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ActiveMulti-Family

$1,288,000

585-587 E Saint James St, San Jose 95112

Beds5
Baths3
Sqft2,103
DOM71
No Photos Available

AddressIntel AI Briefing

With SB 9 listed as not applicable and liquefaction hazards raising foundation concerns, the optimal play is a standard historic remodel of this 1898 duplex. Retaining the existing multi-unit configuration allows developers to capture urban rental demand without the friction of ground-up utility work.

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

APN46703094
Official Lot Sqft6,970
Zoning Code--
SB 9 StatusN/A

Seller Motivation

Motivation Score20/100
Low motivation
60+ 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

Horace Mann Elementary

San Jose Unified

0.5 miles away
Middle School

Sunrise Middle

Santa Clara County Office of Education

0.7 miles away
High School

San Jose High

San Jose Unified

0.6 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 95112.

Flippability Score

50/100

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.

Median of 12 recent multi-family sales in San Jose (95112): $475/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,200 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$1,760,000
New Build3,200 sqft
Total Capital Required$3,223,000
Estimated Resale (ARV)$1,596,800
Cost of Sale (5%)-$79,840
Carry (33mo @ 7%)-$434,184
Net Proceeds$1,082,776

Projected Profit

-$2,140,224
-66.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95112)

Sized to the modelled 3,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

392 N 12th St

Sold
$840,000
Sold: 2026-07-16
Lot: 5,796
Sqft: 2900
$/Sqft: $290

S 2nd

Sold
$1,530,000
Sold: 2026-06-18
Lot: 6,625
Sqft: 2726
$/Sqft: $561

E Reed

Sold
$1,350,000
Sold: 2026-06-05
Lot: 6,027
Sqft: 3940
$/Sqft: $343

640 N 3rd St Apt 6

Sold
$1,500,000
Sold: 2026-05-29
Lot: 6,458
Sqft: 3786
$/Sqft: $396

357 S 16th St

Sold
$1,820,000
Sold: 2026-04-30
Lot: 7,040
Sqft: 2840
$/Sqft: $641

309 N 5th St

Sold
$1,045,000
Sold: 2026-04-29
Lot: 6,900
Sqft: 2532
$/Sqft: $413

139 N 6th St

Sold
$2,700,000
Sold: 2026-04-10
Lot: 9,056
Sqft: 3096
$/Sqft: $872

92 N 6th St

Sold
$1,300,000
Sold: 2026-02-09
Lot: 3,036
Sqft: 2976
$/Sqft: $437

421 N 13th St

Sold
$1,503,888
Sold: 2026-01-05
Lot: 5,617
Sqft: 2968
$/Sqft: $507

712 S 2nd St

Sold
$1,150,000
Sold: 2025-12-01
Lot: 4,250
Sqft: 2470
$/Sqft: $466

688 N 11th St

Sold
$1,358,000
Sold: 2025-10-28
Lot: 5,728
Sqft: 2806
$/Sqft: $484

507 N 3rd St

Sold
$2,000,000
Sold: 2025-10-14
Lot: 7,063
Sqft: 2578
$/Sqft: $776