697 Hamline St · San Jose, CA 95110

$848,000

9 bd · 9.0 ba · 1,500 sqft · MultiFamily · 124 Days on market

Built 1959 Fair condition 3,864 sqft lot $565/sqft · 20% below area Est $1.054M · 20% under

---

Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Livability +3.9/5.0
• Rent growth +3.7/5.0
• Schools +2.7/10.0
• Condition / age +2.2/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

Key facts

• Triplex
• 3,864 sq ft lot
• 3 parking spots

Tags

• TRIPLEX
• WALKING DISTANCE TO AMENITIES
• NEAR DOWNTOWN SAN JOSE
• CLOSE TO SAN JOSE MARKETCENTER
• CONVENIENT ACCESS TO AIRPORT
• NEAR SAN JOSE STATE UNIVERSITY

What this means for you Summary

Snapshot

• This is a 3 × 3-bed/3.0-bath units multifamily listed at $848k. Condition is rated fair.

Deal economics

• At list price, monthly cash flow is $5k ($54k/yr) — positive. Per door: $2k/mo.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($13k rent vs $848k).
• Recommended offer: $746k (12.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 78/100 on livability (#68 in CA, #2,559 nationally) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
• San Jose Unified (urban): math 39% / reading 52% proficiency, ranked #149 of 517 in CA (top 29%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Walter L. Bachrodt Elementary (math 18% / reading 30%, grade F, #1,150 of 1,571 statewide, top 74%, 451 students, 63% FRL); Herbert Hoover Middle (math 20% / reading 38%, grade F, #224 of 498 statewide, top 46%, 971 students, 61% FRL); Abraham Lincoln High (math 31% / reading 54%, grade F, #466 of 1,170 statewide, top 40%, 1,693 students, 54% FRL) — zoned schools average 59% FRL vs 38% district-wide (21 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 32% at this address vs 46% district-wide (-14 pts) — the specific schools serving this property underperform the San Jose Unified average; the district grade overstates school quality for this exact location.
• Market conditions: Rents rising fast (+4.7%/yr); 79 active listings in the ZIP; high-income renter base; 3,838 units permitted in Santa Clara County in 2024 (1,886 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $6k of loan paydown is wiped out by about $25k of value loss. Plan a longer hold.
• Santa Clara County population projected at +24% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 4.7% rent growth), your $237k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 124 days — a 12% lower offer ($746k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 22y ago; this cycle's ask has dropped $140k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $399k; list at $848k implies a 113% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1959 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→14/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $746,240 (12.0% below list)

Questions for the listing agent

1. It's been on market 124 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
3. What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
4. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
5. Built in 1959 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
8. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
9. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
10. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
11. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.50% ✓
• Cap rate: 12.68%
• Cash-on-cash: 22.81%
• DSCR: 2.01
• GRM: 5.6

CMA / ARV

• ARV (median comp): $1,053,533
• List price: $848,000
• Delta: -19.51%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
635 E Mission St	1.88mi	7/4.0 (-2)	1,332 (-11%)	48mo	$1,260,000	$946	6
2161 Elliott St	1.87mi	7/2.0 (-2)	1,250 (-17%)	26mo	$755,000	$604	0

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 4.74% rent growth · sell at horizon

5-year hold

• IRR: 17.6%
• Equity multiple: 1.73×
• Total profit: $172,620
• Equity at exit: $126,440

10-year hold

• IRR: 27.2%
• Equity multiple: 3.60×
• Total profit: $616,424
• Equity at exit: $73,320

Cash invested: $237,440 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (CITY): 0 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City San Jose: 0 Strongly Tenant-Friendly · D+24

Apartment Rent Ordinance covers pre-1979 multifamily.

