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ActiveMulti-Family

$1,948,000

1128 Oakmont Dr, San Jose 95117

Beds9
Baths5
Sqft4,169
DOM19
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)

2026-08-22391 VALE DR , SAN JOSE CA 95123-4428
Single-Family
$17,319Active
2026-08-224591 MOSSBROOK CL , SAN JOSE CA 95130-1755
Single-Family
--Active
2026-08-221171 COPPER PEAK LN , SAN JOSE CA 95120-4235
1 & 2 Family Residential
--Active
2026-08-221021 CAROLYN AV , SAN JOSE CA 95125-4308
Single-Family
--Active
2026-08-225993 INDIAN AV , SAN JOSE CA 95123-4013
1 & 2 Family Residential
--Active
2026-08-226364 WOOSLEY DR , SAN JOSE CA 95123-5268
1 & 2 Family Residential
--Active

Parcel & Zoning Info

APN29918007
Official Lot Sqft9,148
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

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 3 recent multi-family sales in San Jose (95117): $466/sqft. 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.

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$3,465,000
New Build6,300 sqft
Total Capital Required$5,588,000
Estimated Resale (ARV)$2,935,800
Cost of Sale (5%)-$146,790
Net Proceeds$2,789,010

Projected Profit

-$2,798,990
-50.1% 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.

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