$3,450,000
860 Asbury St, San Jose 95126
AddressIntel AI Briefing
An expensive acquisition that sits near the neighborhood peak, leaving minimal upside for investors. Soil liquefaction issues add risk to any structural modifications of this large home.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2026-08-18 | 1 & 2 Family Residential | Active | -- | CITADEL ROOFING & SOLAR Citadel Permits |
Recent Neighborhood Remodeling (San Jose)
Parcel & Zoning Info
ADU Potential
Flag / irregular · Corner lot · ~168 ft frontage × 183 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
SB 79 preempts the limit these figures are measured against. This parcel sits within a half mile of a qualifying transit stop in a city that adopted the state standards, so state law overrides the local height and density caps and the governing envelope is a multifamily one, substantially larger than the city's single-family allowance. Read the score, class and headroom above as describing the municipal rule only, not this parcel's ceiling. Confirm the city's adopted SB 79 implementation before underwriting.
Meaningful unused floor-area headroom under current zoning, room to add square footage. The city’s single-family rule allows roughly 4,312 sqft of gross floor area on this lot.
Screening estimate comparing existing living area to the city's single-family floor-area limit, which SB 79 preempts on this parcel. 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. 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
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
59/100
Based on recent sales velocity and local demand in 95126.
Flippability Score
35/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
1%
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.
SB 79 governs this parcel. It sits within a half mile of a qualifying transit stop in a city that adopted the state standards, so state law preempts the local height and density limits and the real ceiling here is a multifamily one, well above what the city's single-family rule allows. The figures below model a detached rebuild, which is not the play on this lot — we don't quote a return on it. Check the city's adopted SB 79 implementation before you underwrite.
Median of 12 recent single-family sales in San Jose (95126): $1,005/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 4,300 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Jose 95126)
Sized to the modelled 4,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.