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ActiveMulti-Family

$1,799,000

14838 Union Ave, San Jose 95124

Beds4
Baths2
Sqft1,556
DOM85
No Photos Available

AddressIntel AI Briefing

While SB 9 is not applicable, the R2 zoning and massive 9,583 sqft lot make a duplex development the optimal play. Since the existing 1953 home is already in turnkey condition, developers can also opt for stealth density to preserve the high-value primary structure.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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--Active
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$94,610Active

Parcel & Zoning Info

APN41930019
Official Lot Sqft9,583
Zoning CodeR2
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

Oster Elementary

Union Elementary

0.6 miles away
Middle School

Union Middle

Union Elementary

0.8 miles away
High School

Leigh High

Campbell Union High

0.9 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

75/100

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

Bidding War Prob.

30%

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 7 recent multi-family sales in San Jose (95124): $698/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,300 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$1,265,000
New Build2,300 sqft
Total Capital Required$3,239,000
Estimated Resale (ARV)$1,685,900
Cost of Sale (5%)-$84,295
Carry (33mo @ 7%)-$484,908
Net Proceeds$1,116,698

Projected Profit

-$2,122,303
-65.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95124)

Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

5733 Preston Dr

Sold
$1,181,750
Sold: 2026-10-08
Lot: 7,080
Sqft: 2654
$/Sqft: $445

2322 Meridian Ave

Sold
$1,684,305
Sold: 2026-07-24
Lot: 8,700
Sqft: 2486
$/Sqft: $678

2039 Willester Ave

Sold
$1,400,000
Sold: 2026-06-03
Lot: 7,213
Sqft: 2147
$/Sqft: $652

2790-2792 Union Ave

Sold
$1,549,000
Sold: 2026-05-15
Lot: 7,800
Sqft: 1796
$/Sqft: $862

1801 Terri Way

Sold
$1,540,000
Sold: 2026-04-17
Lot: 8,400
Sqft: 2205
$/Sqft: $698

2896/2898 Union Ave

Sold
$1,250,000
Sold: 2025-10-31
Lot: 7,670
Sqft: 1734
$/Sqft: $721

3129 Trinity Pl

Sold
$1,575,000
Sold: 2025-10-03
Lot: 6,018
Sqft: 2098
$/Sqft: $751