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ActiveSingle Family

$1,499,000

2032 Lyon Ave, Belmont 94002

Beds2
Baths1.5
Sqft1,090
DOM65
No Photos Available

AddressIntel AI Briefing

The optimal play here is teardown-and-mansionize, capitalized by the 'fixer' listing tag, extremely old 1929 structure, and high median household income of $250k+. The absence of hazards and blockers makes a clean modern build or a 4-unit SB 9 lot split incredibly profitable.

Property Permit History

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

Recent Neighborhood Remodeling (Belmont)

2026-09-192808 SAN JUAN BLVD
ALTERATION - ALTERATION
--IN REVIEW
2026-09-174120 MARSTEN AVE
ALTERATION - INTERIOR REMODEL
--ACTIVE
2026-09-177 CHRISTIAN CT
ALTERATION - RETAINING WALL
--ACTIVE
2026-09-175 CHRISTIAN CT
ALTERATION - RETAINING WALL
--APPROVED
2026-09-161012 VILLA AVE
ALTERATION - ALTERATION
--ACTIVE
2026-09-161307 NOTRE DAME AVE
ALTERATION - DECK
--IN REVIEW

Parcel & Zoning Info

APN044084080
Official Lot Sqft5,335
Zoning CodeNO DATA ASSIGNED
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score86/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage20.4%

Flag / irregular · Corner lot · ~101 ft frontage × 105 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.

Seller Motivation

Motivation Score35/100
Some motivation
Fixer / needs work60+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Redevelopment Potential

Redevelopment Score55/100
ClassExpansion room
FAR Utilization51% of allowed
Buildable Headroom+1,044 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,134 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: Belmont Zoning Ordinance 4.2.3(d) Table 5 (Lot Size/Intensity) as a CAP on the default estimate; Table 4 slope FAR NOT applied, no per-parcel slope available (as of 2026-09-03). 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

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

Cipriani Elementary

Belmont-Redwood Shores Elementary

0.6 miles away
Middle School

Abbott Middle

San Mateo-Foster City

0.8 miles away
High School

Hillsdale High

San Mateo Union High

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

65/100

Based on recent sales velocity and local demand in 94002.

Flippability Score

88/100

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

Bidding War Prob.

49%

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 2,134 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 Belmont (94002): $1,140/sqft. Sized within 25% of the 2,100 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$1,155,000
New Build2,100 sqft
Total Capital Required$2,829,000
Estimated Resale (ARV)$2,394,000
Cost of Sale (5%)-$119,700
Net Proceeds$2,274,300

Projected Profit

-$554,700
-19.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Belmont 94002)

Sized to the modelled 2,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1917 Hillman Ave

Sold
$1,880,000
Sold: 2026-09-18
Lot: 3,503
Sqft: 1710
$/Sqft: $1,099

1720 Terrace Dr

Sold
$1,699,000
Sold: 2026-09-11
Lot: 11,189
Sqft: 1730
$/Sqft: $982

2428 Hastings Dr

Sold
$1,965,000
Sold: 2026-09-11
Lot: 4,802
Sqft: 1690
$/Sqft: $1,163

1600 Sunnyslope Ave

Sold
$2,300,000
Sold: 2026-09-10
Lot: 5,603
Sqft: 2060
$/Sqft: $1,117

2519 Lincoln Ave

Sold
$2,355,000
Sold: 2026-09-10
Lot: 4,447
Sqft: 2165
$/Sqft: $1,088

2603 All View Way

Sold
$2,450,000
Sold: 2026-09-09
Lot: 5,892
Sqft: 1954
$/Sqft: $1,254

1588 Molitor Rd

Sold
$2,900,000
Sold: 2026-09-09
Lot: 6,932
Sqft: 1710
$/Sqft: $1,696

2715 Belmont Canyon Rd

Sold
$2,715,000
Sold: 2026-09-01
Lot: 4,500
Sqft: 1960
$/Sqft: $1,385

2507 Hastings Dr

Sold
$2,685,000
Sold: 2026-08-31
Lot: 5,576
Sqft: 2210
$/Sqft: $1,215

2547 Somerset Dr

Sold
$3,475,000
Sold: 2026-08-24
Lot: 7,586
Sqft: 2500
$/Sqft: $1,390

1550 Winding Way

Sold
$2,650,000
Sold: 2026-08-20
Lot: 8,125
Sqft: 2610
$/Sqft: $1,015

2635 Ponce Ave

Sold
$2,815,000
Sold: 2026-08-07
Lot: 5,640
Sqft: 2600
$/Sqft: $1,083