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PendingSingle Family

$2,600,000

723 Hamilton Ave, Palo Alto 94301

Beds2
Baths1
Sqft1,166
DOM18
No Photos Available

AddressIntel AI Briefing

An aging 1938 home in Palo Alto with an as-is listing would normally invite a major redevelopment, but SB 9 is fully blocked by flood and liquefaction hazards. Thus, the optimal play is limited to stealth density: primary + ADU + JADU, which avoids some site-split restrictions.

Property Permit History

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

Recent Neighborhood Remodeling (Palo Alto)

2026-08-242 ROOSEVELT CIR, PALO ALTO CA 94306
Project - Building Permit
--In Plan Check
2026-08-241135 EMERSON ST, PALO ALTO CA 94301
Project - Building Permit
--Submitted
2026-08-244058 BEN LOMOND DR, PALO ALTO CA 94306
Revision-Building Permit
--Submitted
2026-08-24850 HAMILTON AV, PALO ALTO CA 94301
Heat Pump Space Conditioning Systems: New, retrofit, or replacement of space conditioning system (heat pump, furnace/air handler) and associated ductwork (detached single-family, duplex, and ADUs)
--Permit Issued
2026-08-241022 WEBSTER ST, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check
2026-08-241129 EMERSON ST, PALO ALTO CA 94301
Project - Building Permit
--Submitted

Parcel & Zoning Info

APN00302042
Official Lot Sqft4,792
Zoning Code--
SB 9 StatusBlocked
SB 9 Block Reasons
FEMA Special Flood Hazard Area
Development Blockers
Flood Zone (SFHA) Liquefaction
Unlock Pathways
Ministerial ADU
Entitlement RiskModerate (21/100)

ADU Potential

Feasibility Score62/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage24.3%

Flag / irregular · Corner lot · ~102 ft frontage × 109 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.

Seller Motivation

Motivation Score15/100
Low motivation
Sold as-is

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.

Redevelopment Potential

Redevelopment Score53/100
ClassExpansion room
FAR Utilization54% of allowed
Buildable Headroom+990 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,156 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR rule curated from current municipal code. Source: PAMC 18.12.040 Table 2; max house size 6,000 sqft (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

AH
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

Addison Elementary

Palo Alto Unified

0.4 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

1.4 miles away
High School

Palo Alto High

Palo Alto Unified

0.9 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

69/100

Based on recent sales velocity and local demand in 94301.

Flippability Score

60/100

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

Bidding War Prob.

37%

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 2,156 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 Palo Alto (94301): $2,204/sqft. Sized within 25% of the 2,200 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$1,210,000
New Build2,200 sqft
Total Capital Required$3,985,000
Estimated Resale (ARV)$4,848,800
Cost of Sale (5%)-$242,440
Net Proceeds$4,606,360

Projected Profit

$621,360
15.6% ROI

Warning: Margin is tight for the construction risk.

Recent Comparables (Palo Alto 94301)

Sized to the modelled 2,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1320 Greenwood Ave

Sold
$6,300,000
Sold: 2026-07-31
Lot: 9,720
Sqft: 1712
$/Sqft: $3,680

1157 Lincoln Ave

Sold
$2,550,000
Sold: 2026-07-30
Lot: 2,647
Sqft: 1834
$/Sqft: $1,390

771 Center Dr

Sold
$6,510,000
Sold: 2026-07-20
Lot: 10,500
Sqft: 2391
$/Sqft: $2,723

65 Kirby Pl

Sold
$9,000,000
Sold: 2026-07-17
Lot: 16,280
Sqft: 2485
$/Sqft: $3,622

1211 Fulton St

Sold
$6,711,000
Sold: 2026-07-16
Lot: 5,625
Sqft: 2508
$/Sqft: $2,676

150 Churchill Ave

Sold
$4,280,000
Sold: 2026-07-07
Lot: 7,500
Sqft: 2055
$/Sqft: $2,083

928-930 Scott St

Sold
$4,600,000
Sold: 2026-06-26
Lot: 5,625
Sqft: 2018
$/Sqft: $2,279

1135 Emerson St

Sold
$4,500,000
Sold: 2026-06-24
Lot: 7,000
Sqft: 2194
$/Sqft: $2,051

690 Lincoln Ave

Sold
$3,850,000
Sold: 2026-06-09
Lot: 5,625
Sqft: 1913
$/Sqft: $2,013

2330 Emerson St

Sold
$3,600,000
Sold: 2026-05-27
Lot: 5,600
Sqft: 1692
$/Sqft: $2,128

2302 Webster St

Sold
$5,351,000
Sold: 2026-05-26
Lot: 6,722
Sqft: 2076
$/Sqft: $2,578

848 Boyce Ave

Sold
$4,100,000
Sold: 2026-05-26
Lot: 7,400
Sqft: 2041
$/Sqft: $2,009