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ActiveSingle Family

$2,998,000

938 Van Auken Cir, Palo Alto 94303

Beds3
Baths1
Sqft1,069
DOM9
No Photos Available

AddressIntel AI Briefing

The tiny 1951 house on a spacious 9,583 sqft lot represents a classic teardown-and-mansionize opportunity with excellent ROI potential. However, development must navigate critical blockers including flood zone (AE) and liquefaction hazards, along with a blocked SB 9 status.

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

APN12705037
Official Lot Sqft9,583
Zoning Code--
SB 9 StatusBlocked
SB 9 Block Reasons
FEMA Special Flood Hazard Area
Development Blockers
Flood Zone (SFHA) Liquefaction
Unlock Pathways
Ministerial ADU
Entitlement RiskModerate (21/100)

ADU Potential

Feasibility Score94/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage11.2%

Flag / irregular · Corner lot · ~97 ft frontage × 181 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 Score78/100
ClassTeardown candidate
FAR Utilization29% of allowed
Buildable Headroom+2,556 sqft

Small, older home using a low share of the allowable building envelope on a sizable lot, a scrape-and-rebuild or major-expansion play. Zoning allows roughly 3,625 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

AE
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

Ohlone Elementary

Palo Alto Unified

0.1 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

0.7 miles away
High School

East Palo Alto Academy

Sequoia Union High

1.7 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

67/100

Based on recent sales velocity and local demand in 94303.

Flippability Score

88/100

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

Bidding War Prob.

28%

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 3,625 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 (94303): $1,912/sqft. Sized within 25% of the 3,600 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$1,980,000
New Build3,600 sqft
Total Capital Required$5,153,000
Estimated Resale (ARV)$6,883,200
Cost of Sale (5%)-$344,160
Net Proceeds$6,539,040

Projected Profit

$1,386,040
26.9% ROI

Recent Comparables (Palo Alto 94303)

Sized to the modelled 3,600 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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