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ActiveMulti-Family

$1,450,000

1026-1028 Nottingham Pl, San Jose 95117

Beds5
Baths3
Sqft2,066
DOM59
No Photos Available

AddressIntel AI Briefing

With SB 9 marked as inapplicable and no ADU pathways, standard density plays are effectively blocked at this location. The optimal play is a standard value-add cosmetic renovation to capture market demand for turn-key rentals in this moderate-income census tract. High active builder permits nearby indicate market heat, but development should be restricted to the existing building footprint.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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--Active
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$10,234Active

Parcel & Zoning Info

APN29918054
Official Lot Sqft6,534
Zoning Code--
SB 9 StatusN/A

Seller Motivation

Motivation Score20/100
Low motivation
Tenant-occupied45+ 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

No
Not in a mapped liquefaction zone.

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

Leroy Anderson Elementary

Moreland

0.3 miles away
Middle School

Monroe Middle

Campbell Union

1.3 miles away
High School

Boynton High

Campbell Union High

0.2 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

76/100

Based on recent sales velocity and local demand in 95117.

Flippability Score

40/100

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

Bidding War Prob.

22%

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 multi-family sales in San Jose (95117): $541/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,100 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$1,705,000
New Build3,100 sqft
Total Capital Required$3,330,000
Estimated Resale (ARV)$1,760,800
Cost of Sale (5%)-$88,040
Carry (33mo @ 7%)-$460,075
Net Proceeds$1,212,685

Projected Profit

-$2,117,315
-63.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95117)

Sized to the modelled 3,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3216 Neal Ave

Sold
$1,600,000
Sold: 2026-07-28
Lot: 8,064
Sqft: 2552
$/Sqft: $627

822 Opal Dr

Sold
$1,520,000
Sold: 2026-07-21
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Sqft: 2686
$/Sqft: $566

3228 Neal Ave

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$1,750,000
Sold: 2026-06-10
Lot: 9,040
Sqft: 2552
$/Sqft: $686

1112 Nottingham Pl

Sold
$1,550,000
Sold: 2026-02-17
Lot: 6,600
Sqft: 2372
$/Sqft: $653

3228 Williamsburg Dr

Sold
$1,620,000
Sold: 2026-01-08
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Sqft: 2880
$/Sqft: $563

3147 Williamsburg Dr

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$2,125,000
Sold: 2025-12-12
Lot: 8,976
Sqft: 3222
$/Sqft: $660

843 Opal Dr

Sold
$1,785,000
Sold: 2025-10-17
Lot: 7,808
Sqft: 3828
$/Sqft: $466

3231 Impala Dr

Sold
$1,760,000
Sold: 2025-09-10
Lot: 6,618
Sqft: 3688
$/Sqft: $477

834 Teresi Ct

Sold
$1,600,000
Sold: 2025-09-08
Lot: 7,405
Sqft: 3828
$/Sqft: $418

3203 Myles Ct

Sold
$1,800,000
Sold: 2025-08-22
Lot: 6,720
Sqft: 3546
$/Sqft: $508

3207 Myles Ct

Sold
$1,800,000
Sold: 2025-08-22
Lot: 6,720
Sqft: 3546
$/Sqft: $508

3178 Williamsburg Dr

Sold
$1,497,000
Sold: 2025-07-28
Lot: 7,448
Sqft: 2880
$/Sqft: $520