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ActiveMulti-Family

$3,100,000

929 Alice Ln, Menlo Park 94025

Beds7
Baths4.5
Sqft3,168
DOM4
No Photos Available

AddressIntel AI Briefing

Because SB 9 is not applicable and ADU feasibility is unknown, the optimal play is a teardown-and-mansionize strategy or a deep cosmetic remodel. The exceptionally low owner-occupancy rate in the census block indicates high demand for premium rental conversions.

Property Permit History

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

Recent Neighborhood Remodeling (Menlo Park)

2026-09-181013 LOUISE ST, MENLO PARK CA 94025
Building Pre-Application
--Received
2026-09-188 REYNA PL, MENLO PARK CA 94025
Building Pre-Application
--Received
2026-09-17648 COLLEGE AVE, MENLO PARK CA 94025
Building Permit
--Received
2026-09-17847 ROBLE AVE, MENLO PARK CA 94025
Residential Electrical Service Upgrade
--Pending
2026-09-171025 MARCUSSEN DR, MENLO PARK CA 94025
Building Pre-Application
--Pending
2026-09-17810 HARVARD AVE, MENLO PARK CA 94025
Revision
--Received

Parcel & Zoning Info

APN071302220
Official Lot Sqft7,865
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No
Not in a mapped liquefaction zone.

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

Oak Knoll Elementary

Menlo Park City Elementary

1.2 miles away
Middle School

Hillview Middle

Menlo Park City Elementary

0.9 miles away
High School

Menlo-Atherton High

Sequoia Union High

1.1 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

92/100

Based on recent sales velocity and local demand in 94025.

Flippability Score

75/100

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

Bidding War Prob.

26%

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.

Median of 4 recent multi-family sales in Menlo Park (94025): $910/sqft. Sized within 25% of the 4,800 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.

Hard Costs$2,640,000
New Build4,800 sqft
Total Capital Required$5,915,000
Estimated Resale (ARV)$4,368,000
Cost of Sale (5%)-$218,400
Net Proceeds$4,149,600

Projected Profit

-$1,765,400
-29.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Menlo Park 94025)

Sized to the modelled 4,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

971-977 Oak Ln

Sold
$4,800,000
Sold: 2026-07-23
Lot: 15,071
Sqft: 5088
$/Sqft: $943

938 Alice Ln

Sold
$3,650,000
Sold: 2026-07-02
Lot: 15,301
Sqft: 4162
$/Sqft: $877

1300 Mills St

Sold
$5,300,000
Sold: 2026-04-21
Lot: 12,675
Sqft: 4374
$/Sqft: $1,212

925 Oak Ln

Sold
$3,300,000
Sold: 2026-04-14
Lot: 7,332
Sqft: 4870
$/Sqft: $678