realestate

384‑sqft Silicon Valley home sells for $2M: 3 investment ideas

If buying a home is out of reach, you can still invest in real estate.

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    In Silicon Valley, a million‑dollar property can be a modest 384‑sq‑ft, one‑bedroom home at 10036 Carmen Road, Cupertino. Listed for $1.7 million in April 2024, the house actually sold for $2 million, according to market data. Listing agent Faviola Perez said the price reflects the parcel more than the dwelling, noting the 7,841‑sq‑ft lot sits amid $4‑$5 million homes, enjoys a top‑tier school district, and has easy access to major commutes.

    The listing drew viral attention, but the real value lies in the land. Jeff Bezos’ new platform lets anyone become a landlord for just $100, with no tenant hassles or maintenance.

    Dave Ramsey warns that nearly half of Americans are committing a major Social Security error; he offers three quick fixes. Robert Kiyosaki predicts a single asset could jump 400 % in a year and urges investors not to miss the opportunity.

    For those who want real‑estate exposure without buying a house, crowdfunding offers an alternative. The model pools small contributions from many investors to own shares in properties, from rentals to commercial buildings. Platforms like First National Realty Partners (FNRP) target accredited investors with a $50,000 minimum, partnering with major retailers such as Kroger, Walmart, and Whole Foods. FNRP manages the entire deal cycle, allowing passive income from distributions.

Silicon Valley micro‑home sells for $2M, highlighting investment ideas.