$1,485,000
496 W Charleston Rd Apt 302, Palo Alto 94306
AddressIntel AI Briefing
This Palo Alto condo is evaluated purely as an investment asset, trading close to market parity on a price-per-square-foot basis. Without any bulk purchase potential in the building, the property represents a straightforward, high-demand rental play in an elite school district. Strong estimated rents make this a reliable passive income vehicle with minimal operational friction.
Property Permit History
| Date | Project Type | Status | Valuation | Contractor |
|---|---|---|---|---|
| Finaled | $11,900 | THERMA TECH INC | ||
| 2026-09-08 | Project - Building Permit | Pending Resubmittal | -- | Unknown |
Recent Neighborhood Remodeling (Palo Alto)
Parcel & Zoning Info
Condo Investment Snapshot
Price positioning vs. 77 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.
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
Juana Briones Elementary
Palo Alto Unified
Ellen Fletcher Middle
Palo Alto Unified
Henry M. Gunn 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
72/100
Based on recent sales velocity and local demand in 94306.
Flippability Score
45/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
57%
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 5 recent condo sales in Palo Alto (94306): $1,181/sqft. Sized within 25% of the 2,100 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 94306)
Sized to the modelled 2,100 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.