603 Penitencia Street, Milpitas, CA 95035
Local realty services provided by:Better Homes and Gardens Real Estate Reliance Partners
603 Penitencia Street,Milpitas, CA 95035
$1,800,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: inary zou
Office: keller williams thrive
MLS#:82039573
Source:CAREIL
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Price summary
- Price:$1,800,000
About this home
Rare opportunity to own an expansive single-story duplex situated on a premium quarter-acre corner lot in one of Silicon Valleys most desirable cities. This versatile property offers a compelling blend of immediate rental income, significant recent upgrades, and future development potential. The property features two well-proportioned units, including one tenant-occupied unit providing stable income and one unit (lease end in May) ideal for owner-occupancy or premium rental. Both units have been improved with approximately $200K in total renovations, enhancing overall condition and livability. Upgrades include new luxury vinyl flooring, fresh interior paint, updated kitchen cabinetry, granite countertops, reroof and more. Each unit enjoys its own oversized private backyard, along with an attached garage featuring washer/dryer hookups, offering both comfort and convenience.The expansive quarter-acre corner lot presents excellent ADU and expansion possibilities (buyer to verify with city), creating additional income potential and long-term upside.Ideally located with easy access to Highways 680 and 880, and within highly rated school boundaries including Curtner Elementary, Thomas Russell Middle, and Milpitas High School....
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Home facts
- Year built:1961
- Listing ID #:82039573
- Added:60 day(s) ago
- Updated:May 21, 2026 at 07:11 AM
Heating and cooling
- Cooling:Central Air
- Heating:Gas Central Forced Air Heat
Structure and exterior
- Roof:Composition
- Year built:1961
- Foundation Description:Concrete Perimeter
Schools
- Middle school:Thomas Russell Junior High
- Elementary school:Curtner Elementary
Utilities
- Water:City/Public
- Sewer:Sewer - Public
Finances and disclosures
- Price:$1,800,000
Features and amenities
- Laundry features:Washer/Dryer
Parking
- Parking description:Attached, Guest Parking
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