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ActiveMulti-Family

$2,988,000

835 Fremont St, Menlo Park 94025

Beds4
Baths4
Sqft2,162
DOM21
No Photos Available

AddressIntel AI Briefing

With the home already remodeled and SB 9 not applicable, the optimal play is a turnkey buy-and-hold or minor cosmetic flip rather than a major development. High local contractor activity indicates a hot market, but the tight purchase-to-ARV spread limits major margin potential. Low owner-occupancy suggests a highly active local rental market.

Property Permit History

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

Recent Neighborhood Remodeling (Menlo Park)

2026-10-21 • 4 PALM CT, MENLO PARK CA 94025
Building Permit
--Received
2026-10-21 • 728 NASH AVE, MENLO PARK CA 94025
Building Permit
--Pending Fee Payment
2026-10-21 • 240 WILLOW RD, MENLO PARK CA 94025
Building Permit
--Pending Fee Payment
2026-10-21 • 1044 NOEL DR, MENLO PARK CA 94025
Building Pre-Application
--Received
2026-10-21 • 1100 SANTA CRUZ AVE, MENLO PARK CA 94025
Building Permit
--Pending Fee Payment
2026-10-20 • 3 WHITNEY CT, MENLO PARK CA 94025
Residential Reroof
--Pending

Parcel & Zoning Info

APN071291040
Official Lot Sqft5,625
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

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

Oak Knoll Elementary

Menlo Park City Elementary

1.1 miles away
Middle School

Hillview Middle

Menlo Park City Elementary

0.7 miles away
High School

Menlo-Atherton High

Sequoia Union High

1.2 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

90/100

Based on recent sales velocity and local demand in 94025.

Flippability Score

45/100

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

Bidding War Prob.

23%

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.

Median of 11 recent multi-family sales in Menlo Park (94025): $891/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 3,200 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.

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$1,760,000
New Build3,200 sqft
Total Capital Required$4,923,000
Estimated Resale (ARV)$2,995,200
Cost of Sale (5%)-$149,760
Carry (33mo @ 7%)-$761,434
Net Proceeds$2,084,006

Projected Profit

-$2,838,994
-57.7% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Menlo Park 94025)

Sized to the modelled 3,200 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1164 Marcussen Dr

Sold
$3,000,000
Sold: 2026-09-04
Lot: 7,490
Sqft: 3366
$/Sqft: $891

423 Oconnor St

Sold
$2,650,000
Sold: 2026-03-30
Lot: 11,200
Sqft: 2820
$/Sqft: $940

636 Partridge Ave

Sold
$1,000,000
Sold: 2026-02-20
Lot: 5,700
Sqft: 3510
$/Sqft: $285

831 University Dr

Sold
$3,125,000
Sold: 2026-02-13
Lot: 8,712
Sqft: 3440
$/Sqft: $908

612 Cambridge Ave Apt 4

Sold
$5,600,000
Sold: 2025-12-24
Lot: 7,865
Sqft: 2624
$/Sqft: $2,134

841 Partridge Ave

Sold
$2,950,000
Sold: 2025-12-05
Lot: 9,714
Sqft: 3483
$/Sqft: $847

1300 Hoover St Apt 2

Sold
$7,450,000
Sold: 2025-11-20
Lot: 9,500
Sqft: 2740
$/Sqft: $2,719

985 Santa Cruz Ave

Sold
$1,320,000
Sold: 2025-10-29
Lot: 10,575
Sqft: 2774
$/Sqft: $476

717 Partridge Ave

Sold
$1,000,000
Sold: 2025-08-19
Lot: 9,550
Sqft: 3910
$/Sqft: $256

810 Cambridge Ave

Sold
$2,750,000
Sold: 2025-08-08
Lot: 7,477
Sqft: 2666
$/Sqft: $1,032

15 Kent Pl

Sold
$2,700,000
Sold: 2025-08-05
Lot: 9,074
Sqft: 3550
$/Sqft: $761