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ActiveTownhouse

$1,800,000

633 Forest Ave, Palo Alto 94301

Beds2
Baths1.5
Sqft1,200
DOM12
No Photos Available

AddressIntel AI Briefing

This Palo Alto property is a luxury condo investment yielding exceptional monthly rents up to $6,250. However, the purchase price places it well above the average local market position, resulting in compressed initial yield margins. The high-income demographics of Palo Alto ensure robust tenancy and long-term asset stability.

Property Permit History

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

Recent Neighborhood Remodeling (Palo Alto)

2026-07-22 • 3186 DAVID AV, PALO ALTO CA 94303
Project - Building Permit
--In Plan Check
2026-07-22 • 4155 EL CAMINO WY, UNIT C, PALO ALTO CA 94306
Project - Building Permit
--Submitted
2026-07-22 • 8 TULIP LN, PALO ALTO CA 94303
Solar: Roof-mounted solar system with SolarAPP+ (Single-family detached residential or duplex only)
--Permit Issued
2026-07-22 • 785 LA PARA AV, PALO ALTO CA 94306
Revision-Building Permit
--Void
2026-07-22 • 519 SEALE AV, PALO ALTO CA 94301
Project - Building Permit
--In Plan Check
2026-07-22 • 2846 KIPLING ST, PALO ALTO CA 94306
Project - Building Permit
--Submitted

Parcel & Zoning Info

APN12040007
Official Lot Sqft436
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score9/100
Price / Sqft$1,500 vs $1,246 mkt
Price vs Market+20.4% Above market
Est. Rent$6,250/mo

Price positioning vs. 46 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

AH
Special flood hazard area; insurance may be required.

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

0.3 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

1.3 miles away
High School

Palo Alto High

Palo Alto Unified

0.8 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

68/100

Based on recent sales velocity and local demand in 94301.

Flippability Score

35/100

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

Bidding War Prob.

25%

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.

Based on 6 recent sales in 94301 averaging $2,301/sqft.

Hard Costs$720,000
New Build1,800 sqft
Total Capital Required$2,695,000
Estimated Resale (ARV)$4,141,800

Projected Profit

$1,446,800
53.7% ROI

Recent Comparables (94301)

2001 Webster St

Sold
$10,300,000
Sold: 2026-07-20
Lot: 8,755
Sqft: 5042
$/Sqft: $2,043

771 Center Dr

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$6,510,000
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Sqft: 2391
$/Sqft: $2,723

65 Kirby Pl

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Sqft: 2485
$/Sqft: $3,622

1211 Fulton St

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$6,711,000
Sold: 2026-07-16
Lot: 5,625
Sqft: 2508
$/Sqft: $2,676

1427 Byron St

Sold
$5,565,000
Sold: 2026-07-15
Lot: 5,600
Sqft: 3030
$/Sqft: $1,837

831 Kipling St

Sold
$3,375,000
Sold: 2026-07-08
Lot: 5,600
Sqft: 3732
$/Sqft: $904