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ActiveCondo

$688,000

1538 Meadow Ridge Cir, San Jose 95131

Beds2
Baths2
Sqft988
DOM102
No Photos Available

AddressIntel AI Briefing

An updated condo unit offering a standard, low-maintenance investment opportunity near market value. The asset yields stable rental prospects at around $2,549 per month with no potential for further subdivision. Buyers should note the liquefaction hazard zone, which may marginally affect building insurance premiums.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

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Parcel & Zoning Info

APN24118060
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score58/100
Price / Sqft$696 vs $724 mkt
Price vs Market-3.8% At market
Est. Rent$2,389/mo

Price positioning vs. 190 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 Score30/100
Some motivation
90+ 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

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

Vinci Park Elementary

Berryessa Union Elementary

0.6 miles away
Middle School

ACE Inspire Academy

San Jose Unified

2.1 miles away
High School

Santa Clara County Community

Santa Clara County Office of Education

0.9 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

62/100

Based on recent sales velocity and local demand in 95131.

Flippability Score

42/100

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

Bidding War Prob.

18%

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 (95131): $584/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$1,688,000
Estimated Resale (ARV)$919,500
Cost of Sale (5%)-$45,975
Carry (33mo @ 7%)-$228,690
Net Proceeds$644,835

Projected Profit

-$1,043,165
-61.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95131)

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.

1241 Avenida Las Brisas

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