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ActiveSingle Family

$3,200,000

1380 Manzanita Dr, Millbrae 94030

Beds3
Baths2.5
Sqft1,940
DOM26
No Photos Available

AddressIntel AI Briefing

The massive lot indicates physical capacity for redevelopment, but the high entry price relative to the projected ARV undercuts a profitable teardown strategy. Instead, developers should pursue stealth density by adding detached ADU/JADU units to generate premium rental income while preserving the quality of the main home. This approach mitigates the risk of over-improving the site.

Property Permit History

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

Recent Neighborhood Remodeling (Millbrae)

Parcel & Zoning Info

APN024451120
Official Lot Sqft9,343
Zoning CodeNO DATA ASSIGNED
SB 9 StatusBlocked
SB 9 Block Reasons
Very High Fire Severity Zone
Development Blockers
Very High Fire Zone
Unlock Pathways
Ministerial ADU
Entitlement RiskLow (20/100)

ADU Potential

Feasibility Score73/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage20.8%

Flag / irregular · ~138 ft frontage × 148 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway.

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 Score57/100
ClassExpansion room
FAR Utilization52% of allowed
Buildable Headroom+1,797 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 3,737 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: conservative default (0.40 FAR — city not individually curated) (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

Very High
Elevated fire risk; impacts insurance cost and building materials.

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

Spring Valley Elementary

Millbrae Elementary

0.7 miles away
Middle School

Taylor Middle

Millbrae Elementary

0.9 miles away
High School

Mills High

San Mateo Union High

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

64/100

Based on recent sales velocity and local demand in 94030.

Flippability Score

40/100

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

Bidding War Prob.

46%

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.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 3,737 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 12 recent single-family sales in Millbrae (94030): $963/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,700 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.

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$2,035,000
New Build3,700 sqft
Total Capital Required$5,410,000
Estimated Resale (ARV)$3,740,700
Cost of Sale (5%)-$187,035
Carry (33mo @ 7%)-$828,713
Net Proceeds$2,724,953

Projected Profit

-$2,685,048
-49.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Millbrae 94030)

Sized to the modelled 3,700 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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