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ActiveCondo

$639,000

2555 Gimelli Ct Apt 62, San Jose 95133

Beds3
Baths2
Sqft1,103
DOM4
No Photos Available

AddressIntel AI Briefing

This property is positioned as a highly attractive condo investment due to its significant discount relative to recent building comps. It offers strong prospective rental yield with potential for a bulk building acquisition play if other units become available.

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
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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
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$126,240Active
2026-10-19 • 6530 STONEHILL CT , SAN JOSE CA 95120-1614
Single-Family
$10,234Active

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score71/100
Price / Sqft$579 vs $649 mkt
Price vs Market-10.7% Below market
Est. Rent$2,219/mo

Price positioning vs. 164 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.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

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

Ben Painter Elementary

Alum Rock Union Elementary

0.3 miles away
Middle School

William Sheppard Middle

Alum Rock Union Elementary

0.4 miles away
High School

Independence High

East Side Union High

0.4 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

58/100

Based on recent sales velocity and local demand in 95133.

Flippability Score

60/100

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 12 recent condo sales in San Jose (95133): $577/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$1,749,000
Estimated Resale (ARV)$1,030,200
Cost of Sale (5%)-$51,510
Carry (33mo @ 7%)-$229,845
Net Proceeds$748,845

Projected Profit

-$1,000,155
-57.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95133)

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.

1903 Dobbin Dr

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$1,040,000
Sold: 2026-09-03
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Sqft: 2015
$/Sqft: $516

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$720,000
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$950,000
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385 Englert Ct

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$127,000
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651 N Capitol Ave

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$865,000
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590 Cedarville Ln

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$1,010,000
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$/Sqft: $558

944 Tomcot Ct

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$1,389,000
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$/Sqft: $807

960 Tomcot Ct

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$1,389,000
Sold: 2026-01-22
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$/Sqft: $715

994 Harcot Ct

Sold
$1,066,500
Sold: 2025-12-24
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$/Sqft: $709

652 Obsidian Dr

Sold
$1,275,000
Sold: 2025-12-05
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Sqft: 2015
$/Sqft: $633