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ActiveMulti-Family

$1,195,000

923 and 925 Paula St, San Jose 95126

Beds3
Baths2
Sqft1,542
DOM17
No Photos Available

AddressIntel AI Briefing

With SB 9 blocked or not applicable here, the optimal play is stealth density: primary + ADU + JADU, but the lack of ADU feasibility data makes this a risky play. A minor cosmetic refresh and hold strategy is a safer alternative given the negative new build ROI. The low owner-occupancy (23.3%) indicates a renter-heavy market perfect for a long-term hold.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-22391 VALE DR , SAN JOSE CA 95123-4428
Single-Family
$17,319Active
2026-08-224591 MOSSBROOK CL , SAN JOSE CA 95130-1755
Single-Family
--Active
2026-08-221171 COPPER PEAK LN , SAN JOSE CA 95120-4235
1 & 2 Family Residential
--Active
2026-08-221021 CAROLYN AV , SAN JOSE CA 95125-4308
Single-Family
--Active
2026-08-225993 INDIAN AV , SAN JOSE CA 95123-4013
1 & 2 Family Residential
--Active
2026-08-226364 WOOSLEY DR , SAN JOSE CA 95123-5268
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN26406018
Official Lot Sqft5,227
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.

Nearby Public Schools

Elementary School

River Glen

San Jose Unified

0.5 miles away
Middle School

Herbert Hoover Middle

San Jose Unified

1.5 miles away
High School

Abraham Lincoln High

San Jose Unified

1.3 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

63/100

Based on recent sales velocity and local demand in 95126.

Flippability Score

20/100

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

Bidding War Prob.

14%

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 San Jose (95126): $551/sqft. Sized within 25% of the 2,300 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$1,265,000
New Build2,300 sqft
Total Capital Required$2,635,000
Estimated Resale (ARV)$1,267,300
Cost of Sale (5%)-$63,365
Net Proceeds$1,203,935

Projected Profit

-$1,431,065
-54.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95126)

Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

362 S Willard Ave

Sold
$975,000
Sold: 2026-07-08
Lot: 11,782
Sqft: 2314
$/Sqft: $421

526 Page St

Sold
$1,200,000
Sold: 2026-06-08
Lot: 8,505
Sqft: 2120
$/Sqft: $566

909 Myrtle St

Sold
$1,355,000
Sold: 2025-10-31
Lot: 6,150
Sqft: 2460
$/Sqft: $551