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ActiveMulti-Family

$1,995,000

N 2nd, San Jose 95112

Beds3
Baths2
Sqft4,088
DOM1
No Photos Available

AddressIntel AI Briefing

A standard single-family lot with liquefaction risks and no active SB 9 pathways limits density options. The optimal play is a cosmetic renovation to align the property with San Jose's fast-moving entry-level market.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-21 • 2888 WHITTINGTON DR , SAN JOSE CA 95148-3042
Single-Family
$2,212,200Active
2026-10-20 • 4995 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$115,685Active
2026-10-20 • 3959 WHINNEY PLACE WY , SAN JOSE CA 95121-1957
Single-Family
$53,464Active
2026-10-20 • 1378 KEENAN WY , SAN JOSE CA 95125-5990
Townhouse
--Active
2026-10-20 • 4975 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$618,393Active
2026-10-20 • 4090 YERBA BUENA AV , SAN JOSE CA 95121-1044
Single-Family
$94,610Active

Parcel & Zoning Info

APN24943021
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

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

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

Grant Elementary

San Jose Unified

0.6 miles away
Middle School

Muwekma Ohlone Middle

San Jose Unified

0.6 miles away
High School

San Jose 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

81/100

Based on recent sales velocity and local demand in 95112.

Flippability Score

35/100

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 9 recent multi-family sales in San Jose (95112): $589/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 6,100 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$3,355,000
New Build6,100 sqft
Total Capital Required$5,525,000
Estimated Resale (ARV)$3,769,800
Cost of Sale (5%)-$188,490
Carry (33mo @ 7%)-$723,800
Net Proceeds$2,857,510

Projected Profit

-$2,667,490
-48.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95112)

Sized to the modelled 6,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

890 E Julian St

Sold
$900,000
Sold: 2026-09-28
Lot: 7,516
Sqft: 6100
$/Sqft: $148

255 N 3rd St

Sold
$4,360,000
Sold: 2026-02-26
Lot: 7,897
Sqft: 6528
$/Sqft: $668

358 N 7th St

Sold
$2,299,500
Sold: 2026-02-10
Lot: 12,419
Sqft: 6536
$/Sqft: $352

68 S 8th St Apt H

Sold
$3,800,000
Sold: 2026-02-06
Lot: 6,919
Sqft: 6160
$/Sqft: $617

70 S 8th St

Sold
$3,800,000
Sold: 2026-02-06
Lot: 6,839
Sqft: 4777
$/Sqft: $795

460 S 6th St Apt 8

Sold
$6,540,000
Sold: 2026-01-12
Lot: 8,206
Sqft: 5152
$/Sqft: $1,269

630 S 5th St

Sold
$2,025,000
Sold: 2025-10-14
Lot: 6,697
Sqft: 4817
$/Sqft: $420

445 N 1st St

Sold
$1,950,000
Sold: 2025-09-26
Lot: 8,746
Sqft: 6704
$/Sqft: $291

70 N 10th St

Sold
$3,550,000
Sold: 2025-07-25
Lot: 6,090
Sqft: 6027
$/Sqft: $589