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ActiveMulti-Family

$4,095,000

Hester, San Jose 95128

Beds3
Baths3
Sqft6,920
DOM1
No Photos Available

AddressIntel AI Briefing

Focusing on preserving and restoring the massive existing estate is the optimal play to maintain its grand scale on the oversized lot. Since local replacement ARV comps fail to support the high purchase basis, a classic luxury renovation of the current shell is the only logical path. Investors can target affluent buyers looking for a historic or signature property.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-21 • 2888 WHITTINGTON DR , SAN JOSE CA 95148-3042
Single-Family
$2,212,200Active
2026-10-20 • 4995 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$115,685Active
2026-10-20 • 3959 WHINNEY PLACE WY , SAN JOSE CA 95121-1957
Single-Family
$53,464Active
2026-10-20 • 1378 KEENAN WY , SAN JOSE CA 95125-5990
Townhouse
--Active
2026-10-20 • 4975 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$618,393Active
2026-10-20 • 4090 YERBA BUENA AV , SAN JOSE CA 95121-1044
Single-Family
$94,610Active

Parcel & Zoning Info

APN27416004
Official Lot Sqft17,424
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

Luther Burbank Elementary

Luther Burbank

0.1 miles away
Middle School

Herbert Hoover Middle

San Jose Unified

0.6 miles away
High School

Abraham Lincoln High

San Jose Unified

0.2 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

78/100

Based on recent sales velocity and local demand in 95128.

Flippability Score

5/100

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

Bidding War Prob.

12%

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 4 recent multi-family sales in San Jose (95128): $433/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 10,400 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$5,720,000
New Build10,400 sqft
Total Capital Required$9,990,000
Estimated Resale (ARV)$4,732,000
Cost of Sale (5%)-$236,600
Carry (33mo @ 7%)-$1,355,681
Net Proceeds$3,139,719

Projected Profit

-$6,850,281
-68.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95128)

Sized to the modelled 10,400 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

Whitethorne

Sold
$3,550,000
Sold: 2026-06-24
Lot: 15,419
Sqft: 7980
$/Sqft: $445

928 Ravenscourt Ave

Sold
$2,800,000
Sold: 2026-04-23
Lot: -
Sqft: 6656
$/Sqft: $421

2970 Magliocco Dr

Sold
$4,200,000
Sold: 2025-09-15
Lot: 12,292
Sqft: 8072
$/Sqft: $520

2994 Huff Ave

Sold
$3,250,000
Sold: 2025-04-25
Lot: 11,475
Sqft: 7710
$/Sqft: $422