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PendingSingle Family

$2,698,000

346 Cerrito Ave, Redwood City 94061

Beds3
Baths3
Sqft2,710
DOM18
No Photos Available

AddressIntel AI Briefing

At over 101 years old, this historic structure suggests a teardown-and-mansionize strategy or an SB 9 lot split into multiple units. Zero local hazards or environmental blockers pave a clean pathway for builder's remedy or density bonus pathways.

Property Permit History

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

Recent Neighborhood Remodeling (Redwood City)

2026-08-242668 WASHINGTON AVE
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-24817 CONSTELLATION CT
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-241403 HUDSON ST
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-2462 CLINTON ST
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-242736 DELAWARE AVE
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-24355 MINDANAO DR
ALTERATIONS_RESIDENTIAL
--Issued

Parcel & Zoning Info

APN069294140
Official Lot Sqft8,906
Zoning CodeR-1, S-74
SB 9 StatusEligible · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Builder's Remedy SB 423 Streamlining Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score96/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage30.4%

Flag / irregular · Corner lot · ~124 ft frontage × 148 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway. 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.

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.

Nearby Public Schools

Elementary School

Henry Ford Elementary

Redwood City Elementary

0.7 miles away
Middle School

John F. Kennedy Middle

Redwood City Elementary

1.0 miles away
High School

Woodside High

Sequoia Union High

0.2 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

79/100

Based on recent sales velocity and local demand in 94061.

Flippability Score

70/100

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

Bidding War Prob.

43%

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 single-family sales in Redwood City (94061): $1,127/sqft. Sized within 25% of the 4,100 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$2,255,000
New Build4,100 sqft
Total Capital Required$5,128,000
Estimated Resale (ARV)$4,620,700
Cost of Sale (5%)-$231,035
Net Proceeds$4,389,665

Projected Profit

-$738,335
-14.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Redwood City 94061)

Sized to the modelled 4,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

503 Buena Vista Ave

Sold
$5,050,000
Sold: 2026-07-31
Lot: 7,119
Sqft: 3882
$/Sqft: $1,301

3687 Brandy Rock Way

Sold
$5,550,000
Sold: 2026-06-15
Lot: 21,911
Sqft: 4324
$/Sqft: $1,284

620 Vera Ave

Sold
$2,398,000
Sold: 2026-06-08
Lot: 7,400
Sqft: 3530
$/Sqft: $679

2829 Carson St

Sold
$3,310,000
Sold: 2026-06-01
Lot: 9,583
Sqft: 3150
$/Sqft: $1,051

4 Beresford Ct

Sold
$3,650,000
Sold: 2026-05-06
Lot: 11,625
Sqft: 3230
$/Sqft: $1,130

6 Woodridge Ct

Sold
$3,495,000
Sold: 2026-04-06
Lot: 15,263
Sqft: 3100
$/Sqft: $1,127

263 Belmont Ave

Sold
$3,625,000
Sold: 2026-01-09
Lot: 5,100
Sqft: 3126
$/Sqft: $1,160

2013 Oregon Ave

Sold
$3,800,000
Sold: 2026-01-05
Lot: 7,476
Sqft: 3239
$/Sqft: $1,173

1035 Valota Rd

Sold
$2,700,000
Sold: 2026-01-02
Lot: 8,128
Sqft: 4610
$/Sqft: $586

1879 Hull Ave

Sold
$4,850,000
Sold: 2025-12-08
Lot: 9,862
Sqft: 4658
$/Sqft: $1,041

325 E Oakwood Blvd

Sold
$3,750,000
Sold: 2025-11-20
Lot: 9,893
Sqft: 4570
$/Sqft: $821