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ActiveSingle Family

$2,799,000

2229 Howard Ave, San Carlos 94070

Beds4
Baths2
Sqft1,590
DOM10
No Photos Available

AddressIntel AI Briefing

Despite wealthy local demographics, this fully updated property is already priced above its theoretical newly built ARV, leaving no room for a profitable redevelopment. Investors should pass on this high-cost asset due to negative projected ROI and liquefaction risks.

Property Permit History

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

Recent Neighborhood Remodeling (San Carlos)

07/01/2026615 WELLINGTON DR SAN CARLOS CA 94070
Building Residential- Addition
$110,000Issued
07/01/202611 KRISTA LN SAN CARLOS CA 94070
Building Residential-Interior Remodel
$60,000Issued
06/29/20262030 SAN CARLOS AVE SAN CARLOS CA 94070
Building Residential-Interior Remodel
$60,000Issued
06/29/20262701 EATON AVE SAN CARLOS CA 94070
Building Residential-Bathroom Remodel
$40,000Issued
06/29/2026633 ELM ST Unit: 218 SAN CARLOS CA 94070
Building Residential-Bathroom Remodel
$28,500Issued
06/26/202651 BAYPORT CT SAN CARLOS CA 94070
Building (Residential) - Kitchen Remodel
$63,500Issued

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Proprietary Intelligence

Market Heat Index

82/100

Based on recent sales velocity and local demand in 94070.

Flippability Score

20/100

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

Bidding War Prob.

40%

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.

Based on 6 recent sales in 94070 averaging $1,222/sqft.

Hard Costs$954,000
New Build2,385 sqft
Total Capital Required$3,928,000
Estimated Resale (ARV)$2,914,470

Projected Profit

-$1,013,530
-25.8% ROI

Warning: Project is mathematically underwater.

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