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ActiveCondo

$499,000

1060 S 3rd St Apt 307, San Jose 95112

Beds2
Baths2
Sqft1,100
DOM15
No Photos Available

AddressIntel AI Briefing

An excellent bulk or individual rental investment, priced nearly 19% below local comparable market metrics. Strong permit activity in the wider San Jose area indicates great city-wide momentum for residential assets. High rental demand from a low owner-occupancy census tract will keep vacancy rates minimal.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-07-211984 NORTH STAR CL , SAN JOSE CA 95131-0000
1 & 2 Family Residential
--Active
2026-07-209056 VILLAGE VIEW LP , SAN JOSE CA 95135-0000
Condo
--Active
2026-07-201320 LICK AV , SAN JOSE CA 95110-3230
Apartment
--Active
2026-07-205138 FOREST GLEN DR , SAN JOSE CA 95129-2123
Single-Family
--Active
2026-07-202286 CHERRYSTONE DR , SAN JOSE CA 95128-1218
Single-Family
--Active
2026-07-201545 LAURELWOOD CROSSING TR , SAN JOSE CA
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN47242123
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score88/100
Price / Sqft$454 vs $561 mkt
Price vs Market-19.1% Below market
Est. Rent$1,733/mo

2 units in this building are on the market now (median $488/sqft).

Price positioning vs. 45 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.

Nearby Public Schools

Elementary School

Washington Elementary

San Jose Unified

0.3 miles away
Middle School

College Connection Academy

Franklin-McKinley Elementary

1.5 miles away
High School

Yerba Buena High

East Side Union High

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

63/100

Based on recent sales velocity and local demand in 95112.

Flippability Score

60/100

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

Bidding War Prob.

14%

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 95112 averaging $625/sqft.

Hard Costs$660,000
New Build1,650 sqft
Total Capital Required$1,334,000
Estimated Resale (ARV)$1,031,250

Projected Profit

-$302,750
-22.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (95112)

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