$2,399,000
375 Alameda De Las Pulgas, Redwood City 94062
AddressIntel AI Briefing
A spectacular development asset where the optimal play is a comprehensive SB 9 lot split into multiple units to fully capitalize on the massive 14,500+ sqft parcel. With zero hazard blockers and perfect ADU feasibility, developers have a clean slate to build a high-density, high-end compound. Alternatively, a teardown-and-mansionize play would fit seamlessly into this affluent neighborhood characterized by massive luxury estates.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2023-01-17 | SFR BUILDING - ALTERATION | Issued | $40,000 | PACIFIC AIR USA |
Recent Neighborhood Remodeling (Redwood City)
Parcel & Zoning Info
ADU Potential
Flag / irregular · ~234 ft frontage × 250 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
Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 6,559 sqft of gross floor area on this lot.
Screening estimate comparing existing living area to the city's single-family floor-area limit. FAR rule curated from current municipal code. Source: Redwood City Zoning Code Art. 5 & 48 (Apr 2026 standards) (as of 2026-06-30). Verify FAR, coverage, setbacks, and height 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. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).
Nearby Public Schools
Orion Alternative
Redwood City Elementary
McKinley Institute of Technology
Redwood City Elementary
Sequoia High
Sequoia Union High
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
74/100
Based on recent sales velocity and local demand in 94062.
Flippability Score
95/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
25%
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 6,559 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 4 recent single-family sales in Redwood City (94062): $938/sqft. Sized within 25% of the 6,600 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 (Redwood City 94062)
Sized to the modelled 6,600 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.