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ActiveMulti-Family

$1,000,000

342-344 Raymond Ave, San Jose 95128

Beds3
Baths2
Sqft1,512
DOM8
No Photos Available

AddressIntel AI Briefing

This 106-year-old structure is a prime teardown candidate, but SB 9 and ADUs are heavily blocked by restrictive local zoning (R1-n2). The optimal play is a single-family teardown-and-mansionize project to capitalize on the high neighborhood sale values.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-07-211984 NORTH STAR CL , SAN JOSE CA 95131-0000
1 & 2 Family Residential
--Active
2026-07-209056 VILLAGE VIEW LP , SAN JOSE CA 95135-0000
Condo
--Active
2026-07-201320 LICK AV , SAN JOSE CA 95110-3230
Apartment
--Active
2026-07-205138 FOREST GLEN DR , SAN JOSE CA 95129-2123
Single-Family
--Active
2026-07-202286 CHERRYSTONE DR , SAN JOSE CA 95128-1218
Single-Family
--Active
2026-07-201545 LAURELWOOD CROSSING TR , SAN JOSE CA
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN27709023
Official Lot Sqft3,920
Zoning CodeR1-n2
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.

Nearby Public Schools

Elementary School

Luther Burbank Elementary

Luther Burbank

0.1 miles away
Middle School

Herbert Hoover Middle

San Jose Unified

0.8 miles away
High School

Abraham Lincoln High

San Jose Unified

0.5 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

86/100

Based on recent sales velocity and local demand in 95128.

Flippability Score

78/100

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

Bidding War Prob.

27%

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.

Based on 6 recent sales in 95128 averaging $685/sqft.

Hard Costs$907,200
New Build2,268 sqft
Total Capital Required$2,082,200
Estimated Resale (ARV)$1,553,580

Projected Profit

-$528,620
-25.4% ROI

Warning: Project is mathematically underwater.

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