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Activesingle_family

$849,000

2260 Pulgas Ave, Palo Alto 94303

Beds3
Baths2
Sqft1,028
DOM13
No Photos Available

AddressIntel AI Briefing

This 94303 listing is tightly bound by flood zone AE regulations which will inflate any extensive remodeling costs. The spread between the asking price and recent standard comps limits the return potential for a major overhaul.

Property Permit History

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

Recent Neighborhood Remodeling (Palo Alto)

2026-10-21 • 433 KINGSLEY AV, PALO ALTO CA 94301
Water Heater (electric): One heat pump water heater (detached single-family and duplex only)
--Pending
2026-10-21 • 631 KENDALL AV, PALO ALTO CA 94306
Building Addressing
--Under Review
2026-10-21 • 829 WAVERLEY ST, PALO ALTO CA 94301
Revision-Building Permit
--In Plan Check
2026-10-21 • 246 VENTURA AV, PALO ALTO CA 94306
Heat Pump Space Conditioning Systems: New, retrofit, or replacement of space conditioning system (heat pump, furnace/air handler) and associated ductwork (detached single-family, duplex, and ADUs)
--Pending
2026-10-21 • 180 EL CAMINO REAL, STE AA1070, PALO ALTO CA 94304
Project - Building Permit
--In Plan Check
2026-10-21 • 1590 MADRONO AV, PALO ALTO CA 94306
Building Addressing
--Under Review

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning CodeNO DATA ASSIGNED
SB 9 StatusBlocked
SB 9 Block Reasons
FEMA Special Flood Hazard Area Lot below 2,400 sqft (no split)
Development Blockers
Flood Zone (SFHA) Liquefaction
Unlock Pathways
Ministerial ADU
Entitlement RiskModerate (21/100)

ADU Potential

Feasibility Score13/100
Max ADU Units1 (ADU + JADU)
Est. ADU Size--
Existing Coverage--

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

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. 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

Aspire East Palo Alto Charter

Ravenswood City Elementary

0.1 miles away
Middle School

Cesar Chavez Ravenswood Middle

Ravenswood City Elementary

0.9 miles away
High School

KIPP Esperanza High

Sequoia Union High

0.1 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

64/100

Based on recent sales velocity and local demand in 94303.

Flippability Score

40/100

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

Bidding War Prob.

1%

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 Palo Alto (94303): $2,285/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,500 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.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$825,000
New Build1,500 sqft
Total Capital Required$1,849,000
Estimated Resale (ARV)$3,598,500
Cost of Sale (5%)-$179,925
Carry (33mo @ 7%)-$259,683
Net Proceeds$3,158,893

Projected Profit

$1,309,893
70.8% ROI

Recent Comparables (Palo Alto 94303)

Sized to the modelled 1,500 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1863 Hamilton Ave

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$/Sqft: $2,022

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1054 Moffett Cir

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