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ActiveSingle Family

$6,300,000

340 Palo Alto Ave, Palo Alto 94301

Beds2
Baths1
Sqft1,120
DOM14
No Photos Available

AddressIntel AI Briefing

This 1910 structure is a classic teardown-and-mansionize candidate due to its tiny size and low lot coverage, but the $6.3 million asking price severely limits ROI. An alternative SB 9 lot split into multiple units is technically feasible but faces a liquefaction hazard blocker that will inflate foundation engineering costs.

Property Permit History

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

Recent Neighborhood Remodeling (Palo Alto)

2026-08-04521 GEORGIA AV, PALO ALTO CA 94306
Project - Building Permit
--Submitted
2026-08-041119 FIFE AV, PALO ALTO CA 94301
Project - Building Permit
--In Plan Check
2026-08-041475 WEBSTER ST, PALO ALTO CA 94301
Roof: Like for like re-roof, only one structure per permit (detached single-family and duplex only, non-historic property)
--Permit Issued
2026-08-04165 FOREST AV, UNIT 2C, PALO ALTO CA 94301
Project - Building Permit
--Submitted
2026-08-04844 ILIMA CT, PALO ALTO CA 94306
Project - Building Permit
--In Plan Check
2026-08-04924 SYCAMORE DR, PALO ALTO CA 94303
Revision-Building Permit
--Submitted

Parcel & Zoning Info

APN12012045
Official Lot Sqft6,970
Zoning Code--
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
Liquefaction
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score94/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage16.1%

Flag / irregular · Corner lot · ~123 ft frontage × 131 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

Redevelopment Score66/100
ClassTeardown candidate
FAR Utilization39% of allowed
Buildable Headroom+1,721 sqft

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 2,841 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: PAMC 18.12.040 Table 2; max house size 6,000 sqft (as of 2026-06-30). Verify FAR, coverage, setbacks, and height with the local planning dept.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo 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

Elementary School

Addison Elementary

Palo Alto Unified

0.9 miles away
Middle School

Hillview Middle

Menlo Park City Elementary

1.7 miles away
High School

Menlo-Atherton High

Sequoia Union High

0.9 miles away

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

69/100

Based on recent sales velocity and local demand in 94301.

Flippability Score

20/100

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

Bidding War Prob.

35%

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 2,841 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 6 recent single-family sales in 94301: $2,765/sqft.

Hard Costs$1,120,000
New Build2,800 sqft
Total Capital Required$7,595,000
Estimated Resale (ARV)$7,742,000

Projected Profit

$147,000
1.9% ROI

Warning: Margin is tight for the construction risk.

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