Back to Search
ActiveCondo

$665,000

131 LA Crosse Dr, Morgan Hill 95037

Beds2
Baths2
Sqft1,008
DOM89
No Photos Available

AddressIntel AI Briefing

This property represents a low-cost entry condo investment with stable rental potential. Since there is no land component, focus should be kept strictly on light cosmetic interior upgrades to maximize rental yield and avoid complex structural costs.

Property Permit History

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

Recent Neighborhood Remodeling (Morgan Hill)

Parcel & Zoning Info

APN76742011
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score0/100
Price / Sqft$660 vs $504 mkt
Price vs Market+30.9% Above market
Est. Rent$2,309/mo

Price positioning vs. 952 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

X
Area of minimal flood hazard.

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

Paradise Valley Engineering Academy

Morgan Hill Unified

0.3 miles away
Middle School

Lewis H. Britton Middle

Morgan Hill Unified

1.6 miles away
High School

Live Oak High

Morgan Hill Unified

2.6 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

87/100

Based on recent sales velocity and local demand in 95037.

Flippability Score

45/100

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.

Median of 12 recent condo sales in Morgan Hill (95037): $520/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$1,665,000
Estimated Resale (ARV)$819,000
Cost of Sale (5%)-$40,950
Carry (33mo @ 7%)-$224,263
Net Proceeds$553,788

Projected Profit

-$1,111,213
-66.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Morgan Hill 95037)

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.

227 Del Monte Ln

Sold
$600,000
Sold: 2026-10-05
Lot: 1,308
Sqft: 1365
$/Sqft: $440

217 Spring Ave

Sold
$880,000
Sold: 2026-10-05
Lot: -
Sqft: 1414
$/Sqft: $622

585 Los Castanos Dr

Sold
$980,000
Sold: 2026-09-21
Lot: -
Sqft: 1651
$/Sqft: $594

260 W Dunne Ave Apt 39

Sold
$618,000
Sold: 2026-09-11
Lot: 561
Sqft: 1204
$/Sqft: $513

16963 Susan Ct

Sold
$875,000
Sold: 2026-09-01
Lot: 1,372
Sqft: 1414
$/Sqft: $619

179 Del Monte Ln

Sold
$690,000
Sold: 2026-08-17
Lot: 1,720
Sqft: 1720
$/Sqft: $401

1325 Bloom Ln

Sold
$815,000
Sold: 2026-08-12
Lot: 1,076
Sqft: 1546
$/Sqft: $527

156 Lewis Ln

Sold
$735,000
Sold: 2026-08-03
Lot: -
Sqft: 1187
$/Sqft: $619

448 Creekside Ln

Sold
$675,000
Sold: 2026-07-29
Lot: -
Sqft: 1260
$/Sqft: $536

239 Jarvis Dr

Sold
$672,200
Sold: 2026-07-23
Lot: -
Sqft: 1680
$/Sqft: $400

84 Cardamom Ln Unit 1105

Sold
$896,500
Sold: 2026-07-08
Lot: -
Sqft: 1800
$/Sqft: $498

165 Del Monte Ln

Sold
$648,000
Sold: 2026-07-06
Lot: 1,306
Sqft: 1365
$/Sqft: $475