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ActiveSingle Family

$2,599,000

904 Lakeview Way, Redwood City 94062

Beds3
Baths3
Sqft2,170
DOM6
No Photos Available

AddressIntel AI Briefing

Because the existing 1988 home is already fully updated, a teardown-and-mansionize strategy is economically unviable. The optimal play is stealth density: primary + ADU + JADU, leveraging the property's outstanding 98/100 ADU feasibility score. This pathway allows investors to capture Redwood City's high rental yields and strong demographics without the massive capital sink of a new build.

Property Permit History

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

Recent Neighborhood Remodeling (Redwood City)

2026-08-211081 8TH AVE
SOLAR APP PLUS
--Issued
2026-08-2122 MYRTLE ST
ADU
--Issued
2026-08-2122 MYRTLE ST
SFR BUILDING
--Issued
2026-08-211135 VETERANS BLVD
ALTERATIONS_COMMERCIAL
--Issued
2026-08-21585 STAMBAUGH ST
CONSTRUCTION PERMITS
--Approved
2026-08-21421 HARRISON AVE
CONSTRUCTION PERMITS
--Approved

Parcel & Zoning Info

APN057265010
Official Lot Sqft7,109
Zoning CodeRH, DR
SB 9 StatusLikely · up to 4 units
Unlock Pathways
Ministerial ADU Ministerial SB 9 Builder's Remedy SB 423 Streamlining Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score98/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage30.5%

Flag / irregular · Corner lot · ~93 ft frontage × 161 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.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

Moderate
Elevated fire risk; impacts insurance cost and building materials.

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.

Nearby Public Schools

Elementary School

Roy Cloud Elementary

Redwood City Elementary

0.3 miles away
Middle School

John F. Kennedy Middle

Redwood City Elementary

1.3 miles away
High School

Canyon Oaks Youth Center

San Mateo County Office of Education

1.6 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

73/100

Based on recent sales velocity and local demand in 94062.

Flippability Score

30/100

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 12 recent single-family sales in Redwood City (94062): $1,247/sqft. Sized within 25% of the 3,300 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$1,815,000
New Build3,300 sqft
Total Capital Required$4,589,000
Estimated Resale (ARV)$4,115,100
Cost of Sale (5%)-$205,755
Net Proceeds$3,909,345

Projected Profit

-$679,655
-14.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Redwood City 94062)

Sized to the modelled 3,300 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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