Back to Search
ActiveSingle Family

$2,198,000

23 Michael Ln, Millbrae 94030

Beds4
Baths2
Sqft1,800
DOM5
No Photos Available

AddressIntel AI Briefing

The optimal play is stealth density: primary + ADU + JADU, leveraging the standard lot size to add rental units while working around liquefaction engineering constraints. A complete teardown is less favorable due to the additional foundation costs required by the soil profile. The highly renter-heavy demographic makes this an exceptional hold-and-income candidate.

Property Permit History

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

Recent Neighborhood Remodeling (Millbrae)

Parcel & Zoning Info

APN021345690
Official Lot Sqft6,837
Zoning CodeNO DATA ASSIGNED
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 Score84/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage26.3%

Flag / irregular · Corner lot · ~98 ft frontage × 145 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 Score52/100
ClassExpansion room
FAR Utilization66% of allowed
Buildable Headroom+935 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,735 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: conservative default (0.40 FAR — city not individually curated) (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. 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

Elementary School

Green Hills Elementary

Millbrae Elementary

0.3 miles away
Middle School

Taylor Middle

Millbrae Elementary

0.3 miles away
High School

Capuchino High

San Mateo Union High

0.6 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

65/100

Based on recent sales velocity and local demand in 94030.

Flippability Score

60/100

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

Bidding War Prob.

73%

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.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 2,735 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 12 recent single-family sales in Millbrae (94030): $1,082/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,700 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.

Hard Costs$1,485,000
New Build2,700 sqft
Total Capital Required$3,858,000
Estimated Resale (ARV)$3,067,200
Cost of Sale (5%)-$153,360
Carry (33mo @ 7%)-$582,890
Net Proceeds$2,330,950

Projected Profit

-$1,527,050
-39.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Millbrae 94030)

Sized to the modelled 2,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1035 Chadbourne Ave

Sold
$2,550,000
Sold: 2026-10-09
Lot: 4,553
Sqft: 2200
$/Sqft: $1,159

1252 Lake St

Sold
$3,020,000
Sold: 2026-10-09
Lot: 10,343
Sqft: 2170
$/Sqft: $1,392

938 Springfield Dr

Sold
$2,650,000
Sold: 2026-09-25
Lot: 7,507
Sqft: 2610
$/Sqft: $1,015

430 Hillcrest Blvd

Sold
$2,525,000
Sold: 2026-09-16
Lot: 5,779
Sqft: 2271
$/Sqft: $1,112

808 Capuchino Dr

Sold
$2,780,000
Sold: 2026-09-16
Lot: 14,540
Sqft: 2740
$/Sqft: $1,015

281 Poplar Ave

Sold
$2,077,500
Sold: 2026-09-15
Lot: 5,520
Sqft: 2670
$/Sqft: $778

616 Barcelona Dr

Sold
$1,680,000
Sold: 2026-08-31
Lot: 5,735
Sqft: 2250
$/Sqft: $747

635 Capuchino Dr

Sold
$2,425,000
Sold: 2026-08-06
Lot: 13,183
Sqft: 2155
$/Sqft: $1,125

310 Ashton Ave

Sold
$2,575,000
Sold: 2026-07-23
Lot: 6,740
Sqft: 2449
$/Sqft: $1,051

550 Helen Dr

Sold
$2,750,000
Sold: 2026-07-10
Lot: 9,565
Sqft: 2239
$/Sqft: $1,228

1255 Tuolumne Rd

Sold
$2,100,000
Sold: 2026-07-08
Lot: 12,352
Sqft: 2520
$/Sqft: $833

1430 Murchison Dr

Sold
$2,906,000
Sold: 2026-07-02
Lot: 17,222
Sqft: 2315
$/Sqft: $1,255