$2,200,000
2571 Alma St, Palo Alto 94301
AddressIntel AI Briefing
The optimal play is a classic teardown-and-mansionize strategy, as SB 9 and ADU pathways are highly constrained here. The asking price is deeply discounted compared to new build comparables in this high-income pocket. Designing a luxury single-family residence remains the most straightforward path to unlocking market value.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| Finaled | -- | ALLSTAR PLUMBING CORPORATION | ||
| Finaled | $20,000 | CSR ROOFING INC | ||
| Finaled | -- | Owner Builder |
Recent Neighborhood Remodeling (Palo Alto)
Parcel & Zoning Info
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
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
El Carmelo Elementary
Palo Alto Unified
Frank S. Greene Jr. Middle
Palo Alto Unified
Palo Alto High
Palo Alto Unified
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
68/100
Based on recent sales velocity and local demand in 94301.
Flippability Score
88/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
36%
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 6 recent multi-family sales in Palo Alto (94301): $1,306/sqft. Sized within 25% of the 2,700 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Palo Alto 94301)
Sized to the modelled 2,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.