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ActiveCondo

$988,000

1115 Continentals Way Apt 203, Belmont 94002

Beds2
Baths2
Sqft1,324
DOM13
No Photos Available

AddressIntel AI Briefing

This asset presents a solid value investment play given its price point is positioned 4.1% below market averages for the building type. Strong estimated rental yields of $3,431 per month make it a highly attractive buy-and-hold option. The unit is fully updated, mitigating near-term capital expenditure risks while ensuring stable cash flow.

Property Permit History

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

Recent Neighborhood Remodeling (Belmont)

2026-07-222406 PALMER AVE
ALTERATION - WINDOWS
--APPROVED
2026-07-221240 ALAMEDA DE LAS PULGAS #304
ALTERATION - DECK
--ACTIVE
2026-07-222627 READ AVE
ALTERATION - ALTERATION
--APPROVED
2026-07-21515 CHESTERTON AVE
ALTERATION - INTERIOR REMODEL
--READY TO ISSUE
2026-07-161023 TAHOE DR
ALTERATION - INTERIOR REMODEL
--IN REVIEW
2026-07-149 WILLOW LN
ALTERATION - ALTERATION
--ACTIVE

Parcel & Zoning Info

APN107380080
Official Lot Sqft1,394
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score58/100
Price / Sqft$746 vs $778 mkt
Price vs Market-4.1% At market
Est. Rent$3,431/mo

Price positioning vs. 26 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos — the owner doesn't control the underlying land.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

Moderate
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.

Nearby Public Schools

Elementary School

Cipriani Elementary

Belmont-Redwood Shores Elementary

0.4 miles away
Middle School

Ralston Intermediate

Belmont-Redwood Shores Elementary

0.5 miles away
High School

Carlmont High

Sequoia 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

65/100

Based on recent sales velocity and local demand in 94002.

Flippability Score

65/100

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 94002 averaging $1,285/sqft.

Hard Costs$794,400
New Build1,986 sqft
Total Capital Required$1,957,400
Estimated Resale (ARV)$2,552,010

Projected Profit

$594,610
30.4% ROI

Recent Comparables (94002)

2433 Hastings Dr

Sold
$2,400,000
Sold: 2026-07-22
Lot: 3,544
Sqft: 2250
$/Sqft: $1,067

3307 Bay Ct

Sold
$1,999,000
Sold: 2026-07-21
Lot: 5,827
Sqft: 1821
$/Sqft: $1,098

15 Kittie Ln

Sold
$2,800,000
Sold: 2026-06-18
Lot: 9,000
Sqft: 1900
$/Sqft: $1,474

2303 Hastings Dr

Sold
$2,050,000
Sold: 2026-07-17
Lot: 3,830
Sqft: 2210
$/Sqft: $928

505 Hiller St

Sold
$2,258,000
Sold: 2026-07-16
Lot: 5,001
Sqft: 1470
$/Sqft: $1,536

2014 Notre Dame Ave

Sold
$2,125,000
Sold: 2026-07-14
Lot: 6,232
Sqft: 1320
$/Sqft: $1,610