$640,000
38 N Almaden Blvd Unit 608, San Jose 95110
AddressIntel AI Briefing
This downtown San Jose condo is priced above market comps and suffers from compressed rental yields. With multiple units currently active in the building, it lacks the pricing power or bulk acquisition discount required for a strong investment play.
Property Permit History
Recent Neighborhood Remodeling (San Jose)
Parcel & Zoning Info
Condo Investment Snapshot
2 units in this building are on the market now (median $677/sqft).
Price positioning vs. 136 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
Fire Severity
Liquefaction
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
Horace Mann Elementary
San Jose Unified
Muwekma Ohlone Middle
San Jose Unified
Abraham Lincoln High
San Jose Unified
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
51/100
Based on recent sales velocity and local demand in 95110.
Flippability Score
30/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
8%
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 (95110): $680/sqft. Sized within 25% of the 1,200 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Jose 95110)
Sized to the modelled 1,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.