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Activemulti_family

$1,788,000

47 Cleveland Ave, San Jose 95128

Beds8
Baths4
Sqft3,492
DOM66
No Photos Available

AddressIntel AI Briefing

Identical to its neighbor, this narrow lot is economically unviable for a high-cost speculative build. The lack of pricing cushion makes any project here highly vulnerable to cost overruns.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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1 & 2 Family Residential
--Active
2026-10-19 • 639 N MONROE ST , SAN JOSE CA 95128-1341
Single-Family
$143,135Active
2026-10-19 • 1474 FAIRHAVEN CT , SAN JOSE CA 95118-1114
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$126,240Active
2026-10-19 • 6530 STONEHILL CT , SAN JOSE CA 95120-1614
Single-Family
$10,234Active

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusN/A

Seller Motivation

Motivation Score20/100
Low motivation
60+ days on market

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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).

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

0.4 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

82/100

Based on recent sales velocity and local demand in 95128.

Flippability Score

15/100

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

Bidding War Prob.

1%

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 4 recent multi-family sales in San Jose (95128): $496/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 5,200 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$2,860,000
New Build5,200 sqft
Total Capital Required$4,823,000
Estimated Resale (ARV)$2,709,200
Cost of Sale (5%)-$135,460
Carry (33mo @ 7%)-$636,309
Net Proceeds$1,937,431

Projected Profit

-$2,885,569
-59.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95128)

Sized to the modelled 5,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

2958 Neet Ave

Sold
$2,095,000
Sold: 2025-10-23
Lot: 10,149
Sqft: 3973
$/Sqft: $527

2985 Walgrove Way

Sold
$1,950,000
Sold: 2025-10-03
Lot: 9,636
Sqft: 3973
$/Sqft: $491

883 Di Fiore Dr

Sold
$1,770,000
Sold: 2025-09-10
Lot: 6,895
Sqft: 3993
$/Sqft: $443

3001 Walgrove Way Apt 4

Sold
$1,990,000
Sold: 2025-07-25
Lot: 9,371
Sqft: 3973
$/Sqft: $501