Methodology + full state rankings →

ZIP-level market 95110

• Rents YoY: 4.7%
• Active inventory: 79
• Price-to-rent: 16.7×

Monthly cashflow live

• Estimated rent: $12,684 high
• Mortgage (P&I): −$4,447
• Tax from tax record: −$707 /mo · $8,478/yr
• Insurance: −$353
• HOA: −$0
• Vacancy / Maint / Mgmt: −$2,664
• Net cashflow: $4,514

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	3	3	$12,684
Total (3 units)			$12,684

Break-even live

Break-even rent $6,971

Max offer price $848,000

Occupancy floor 59%

Sensitivity live

Price	-10% $4,994	-5% $4,754	+0% $4,514	+5% $4,273	+10% $4,033
Rent	-10% $3,511	-5% $4,012	+0% $4,514	+5% $5,015	+10% $5,516
Rate	-1.0pp $4,941	-0.5pp $4,729	base $4,514	+0.5pp $4,294	+1.0pp $4,070

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $212,000
• Closing costs: $25,440
• Club membership (one-time): —
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
904 Alegre Pl San Jose, CA	2.0	2.5	1667	$4,500	$2.70	93d	1	0.26mi
1319 De Altura Cmns San Jose, CA	3.0	3.5	1644	$5,400	$3.28	21d	1	0.32mi
1032 Vermont St Unit D San Jose, CA	2.0	1.0	—	$2,495	—	73d	1	0.37mi
1321 Dahlia Loop San Jose, CA	3.0	2.5	1367	$4,850	$3.55	61d	1	0.42mi
1378 Dahlia Loop San Jose, CA	3.0	2.5	1246	$4,300	$3.45	71d	1	0.46mi
2148 The Alameda Unit 1 San Jose, CA	3.0	1.0	—	$3,495	—	32d	1	0.55mi
1196 Sherwood Ave San Jose, CA	2.0	1.0	1150	$3,495	$3.04	39d	1	0.57mi
1095 Morris Ct San Jose, CA	2.0	1.0	—	$3,280	—	13d	1	0.57mi
1095 Morris Ct San Jose, CA	2.0	1.0	—	$3,280	—	17d	1	0.57mi
1206 Sherwood Ave Santa Clara, CA	4.0	2.0	1450	$4,400	$3.03	93d	1	0.60mi
2201 The Alameda #27 Santa Clara, CA	2.0	2.5	1219	$4,000	$3.28	21d	1	0.68mi
796 Villa Ave Unit 796 San Jose, CA	2.0	2.0	1000	$2,695	$2.69	37d	1	0.77mi
2340 Park Ave Santa Clara, CA	4.0	2.0	1450	$5,500	$3.79	18d	1	0.78mi
540 Mission St Santa Clara, CA	2.0	2.0	600	$4,800	$8.00	37d	1	0.81mi
1977 Park Ave San Jose, CA	2.0	1.0	—	$2,750	—	73d	1	0.83mi
1210 Santa Paula Ave San Jose, CA	3.0	2.0	1330	$2,600	$1.95	71d	1	0.83mi
664 Morse St San Jose, CA	4.0	3.0	2698	$6,800	$2.52	51d	1	0.84mi
2740 Park Ave Unit O Santa Clara, CA	2.0	2.0	—	$2,390	—	93d	1	0.88mi
1200 Rickabaugh Way Santa Clara, CA	3.0	1.0–2.0	928	$6,547	$7.05	9d	79	0.90mi
1494 McKendrie St San Jose, CA	2.0	2.0	1086	$3,200	$2.95	47d	1	0.92mi
1430 Emory St San Jose, CA	2.0	2.0	1711	$5,400	$3.16	26d	1	0.96mi
950 Pershing Ave San Jose, CA	2.0	1.0	960	$2,650	$2.76	73d	1	0.97mi
808 Lenzen Ave #107 San Jose, CA	2.0	2.5	1049	$3,595	$3.43	66d	1	1.04mi
588 El Camino Real Santa Clara, CA	1.0–2.0	1.0–2.0	976	$6,114	$6.26	9d	11	1.08mi
910 Poplar St Santa Clara, CA	3.0	2.0	1349	$5,995	$4.44	93d	1	1.08mi
935 Circle Dr Santa Clara, CA	3.0	2.0	1602	$5,300	$3.31	28d	1	1.09mi
1217 Hester Ave Unit B San Jose, CA	2.0	1.0	645	$3,150	$4.88	73d	1	1.11mi
1326 The Alameda #1153 San Jose, CA	2.0	2.0	1051	$3,720	$3.54	18d	1	1.12mi
1300 The Alameda San Jose, CA	1.0–3.0	1.0–3.0	911	$5,337	$5.86	9d	1	1.13mi
870 Cinnabar St San Jose, CA	3.0	2.0	—	$4,950	—	30d	1	1.14mi
1351 Magnolia Ave San Jose, CA	2.0	1.0	1100	$3,595	$3.27	17d	1	1.15mi
716 N First St Unit 6 San Jose, CA	2.0	1.0	840	$2,725	$3.24	29d	1	1.15mi
214 Washington St Apt 2 Santa Clara, CA	2.0	1.0	869	$2,695	$3.10	47d	1	1.16mi
104 Washington St Unit 05 Santa Clara, CA	2.0	1.0	—	$2,695	—	61d	1	1.16mi
1375 Magnolia Ave Unit 1 San Jose, CA	2.0	1.0	832	$4,400	$5.29	93d	1	1.17mi
899 Morrison Park Dr San Jose, CA	3.0	1.5–3.5	1428	$5,629	$3.94	9d	1	1.17mi
978 N 3rd St San Jose, CA	2.0	1.0	1032	$4,500	$4.36	39d	1	1.17mi
383 Stockton Ave #1788 San Jose, CA	2.0	2.5	977	$3,670	$3.76	69d	1	1.18mi
97 Rankin Ave San Jose, CA	3.0	2.0	1800	$6,500	$3.61	38d	1	1.19mi
2018 Redbush Ter San Jose, CA	3.0	2.0	1014	$5,500	$5.42	22d	1	1.21mi

