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ActiveCondo

$899,000

601 Leahy St Apt 306, Redwood City 94061

Beds3
Baths2
Sqft1,555
DOM11
No Photos Available

AddressIntel AI Briefing

An excellent value purchase priced 21% below market average with high rental yield potential. Its move-in-ready condition and low entry price make it a strong individual condo investment, though the single unit limit prevents a bulk play.

Property Permit History

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

Recent Neighborhood Remodeling (Redwood City)

2026-08-04400 ORACLE PKWY
ALTERATIONS_COMMERCIAL
--Issued
2026-08-04539 ANCHOR CIR
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-04337 ROBLE AVE
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-041152 MCKINLEY ST
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-04503 ARLINGTON RD
ALTERATIONS_RESIDENTIAL
--Issued
2026-08-04112 CENTRAL AVE
ALTERATIONS_RESIDENTIAL
--Issued

Parcel & Zoning Info

APN110970060
Official Lot Sqft1,505
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score93/100
Price / Sqft$578 vs $737 mkt
Price vs Market-21.5% Below market
Est. Rent$3,122/mo

Price positioning vs. 31 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

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

Garfield Elementary

Redwood City Elementary

0.8 miles away
Middle School

North Star Academy

Redwood City Elementary

1.2 miles away
High School

Summit Preparatory Charter High

Sequoia Union High

1.2 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

78/100

Based on recent sales velocity and local demand in 94061.

Flippability Score

75/100

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

Bidding War Prob.

45%

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 6 recent sales in 94061: $1,324/sqft. Too few same-type sales in this zip, so the mix includes other property types.

Hard Costs$920,000
New Build2,300 sqft
Total Capital Required$1,994,000
Estimated Resale (ARV)$3,045,200

Projected Profit

$1,051,200
52.7% ROI

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