$4,395,000
24285 Summerhill Ave, Los Altos 94024
AddressIntel AI Briefing
The single best play is a teardown-and-mansionize development on this expansive 20,038 sqft lot, supported by explicit listing intent and a lack of local hazards. Alternatively, developers can easily execute an SB 9 lot split into multiple units to tap into the elite Los Altos market. High owner-occupancy rates and $250k+ median household incomes secure an exceptional luxury exit ceiling.
Property Permit History
Recent Neighborhood Remodeling (Los Altos)
Parcel & Zoning Info
ADU Potential
Flag / irregular · Corner lot · ~218 ft frontage × 220 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
Fire Severity
Liquefaction
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
Loyola Elementary
Los Altos Elementary
Georgina P. Blach Junior High
Los Altos Elementary
Palo Alto Middle College High
Palo Alto Unified
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
73/100
Based on recent sales velocity and local demand in 94024.
Flippability Score
90/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
47%
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 12 recent single-family sales in 94024: $1,898/sqft. Sized within 25% of the 2,900 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (94024)
Sized to the modelled 2,900 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.