$2,200,000
1455 McKendrie St, San Jose 95126
AddressIntel AI Briefing
An SB 9 lot split into multiple units is the optimal play given the sprawling 10,019 sqft lot, allowing developers to offset liquefaction engineering costs through scale. Despite the 1927 structure being listed as updated, the massive lot and 90.6% owner-occupancy in a high-income census block support premium exit valuations. Leveraging AB 1033 can further unlock separate sales of developed ADUs.
Property Permit History
Recent Neighborhood Remodeling (San Jose)
Parcel & Zoning Info
ADU Potential
Flag / irregular · Corner lot · ~179 ft frontage × 182 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.
Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.
Redevelopment Potential
Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. Zoning allows roughly 4,509 sqft of gross floor area on this lot.
Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR figure is a discretionary-review trigger, not a hard cap. Treat as approximate. Source: SJMC 20.30.200; 20.100.1020 (Single-Family House Permit) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
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
Merritt Trace Elementary
San Jose Unified
Herbert Hoover Middle
San Jose Unified
Abraham Lincoln High
San Jose Unified
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
63/100
Based on recent sales velocity and local demand in 95126.
Flippability Score
68/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
14%
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.
Zoning allows roughly 4,509 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.
Median of 7 recent single-family sales in San Jose (95126): $1,024/sqft. Sized within 25% of the 4,500 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Jose 95126)
Sized to the modelled 4,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.