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ActiveSingle Family

$1,449,900

805 Calero St, Milpitas 95035

Beds3
Baths2
Sqft1,412
DOM33
No Photos Available

AddressIntel AI Briefing

The optimal play is stealth density: primary + ADU + JADU, utilizing the spacious backyard of this lot. The existing structure's layout allows for an easy interior remodel to incorporate a JADU, while leaving plenty of room to construct a detached ADU. This approach maximizes long-term rental cash flow on a highly sought-after street.

Property Permit History

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

Recent Neighborhood Remodeling (Milpitas)

Parcel & Zoning Info

APN02205030
Official Lot Sqft5,663
Zoning Code--
SB 9 StatusBlocked
SB 9 Block Reasons
FEMA Special Flood Hazard Area
Development Blockers
Flood Zone (SFHA) Liquefaction
Unlock Pathways
Ministerial ADU
Entitlement RiskModerate (21/100)

ADU Potential

Feasibility Score71/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage24.9%

Standard lot · Corner lot · ~77 ft frontage × 109 ft deep, typical proportions for a detached ADU behind or beside the home. 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.

Seller Motivation

Motivation Score6/100
Low motivation
30+ 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.

Redevelopment Potential

Redevelopment Score42/100
ClassExpansion room
FAR Utilization62% of allowed
Buildable Headroom+853 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,265 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: conservative default (0.40 FAR — city not individually curated) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

AH
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

Curtner Elementary

Milpitas Unified

0.2 miles away
Middle School

Thomas Russell Middle

Milpitas Unified

1.2 miles away
High School

Milpitas High

Milpitas 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

89/100

Based on recent sales velocity and local demand in 95035.

Flippability Score

75/100

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

Bidding War Prob.

1%

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.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 2,265 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 12 recent single-family sales in Milpitas (95035): $969/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,300 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$1,265,000
New Build2,300 sqft
Total Capital Required$2,889,900
Estimated Resale (ARV)$2,339,100
Cost of Sale (5%)-$116,955
Carry (33mo @ 7%)-$417,706
Net Proceeds$1,804,439

Projected Profit

-$1,085,461
-37.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Milpitas 95035)

Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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