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PendingSingle Family

$749,950

323 N 18th St, San Jose 95112

Beds2
Baths1
Sqft766
DOM17
No Photos Available

AddressIntel AI Briefing

A 116-year-old cottage on a 6k lot makes an SB 9 lot split into multiple units the optimal play to maximize urban density. Liquefaction is a known geological blocker that will require reinforced foundation designs during structural engineering. High ADU feasibility and ab1033 condo pathways in San Jose allow developers to split and sell off individual units for maximum ROI.

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
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--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

APN24960012
Official Lot Sqft6,098
Zoning Code--
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
Liquefaction
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus AB 1033 (sell ADU as condo)
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score94/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage12.6%

Flag / irregular · Corner lot · ~105 ft frontage × 133 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. A second street frontage lets an ADU take its own entrance and address.

Screening heuristic based on lot size, existing coverage, lot orientation, and hazard overlays. CA ADU law is ministerial statewide; verify max size, setbacks, and JADU owner-occupancy with the local planning dept.

Redevelopment Potential

Redevelopment Score69/100
ClassTeardown candidate
FAR Utilization28% of allowed
Buildable Headroom+1,978 sqft

Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. Zoning allows roughly 2,744 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR figure is a discretionary-review trigger, not a hard cap. Treat as approximate. Source: SJMC 20.30.200; 20.100.1020 (Single-Family House Permit) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

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

Empire Gardens Elementary

San Jose Unified

0.4 miles away
Middle School

ACE Inspire Academy

San Jose Unified

0.3 miles away
High School

San Jose High

San Jose Unified

0.3 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

66/100

Based on recent sales velocity and local demand in 95112.

Flippability Score

70/100

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

Bidding War Prob.

16%

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.

Zoning allows roughly 2,744 sqft on this lot, and the default builds to that envelope. The FAR figure is a discretionary-review trigger, not a hard cap.

Median of 12 recent single-family sales in San Jose (95112): $576/sqft. Sized within 25% of the 2,700 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$1,485,000
New Build2,700 sqft
Total Capital Required$2,409,950
Estimated Resale (ARV)$1,555,200
Cost of Sale (5%)-$77,760
Net Proceeds$1,477,440

Projected Profit

-$932,510
-38.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95112)

Sized to the modelled 2,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

657 Woodland Ter

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114 N 5th St

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132 N 16th St

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196 S 14th St

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$1,670,000
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646 Woodland Ter

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$1,150,000
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