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ActiveCondo

$768,000

1909 Landess Ave, Milpitas 95035

Beds3
Baths1.5
Sqft1,155
DOM75
No Photos Available

AddressIntel AI Briefing

A robust townhome investment candidate located in a stable, well-established demographic zone. The property offers consistent rental demand and represents a highly secure placement of capital with low management overhead. Targeted interior modernization will yield strong rental premiums.

Property Permit History

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

Recent Neighborhood Remodeling (Milpitas)

Parcel & Zoning Info

APN08840039
Official Lot Sqft871
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score57/100
Price / Sqft$665 vs $688 mkt
Price vs Market-3.3% At market
Est. Rent$2,667/mo

Price positioning vs. 2409 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

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

John Sinnott Elementary

Milpitas Unified

0.3 miles away
Middle School

Rancho Milpitas Middle

Milpitas Unified

0.4 miles away
High School

Calaveras Hills

Milpitas Unified

1.5 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

89/100

Based on recent sales velocity and local demand in 95035.

Flippability Score

65/100

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 12 recent condo sales in Milpitas (95035): $707/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,700 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$935,000
New Build1,700 sqft
Total Capital Required$1,878,000
Estimated Resale (ARV)$1,261,400
Cost of Sale (5%)-$63,070
Carry (33mo @ 7%)-$254,678
Net Proceeds$943,653

Projected Profit

-$934,348
-49.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Milpitas 95035)

Sized to the modelled 1,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1709 Ironwood Ln

Sold
$1,330,000
Sold: 2026-10-07
Lot: -
Sqft: 1887
$/Sqft: $705

700 S Abel St Unit 317

Sold
$773,000
Sold: 2026-10-05
Lot: -
Sqft: 1309
$/Sqft: $591

1878 Journey St

Sold
$1,474,500
Sold: 2026-09-30
Lot: -
Sqft: 1882
$/Sqft: $783

1890 Journey St

Sold
$1,666,000
Sold: 2026-09-24
Lot: -
Sqft: 2079
$/Sqft: $801

1876 Journey St

Sold
$1,670,000
Sold: 2026-09-24
Lot: -
Sqft: 2100
$/Sqft: $795

700 S Abel St Unit 101

Sold
$807,500
Sold: 2026-09-18
Lot: -
Sqft: 1309
$/Sqft: $617

267 Montague Expy

Sold
$854,000
Sold: 2026-09-11
Lot: -
Sqft: 1847
$/Sqft: $462

295 Montague Expy

Sold
$854,000
Sold: 2026-09-11
Lot: -
Sqft: 1847
$/Sqft: $462

1908 Journey St

Sold
$1,339,000
Sold: 2026-08-26
Lot: -
Sqft: 1886
$/Sqft: $710

1311 Laurel Way

Sold
$914,500
Sold: 2026-08-25
Lot: -
Sqft: 1518
$/Sqft: $602

283 Wild Rose Way

Sold
$1,455,000
Sold: 2026-08-25
Lot: 883
Sqft: 2018
$/Sqft: $721

1912 Journey St

Sold
$1,578,500
Sold: 2026-08-25
Lot: -
Sqft: 1882
$/Sqft: $839