Back to Search
ActiveMulti-Family

$1,898,000

1128 Oakmont Dr, San Jose 95117

Beds9
Baths5
Sqft4,169
DOM77
No Photos Available

AddressIntel AI Briefing

With SB 9 listed as not applicable and lot coverage at 44%, density expansion is largely blocked on this parcel. High entry pricing relative to the projected size-matched ARV yields a negative return on development capital. Investors should pass on this asset unless a substantial price reduction occurs.

Property Permit History

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

Recent Neighborhood Remodeling (San Jose)

2026-10-21 • 2888 WHITTINGTON DR , SAN JOSE CA 95148-3042
Single-Family
$2,212,200Active
2026-10-20 • 4995 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$115,685Active
2026-10-20 • 3959 WHINNEY PLACE WY , SAN JOSE CA 95121-1957
Single-Family
$53,464Active
2026-10-20 • 1378 KEENAN WY , SAN JOSE CA 95125-5990
Townhouse
--Active
2026-10-20 • 4975 BEL ESCOU DR , SAN JOSE CA 95124-5441
Single-Family
$618,393Active
2026-10-20 • 4090 YERBA BUENA AV , SAN JOSE CA 95121-1044
Single-Family
$94,610Active

Parcel & Zoning Info

APN29918007
Official Lot Sqft9,148
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

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. 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

Leroy Anderson Elementary

Moreland

0.1 miles away
Middle School

Moreland Middle

Moreland

1.3 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

25/100

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

Bidding War Prob.

24%

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 (95117): $459/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 6,300 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$3,465,000
New Build6,300 sqft
Total Capital Required$5,538,000
Estimated Resale (ARV)$3,036,600
Cost of Sale (5%)-$151,830
Carry (33mo @ 7%)-$715,715
Net Proceeds$2,169,055

Projected Profit

-$3,368,945
-60.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95117)

Sized to the modelled 6,300 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1342 Essex Way

Sold
$1,775,000
Sold: 2026-09-04
Lot: 6,120
Sqft: 3928
$/Sqft: $452

Alden

Sold
$2,030,000
Sold: 2026-08-25
Lot: 8,398
Sqft: 5226
$/Sqft: $388

3851 Blackford Ave

Sold
$2,000,000
Sold: 2026-08-24
Lot: 9,030
Sqft: 4514
$/Sqft: $443

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

3231 Impala Dr

Sold
$1,760,000
Sold: 2025-09-10
Lot: 6,618
Sqft: 3688
$/Sqft: $477

834 Teresi Ct

Sold
$1,600,000
Sold: 2025-09-08
Lot: 7,405
Sqft: 3828
$/Sqft: $418

3203 Myles Ct

Sold
$1,800,000
Sold: 2025-08-22
Lot: 6,720
Sqft: 3546
$/Sqft: $508

3207 Myles Ct

Sold
$1,800,000
Sold: 2025-08-22
Lot: 6,720
Sqft: 3546
$/Sqft: $508

3830 Underwood Dr

Sold
$1,675,000
Sold: 2025-08-08
Lot: 7,102
Sqft: 3896
$/Sqft: $430

3819 Underwood Dr

Sold
$1,775,000
Sold: 2025-06-02
Lot: 6,900
Sqft: 3986
$/Sqft: $445