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ActiveMulti-Family

$2,088,000

646 Rebecca Way, San Jose 95117

Beds8
Baths5.5
Sqft4,030
DOM3
No Photos Available

AddressIntel AI Briefing

Because SB 9 and ADU development pathways are completely blocked here, standard interior remodeling is the only viable route. The lack of development levers on this site severely undercuts any expansion or redevelopment plans.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-08-20658 BANFF ST , SAN JOSE CA 95116-3304
Apartment
--Active
2026-08-204908 RICE DR , SAN JOSE CA 95111-3962
Single-Family
--Active
2026-08-2057 S 19TH ST , SAN JOSE CA 95116-2204
Apartment
--Active
2026-08-205961 GLENEAGLES CL , SAN JOSE CA 95138-0000
Single-Family
$28,997Active
2026-08-201065 WHITEBICK DR , SAN JOSE CA 95129-3051
Townhouse
--Active
2026-08-203454 PARKLAND AV , SAN JOSE CA 95117-2919
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN29938059
Official Lot Sqft7,405
Zoning Code--
SB 9 StatusN/A

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.

Nearby Public Schools

Elementary School

Lynhaven Elementary

Campbell Union

0.5 miles away
Middle School

Monroe Middle

Campbell Union

1.4 miles away
High School

Boynton High

Campbell Union High

0.4 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

77/100

Based on recent sales velocity and local demand in 95117.

Flippability Score

20/100

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

Bidding War Prob.

22%

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 3 recent multi-family sales in San Jose (95117): $466/sqft. Sized within 50% of the 6,000 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.

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$3,300,000
New Build6,000 sqft
Total Capital Required$5,563,000
Estimated Resale (ARV)$2,796,000
Cost of Sale (5%)-$139,800
Net Proceeds$2,656,200

Projected Profit

-$2,906,800
-52.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95117)

Sized to the modelled 6,000 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3147 Williamsburg Dr

Sold
$2,125,000
Sold: 2025-12-12
Lot: 8,976
Sqft: 3222
$/Sqft: $660

1113 Roewill Dr

Sold
$2,125,000
Sold: 2025-10-28
Lot: 8,097
Sqft: 4560
$/Sqft: $466

843 Opal Dr

Sold
$1,785,000
Sold: 2025-10-17
Lot: 7,808
Sqft: 3828
$/Sqft: $466