Back to Search
ActiveCondo

$768,000

1898 Meridian Ave Unit 48, San Jose 95125

Beds3
Baths2
Sqft1,312
DOM18
No Photos Available

AddressIntel AI Briefing

A standout condo investment priced at a massive 21.3% discount relative to the local market per square foot. Strong rental yield potential and immediate equity capture make this the top passive buy-and-hold choice in the area.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-22391 VALE DR , SAN JOSE CA 95123-4428
Single-Family
$17,319Active
2026-08-224591 MOSSBROOK CL , SAN JOSE CA 95130-1755
Single-Family
--Active
2026-08-221171 COPPER PEAK LN , SAN JOSE CA 95120-4235
1 & 2 Family Residential
--Active
2026-08-221021 CAROLYN AV , SAN JOSE CA 95125-4308
Single-Family
--Active
2026-08-225993 INDIAN AV , SAN JOSE CA 95123-4013
1 & 2 Family Residential
--Active
2026-08-226364 WOOSLEY DR , SAN JOSE CA 95123-5268
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN42961047
Official Lot Sqft1,307
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score91/100
Price / Sqft$585 vs $734 mkt
Price vs Market-20.3% Below market
Est. Rent$2,667/mo

Price positioning vs. 43 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

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

Booksin Elementary

San Jose Unified

0.4 miles away
Middle School

Willow Glen Middle

San Jose Unified

0.9 miles away
High School

Willow Glen High

San Jose Unified

0.9 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

97/100

Based on recent sales velocity and local demand in 95125.

Flippability Score

75/100

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

Bidding War Prob.

21%

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 12 recent condo sales in San Jose (95125): $660/sqft. Sized within 50% of the 2,000 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.

Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.

Hard Costs$1,100,000
New Build2,000 sqft
Total Capital Required$2,043,000
Estimated Resale (ARV)$1,320,000
Cost of Sale (5%)-$66,000
Net Proceeds$1,254,000

Projected Profit

-$789,000
-38.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95125)

Sized to the modelled 2,000 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1427 Alma Loop

Sold
$560,000
Sold: 2026-08-14
Lot: -
Sqft: 1054
$/Sqft: $531

1414 Alma Way

Sold
$620,000
Sold: 2026-07-16
Lot: -
Sqft: 1071
$/Sqft: $579

223 San Jose Ave

Sold
$650,000
Sold: 2026-07-15
Lot: -
Sqft: 1258
$/Sqft: $517

1853 Almaden Rd Apt 224

Sold
$1,995,000
Sold: 2026-06-25
Lot: 970
Sqft: 1040
$/Sqft: $1,918

1940 Huxley Ct

Sold
$838,000
Sold: 2026-05-26
Lot: -
Sqft: 1071
$/Sqft: $782

1853 Almaden Rd Apt 322

Sold
$733,000
Sold: 2026-05-22
Lot: 1,167
Sqft: 1416
$/Sqft: $518

1719 Sandy Creek Ln

Sold
$1,425,000
Sold: 2026-05-19
Lot: -
Sqft: 1479
$/Sqft: $963

2212 Almaden Rd Unit A

Sold
$560,000
Sold: 2026-05-15
Lot: -
Sqft: 1163
$/Sqft: $482

1898 Meridian Ave Unit 24

Sold
$725,000
Sold: 2026-04-30
Lot: 7,403
Sqft: 1312
$/Sqft: $553

2051 Delbarr Ct

Sold
$985,000
Sold: 2026-04-28
Lot: -
Sqft: 1330
$/Sqft: $741

1334 Greenwich Ct

Sold
$1,275,000
Sold: 2026-04-06
Lot: -
Sqft: 1622
$/Sqft: $786

1690 Braddock Ct

Sold
$827,500
Sold: 2026-03-30
Lot: 1,044
Sqft: 1044
$/Sqft: $793