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ActiveSingle Family

$2,888,000

2929 Lexford Ave, San Jose 95124

Beds4
Baths3
Sqft2,306
DOM13
No Photos Available

AddressIntel AI Briefing

The optimal play is a luxury stealth density play by adding an ADU to capitalize on the 85.7% owner-occupancy rate and strong neighborhood support. A teardown is financially unfeasible for this pristine 2026 build, and tight margins limit overall development upside.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-02210 S SUNSET AV , SAN JOSE CA 95116-3052
1 & 2 Family Residential
--Active
2026-08-02220 SANTA ROSA DR , SAN JOSE CA 95111-3549
Single-Family
$11,480Active
2026-08-026126 UTE CT , SAN JOSE CA 95123-4754
1 & 2 Family Residential
--Active
2026-08-02718 N REDWOOD AV , SAN JOSE CA 95128-1518
1 & 2 Family Residential
--Active
2026-08-021005 OLMO CT , SAN JOSE CA 95129-3034
Single-Family
$14,924Active
2026-08-021184 EAGLE VALLEY CT , SAN JOSE CA 95120-0000
Single-Family
--Active

Parcel & Zoning Info

APN44238067
Official Lot Sqft6,534
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus AB 1033 (sell ADU as condo)
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score76/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage35.3%

Flag / irregular · Corner lot · ~107 ft frontage × 136 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Redevelopment Potential

Redevelopment Score15/100
ClassBuilt out
FAR Utilization78% of allowed
Buildable Headroom+634 sqft

Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 2,940 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR figure is a discretionary-review trigger, not a hard cap. Treat as approximate. Source: SJMC 20.30.200; 20.100.1020 (Single-Family House Permit) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

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

No
Not in a mapped liquefaction zone.

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.

Nearby Public Schools

Elementary School

Steindorf STEAM K-8 Magnet

Cambrian

0.2 miles away
Middle School

Price Charter Middle

Cambrian

0.5 miles away
High School

Branham High

Campbell Union High

1.5 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

91/100

Based on recent sales velocity and local demand in 95124.

Flippability Score

30/100

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

Bidding War Prob.

31%

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.

Zoning allows roughly 2,940 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.

Median of 6 recent single-family sales in 95124: $1,183/sqft.

Hard Costs$1,160,000
New Build2,900 sqft
Total Capital Required$4,223,000
Estimated Resale (ARV)$3,430,700

Projected Profit

-$792,300
-18.8% ROI

Warning: Project is mathematically underwater.

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