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ActiveMulti-Family

$1,799,000

425-427 Wessex Way, Belmont 94002

Beds4
Baths2
Sqft1,952
DOM0
No Photos Available

AddressIntel AI Briefing

This Belmont property has significant potential for a teardown-and-mansionize play or stealth density to capture the $3.15M theoretical new-build ARV. Because SB 9 is not applicable and zoning data is unassigned, adding ADUs remains the primary way to density-lock this site. Liquefaction risks exist but are offset by strong comparable neighborhood sales reaching up to $3.5M.

Property Permit History

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

Recent Neighborhood Remodeling (Belmont)

7/6/2026128 NORTHAMPTON LN
ALTERATION - ALTERATION
--ACTIVE
7/1/2026337 MIDDLE RD
ALTERATION - WINDOWS
--ACTIVE
6/30/20262014 MEZES AVE
ALTERATION - RETAINING WALL
--ACTIVE
6/29/20261910 NOTRE DAME AVE
ALTERATION - WINDOWS
--ACTIVE
6/29/20261708 MILLS AVE
ALTERATION - INTERIOR REMODEL
--ACTIVE
6/26/20262633 SEQUOIA WAY
ALTERATION - ALTERATION
--IN REVIEW

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Proprietary Intelligence

Market Heat Index

66/100

Based on recent sales velocity and local demand in 94002.

Flippability Score

72/100

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

Bidding War Prob.

46%

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.

Based on 6 recent sales in 94002 averaging $1,431/sqft.

Hard Costs$1,171,200
New Build2,928 sqft
Total Capital Required$3,145,200
Estimated Resale (ARV)$4,189,968

Projected Profit

$1,044,768
33.2% ROI

Recent Comparables (94002)

1432 Fifth Ave

Sold
$1,850,000
Sold: 2026-07-02
Lot: 5,000
Sqft: 1360
$/Sqft: $1,360

2521 Carmelita Ave

Sold
$2,080,000
Sold: 2026-06-30
Lot: 4,924
Sqft: 1208
$/Sqft: $1,722

837 Covington Rd

Sold
$1,800,000
Sold: 2026-06-30
Lot: 5,559
Sqft: 1455
$/Sqft: $1,237

2045 Mezes Ave

Sold
$2,930,000
Sold: 2026-06-30
Lot: 6,250
Sqft: 1850
$/Sqft: $1,584

8 Laurel Ct

Sold
$1,670,000
Sold: 2026-06-26
Lot: 6,711
Sqft: 1120
$/Sqft: $1,491

708 Alameda De Las Pulgas

Sold
$2,900,000
Sold: 2026-06-29
Lot: 8,727
Sqft: 2437
$/Sqft: $1,190