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ActiveMulti-Family

$2,399,000

240 Richfield Dr, San Jose 95129

Beds10
Baths6
Sqft4,086
DOM10
No Photos Available

AddressIntel AI Briefing

This property is already fully updated and commands a high price per square foot, which eliminates the feasibility of a teardown. Investors should look at this as a long-term buy-and-hold asset rather than a speculative development project.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

7/4/20261045 ZARICK DR , SAN JOSE CA 95129-3355
Single-Family
--Active
7/4/20261473 LESHER CT , SAN JOSE CA 95125-3936
Single-Family
--Active
7/4/20264877 MONTREAL DR , SAN JOSE CA 95130-2234
Single-Family
$17,220Active
7/4/20262373 LINCOLN VILLAGE DR , SAN JOSE CA 95125-2736
Condo
--Active
7/4/20264562 ALEX DR , SAN JOSE CA 95130-2003
Single-Family
--Active
7/4/20262298 BIKINI AV , SAN JOSE CA 95122-3012
Single-Family
$13,776Active

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Proprietary Intelligence

Market Heat Index

67/100

Based on recent sales velocity and local demand in 95129.

Flippability Score

35/100

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

Bidding War Prob.

49%

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.

Based on 6 recent sales in 95129 averaging $1,789/sqft.

Hard Costs$2,451,600
New Build6,129 sqft
Total Capital Required$5,025,600
Estimated Resale (ARV)$10,964,781

Projected Profit

$5,939,181
118.2% ROI

Recent Comparables (95129)

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Sold
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Sqft: 1133
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1360 Saratoga Ave

Sold
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Sold: 2026-06-30
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Sqft: 1128
$/Sqft: $1,551

957 Amstutz Dr

Sold
$2,240,000
Sold: 2026-06-29
Lot: 6,200
Sqft: 1371
$/Sqft: $1,634