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Off-MarketSingle Family

$1,888,000

233 Poinsettia Ave, San Mateo 94403

Beds3
Baths2
Sqft1,618
DOM26
No Photos Available

AddressIntel AI Briefing

The optimal play is stealth density: primary + ADU + JADU to maximize yield in this strong San Mateo submarket. However, liquefaction is a notable development blocker that will require enhanced engineering and raise foundation costs. The older 1948 home is already updated, dampening full teardown viability.

Property Permit History

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

Recent Neighborhood Remodeling (San Mateo)

2026-09-081865 DALE AVE SAN MATEO 94401-3422 CA
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$60,000Issued
2026-09-081213 S CLAREMONT ST SAN MATEO 94402-2114 CA
Single Family (Alteration/Repair) - Alter
$353,581Issued
2026-09-08150 SYCAMORE AVE Unit: B SAN MATEO CA 944021034
Single Family (Addition) - Add
$380,367Issued
2026-09-08675 EDNA WAY SAN MATEO CA 94402-2607
Single Family (Alteration/Repair) - Kitchen & Bath Remodel (Flat)
$20,000Issued
2026-09-0427 PRAGUE ST SAN MATEO 94401-1310 CA
Single Family (Alteration/Repair) - Alter
$25,000Issued
2026-09-03242 GREENFIELD AVE SAN MATEO CA 94403-5010
Single Family (New) - New
$1,080,236Issued

Parcel & Zoning Info

APN040132030
Official Lot Sqft5,400
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 Score82/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage30%

Flag / irregular · Corner lot · ~103 ft frontage × 108 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.

Redevelopment Potential

Redevelopment Score51/100
ClassExpansion room
FAR Utilization60% of allowed
Buildable Headroom+1,082 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,700 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. 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

1.3 miles away
High School

Hillsdale High

San Mateo Union High

1.3 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

55/100

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

Bidding War Prob.

64%

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 2,700 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 San Mateo (94403): $1,059/sqft. Sized within 25% of the 2,700 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$1,485,000
New Build2,700 sqft
Total Capital Required$3,548,000
Estimated Resale (ARV)$2,859,300
Cost of Sale (5%)-$142,965
Net Proceeds$2,716,335

Projected Profit

-$831,665
-23.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Mateo 94403)

Sized to the modelled 2,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3103 Mena Dr

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$/Sqft: $1,006

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1632 Toyon Ct

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1521 Cherrywood Dr

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303 30th Ave

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$/Sqft: $1,005