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ActiveCondo

$598,000

2203 LA Terrace Cir, San Jose 95123

Beds2
Baths1
Sqft904
DOM1
No Photos Available

AddressIntel AI Briefing

A compact, modern townhouse that represents a stable rental play. This asset is best positioned as a turnkey investment to tap into the local area's consistent demand and strong yields.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-09-164335 STONE CANYON DR , SAN JOSE CA 95136-2421
1 & 2 Family Residential
--Active
2026-09-164633 BLUE RIDGE DR , SAN JOSE CA 95129-4302
Single-Family
$21,084Active
2026-09-161474 MCKENDRIE ST , SAN JOSE CA 95126-1619
Single-Family
$23,436Active
2026-09-16267 S 14TH ST , SAN JOSE CA 95112-2131
Single-Family
--Active
2026-09-162271 SUN GLORY LN A , SAN JOSE CA 95124-1457
Condo
--Active
2026-09-162389 LOST OAKS DR , SAN JOSE CA 95124-4935
Single-Family
--Active

Parcel & Zoning Info

APN69443043
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score23/100
Price / Sqft$662 vs $582 mkt
Price vs Market+13.7% Above market
Est. Rent$2,076/mo

Price positioning vs. 131 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

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

Allen at Steinbeck

San Jose Unified

0.6 miles away
Middle School

Herman (Leonard) Intermediate

Oak Grove Elementary

1.5 miles away
High School

Pioneer High

San Jose Unified

1.0 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

100/100

Based on recent sales velocity and local demand in 95123.

Flippability Score

35/100

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

Bidding War Prob.

11%

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 (95123): $529/sqft. Sized within 25% of the 1,400 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$770,000
New Build1,400 sqft
Total Capital Required$1,543,000
Estimated Resale (ARV)$740,600
Cost of Sale (5%)-$37,030
Net Proceeds$703,570

Projected Profit

-$839,430
-54.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95123)

Sized to the modelled 1,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

5933 Sunstone Dr Unit 218

Sold
$720,000
Sold: 2026-09-08
Lot: -
Sqft: 1229
$/Sqft: $586

539 Giuffrida Ave Apt B

Sold
$740,000
Sold: 2026-09-08
Lot: -
Sqft: 1333
$/Sqft: $555

343 Tradewinds Dr

Sold
$588,000
Sold: 2026-09-04
Lot: -
Sqft: 1122
$/Sqft: $524

295 Tradewinds Dr Apt 202

Sold
$682,000
Sold: 2026-08-31
Lot: 435
Sqft: 1466
$/Sqft: $465

311 Tradewinds Dr

Sold
$595,000
Sold: 2026-08-31
Lot: 1,122
Sqft: 1122
$/Sqft: $530

5933 Sunstone Dr Unit 306

Sold
$776,000
Sold: 2026-08-27
Lot: 20,425
Sqft: 1306
$/Sqft: $594

5232 Makati Cir

Sold
$640,000
Sold: 2026-08-27
Lot: -
Sqft: 1233
$/Sqft: $519

5320 Borneo Cir

Sold
$635,000
Sold: 2026-08-24
Lot: -
Sqft: 1122
$/Sqft: $566

1608 LA Terrace Cir

Sold
$575,000
Sold: 2026-08-21
Lot: 17,297
Sqft: 1138
$/Sqft: $505

5192 Makati Cir

Sold
$614,250
Sold: 2026-08-19
Lot: 1,264
Sqft: 1233
$/Sqft: $498

5392 Borneo Cir

Sold
$591,000
Sold: 2026-08-07
Lot: 1,250
Sqft: 1122
$/Sqft: $527

330 Oleander Dr

Sold
$970,000
Sold: 2026-07-27
Lot: 696
Sqft: 1378
$/Sqft: $704