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ActiveCondo

$949,999

43 Bassett St, San Jose 95110

Beds3
Baths2.5
Sqft2,008
DOM0
No Photos Available

AddressIntel AI Briefing

This property represents a highly attractive condo investment purchase, priced substantially below the market average per square foot. The optimal play is an individual rental acquisition to capture the strong local yield, or a strategic bulk purchase if other units in the complex become available. The unit sits in a liquefaction zone, which is managed at the HOA building level.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-19 • 192 NEW RIVER DR , SAN JOSE CA 95119-1850
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1 & 2 Family Residential
--Active
2026-10-19 • 639 N MONROE ST , SAN JOSE CA 95128-1341
Single-Family
$143,135Active
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2026-10-19 • 6530 STONEHILL CT , SAN JOSE CA 95120-1614
Single-Family
$10,234Active

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score100/100
Price / Sqft$473 vs $682 mkt
Price vs Market-30.7% Below market
Est. Rent$3,299/mo

Price positioning vs. 153 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

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

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

Horace Mann Elementary

San Jose Unified

0.6 miles away
Middle School

Muwekma Ohlone Middle

San Jose Unified

0.9 miles away
High School

San Jose High

San Jose Unified

1.4 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

64/100

Based on recent sales velocity and local demand in 95110.

Flippability Score

70/100

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 San Jose (95110): $549/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 3,000 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$1,650,000
New Build3,000 sqft
Total Capital Required$2,774,999
Estimated Resale (ARV)$1,728,000
Cost of Sale (5%)-$86,400
Carry (33mo @ 7%)-$358,531
Net Proceeds$1,283,069

Projected Profit

-$1,491,930
-53.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95110)

Sized to the modelled 3,000 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

46 W Julian St Unit 333

Sold
$810,000
Sold: 2026-10-13
Lot: -
Sqft: 1596
$/Sqft: $508

38 N Almaden Blvd Unit 2108

Sold
$2,000,000
Sold: 2026-09-03
Lot: 21,210
Sqft: 1836
$/Sqft: $1,089

46 W Julian St Unit 418

Sold
$755,000
Sold: 2026-08-26
Lot: 29,337
Sqft: 1652
$/Sqft: $457

46 W Julian St Unit 518

Sold
$825,000
Sold: 2026-03-25
Lot: -
Sqft: 1647
$/Sqft: $501

46 W Julian St Unit 308

Sold
$750,000
Sold: 2026-02-26
Lot: -
Sqft: 1647
$/Sqft: $455

38 N Almaden Blvd Unit 2001

Sold
$1,600,000
Sold: 2026-02-16
Lot: -
Sqft: 1712
$/Sqft: $935

46 W Julian St Unit 524

Sold
$780,000
Sold: 2025-11-06
Lot: 29,337
Sqft: 1652
$/Sqft: $472

38 N Almaden Blvd Unit 1023

Sold
$1,025,000
Sold: 2025-10-06
Lot: 21,210
Sqft: 1502
$/Sqft: $682

108 Balbach St Apt 12

Sold
$950,000
Sold: 2025-09-19
Lot: 1,232
Sqft: 1675
$/Sqft: $567

46 W Julian St Unit 527

Sold
$840,000
Sold: 2025-08-29
Lot: -
Sqft: 1563
$/Sqft: $537

163 San Pedro Cir

Sold
$905,000
Sold: 2025-08-08
Lot: 1,650
Sqft: 1617
$/Sqft: $560

38 N Almaden Blvd Unit 323

Sold
$1,320,000
Sold: 2025-07-31
Lot: -
Sqft: 1502
$/Sqft: $879