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ActiveCondo

$569,000

144 S 3rd St Unit 332, San Jose 95112

Beds1
Baths1
Sqft1,023
DOM5
No Photos Available

AddressIntel AI Briefing

This updated condo is priced near fair market value, offering a stable rental income of $1,976 per month. Six active listings in the building suggest a possible bulk play opportunity, though individual margins remain tight.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-20658 BANFF ST , SAN JOSE CA 95116-3304
Apartment
--Active
2026-08-204908 RICE DR , SAN JOSE CA 95111-3962
Single-Family
--Active
2026-08-2057 S 19TH ST , SAN JOSE CA 95116-2204
Apartment
--Active
2026-08-205961 GLENEAGLES CL , SAN JOSE CA 95138-0000
Single-Family
$28,997Active
2026-08-201065 WHITEBICK DR , SAN JOSE CA 95129-3051
Townhouse
--Active
2026-08-203454 PARKLAND AV , SAN JOSE CA 95117-2919
1 & 2 Family Residential
--Active

Parcel & Zoning Info

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

Condo Investment Snapshot

Value Score50/100
Price / Sqft$556 vs $557 mkt
Price vs Market-0.2% At market
Est. Rent$1,976/mo

6 units in this building are on the market now (median $533/sqft), a possible bulk-acquisition / de-conversion play.

Price positioning vs. 51 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.

Nearby Public Schools

Elementary School

Horace Mann Elementary

San Jose Unified

0.3 miles away
Middle School

Sunrise Middle

Santa Clara County Office of Education

1.4 miles away
High School

San Jose High

San Jose Unified

1.3 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

65/100

Based on recent sales velocity and local demand in 95112.

Flippability Score

40/100

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

Bidding War Prob.

15%

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 (95112): $544/sqft. Sized within 25% of the 1,500 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.

Hard Costs$825,000
New Build1,500 sqft
Total Capital Required$1,569,000
Estimated Resale (ARV)$816,000
Cost of Sale (5%)-$40,800
Net Proceeds$775,200

Projected Profit

-$793,800
-50.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95112)

Sized to the modelled 1,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

144 S 3rd St Unit 425

Sold
$687,000
Sold: 2026-08-21
Lot: -
Sqft: 1493
$/Sqft: $460

130 E San Fernando St Apt 408

Sold
$695,000
Sold: 2026-07-06
Lot: -
Sqft: 1622
$/Sqft: $428

800 N 8th St Unit 220

Sold
$625,000
Sold: 2026-06-17
Lot: 1,222
Sqft: 1214
$/Sqft: $515

800 N 8th St Unit 305

Sold
$750,000
Sold: 2026-06-05
Lot: -
Sqft: 1399
$/Sqft: $536

1 E Julian St Unit 316

Sold
$815,000
Sold: 2026-05-21
Lot: 882
Sqft: 1348
$/Sqft: $605

30 E Julian St Unit 208

Sold
$765,000
Sold: 2026-05-14
Lot: -
Sqft: 1271
$/Sqft: $602

430 N 1st St Unit 303

Sold
$675,000
Sold: 2026-05-06
Lot: -
Sqft: 1221
$/Sqft: $553

130 E San Fernando St Apt 504

Sold
$678,000
Sold: 2026-04-03
Lot: -
Sqft: 1622
$/Sqft: $418

144 S 3rd St Unit 511

Sold
$755,000
Sold: 2026-03-19
Lot: 641
Sqft: 1421
$/Sqft: $531

350 N 2nd St Apt 323

Sold
$660,000
Sold: 2026-02-27
Lot: -
Sqft: 1178
$/Sqft: $560

951 S 12th St Apt 310

Sold
$675,000
Sold: 2026-02-13
Lot: -
Sqft: 1211
$/Sqft: $557

800 N 8th St Unit 207

Sold
$685,000
Sold: 2026-02-11
Lot: -
Sqft: 1173
$/Sqft: $584