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ActiveTownhouse

$1,298,000

1457 Mercado Way, San Jose 95131

Beds4
Baths3.5
Sqft1,851
DOM7
No Photos Available

AddressIntel AI Briefing

This modern, turnkey townhouse is priced almost exactly at market parity, offering a highly stable but low-margin investment option. Its high-quality 2014 construction and strong estimated rental yield make it an attractive hands-off play for a passive investor. Because there is only one active unit, a bulk consolidation play is not possible, but the property represents a reliable, hassle-free buy-and-hold.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-09-164335 STONE CANYON DR , SAN JOSE CA 95136-2421
1 & 2 Family Residential
--Active
2026-09-164633 BLUE RIDGE DR , SAN JOSE CA 95129-4302
Single-Family
$21,084Active
2026-09-161474 MCKENDRIE ST , SAN JOSE CA 95126-1619
Single-Family
$23,436Active
2026-09-16267 S 14TH ST , SAN JOSE CA 95112-2131
Single-Family
--Active
2026-09-162271 SUN GLORY LN A , SAN JOSE CA 95124-1457
Condo
--Active
2026-09-162389 LOST OAKS DR , SAN JOSE CA 95124-4935
Single-Family
--Active

Parcel & Zoning Info

APN24144053
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score50/100
Price / Sqft$701 vs $700 mkt
Price vs Market+0.2% At market
Est. Rent$4,507/mo

Price positioning vs. 111 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

D
Special flood hazard area; insurance may be required.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

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

Vinci Park Elementary

Berryessa Union Elementary

0.7 miles away
Middle School

ACE Inspire Academy

San Jose Unified

1.4 miles away
High School

San Jose Conservation Corps Charter

East Side 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

60/100

Based on recent sales velocity and local demand in 95131.

Flippability Score

30/100

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

Bidding War Prob.

13%

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 4 recent townhome sales in San Jose (95131): $646/sqft. Sized within 25% of the 2,800 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.

Hard Costs$1,540,000
New Build2,800 sqft
Total Capital Required$3,013,000
Estimated Resale (ARV)$1,808,800
Cost of Sale (5%)-$90,440
Net Proceeds$1,718,360

Projected Profit

-$1,294,640
-43.0% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95131)

Sized to the modelled 2,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1038 Giacomo Ln

Sold
$1,380,000
Sold: 2026-04-24
Lot: 1,847
Sqft: 2106
$/Sqft: $655

1756 Ringwood Ave

Sold
$1,410,000
Sold: 2026-04-24
Lot: -
Sqft: 2170
$/Sqft: $650

1087 Bigleaf Pl Unit 105

Sold
$1,380,000
Sold: 2025-12-10
Lot: 778
Sqft: 2243
$/Sqft: $615

1172 McKay Dr

Sold
$1,395,000
Sold: 2025-08-25
Lot: 971
Sqft: 2170
$/Sqft: $643