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ActiveSingle Family

$1,299,000

219 Omira Dr, San Jose 95123

Beds3
Baths2
Sqft1,120
DOM10
No Photos Available

AddressIntel AI Briefing

The property's updated condition and high entry price relative to the size-matched ARV limit the viability of a teardown play. An SB 9 lot split is the optimal theoretical play but is bottlenecked by the active liquefaction zone and a compact 4,792 sqft lot. A lower-risk strategy would focus on adding a single detached ADU to capture solid market yields.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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Parcel & Zoning Info

APN69210034
Official Lot Sqft4,792
Zoning Code--
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
Liquefaction
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 Coverage23.4%

Deep lot · Corner lot · ~52 ft frontage × 99 ft deep, room to set a detached ADU back from the street with a buffer, reads as a separate 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.

Redevelopment Potential

Redevelopment Score45/100
ClassExpansion room
FAR Utilization52% of allowed
Buildable Headroom+1,036 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,156 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

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

Anderson (Alex) Elementary

Oak Grove Elementary

0.3 miles away
Middle School

Davis (Caroline) Intermediate

Oak Grove Elementary

1.2 miles away
High School

Oak Grove High

East Side Union High

0.4 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

100/100

Based on recent sales velocity and local demand in 95123.

Flippability Score

30/100

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

Bidding War Prob.

16%

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 2,156 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 12 recent single-family sales in San Jose (95123): $848/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,200 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.

Hard Costs$1,210,000
New Build2,200 sqft
Total Capital Required$2,684,000
Estimated Resale (ARV)$1,958,000
Cost of Sale (5%)-$97,900
Carry (33mo @ 7%)-$383,364
Net Proceeds$1,476,736

Projected Profit

-$1,207,264
-45.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95123)

Sized to the modelled 2,200 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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