$499,000
1055 N Capitol Ave Apt 166, San Jose 95133
AddressIntel AI Briefing
With four active listings in the building, this property presents a compelling bulk-purchase play for institutional or joint-venture buyers seeking to negotiate a portfolio discount. Active local permit history in the building indicates a strong contractor presence and steady modernization of the complex. The solid rental yield potential makes it an attractive income investment, though buyers must account for the AO flood zone designation in their insurance underwriting.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2026-10-02 | Apt/Condo/Townhouse | Active | $5,694 | UNIVERSE PAINTING INC. |
| 2026-09-25 | Single-Family | Active | -- | Unknown |
| 2026-09-22 | Condo | Active | -- | Unknown |
| 2026-09-11 | Condo | Active | -- | Pochieh Tseng |
| 2026-08-25 | Single-Family | Active | -- | ROGERS, CRAIG A Mr CRAIG ROGERS |
| 2026-08-21 | Condo | Active | -- | BAY ELECTRIC LLC VAHE TAGMAZYAN |
| 2026-08-20 | Condo | Active | -- | Tri-Valley Electrical Service, Inc Ron Mize |
| 2026-07-24 | Condo | Active | -- | BAY ELECTRIC LLC VAHE TAGMAZYAN |
| 2026-07-21 | Apt/Condo/Townhouse | Active | -- | LION ELECTRIC CO |
| 2026-07-18 | Condo | Active | -- | BENSON DONALD C |
| 2026-07-15 | Apt/Condo/Townhouse | Active | -- | BAY ELECTRIC LLC VAHE TAGMAZYAN |
Recent Neighborhood Remodeling (San Jose)
Parcel & Zoning Info
Condo Investment Snapshot
4 units in this building are on the market now (median $605/sqft), a possible bulk-acquisition / de-conversion play.
Price positioning vs. 164 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
Fire Severity
Liquefaction
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
Summerdale Elementary
Berryessa Union Elementary
Piedmont Middle
Berryessa Union Elementary
Independence High
East Side Union High
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
57/100
Based on recent sales velocity and local demand in 95133.
Flippability Score
50/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
20%
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 (95133): $543/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,200 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Jose 95133)
Sized to the modelled 1,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.