Listing history 49 events

1. 2026-07-18
   days on market $848,000 Active 124 DOM
2. 2026-07-18
   days on market $848,000 Active 123 DOM
3. 2026-07-16
   days on market $848,000 Active 122 DOM
4. 2026-07-15
   days on market $848,000 Active 121 DOM
5. 2026-07-14
   days on market $848,000 Active 120 DOM
6. 2026-07-13
   days on market $848,000 Active 119 DOM
7. 2026-07-13
   days on market $848,000 Active 118 DOM
8. 2026-07-11
   days on market $848,000 Active 117 DOM
9. 2026-07-10
   days on market $848,000 Active 116 DOM
10. 2026-07-09
    days on market $848,000 Active 115 DOM
11. 2026-07-07
    days on market $848,000 Active 113 DOM
12. 2026-07-06
    days on market $848,000 Active 112 DOM
13. 2026-07-05
    days on market $848,000 Active 111 DOM
14. 2026-07-03
    days on market $848,000 Active 109 DOM
15. 2026-07-02
    days on market $848,000 Active 108 DOM
16. 2026-07-01
    days on market $848,000 Active 107 DOM
17. 2026-06-30
    days on market $848,000 Active 106 DOM
18. 2026-06-29
    days on market $848,000 Active 105 DOM
19. 2026-06-28
    days on market $848,000 Active 104 DOM
20. 2026-06-27
    days on market $848,000 Active 103 DOM
21. 2026-06-27
    days on market $848,000 Active 102 DOM
22. 2026-06-25
    days on market $848,000 Active 100 DOM
23. 2026-06-22
    pricedays on market $848,000 Active 98 DOM
24. 2026-06-21
    days on market $887,000 Active 97 DOM
25. 2026-06-18
    days on market $887,000 Active 94 DOM
26. 2026-06-17
    days on market $887,000 Active 93 DOM
27. 2026-06-16
    days on market $887,000 Active 92 DOM
28. 2026-06-15
    days on market $887,000 Active 91 DOM
29. 2026-06-13
    days on market $887,000 Active 89 DOM
30. 2026-06-13
    days on market $887,000 Active 88 DOM
31. 2026-06-09
    days on market $887,000 Active 85 DOM
32. 2026-06-08
    days on market $887,000 Active 84 DOM
33. 2026-06-07
    days on market $887,000 Active 83 DOM
34. 2026-06-05
    days on market $887,000 Active 80 DOM
35. 2026-06-03
    days on market $887,000 Active 79 DOM
36. 2026-06-02
    days on market $887,000 Active 78 DOM
37. 2026-06-01
    days on market $887,000 Active 77 DOM
38. 2026-05-31
    days on market $887,000 Active 76 DOM
39. 2026-05-05
    price $887,000 1194-char remark

