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ActiveSingle Family

$2,499,000

5035 Grimsby Dr, San Jose 95130

Beds5
Baths3.5
Sqft1,937
DOM24
No Photos Available

AddressIntel AI Briefing

The optimal play here is a stealth density (primary + ADU + JADU) expansion, though high initial pricing relative to the local ARV ceiling severely limits immediate margins. Since the listing highlights this as a newly built/renovated home, a full teardown-and-mansionize strategy is ruled out. Given the lack of natural hazards and strong census demographics, holding for rental yield using ADU development remains the safest long-term bet.

Property Permit History

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

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Parcel & Zoning Info

APN40330164
Official Lot Sqft5,227
Zoning Code--
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus AB 1033 (sell ADU as condo)
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score73/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage37.1%

Standard lot · Corner lot · ~57 ft frontage × 103 ft deep, typical proportions for a detached ADU behind or beside the home. 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 Score15/100
ClassBuilt out
FAR Utilization82% of allowed
Buildable Headroom+415 sqft

Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 2,352 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

X
Area of minimal flood hazard.

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

Gussie M. Baker Elementary

Moreland

0.3 miles away
Middle School

Moreland Middle

Moreland

0.7 miles away
High School

Westmont High

Campbell Union High

0.7 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

56/100

Based on recent sales velocity and local demand in 95130.

Flippability Score

28/100

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

Bidding War Prob.

47%

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 2,352 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 (95130): $1,104/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,400 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$1,320,000
New Build2,400 sqft
Total Capital Required$3,994,000
Estimated Resale (ARV)$2,781,600
Cost of Sale (5%)-$139,080
Carry (33mo @ 7%)-$624,951
Net Proceeds$2,017,569

Projected Profit

-$1,976,431
-49.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95130)

Sized to the modelled 2,400 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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2332 Grimsby Ct

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