$2,998,000
1218 Sanchez Way, Redwood City 94061
AddressIntel AI Briefing
This property is already heavily built out relative to its lot size, and the existing structure is recently remodeled, eliminating teardown viability. Furthermore, liquefaction acts as a structural blocker that raises construction complexity. A minor cosmetic polish or a stealth density: primary + ADU + JADU strategy remains the only viable path to add marginal yield.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2025-08-28 | ALTERATIONS_RESIDENTIAL - INTERIOR REMODEL - NO CHANGE TO WALLS | Issued | $45,000 | MEIJIA CONSTRUCTION LLC |
Recent Neighborhood Remodeling (Redwood City)
Parcel & Zoning Info
ADU Potential
Flag / irregular · Corner lot · ~109 ft frontage × 111 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
Existing home already uses most of the allowable floor area, little expansion headroom. Zoning allows roughly 3,000 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.
Nearby Public Schools
Rocketship Redwood City
Redwood City Elementary
John F. Kennedy Middle
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
82/100
Based on recent sales velocity and local demand in 94061.
Flippability Score
35/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
44%
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 3,000 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 Redwood City (94061): $1,077/sqft. Sized within 25% of the 3,000 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 94061)
Sized to the modelled 3,000 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.