    Show marketing remark (1194 chars)

    ** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

40. 2026-05-04
    price $887,000 1194-char remark

    Show marketing remark (1194 chars)

    ** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

41. 2026-03-31
    price $928,000 1194-char remark

    Show marketing remark (1194 chars)

    ** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

42. 2026-03-31
    price $928,000 1194-char remark

    Show marketing remark (1194 chars)

    ** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

43. 2026-03-16
    listed $988,000 Active 1194-char remark

    Show marketing remark (1194 chars)

    ** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

44. 2026-03-16
    listed $988,000 Active 1194-char remark

    Show marketing remark (1194 chars)

    ** Please do not disturb tenants, Appointment only ** 697 Hamline St is a well-situated triplex asset located in the thriving city of San Jose, California. Situated on a 3,864 square foot parcel of land, the subject property features a gross building area of approximately 1,500 square feet, offering its tenants 100% beautifully designed one-bedroom floor plans. Additionally, all three units feature split heating and air conditioning. The subject property is within walking distance to various lifestyle amenities such as PayPal Park (0.3mi), Coleman Landings Shopping Mall (0.2mi), In-N-Out Burger (0.2mi), Costco (1.3mi), and a new BART station currently in construction. 697 Hamline St sits near Downtown San Jose and is within close proximity to the Target-anchored San Jose Market Center, both being home to a myriad of dining, shopping, and entertainment options. The subject property also boasts convenient access to the San Jose Mineta International Airport (SJC). Additionally, the subject property is located near San Jose State University and Santa Clara University. The investment appeal of this asset is driven by San Joses strong employment fundamentals and low vacancy levels.

45. 2004-05-26
    soldstatus $399,000 76-char remark

    Show marketing remark (76 chars)

    GOOD LOCATION, NEW EXT. PAINT OLDER - NEEDS WORK, WELL ESTABLISHED PROPERTY.

46. 2004-05-26
    historical 76-char remark

    Show marketing remark (76 chars)

    GOOD LOCATION, NEW EXT. PAINT OLDER - NEEDS WORK, WELL ESTABLISHED PROPERTY.

47. 2004-04-26
    soldstatus $399,000 76-char remark

    Show marketing remark (76 chars)

    GOOD LOCATION, NEW EXT. PAINT OLDER - NEEDS WORK, WELL ESTABLISHED PROPERTY.

48. 2004-04-14
    listed $399,000 76-char remark

    Show marketing remark (76 chars)

    GOOD LOCATION, NEW EXT. PAINT OLDER - NEEDS WORK, WELL ESTABLISHED PROPERTY.

49. 2004-04-14
    listed $399,000 76-char remark

    Show marketing remark (76 chars)

    GOOD LOCATION, NEW EXT. PAINT OLDER - NEEDS WORK, WELL ESTABLISHED PROPERTY.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $8,478 · $707/mo
• Projected year-2 tax: $8,478 · $707/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥93°F today · 14 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 9/10 Extreme 17 unhealthy d/yr today · 17 by 30 yrs out

Taxation est. · year 1

• Rental income: $152,208
• − Mortgage interest: −$47,501
• − Property taxes: −$8,478
• − Insurance: −$4,240
• − Repairs & maintenance: −$12,177
• − Management: −$12,177
• − Depreciation: −$24,669
• Taxable income: $42,966
• Est. tax owed @ 24.0%: −$10,312
• After-tax cash flow: $43,850/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 8 photos

Fair 45/100 Moderate rehab Est. rehab $37,500–$67,500 screening

The property is in fair condition with moderate rehabilitation needed. Cluttered areas, yard and driveway cleanup, and kitchen and bathroom organization are required to improve its appearance and functionality.

