$3,988,000
1032 Riverside Dr, Los Altos 94024
AddressIntel AI Briefing
A spacious lot with low coverage in a premier Los Altos neighborhood. Despite some recent updates to the existing home, the optimal play is teardown-and-mansionize to build a modern estate. The absence of hazard blockers and highly favorable demographics make this a prime custom build candidate.
Property Permit History
Recent Neighborhood Remodeling (Los Altos)
Parcel & Zoning Info
ADU Potential
Flag / irregular · Corner lot · ~133 ft frontage × 155 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
Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. Zoning allows roughly 3,507 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: Los Altos Muni Code 14.06.070/14.08.070/14.10.070/14.12.070 (R1-10/H/20/40, one shared formula) (as of 2026-08-24). 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
Loyola Elementary
Los Altos Elementary
Georgina P. Blach Junior High
Los Altos Elementary
Los Altos High
Mountain View-Los Altos 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
71/100
Based on recent sales velocity and local demand in 94024.
Flippability Score
80/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
49%
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 3,507 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 Los Altos (94024): $1,823/sqft. Sized within 25% of the 3,500 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 (Los Altos 94024)
Sized to the modelled 3,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.