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ActiveCondo

$645,000

1101 Continentals Way Apt 112, Belmont 94002

Beds2
Baths2
Sqft1,040
DOM107
No Photos Available

AddressIntel AI Briefing

This is a prime condo investment highlighted by its below-market pricing position of -7.3% per square foot. The interior is already renovated and brand new, allowing an investor to lease it out immediately for an estimated $2,604/mo with virtually zero capital expenditure. This is a pure cash flow or entry-level portfolio placement.

Property Permit History

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

Recent Neighborhood Remodeling (Belmont)

2026-10-20 • 2506 RALSTON AVE
ALTERATION - WINDOWS
--ACTIVE
2026-10-20 • 1308 TALBRYN DR
ALTERATION - ALTERATION
--IN REVIEW
2026-10-19 • 1039 CONTINENTALS WAY
ALTERATION - ALTERATION
--ACTIVE
2026-10-17 • 2129 PULLMAN AVE
ALTERATION - ALTERATION
--IN REVIEW
2026-10-15 • 2824 BENSON WAY
ALTERATION - INTERIOR REMODEL
--IN REVIEW
2026-10-14 • 1771 VALLEY VIEW AVE
ALTERATION - INTERIOR REMODEL
--ACTIVE

Parcel & Zoning Info

APN105990120
Official Lot Sqft1,230
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score100/100
Price / Sqft$620 vs $825 mkt
Price vs Market-24.9% Below market
Est. Rent$2,240/mo

Price positioning vs. 52 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

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. 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

Cipriani Elementary

Belmont-Redwood Shores Elementary

0.5 miles away
Middle School

Ralston Intermediate

Belmont-Redwood Shores Elementary

0.5 miles away
High School

Carlmont High

Sequoia Union High

0.9 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

66/100

Based on recent sales velocity and local demand in 94002.

Flippability Score

65/100

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

Bidding War Prob.

46%

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 condo sales in Belmont (94002): $893/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 1,600 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.

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$880,000
New Build1,600 sqft
Total Capital Required$1,700,000
Estimated Resale (ARV)$1,500,800
Cost of Sale (5%)-$75,040
Carry (33mo @ 7%)-$225,706
Net Proceeds$1,200,054

Projected Profit

-$499,946
-29.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Belmont 94002)

Sized to the modelled 1,600 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

400 El Camino Real Unit 202

Sold
$1,300,000
Sold: 2026-08-18
Lot: 1,474
Sqft: 1306
$/Sqft: $995

600 El Camino Real Unit 209

Sold
$1,075,000
Sold: 2026-08-13
Lot: -
Sqft: 1398
$/Sqft: $769

600 El Camino Real Unit 308

Sold
$1,400,000
Sold: 2026-07-30
Lot: 1,553
Sqft: 1367
$/Sqft: $1,024

600 El Camino Real Unit 206

Sold
$985,000
Sold: 2026-06-15
Lot: 1,617
Sqft: 1345
$/Sqft: $732

600 El Camino Real Unit 211

Sold
$985,000
Sold: 2026-06-09
Lot: 1,511
Sqft: 1354
$/Sqft: $727

600 El Camino Real Unit 309

Sold
$1,200,000
Sold: 2026-05-04
Lot: -
Sqft: 1398
$/Sqft: $858

300 Davey Glen Rd Apt 3621

Sold
$1,250,000
Sold: 2026-03-04
Lot: -
Sqft: 1772
$/Sqft: $705

600 El Camino Real Unit 213

Sold
$1,065,000
Sold: 2025-12-11
Lot: -
Sqft: 1271
$/Sqft: $838

600 El Camino Real Unit 312

Sold
$1,399,000
Sold: 2025-08-29
Lot: -
Sqft: 1377
$/Sqft: $1,016

900 Live Oak Way Apt 903

Sold
$1,468,000
Sold: 2025-04-07
Lot: -
Sqft: 1581
$/Sqft: $929

600 El Camino Real Unit 314

Sold
$1,258,800
Sold: 2025-02-18
Lot: -
Sqft: 1215
$/Sqft: $1,036

600 El Camino Real # 3314

Sold
$1,259,000
Sold: 2025-02-18
Lot: 22,649
Sqft: 1215
$/Sqft: $1,036