Components & finishes AI

Roof asphalt shingle · good Flooring wood HVAC central · new lt5

Repairs flagged

• Major Cluttered areas — The property is cluttered with various items and furniture, which detracts from its appearance and usability.
• Major Yard and driveway cleanup — The yard and driveway are cluttered with various items and furniture, which detracts from its appearance and usability.
• Major Kitchen organization — The kitchen is cluttered with appliances and items on countertops and shelves, which detracts from its functionality and appearance.
• Major Bathroom organization — The bathroom is cluttered with toiletries and items on countertops and shelves, which detracts from its functionality and appearance.

Value-add opportunities

• Both Yard and driveway cleanup — A clean and well-maintained yard and driveway can improve the property's curb appeal and attract potential buyers or renters. ↑
• Both Kitchen organization — A well-organized kitchen can improve the property's functionality and attract potential buyers or renters. ↑
• Both Bathroom organization — A well-organized bathroom can improve the property's functionality and attract potential buyers or renters. ↑

ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

F Composite school gradezoned avg 26/100

Zoned Schools

Elementary Walter L. Bachrodt Elementary F CA #1,150/1,571 Nat'l #31,434/41,679 Middle Herbert Hoover Middle F CA #224/498 Nat'l #9,290/14,009 High Middle College High

Schools (NCES district)

• District: San Jose Unified
• NCES district ID: 0634590
• Math proficiency: 39% ▼ -4.00%
• Reading proficiency: 52% ▼ -3.00%
• Median HH income: $84,567
• Composite: 42.31/100
• National rank: #3259
• State rank: #149 of 517 in CA

B Composite livability gradescore 78/100

Livability — San Jose

• Score: 78/100
• State rank: #68
• US rank: #2559

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment A+ Housing B- Health & safety A+ User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: San Jose, CA
• County: Santa Clara County · 2,179,074 people
• City population: 954,479
• Metro: San Jose-Sunnyvale-Santa Clara, CA
• Population (ZIP): 19,963
• Household income: $131,491
• Rent vs Own: 59.9% rent · 40.1% own
• Severe rent burden: 7% of renters

---

Population outlook (Santa Clara County) Hauer SSP2

• Today (2025): 2,179,074 people
• By 2030: 2,301,297 · +5.6%
• By 2040: 2,528,195 · +16.0%
• By 2050: 2,712,135 · +24.5%
• By 2075: 2,998,701 · +37.6%
• By 2100: 2,931,429 · +34.5%

---

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.64)
• Race & ethnicity: Hispanic / Latino 55% White 20% Two or more races 16% Asian 15% Black 4% Native American 2%
• Hispanic origin (detail): Mexican 48%
• Common ancestry: Italian 2% Lithuanian 1% Russian 1%
• Foreign-born: 32% · Canada, China, Vietnam
• Languages at home: 44% English-only · Spanish 39% Other Indo-European 4% Chinese 4%

---

Political lean MEDSL · Santa Clara

• 2024 margin: Solid D (+40.0) · D 68.1% · R 28.1% · Other 3.8%
• 2008→2024 swing: -0.9pp no change · 2008: 40.9pp · 2024: 40.0pp
• All cycles: 2024: D+40.0 2020: D+47.4 2016: D+52.5 2012: D+42.1 2008: D+40.9

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -696.97%
• Current HPI: 280.6826
• Rent YoY: ▲ 4.74%
• Metro: San Jose-Sunnyvale-Santa Clara, CA
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

---

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+122.3% since first listed

11 events — show timeline

• 2026-05-05 Price Changed $887,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-05-04 Price Changed $887,000 MLSListings
• 2026-03-31 Price Changed $928,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2026-03-31 Price Changed $928,000 MLSListings
• 2026-03-16 Listed $988,000 MLSListings
• 2026-03-16 Listed $988,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2004-05-26 Listing Removed — MLSListings
• 2004-05-26 Sold (MLS) $399,000 bridgeMLS, Bay East AOR, or Contra Costa AOR
• 2004-04-26 Sold (MLS) $399,000 MLSListings
• 2004-04-14 Listed $399,000 MLSListings
• 2004-04-14 Listed $399,000 bridgeMLS, Bay East AOR, or Contra Costa AOR

Property tax history

+2.1%/yr

Latest (2025): $8,478 · +5.2% YoY. Source: county tax records.