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ActiveCondo

$828,000

363 Oleander Dr, San Jose 95123

Beds2
Baths2.5
Sqft1,211
DOM28
No Photos Available

AddressIntel AI Briefing

This townhome is currently priced above the immediate comparable sales, which compresses potential margins for traditional investors. However, strong local rental demand and a solid yield profile make it a viable long-term income hold once the price aligns with the market. Investors should be aware of the liquefaction hazard zone affecting the area, which may impact master HOA insurance premiums.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (San Jose)

2026-10-19 • 192 NEW RIVER DR , SAN JOSE CA 95119-1850
Single-Family
$42,502Active
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$25,017Active
2026-10-19 • 1686 MOROCCO DR , SAN JOSE CA 95125-5821
1 & 2 Family Residential
--Active
2026-10-19 • 639 N MONROE ST , SAN JOSE CA 95128-1341
Single-Family
$143,135Active
2026-10-19 • 1474 FAIRHAVEN CT , SAN JOSE CA 95118-1114
Single-Family
$126,240Active
2026-10-19 • 6530 STONEHILL CT , SAN JOSE CA 95120-1614
Single-Family
$10,234Active

Parcel & Zoning Info

APN68965087
Official Lot Sqft2,178
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score18/100
Price / Sqft$684 vs $590 mkt
Price vs Market+15.9% Above market
Est. Rent$2,875/mo

Price positioning vs. 219 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Hazard Snapshot

Flood Zone

D
Special flood hazard area; insurance may be required.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo fault zone.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

Nearby Public Schools

Elementary School

Anderson (Alex) Elementary

Oak Grove Elementary

0.6 miles away
Middle School

Bernal Intermediate

Oak Grove Elementary

1.3 miles away
High School

Oak Grove High

East Side Union High

1.2 miles away

School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.

Proprietary Intelligence

Market Heat Index

100/100

Based on recent sales velocity and local demand in 95123.

Flippability Score

30/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

9%

Likelihood of multiple offers based on local list-to-sale ratios and DOM.

Proforma ROI Calculator

Back-of-the-napkin deal analysis across development strategies.

Median of 7 recent condo sales in San Jose (95123): $563/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,800 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$990,000
New Build1,800 sqft
Total Capital Required$1,993,000
Estimated Resale (ARV)$1,063,800
Cost of Sale (5%)-$53,190
Carry (33mo @ 7%)-$271,521
Net Proceeds$739,089

Projected Profit

-$1,253,911
-62.9% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95123)

Sized to the modelled 1,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

5487 Makati Cir

Sold
$657,000
Sold: 2026-10-09
Lot: 1,310
Sqft: 1978
$/Sqft: $332

295 Tradewinds Dr Apt 202

Sold
$682,000
Sold: 2026-08-31
Lot: 435
Sqft: 1466
$/Sqft: $465

330 Oleander Dr

Sold
$970,000
Sold: 2026-07-27
Lot: 696
Sqft: 1378
$/Sqft: $704

5925 Charlotte Dr Unit 413

Sold
$795,000
Sold: 2026-07-06
Lot: -
Sqft: 1505
$/Sqft: $528

5475 Don Juan Cir

Sold
$885,000
Sold: 2026-06-24
Lot: -
Sqft: 1439
$/Sqft: $615

549 Giuffrida Ave Apt C

Sold
$800,000
Sold: 2026-02-17
Lot: -
Sqft: 1420
$/Sqft: $563

5555 Makati Cir

Sold
$920,000
Sold: 2025-11-25
Lot: -
Sqft: 1495
$/Sqft: $615