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ActiveSingle Family

$1,998,000

1321 Hopkins Ave, Palo Alto 94301

Beds2
Baths2
Sqft960
DOM4
No Photos Available

AddressIntel AI Briefing

The extremely compact lot size limits potential development plays and completely blocks SB 9 pathways. Consequently, a light interior remodel is the most realistic scenario, though any expansion is severely limited by liquefaction and tight coverage constraints.

Property Permit History

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

Recent Neighborhood Remodeling (Palo Alto)

2026-08-2126 ERSTWILD CT, PALO ALTO CA 94303
Project - Building Permit
--Submitted
2026-08-213200 MORRIS DR, PALO ALTO CA 94303
Project - Building Permit
--Submitted
2026-08-21525 CENTER DR, UNIT A, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check
2026-08-211310 BRYANT ST, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check
2026-08-213355 WAVERLEY ST, PALO ALTO CA 94306
Kitchen and/or Bath Remodel: Within existing footprint, non-structural changes are allowed (detached single-family and duplex only)
--Permit Issued
2026-08-213524 LOUIS RD, PALO ALTO CA 94303
Building Addressing
--Under Review

Parcel & Zoning Info

APN00345058
Official Lot Sqft1,307
Zoning Code--
SB 9 StatusBlocked
SB 9 Block Reasons
Lot below 2,400 sqft (no split)
Development Blockers
Liquefaction
Unlock Pathways
Ministerial ADU
Entitlement RiskLow (6/100)

ADU Potential

Feasibility Score19/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size500 sqft
Existing Coverage73.5%

Standard lot · Corner lot · ~50 ft frontage × 76 ft deep, typical proportions for a detached ADU behind or beside the home. 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.

Redevelopment Potential

Redevelopment Score15/100
ClassBuilt out
FAR Utilization163% of allowed
Buildable Headroom+0 sqft

Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 588 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

None
No data available.

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

Walter Hays Elementary

Palo Alto Unified

0.2 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

0.6 miles away
High School

Palo Alto High

Palo Alto Unified

1.0 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

40/100

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

Bidding War Prob.

42%

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 960 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): $2,697/sqft. Sized within 25% of the 1,000 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$550,000
New Build1,000 sqft
Total Capital Required$2,723,000
Estimated Resale (ARV)$2,697,000
Cost of Sale (5%)-$134,850
Net Proceeds$2,562,150

Projected Profit

-$160,850
-5.9% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Palo Alto 94301)

Sized to the modelled 1,000 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

319 Bryant St

Sold
$3,015,000
Sold: 2026-08-11
Lot: 5,000
Sqft: 1060
$/Sqft: $2,844

566 Everett Ave

Sold
$2,665,000
Sold: 2026-06-15
Lot: 5,000
Sqft: 1008
$/Sqft: $2,644

577 Green Manor Ct

Sold
$2,420,000
Sold: 2026-05-01
Lot: 6,944
Sqft: 880
$/Sqft: $2,750

128 Middlefield Rd

Sold
$1,919,000
Sold: 2026-04-07
Lot: 4,361
Sqft: 910
$/Sqft: $2,109

576 Green Manor Ct

Sold
$2,800,000
Sold: 2026-04-03
Lot: 8,568
Sqft: 950
$/Sqft: $2,947

1116 Bryant St

Sold
$1,485,000
Sold: 2026-03-12
Lot: 5,775
Sqft: 1220
$/Sqft: $1,217

578 Green Manor Ct

Sold
$3,201,000
Sold: 2026-02-27
Lot: 7,314
Sqft: 950
$/Sqft: $3,369

579 Green Manor Ct

Sold
$2,800,000
Sold: 2026-02-19
Lot: 6,970
Sqft: 936
$/Sqft: $2,991

528 Lincoln Ave

Sold
$6,000,000
Sold: 2026-01-07
Lot: -
Sqft: 1179
$/Sqft: $5,089

961 Channing Ave

Sold
$1,820,000
Sold: 2025-12-08
Lot: 3,600
Sqft: 960
$/Sqft: $1,896

1752 Emerson St

Sold
$2,620,000
Sold: 2025-11-25
Lot: 5,000
Sqft: 1160
$/Sqft: $2,259

671 Kingsley Ave

Sold
$2,100,000
Sold: 2025-11-13
Lot: 4,350
Sqft: 912
$/Sqft: $2,303