$995,000
3352 LA Mesa Dr Apt 6, San Carlos 94070
AddressIntel AI Briefing
This condo unit presents a solid investment play with a favorable entry price compared to local market benchmarks. The strong rental yield potential is supported by healthy neighborhood demographics and high owner-occupancy rates in the area. Investors should target this as a stable buy-and-hold asset with potential for minor cosmetic updates to maximize rent.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2025-05-07 | Building (Residential) - Kitchen Remodel | Plan Approval Expired | $20,000 | Owner Builder |
| 2023-03-27 | Building (Residential) - Roof | Expired | $7,000 | CALIFORNIA RAINGUARD INCORPORATED |
Recent Neighborhood Remodeling (San Carlos)
Parcel & Zoning Info
Condo Investment Snapshot
Price positioning vs. 90 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
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
Heather Elementary
San Carlos Elementary
Central Middle
San Carlos Elementary
Canyon Oaks Youth Center
San Mateo County Office of Education
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
84/100
Based on recent sales velocity and local demand in 94070.
Flippability Score
65/100
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.
Median of 11 recent condo sales in San Carlos (94070): $827/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,900 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.
Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (San Carlos 94070)
Sized to the modelled 1,900 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.