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ActiveSingle Family

$2,898,000

893 Colorado Ave, Palo Alto 94303

Beds3
Baths2
Sqft1,557
DOM3
No Photos Available

AddressIntel AI Briefing

With SB 9 blocked, the optimal path is a stealth density approach using a detached ADU. Severe flood zone and liquefaction designations act as notable physical and financial blockers, raising construction insurance 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

APN12728002
Official Lot Sqft5,227
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 Score72/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage29.8%

Flag / irregular · Corner lot · ~103 ft frontage × 118 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 Score47/100
ClassExpansion room
FAR Utilization67% of allowed
Buildable Headroom+761 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

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

0.2 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

0.7 miles away
High School

Palo Alto High

Palo Alto Unified

1.8 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 94303.

Flippability Score

30/100

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 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 (94303): $2,095/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$4,338,000
Estimated Resale (ARV)$4,818,500
Cost of Sale (5%)-$240,925
Net Proceeds$4,577,575

Projected Profit

$239,575
5.5% ROI

Warning: Margin is tight for the construction risk.

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