$1,450,000
1487 1489 Merry Ln, San Jose 95128
AddressIntel AI Briefing
The optimal play is a traditional deep interior remodel and hold strategy, as SB 9 is not applicable and ADU feasibility is unrated. The property sits in a block group with lower owner-occupancy and median incomes, favoring cost-conscious renovations. Capitalizing on the existing duplex-style layout is the most sensible play.
Property Permit History
Recent Neighborhood Remodeling (San Jose)
Parcel & Zoning Info
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
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
Castlemont Elementary
Campbell Union
Monroe Middle
Campbell Union
Del Mar High
Campbell Union High
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
66/100
Based on recent sales velocity and local demand in 95128.
Flippability Score
35/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
21%
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 11 recent multi-family sales in San Jose (95128): $567/sqft. Sized within 25% of the 2,900 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.
Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Jose 95128)
Sized to the modelled 2,900 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.