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Off-MarketCondo

$868,000

410 Josefa St Unit 1, San Jose 95126

Beds3
Baths2.5
Sqft1,527
DOM0
No Photos Available

AddressIntel AI Briefing

This is a solid CONDO/TOWNHOME INVESTMENT play offering a strong estimated rent of $3,014/mo against a modest purchase price under $900k. The asset sits at a comfortable -13.2% discount compared to local market comps, providing immediate equity. Ground-level liquefaction risk is a minor concern, but the high rent-to-price yield makes this a compelling long-term hold.

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

APN26421074
Official Lot Sqft3,485
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score76/100
Price / Sqft$568 vs $652 mkt
Price vs Market-12.8% Below market
Est. Rent$3,014/mo

No HOA dues (from listing description)

Price positioning vs. 99 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Seller Motivation

Motivation Score8/100
Low motivation
Tenant-occupied

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.

Nearby Public Schools

Elementary School

Gardner Elementary

San Jose Unified

0.2 miles away
Middle School

Herbert Hoover Middle

San Jose Unified

1.6 miles away
High School

Abraham Lincoln High

San Jose Unified

1.5 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

63/100

Based on recent sales velocity and local demand in 95126.

Flippability Score

55/100

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 condo sales in San Jose (95126): $543/sqft. Sized within 50% of the 2,300 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$1,265,000
New Build2,300 sqft
Total Capital Required$2,308,000
Estimated Resale (ARV)$1,248,900
Cost of Sale (5%)-$62,445
Net Proceeds$1,186,455

Projected Profit

-$1,121,545
-48.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Jose 95126)

Sized to the modelled 2,300 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

809 Auzerais Ave Unit 322

Sold
$650,000
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$/Sqft: $510

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88 Bush St Unit 2123

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$900,000
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$/Sqft: $623

1390 Saddle Rack St Apt 425

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$700,000
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$/Sqft: $534

131 Cahill Park Dr

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1343 McKinley Ct

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111 Cahill Park Dr

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$/Sqft: $588

1310 Saddle Rack St Apt 250

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1321 Fruitdale Ave

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$860,000
Sold: 2026-07-08
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$/Sqft: $666

1390 Saddle Rack St Apt 223

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$650,000
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$/Sqft: $517

925 The Alameda Unit 302

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$650,000
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$/Sqft: $537