Alviso is San Jose’s waterfront community, located at the southern part of the San Francisco Bay. At one time it was incorporated as a separate city, but was annexed to San Jose in 1968. It’s convenient for commuting to North San Jose or anywhere along Highway 237 in particular. Alviso is one of the least expensive parts of the city of San Jose. Over the years, this low-elevation area has been prone to some flooding in times with heavy rainfall. That may be contributing to the lower cost of owning a home there.
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Please read more about the Alviso area here: https://popehandy.com/alviso/