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ActiveMulti-Family

$1,598,000

480-482 Westlake Dr, San Jose 95117

Beds4
Baths2
Sqft1,996
DOM11
No Photos Available

AddressIntel AI Briefing

Development pathways are restricted as SB 9 is not applicable and ADU feasibility is unrated. The optimal play is a traditional buy-and-hold rental investment, capitalizing on the extremely low owner-occupancy rate in the surrounding census block. Investors should focus on cosmetic updates to maximize yield in this tightly held tenant pocket.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-19 • 192 NEW RIVER DR , SAN JOSE CA 95119-1850
Single-Family
$42,502Active
2026-10-19 • 5772 TROWBRIDGE WY , SAN JOSE CA 95138-0000
Single-Family
$25,017Active
2026-10-19 • 1686 MOROCCO DR , SAN JOSE CA 95125-5821
1 & 2 Family Residential
--Active
2026-10-19 • 639 N MONROE ST , SAN JOSE CA 95128-1341
Single-Family
$143,135Active
2026-10-19 • 1474 FAIRHAVEN CT , SAN JOSE CA 95118-1114
Single-Family
$126,240Active
2026-10-19 • 6530 STONEHILL CT , SAN JOSE CA 95120-1614
Single-Family
$10,234Active

Parcel & Zoning Info

APN30327024
Official Lot Sqft6,970
Zoning Code--
SB 9 StatusN/A

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. 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

Lynhaven Elementary

Campbell Union

0.6 miles away
Middle School

Monroe Middle

Campbell Union

1.4 miles away
High School

Boynton High

Campbell Union High

0.6 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

57/100

Based on recent sales velocity and local demand in 95117.

Flippability Score

30/100

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 12 recent multi-family sales in San Jose (95117): $596/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,000 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.

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$1,650,000
New Build3,000 sqft
Total Capital Required$3,423,000
Estimated Resale (ARV)$1,878,000
Cost of Sale (5%)-$93,900
Carry (33mo @ 7%)-$483,271
Net Proceeds$1,300,829

Projected Profit

-$2,122,171
-62.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95117)

Sized to the modelled 3,000 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1275 Eden Ave

Sold
$1,600,000
Sold: 2026-08-14
Lot: 8,775
Sqft: 2292
$/Sqft: $698

3216 Neal Ave

Sold
$1,600,000
Sold: 2026-07-28
Lot: 8,064
Sqft: 2552
$/Sqft: $627

822 Opal Dr

Sold
$1,520,000
Sold: 2026-07-21
Lot: 7,148
Sqft: 2686
$/Sqft: $566

770 Opal Dr

Sold
$1,485,000
Sold: 2026-07-13
Lot: 7,200
Sqft: 2314
$/Sqft: $642

3228 Neal Ave

Sold
$1,750,000
Sold: 2026-06-10
Lot: 9,040
Sqft: 2552
$/Sqft: $686

1112 Nottingham Pl

Sold
$1,550,000
Sold: 2026-02-17
Lot: 6,600
Sqft: 2372
$/Sqft: $653

3228 Williamsburg Dr

Sold
$1,620,000
Sold: 2026-01-08
Lot: 7,448
Sqft: 2880
$/Sqft: $563

3147 Williamsburg Dr

Sold
$2,125,000
Sold: 2025-12-12
Lot: 8,976
Sqft: 3222
$/Sqft: $660

3231 Impala Dr

Sold
$1,760,000
Sold: 2025-09-10
Lot: 6,618
Sqft: 3688
$/Sqft: $477

3203 Myles Ct

Sold
$1,800,000
Sold: 2025-08-22
Lot: 6,720
Sqft: 3546
$/Sqft: $508

3207 Myles Ct

Sold
$1,800,000
Sold: 2025-08-22
Lot: 6,720
Sqft: 3546
$/Sqft: $508

3178 Williamsburg Dr

Sold
$1,497,000
Sold: 2025-07-28
Lot: 7,448
Sqft: 2880
$/Sqft: $520