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ActiveMulti-Family

$1,150,000

28 Topeka Ave, San Jose 95128

Beds3
Baths2
Sqft1,276
DOM8
No Photos Available

AddressIntel AI Briefing

A total luxury renovation is the optimal play as SB 9 is not applicable and ADU development pathways are completely unviable. The exceptionally low entry price compared to neighboring comps provides huge margins. Modernizing the 1,276 sqft structure will unlock the area's massive $3.2M+ ARV ceiling.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-02210 S SUNSET AV , SAN JOSE CA 95116-3052
1 & 2 Family Residential
--Active
2026-08-02220 SANTA ROSA DR , SAN JOSE CA 95111-3549
Single-Family
$11,480Active
2026-08-026126 UTE CT , SAN JOSE CA 95123-4754
1 & 2 Family Residential
--Active
2026-08-02718 N REDWOOD AV , SAN JOSE CA 95128-1518
1 & 2 Family Residential
--Active
2026-08-021005 OLMO CT , SAN JOSE CA 95129-3034
Single-Family
$14,924Active
2026-08-021184 EAGLE VALLEY CT , SAN JOSE CA 95120-0000
Single-Family
--Active

Parcel & Zoning Info

APN27417045
Official Lot Sqft5,227
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

0.2 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

87/100

Based on recent sales velocity and local demand in 95128.

Flippability Score

75/100

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

Bidding War Prob.

24%

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 3 recent multi-family sales in 95128: $544/sqft.

Hard Costs$760,000
New Build1,900 sqft
Total Capital Required$2,085,000
Estimated Resale (ARV)$1,033,600

Projected Profit

-$1,051,400
-50.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (95128)

932 Princess Anne Dr

Sold
$1,120,000
Sold: 2026-07-31
Lot: 1,700
Sqft: 1692
$/Sqft: $662

832 Deland Ave

Sold
$1,590,000
Sold: 2026-07-15
Lot: 6,502
Sqft: 3510
$/Sqft: $453

50 Cleveland Ave

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