
how much can a contractor invest and accomplish in short 1.5 months to justify a $500K increase
How can they fit “4 beds, 2 bath, living room, family room, dining room, kitchen in 1315sf”? 
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garage?
That house looks blue from the street, but the closer pics look grey. It clearly looks like:
- New flooring
- New kitchen cabinets, counter tops, and appliances (no fridge)
- Fresh paint
- New/updated fireplace
- Recess lighting is probably new
- Are the windows and sliding glass door new?
- Bathrooms are updated
- New landscaping
It’d be nicer if they full opened up the kitchen and made that an island. I bet the wall was structural, since they kept the ends and a large header. They probably did the work opening up that wall too.
The bedrooms are TINY. I think it’d be more desirable to only have 3 but make them larger. That or at least turn 2 into a larger master bedroom.
Imagine, this home comes with the privilege of paying $16,000+/yr in property taxes too. That $1,333/mo is more than most of America pays for PITI or rent. It’s hard to feel like you “own” a home when property taxes are a mortgage payment.
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Its simple. First you put 4 BD/2BA living, dinning and kitchen in 1050 Sq ft. After that it’s just a matter of putting 250 sq ft for the family room. You can easily fit a family room in 250 sq ft.
PS: Many properties in this area with 4 BD/2BA between 1000-1200 sq ft. Missing only family room.
Family room and living room are redundant. I would get rid of living room, connect family room and dining room as a single open space.
This design can add 1 bedroom to each house. Our housing shortage can be reduced by 33%.
Become a HDB unit 
Easy, they got an awesome deal off market. This would have gone for easily 1.2M if it actually went on MLS.
Also this neighborhood is a lot nicer overall feeling than the houses on the west side of Bowers/Monroe like where the OP was.
The investor is a high tech drop out; not a contractor. I suspect some technie will pay the asked price for it. There are a few of them showing me flips they have done not on the market with even higher mark ups.
The Goog developers did not pay much at Tamien Station. $1.3M for .4 ac designated for condos. Another 5 parcels went for 5.5M forget how many 100s units they can build. These spec rentals nearby selling 1-2M today one has to wait until 2025-2027 before the offices are ready. Right now few of the residents there even speak English. To hoard a home on a larger lot near Goog Village today is not the same buying a home at court house for a song in EPA.
Sam Shueh
Price drop $80K
The area close to Lawrence and Monroe has 3 flipper homes within 1 mile of each other for OH this weekend.
Looks like flippers are starting to see the market as risky
Price drop ($70K)
Check property history. The price was dropped even before the listing?