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ActiveMulti-Family

$1,398,000

1012 Chestnut St, San Jose 95110

Beds4
Baths4
Sqft1,672
DOM99
No Photos Available

AddressIntel AI Briefing

This older 1952 property has high-value contractor activity nearby, but its low-income census block limits its ARV potential. Because SB 9 is not applicable, the single best play is stealth density: primary + ADU + JADU. This allows the investor to capture multiple rental streams while working within the site's liquefaction constraints.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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$94,610Active

Parcel & Zoning Info

APN23040040
Official Lot Sqft5,227
Zoning Code--
SB 9 StatusN/A

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

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

Walter L. Bachrodt Elementary

San Jose Unified

1.1 miles away
Middle School

Herbert Hoover Middle

San Jose Unified

1.1 miles away
High School

Abraham Lincoln High

San Jose Unified

1.4 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

49/100

Based on recent sales velocity and local demand in 95110.

Flippability Score

55/100

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

Bidding War Prob.

10%

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 5 recent multi-family sales in San Jose (95110): $601/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,500 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$1,375,000
New Build2,500 sqft
Total Capital Required$2,948,000
Estimated Resale (ARV)$1,577,500
Cost of Sale (5%)-$78,875
Carry (33mo @ 7%)-$418,303
Net Proceeds$1,080,323

Projected Profit

-$1,867,678
-63.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95110)

Sized to the modelled 2,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

165 Union St

Sold
$1,500,000
Sold: 2026-01-16
Lot: 5,071
Sqft: 2232
$/Sqft: $672

647 N San Pedro St

Sold
$4,950,000
Sold: 2025-08-29
Lot: 8,294
Sqft: 2490
$/Sqft: $1,988

155 Gifford Ave

Sold
$1,225,000
Sold: 2025-08-11
Lot: 6,320
Sqft: 2368
$/Sqft: $517

327-329 Edwards Ave

Sold
$1,215,000
Sold: 2025-05-30
Lot: 6,969
Sqft: 2020
$/Sqft: $601

574 W Hedding St

Sold
$1,241,000
Sold: 2025-04-03
Lot: 8,184
Sqft: 2648
$/Sqft: $469