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Off-MarketSingle Family

$1,988,000

4359 Venice Way, San Jose 95129

Beds3
Baths2
Sqft1,648
DOM13
No Photos Available

AddressIntel AI Briefing

A prime teardown-and-mansionize opportunity on a 6,970 sqft lot in a highly sought-after San Jose zip code with active permit heat nearby. With no environmental hazards and a potential ARV exceeding $4.2M, rebuilding a modern estate yields exceptional development ROI.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-09-201134 WATERTON LN , SAN JOSE CA 95131-2746
Townhouse
--Active
2026-09-191625 FAIRWOOD AV , SAN JOSE CA 95125-4938
Single-Family
--Active
2026-09-195071 ELROSE AV , SAN JOSE CA 95124-5606
Single-Family
$18,072Active
2026-09-195315 HARWOOD RD , SAN JOSE CA 95124-5712
Single-Family
--Active
2026-09-197194 BROOKTREE CT , SAN JOSE CA 95120-3235
Single-Family
--Active
2026-09-181570 ALISAL AV , SAN JOSE CA 95125-5033
Single-Family
--Active

Parcel & Zoning Info

APN38117010
Official Lot Sqft6,970
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus AB 1033 (sell ADU as condo)
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score82/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage23.6%

Wide & shallow · Corner lot · ~92 ft frontage × 108 ft deep, limited depth, an ADU likely sits beside the house rather than behind it. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Redevelopment Potential

Redevelopment Score50/100
ClassExpansion room
FAR Utilization53% of allowed
Buildable Headroom+1,488 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 3,136 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR figure is a discretionary-review trigger, not a hard cap. Treat as approximate. Source: SJMC 20.30.200; 20.100.1020 (Single-Family House Permit) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

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

Discovery Charter

Santa Clara County Office of Education

0.4 miles away
Middle School

Moreland Middle

Moreland

1.1 miles away
High School

Boynton High

Campbell Union High

0.8 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

69/100

Based on recent sales velocity and local demand in 95129.

Flippability Score

92/100

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

Bidding War Prob.

48%

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.

Zoning allows roughly 3,136 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.

Median of 12 recent single-family sales in San Jose (95129): $1,453/sqft. 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.

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$1,705,000
New Build3,100 sqft
Total Capital Required$3,868,000
Estimated Resale (ARV)$4,504,300
Cost of Sale (5%)-$225,215
Net Proceeds$4,279,085

Projected Profit

$411,085
10.6% ROI

Warning: Margin is tight for the construction risk.

Recent Comparables (San Jose 95129)

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.

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