Back to Search
ActiveSingle Family

$4,250,000

2033 San Carlos Ave, San Carlos 94070

Beds3
Baths2
Sqft1,400
DOM12
No Photos Available

AddressIntel AI Briefing

This is an elite development opportunity where an SB 9 lot split on a massive 27,747 square foot parcel can yield multiple high-end homes. Low 5% coverage on the 71-year-old cottage makes demolition simple, and active city permit activity indicates a hot developer market. Liquefaction is present but easily managed, while local $250k+ incomes support an ultra-high ARV.

Property Permit History

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

Recent Neighborhood Remodeling (San Carlos)

2026-07-221100 CEDAR ST SAN CARLOS CA 94070
Building Residential- Addition
$60,000Issued
2026-07-22608 WELLINGTON DR SAN CARLOS CA 94070
Building (Residential) - SB9
--Issued
2026-07-21105 BROOK ST SAN CARLOS CA 94070
Building (Residential) - Kitchen Remodel
$45,000Issued
2026-07-2062 CLUB DR SAN CARLOS CA 94070
Building (Residential) - JADU
$125,000Issued
2026-07-201044 SUNSET DR SAN CARLOS CA 94070
Building Residential- Addition
$500,000Issued
2026-07-20967 MC CUE AVE SAN CARLOS CA 94070
Building (Residential) - Kitchen Remodel
$20,000Issued

Parcel & Zoning Info

APN049331110
Official Lot Sqft27,747
Zoning CodeNO DATA ASSIGNED
SB 9 StatusLikely · up to 4 units
SB 9 Block Reasons No SB 9 disqualifiers found
Development Blockers
Liquefaction
Unlock Pathways
Ministerial ADU Ministerial SB 9 Density Bonus
Entitlement RiskLow (0/100)

ADU Potential

Feasibility Score92/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage5%

Wide & shallow · ~186 ft frontage × 212 ft deeplimited depth — an ADU likely sits beside the house rather than behind it.

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 Score85/100
ClassTeardown candidate
FAR Utilization13% of allowed
Buildable Headroom+9,699 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 11,099 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: conservative default (0.40 FAR — city not individually curated) (as of 2026-06-30). 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

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

Arundel Elementary

San Carlos Elementary

0.1 miles away
Middle School

Central Middle

San Carlos Elementary

0.6 miles away
High School

Carlmont High

Sequoia Union High

0.8 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

85/100

Based on recent sales velocity and local demand in 94070.

Flippability Score

85/100

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

Bidding War Prob.

40%

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.

Based on 6 recent sales in 94070 averaging $1,145/sqft.

Hard Costs$840,000
New Build2,100 sqft
Total Capital Required$5,265,000
Estimated Resale (ARV)$2,404,500

Projected Profit

-$2,860,500
-54.3% ROI

Warning: Project is mathematically underwater.

Recent Comparables (94070)

162 Coronado Ave

Sold
$1,995,000
Sold: 2026-07-22
Lot: 7,749
Sqft: 2799
$/Sqft: $713

45 Camelot Ct

Sold
$2,705,000
Sold: 2026-07-10
Lot: 9,794
Sqft: 2180
$/Sqft: $1,241

2755 San Carlos Ave

Sold
$1,310,000
Sold: 2026-07-14
Lot: 7,000
Sqft: 800
$/Sqft: $1,638

2404 Melendy Dr

Sold
$2,700,000
Sold: 2026-07-15
Lot: 10,355
Sqft: 2450
$/Sqft: $1,102

743 Orange Ave

Sold
$3,250,000
Sold: 2026-07-15
Lot: 6,098
Sqft: 2460
$/Sqft: $1,321

12 Clover Ln

Sold
$1,700,000
Sold: 2026-07-15
Lot: 1,625
Sqft: 1990
$/Sqft: $854