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ActiveMulti-Family

$1,450,000

10 Topeka Ave, San Jose 95128

Beds3
Baths3
Sqft1,677
DOM13
No Photos Available

AddressIntel AI Briefing

With SB 9 not applicable and the asking price nearly matching the estimated new-build ARV, redevelopment is financially unfeasible. The ideal play is to operate the property as a premium rental asset, capitalizing on its historic charm and renovated status. This aligns well with the neighborhood's high percentage of renter households.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-09-043813 BARKER DR , SAN JOSE CA 95117-2405
Apartment
--Active
2026-09-03980 ALMADEN LAKE DR , SAN JOSE CA
Apartment
--Active
2026-09-03175 BAYPOINTE PY , SAN JOSE CA 95134-0000
Apartment
--Active
2026-09-031318 CHANDON CT , SAN JOSE CA 95125-5975
Townhouse
--Active
2026-09-035102 KINGSTON WY , SAN JOSE CA 95130-2217
Single-Family
$198,959Active
2026-09-036909 AUSTWICK CT , SAN JOSE CA 95119-1808
Single-Family
$21,961Active

Parcel & Zoning Info

APN27417043
Official Lot Sqft5,227
Zoning CodeR1-n2
SB 9 StatusN/A

Seller Motivation

Motivation Score8/100
Low motivation
Tenant-occupied

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

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

0.2 miles away
Middle School

Herbert Hoover Middle

San Jose Unified

0.7 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

66/100

Based on recent sales velocity and local demand in 95128.

Flippability Score

30/100

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

Bidding War Prob.

23%

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 (95128): $55,835/sqft. Sized within 25% of the 2,500 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.

Hard Costs$1,375,000
New Build2,500 sqft
Total Capital Required$3,000,000
Estimated Resale (ARV)$139,587,500
Cost of Sale (5%)-$6,979,375
Net Proceeds$132,608,125

Projected Profit

$129,608,125
4320.3% ROI

Recent Comparables (San Jose 95128)

Sized to the modelled 2,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

50 Cleveland Ave

Sold
$1,600,000
Sold: 2026-07-07
Lot: 5,655
Sqft: 2940
$/Sqft: $544

407 Raymond Ave

Sold
$1,220,000
Sold: 2026-07-07
Lot: 4,000
Sqft: 2080
$/Sqft: $587

1481-1483 Pompey Dr

Sold
$1,600,000
Sold: 2026-06-08
Lot: 7,216
Sqft: 2180
$/Sqft: $734

1454-1456 Merry Ln

Sold
$1,530,000
Sold: 2026-06-05
Lot: 7,192
Sqft: 2210
$/Sqft: $692

2937 Driftwood Dr

Sold
$100,000
Sold: 2026-04-01
Lot: 7,999
Sqft: 2242
$/Sqft: $45

388 Santana Row Apt 2437

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 2575
$/Sqft: $57,670

388 Santana Row Apt 1409

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 1913
$/Sqft: $77,627

388 Santana Row Apt 1405

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 1927
$/Sqft: $77,063

388 Santana Row Apt 2241

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 1936
$/Sqft: $76,705

388 Santana Row Apt 1401

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 2461
$/Sqft: $60,341

388 Santana Row Apt 2441

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 2750
$/Sqft: $54,000

388 Santana Row Apt 1403

Sold
$148,500,000
Sold: 2026-02-05
Lot: 23,950
Sqft: 1964
$/Sqft: $75,611