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ActiveMulti-Family

$1,648,000

2338-2340 Pauline Dr, San Jose 95124

Beds4
Baths3
Sqft2,395
DOM29
No Photos Available

AddressIntel AI Briefing

Despite SB 9 being listed as not applicable, the massive parcel presents a major opportunity for a large-scale single-family teardown-and-mansionize play. The exceptionally low lot coverage and aging 1961 structure make this an ideal candidate for luxury estate replacement in a high-demand San Jose corridor.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-19 • 192 NEW RIVER DR , SAN JOSE CA 95119-1850
Single-Family
$42,502Active
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Single-Family
$25,017Active
2026-10-19 • 1686 MOROCCO DR , SAN JOSE CA 95125-5821
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
Single-Family
$126,240Active
2026-10-19 • 6530 STONEHILL CT , SAN JOSE CA 95120-1614
Single-Family
$10,234Active

Parcel & Zoning Info

APN41220006
Official Lot Sqft26,572
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. 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

Bagby Elementary

Cambrian

0.5 miles away
Middle School

Price Charter Middle

Cambrian

0.5 miles away
High School

Del Mar High

Campbell Union High

1.8 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

91/100

Based on recent sales velocity and local demand in 95124.

Flippability Score

80/100

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

Bidding War Prob.

21%

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 8 recent multi-family sales in San Jose (95124): $508/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,600 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$1,980,000
New Build3,600 sqft
Total Capital Required$3,803,000
Estimated Resale (ARV)$1,918,800
Cost of Sale (5%)-$95,940
Carry (33mo @ 7%)-$524,659
Net Proceeds$1,298,201

Projected Profit

-$2,504,799
-65.9% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95124)

Sized to the modelled 3,600 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1800 Donna Ln

Sold
$1,399,000
Sold: 2026-09-04
Lot: 6,630
Sqft: 3150
$/Sqft: $444

2314 Pauline Dr

Sold
$437,000
Sold: 2026-08-24
Lot: 7,110
Sqft: 3328
$/Sqft: $131

1799 Bradford Way

Sold
$1,800,000
Sold: 2026-06-11
Lot: 6,900
Sqft: 3328
$/Sqft: $541

1794 Donna Ln

Sold
$1,411,500
Sold: 2026-05-01
Lot: 6,646
Sqft: 3150
$/Sqft: $448

5782 Preston Dr

Sold
$1,900,000
Sold: 2025-12-23
Lot: 9,636
Sqft: 3606
$/Sqft: $527

3949 Starview Dr

Sold
$1,800,000
Sold: 2025-12-03
Lot: 7,200
Sqft: 3386
$/Sqft: $532

1731 Ross Cir

Sold
$1,799,000
Sold: 2025-10-14
Lot: 12,898
Sqft: 3672
$/Sqft: $490

1959 Harris Ave

Sold
$2,175,000
Sold: 2025-08-01
Lot: 8,879
Sqft: 3562
$/Sqft: $611