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ActiveSingle Family

$3,698,000

2339 Emerson St, Palo Alto 94301

Beds3
Baths2
Sqft1,632
DOM11
No Photos Available

AddressIntel AI Briefing

The optimal strategy is stealth density: primary + ADU + JADU to leverage the 82/100 ADU feasibility score in an elite Palo Alto block group. However, a major developer play is hindered by negative margins and liquefaction soil hazards that increase foundation costs.

Property Permit History

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

Recent Neighborhood Remodeling (Palo Alto)

2026-08-2126 ERSTWILD CT, PALO ALTO CA 94303
Project - Building Permit
--Submitted
2026-08-213200 MORRIS DR, PALO ALTO CA 94303
Project - Building Permit
--Submitted
2026-08-21525 CENTER DR, UNIT A, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check
2026-08-211310 BRYANT ST, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check
2026-08-213355 WAVERLEY ST, PALO ALTO CA 94306
Kitchen and/or Bath Remodel: Within existing footprint, non-structural changes are allowed (detached single-family and duplex only)
--Permit Issued
2026-08-213524 LOUIS RD, PALO ALTO CA 94303
Building Addressing
--Under Review

Parcel & Zoning Info

APN12414071
Official Lot Sqft5,227
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 Score82/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage31.2%

Flag / irregular · Corner lot · ~110 ft frontage × 119 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 Score45/100
ClassExpansion room
FAR Utilization70% of allowed
Buildable Headroom+686 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,318 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

El Carmelo Elementary

Palo Alto Unified

0.6 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

0.6 miles away
High School

Palo Alto High

Palo Alto Unified

1.0 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

45/100

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

Bidding War Prob.

43%

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 2,318 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 12 recent single-family sales in Palo Alto (94301): $2,181/sqft. Sized within 25% of the 2,300 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$1,265,000
New Build2,300 sqft
Total Capital Required$5,138,000
Estimated Resale (ARV)$5,016,300
Cost of Sale (5%)-$250,815
Net Proceeds$4,765,485

Projected Profit

-$372,515
-7.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Palo Alto 94301)

Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1157 Lincoln Ave

Sold
$2,550,000
Sold: 2026-07-30
Lot: 2,647
Sqft: 1834
$/Sqft: $1,390

771 Center Dr

Sold
$6,510,000
Sold: 2026-07-20
Lot: 10,500
Sqft: 2391
$/Sqft: $2,723

65 Kirby Pl

Sold
$9,000,000
Sold: 2026-07-17
Lot: 16,280
Sqft: 2485
$/Sqft: $3,622

1211 Fulton St

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

150 Churchill Ave

Sold
$4,280,000
Sold: 2026-07-07
Lot: 7,500
Sqft: 2055
$/Sqft: $2,083

928-930 Scott St

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$4,600,000
Sold: 2026-06-26
Lot: 5,625
Sqft: 2018
$/Sqft: $2,279

1135 Emerson St

Sold
$4,500,000
Sold: 2026-06-24
Lot: 7,000
Sqft: 2194
$/Sqft: $2,051

342 Kellogg Ave

Sold
$19,000,000
Sold: 2026-06-17
Lot: 26,388
Sqft: 2859
$/Sqft: $6,646

690 Lincoln Ave

Sold
$3,850,000
Sold: 2026-06-09
Lot: 5,625
Sqft: 1913
$/Sqft: $2,013

2302 Webster St

Sold
$5,351,000
Sold: 2026-05-26
Lot: 6,722
Sqft: 2076
$/Sqft: $2,578

848 Boyce Ave

Sold
$4,100,000
Sold: 2026-05-26
Lot: 7,400
Sqft: 2041
$/Sqft: $2,009

660 Palo Alto Ave

Sold
$2,950,000
Sold: 2026-05-22
Lot: 4,792
Sqft: 2400
$/Sqft: $1,229