$3,980,000
488 Gilbert Ave, Menlo Park 94025
Size check
The listing's square footage against the county assessor's record and the permits on file.
The listing and the county record agree within 10%.
- 2020-10-28 · 1. Remodel of the existing 1,130 square foot one story dwelling including raising the 1...
- 2020-10-12 · Building Pre-Application
What can explain a difference
- Space built without a permit.
- Permitted work the assessor has not recorded yet.
- An ADU, a finished basement or a converted garage counted in one figure and not the other.
- Different measuring. Listing agents and the assessor often measure the same house differently.
Our Menlo Park permit record starts in 2017. Work permitted before then will not appear above.
AddressIntel AI Briefing
This premium Menlo Park property benefits from an affluent, highly owner-occupied neighborhood. The optimal play is stealth density: primary + ADU + JADU to maximize residential space without zoning friction. This strategy avoids complex lot splits while appealing directly to local tenant and buyer profiles.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| 2020-10-28 | Building Permit | Closed | -- | Unknown |
| 2020-10-12 | Building Pre-Application | Converted | -- | Unknown |
| 2019-04-08 | Building Permit | Red Tag | -- | Unknown |
Recent Neighborhood Remodeling (Menlo Park)
Parcel & Zoning Info
ADU Potential
Flag / irregular · ~81 ft frontage × 157 ft deep, a tucked-away rear unit is very private; access is typically via the pole driveway.
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 2,984 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: Menlo Park Muni Code 16.16.030 (R-1-U) / 16.14.030 (R-1-S) / 16.17.030 (R-1-U(LM)) (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
KIPP Valiant Community Prep
Ravenswood City Elementary
Cesar Chavez Ravenswood Middle
Ravenswood City Elementary
Menlo-Atherton 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
88/100
Based on recent sales velocity and local demand in 94025.
Flippability Score
70/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
23%
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 2,984 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 Menlo Park (94025): $2,055/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. 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.
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 (Menlo Park 94025)
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.