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ActiveMulti-Family

$2,225,000

Bush, San Carlos 94070

Beds1
Baths1
Sqft4,390
DOM0
No Photos Available

AddressIntel AI Briefing

With extremely high local household incomes and no viable SB 9 density or ADU pathways, the optimal play here is a high-end luxury remodel of the existing structure. Remodeling aligns well with the affluent demographic profile while avoiding the constraints of a tight single-family lot.

Property Permit History

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

Recent Neighborhood Remodeling (San Carlos)

2026-10-21 • 2013 ST FRANCIS WAY SAN CARLOS CA 94070
Building Residential-Interior Remodel
$26,000Issued
2026-10-20 • 1800 HOWARD AVE SAN CARLOS CA 94070
Building Residential- Addition
$450,000Issued
2026-10-20 • 728 ELM ST SAN CARLOS CA 94070
Building Residential-Bathroom Remodel
$44,000Issued
2026-10-20 • 431 HILLCREST RD SAN CARLOS CA 94070
Building Residential-New Single Family
$702,000Issued
2026-10-19 • 1180 ROSEWOOD AVE SAN CARLOS CA 94070
Building Residential- Addition
$250,000Issued
2026-10-16 • 2525 NANETTE DR SAN CARLOS CA 94070
Building Residential- Addition
$455,432Issued

Parcel & Zoning Info

APN050054100
Official Lot Sqft5,229
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

Arroyo

San Carlos Elementary

0.6 miles away
Middle School

Central Middle

San Carlos Elementary

0.5 miles away
High School

Redwood High

Sequoia Union High

1.4 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

93/100

Based on recent sales velocity and local demand in 94070.

Flippability Score

45/100

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

Bidding War Prob.

47%

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 San Carlos (94070): $520/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. No size-matched sales in San Carlos, so this median mixes build sizes and reads high for a large rebuild.

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$3,630,000
New Build6,600 sqft
Total Capital Required$6,030,000
Estimated Resale (ARV)$3,603,600
Cost of Sale (5%)-$180,180
Carry (33mo @ 7%)-$794,544
Net Proceeds$2,628,876

Projected Profit

-$3,401,124
-56.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (San Carlos 94070)

No size-matched sales in San Carlos, so these are unmatched on size and the ARV below is a loose estimate.

Walnut

Sold
$2,500,000
Sold: 2026-07-14
Lot: 7,750
Sqft: 7877
$/Sqft: $317

932 Terminal Way

Sold
$1,065,000
Sold: 2026-04-15
Lot: 4,725
Sqft: 2009
$/Sqft: $530

1761 Laurel St

Sold
$1,720,000
Sold: 2026-03-17
Lot: 5,000
Sqft: 2900
$/Sqft: $593

180 Elm St

Sold
$1,910,000
Sold: 2025-11-26
Lot: 7,802
Sqft: 3748
$/Sqft: $510