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ActiveCondo

$529,000

144 S 3rd St Unit 332, San Jose 95112

Beds1
Baths1
Sqft1,023
DOM64
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

DateProject TypeStatusValuationContractor
2026-08-06CondoActive--Unknown

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

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

Condo Investment Snapshot

Value Score64/100
Price / Sqft$517 vs $557 mkt
Price vs Market-7.2% Below market
Est. Rent$1,837/mo

2 units in this building are on the market now (median $501/sqft).

Price positioning vs. 85 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.

Seller Motivation

Motivation Score20/100
Low motivation
60+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

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

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): $482/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. 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.

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$825,000
New Build1,500 sqft
Total Capital Required$1,529,000
Estimated Resale (ARV)$759,000
Cost of Sale (5%)-$37,950
Carry (33mo @ 7%)-$198,083
Net Proceeds$522,968

Projected Profit

-$1,006,033
-65.8% 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.

30 E Julian St Unit 203

Sold
$750,000
Sold: 2026-10-09
Lot: 1,271
Sqft: 1271
$/Sqft: $590

144 S 3rd St Unit 509

Sold
$640,000
Sold: 2026-10-02
Lot: -
Sqft: 1421
$/Sqft: $450

125 Patterson St Unit 127

Sold
$599,999
Sold: 2026-09-21
Lot: -
Sqft: 1397
$/Sqft: $429

144 S 3rd St Unit 629

Sold
$715,000
Sold: 2026-09-14
Lot: -
Sqft: 1421
$/Sqft: $503

800 N 8th St Unit 101

Sold
$625,000
Sold: 2026-09-14
Lot: -
Sqft: 1173
$/Sqft: $533

144 S 3rd St Unit 103

Sold
$900,000
Sold: 2026-09-04
Lot: 480
Sqft: 1727
$/Sqft: $521

350 N 2nd St Apt 335

Sold
$510,000
Sold: 2026-08-28
Lot: -
Sqft: 1204
$/Sqft: $424

130 E San Fernando St Apt 508

Sold
$685,000
Sold: 2026-08-27
Lot: 1,578
Sqft: 1622
$/Sqft: $422

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