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ActiveMulti-Family

$1,599,000

1274-1276 Flora Ave, San Jose 95117

Beds6
Baths2.5
Sqft2,359
DOM4
No Photos Available

AddressIntel AI Briefing

A yield-focused cosmetic update is the most logical route for this property due to the prohibitive acquisition cost relative to the area's new construction resale potential. Avoiding ground-up construction bypasses the lack of clear density development pathways.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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Parcel & Zoning Info

APN29911020
Official Lot Sqft6,098
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

Discovery Charter

Santa Clara County Office of Education

0.2 miles away
Middle School

Moreland Middle

Moreland

1.0 miles away
High School

Boynton High

Campbell Union High

0.8 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

77/100

Based on recent sales velocity and local demand in 95117.

Flippability Score

15/100

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

Bidding War Prob.

23%

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 (95117): $564/sqft. Sized within 25% of the 3,500 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$1,925,000
New Build3,500 sqft
Total Capital Required$3,699,000
Estimated Resale (ARV)$1,974,000
Cost of Sale (5%)-$98,700
Net Proceeds$1,875,300

Projected Profit

-$1,823,700
-49.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95117)

Sized to the modelled 3,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

822 Opal Dr

Sold
$1,520,000
Sold: 2026-07-21
Lot: 7,148
Sqft: 2686
$/Sqft: $566

3228 Williamsburg Dr

Sold
$1,620,000
Sold: 2026-01-08
Lot: 7,448
Sqft: 2880
$/Sqft: $563

3147 Williamsburg Dr

Sold
$2,125,000
Sold: 2025-12-12
Lot: 8,976
Sqft: 3222
$/Sqft: $660

843 Opal Dr

Sold
$1,785,000
Sold: 2025-10-17
Lot: 7,808
Sqft: 3828
$/Sqft: $466