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ActiveSingle Family

$1,499,950

73 Poinsettia Ave, San Mateo 94403

Beds2
Baths1
Sqft1,050
DOM8
No Photos Available

AddressIntel AI Briefing

The optimal play is an SB 9 lot split into multiple units to unlock the land value of this low-coverage, flat lot. Active local permits indicate a strong regional appetite, though engineered foundations will be required to mitigate liquefaction.

Property Permit History

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

Recent Neighborhood Remodeling (San Mateo)

2026-09-0427 PRAGUE ST SAN MATEO 94401-1310 CA
Single Family (Alteration/Repair) - Alter
$25,000Issued
2026-09-03242 GREENFIELD AVE Unit: B SAN MATEO CA 94403-5010
Single Family (New) - New
$636,373Issued
2026-09-031543 KALMIA ST SAN MATEO CA 94402-3038
Single Family (Alteration/Repair) - Alter
$60,678Issued
2026-09-03242 GREENFIELD AVE SAN MATEO CA 94403-5010
Single Family (New) - New
$1,080,236Issued
2026-09-011542 ROBERTA DR SAN MATEO 94403-1044 CA
Single Family (Alteration/Repair) - Alter
$145,047Issued
2026-09-011600 LODI AVE SAN MATEO 94401-3658 CA
Single Family (Addition) - Add/Alter
$530,000Issued

Parcel & Zoning Info

APN040083050
Official Lot Sqft6,000
Zoning CodeNO DATA ASSIGNED
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
Liquefaction
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score86/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage17.5%

Flag / irregular · ~113 ft frontage × 125 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway.

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 Score65/100
ClassSB 79 upzoned
FAR Utilization35% of allowed
Buildable Headroom+1,950 sqft

SB 79 preempts the limit these figures are measured against. This parcel sits within a half mile of a qualifying transit stop in a city that adopted the state standards, so state law overrides the local height and density caps and the governing envelope is a multifamily one, substantially larger than the city's single-family allowance. Read the score, class and headroom above as describing the municipal rule only, not this parcel's ceiling. Confirm the city's adopted SB 79 implementation before underwriting.

Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. The city’s single-family rule allows roughly 3,000 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit, which SB 79 preempts on this parcel. FAR figure is a discretionary-review trigger, not a hard cap. Treat as approximate. Source: San Mateo Muni Code 27.18.060 (R1-B/C default; district unresolved) (as of 2026-08-24). Verify FAR, coverage, setbacks, and height 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

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

George Hall Elementary

San Mateo-Foster City

0.2 miles away
Middle School

Abbott Middle

San Mateo-Foster City

1.0 miles away
High School

Hillsdale High

San Mateo Union High

1.1 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

85/100

Based on recent sales velocity and local demand in 94403.

Flippability Score

75/100

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

Bidding War Prob.

66%

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.

SB 79 governs this parcel. It sits within a half mile of a qualifying transit stop in a city that adopted the state standards, so state law preempts the local height and density limits and the real ceiling here is a multifamily one, well above what the city's single-family rule allows. The figures below model a detached rebuild, which is not the play on this lot — we don't quote a return on it. Check the city's adopted SB 79 implementation before you underwrite.

Median of 12 recent single-family sales in San Mateo (94403): $1,059/sqft. Sized within 25% of the 3,000 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$1,650,000
New Build3,000 sqft
Total Capital Required$3,324,950
Estimated Resale (ARV)$3,177,000
Cost of Sale (5%)-$158,850
Net Proceeds$3,018,150

Projected Profit

-$306,800
-9.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94403)

Sized to the modelled 3,000 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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