Back to Search
ActiveMulti-Family

$1,880,000

David, San Jose 95128

Beds1
Baths1
Sqft2,910
DOM0
No Photos Available

AddressIntel AI Briefing

Remodeling the existing large floor plan to maximize bedrooms for co-living is the optimal play in this renter-dominated market. Teardown or subdivision plays are economically impossible because the acquisition basis significantly outpaces new-build resale comps. A targeted interior update will quickly position the property for high-yield cash flow.

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
2026-10-19 • 5772 TROWBRIDGE WY , SAN JOSE CA 95138-0000
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

APN27926057
Official Lot Sqft6,534
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

Castlemont Elementary

Campbell Union

0.2 miles away
Middle School

Monroe Middle

Campbell Union

0.8 miles away
High School

Del Mar High

Campbell Union High

1.2 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

78/100

Based on recent sales velocity and local demand in 95128.

Flippability Score

10/100

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

Bidding War Prob.

12%

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 multi-family sales in San Jose (95128): $482/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 4,400 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$2,420,000
New Build4,400 sqft
Total Capital Required$4,475,000
Estimated Resale (ARV)$2,226,400
Cost of Sale (5%)-$111,320
Carry (33mo @ 7%)-$611,669
Net Proceeds$1,503,411

Projected Profit

-$2,971,589
-66.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95128)

Sized to the modelled 4,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

2949-2951 Driftwood Dr

Sold
$1,800,000
Sold: 2026-08-14
Lot: 7,800
Sqft: 3342
$/Sqft: $539

Cleveland

Sold
$1,600,000
Sold: 2026-07-02
Lot: 5,625
Sqft: 3761
$/Sqft: $425

Deland

Sold
$1,590,000
Sold: 2026-06-22
Lot: -
Sqft: 3510
$/Sqft: $453

2469 Olive Ave

Sold
$1,875,000
Sold: 2026-06-19
Lot: 4,725
Sqft: 3304
$/Sqft: $567

921 Ravenscourt Ave

Sold
$700,000
Sold: 2026-03-27
Lot: -
Sqft: 3328
$/Sqft: $210

2044 McDaniel Ave

Sold
$2,000,000
Sold: 2026-03-10
Lot: 7,360
Sqft: 3758
$/Sqft: $532

704 Concord Ave

Sold
$1,775,000
Sold: 2026-02-12
Lot: 9,148
Sqft: 3770
$/Sqft: $471

2958 Neet Ave

Sold
$2,095,000
Sold: 2025-10-23
Lot: 10,149
Sqft: 3973
$/Sqft: $527

2985 Walgrove Way

Sold
$1,950,000
Sold: 2025-10-03
Lot: 9,636
Sqft: 3973
$/Sqft: $491

922 Leigh Ave

Sold
$1,800,000
Sold: 2025-10-01
Lot: 10,751
Sqft: 3802
$/Sqft: $473

935 Ravenscourt Ave Apt 4

Sold
$1,800,000
Sold: 2025-09-12
Lot: -
Sqft: 3328
$/Sqft: $541

883 Di Fiore Dr

Sold
$1,770,000
Sold: 2025-09-10
Lot: 6,895
Sqft: 3993
$/Sqft: $443