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ActiveSingle Family

$2,998,000

2593 Cowper St, Palo Alto 94301

Beds3
Baths1
Sqft1,290
DOM0
No Photos Available

AddressIntel AI Briefing

A prime candidate for development due to a small, older home on an underutilized Palo Alto lot. The optimal play is a complete teardown-and-mansionize to align the property with high-value neighborhood comps. The local liquefaction zone acts as a minor blocker, requiring soil mitigation during the initial grading and foundation phases.

Property Permit History

DateProject TypeStatusValuationContractor
2016-12-12Finaled--SANCTIFIED PLUMBING & ROOTER COMPANY INC
2016-10-13Finaled$12,650E M ROOFING

Recent Neighborhood Remodeling (Palo Alto)

2026-10-21 • 725 GUINDA ST, PALO ALTO CA 94301
Roof: Like for like re-roof, only one structure per permit (detached single-family and duplex only, non-historic property)
--Permit Issued
2026-10-21 • 3415 HILLVIEW AV, PALO ALTO CA 94304
Project - Building Permit
--Submitted
2026-10-21 • 180 EL CAMINO REAL, STE AA1020, PALO ALTO CA 94304
Project - Building Permit
--In Plan Check
2026-10-21 • 176 WAVERLEY ST, PALO ALTO CA 94301
Project - Building Permit
--In Plan Check
2026-10-21 • 317 SHASTA DR, PALO ALTO CA 94306
Revision-Building Permit
--In Plan Check
2026-10-21 • 409 SHERMAN AV, PALO ALTO CA 94306
Project - Building Permit
--In Plan Check

Parcel & Zoning Info

APN13202082
Official Lot Sqft6,534
Zoning Code--
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 Score94/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage19.7%

Flag / irregular · Corner lot · ~112 ft frontage × 145 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 Score61/100
ClassTeardown candidate
FAR Utilization48% of allowed
Buildable Headroom+1,420 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 2,710 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

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. 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

El Carmelo Elementary

Palo Alto Unified

0.5 miles away
Middle School

Frank S. Greene Jr. Middle

Palo Alto Unified

0.5 miles away
High School

Palo Alto High

Palo Alto Unified

1.3 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

81/100

Based on recent sales velocity and local demand in 94301.

Flippability Score

90/100

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

Bidding War Prob.

38%

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 2,710 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 (94301): $2,260/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. 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.

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$1,485,000
New Build2,700 sqft
Total Capital Required$4,658,000
Estimated Resale (ARV)$6,407,100
Cost of Sale (5%)-$320,355
Carry (33mo @ 7%)-$736,890
Net Proceeds$5,349,855

Projected Profit

$691,855
14.9% ROI

Warning: Margin is tight for the construction risk.

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.

1432 Hamilton Ave

Sold
$6,200,000
Sold: 2026-10-20
Lot: 7,500
Sqft: 2720
$/Sqft: $2,279

834-836 Addison Ave

Sold
$4,400,000
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Lot: 10,000
Sqft: 2136
$/Sqft: $2,060

770 Everett Ave

Sold
$3,044,750
Sold: 2026-10-09
Lot: -
Sqft: 2088
$/Sqft: $1,458

337 Tennyson Ave

Sold
$7,700,000
Sold: 2026-10-09
Lot: 10,000
Sqft: 2388
$/Sqft: $3,224

2325 Emerson St

Sold
$4,350,000
Sold: 2026-10-05
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Sqft: 2182
$/Sqft: $1,994

872 Waverley St

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$4,580,000
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$/Sqft: $1,920

1125 Guinda St

Sold
$6,500,000
Sold: 2026-09-24
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Sqft: 2900
$/Sqft: $2,241

2101 Middlefield Rd

Sold
$4,789,000
Sold: 2026-09-11
Lot: 7,497
Sqft: 2834
$/Sqft: $1,690

1800 Waverley St

Sold
$7,500,000
Sold: 2026-09-11
Lot: 9,600
Sqft: 2965
$/Sqft: $2,530

1353 Martin Ave

Sold
$9,800,000
Sold: 2026-08-11
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Sqft: 3117
$/Sqft: $3,144

2001 Bryant St

Sold
$21,775,000
Sold: 2026-07-20
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Sqft: 3061
$/Sqft: $7,114

771 Center Dr

Sold
$6,510,000
Sold: 2026-07-20
Lot: 10,500
Sqft: 2391
$/Sqft: $2,723