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ActiveCondo

$998,000

4157 El Camino Way Apt E, Palo Alto 94306

Beds2
Baths2
Sqft1,119
DOM6
No Photos Available

AddressIntel AI Briefing

This asset is analyzed purely as an investment, presenting a compelling value play positioned significantly below market averages on a price-per-square-foot basis. Investors can capture strong rental yield given the solid Palo Alto demographics and high local median household income. The unit's updated condition minimizes immediate capital expenditure, making it an excellent turn-key hold.

Property Permit History

DateProject TypeStatusValuationContractor
2026-08-04Project - Building PermitPending Resubmittal$14,350THE HOME DEPOT

Recent Neighborhood Remodeling (Palo Alto)

975 CALIFORNIA AV
--Finaled
3860 MAGNOLIA DR
$8,000Finaled
1420 UNIVERSITY AV
$4,000Finaled
660 MIDDLEFIELD RD
$7,000Finaled
2129 EMERSON ST, UNIT A
$499,691Finaled
343 KINGSLEY AV
$4,200Finaled

Parcel & Zoning Info

APN13260061
Official Lot Sqft3,920
Zoning Code--
SB 9 StatusN/A

Condo Investment Snapshot

Value Score76/100
Price / Sqft$892 vs $1,028 mkt
Price vs Market-13.2% Below market
Est. Rent$3,465/mo

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

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

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

Juana Briones Elementary

Palo Alto Unified

0.4 miles away
Middle School

Jane Lathrop Stanford Middle

Palo Alto Unified

0.7 miles away
High School

Henry M. Gunn High

Palo Alto Unified

1.0 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

72/100

Based on recent sales velocity and local demand in 94306.

Flippability Score

50/100

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

Bidding War Prob.

55%

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 Palo Alto (94306): $1,008/sqft. Sized within 25% of the 1,700 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.

Hard Costs$935,000
New Build1,700 sqft
Total Capital Required$2,108,000
Estimated Resale (ARV)$1,713,600
Cost of Sale (5%)-$85,680
Net Proceeds$1,627,920

Projected Profit

-$480,080
-22.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Palo Alto 94306)

Sized to the modelled 1,700 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

561 Thain Way

Sold
$1,435,000
Sold: 2026-09-08
Lot: -
Sqft: 1445
$/Sqft: $993

200 Sheridan Ave Apt 404

Sold
$1,532,000
Sold: 2026-07-29
Lot: -
Sqft: 1379
$/Sqft: $1,111

200 Sheridan Ave Apt 201

Sold
$1,402,450
Sold: 2026-07-02
Lot: -
Sqft: 1371
$/Sqft: $1,023

200 Sheridan Ave Apt 305

Sold
$1,805,000
Sold: 2026-06-23
Lot: -
Sqft: 1355
$/Sqft: $1,332

4237 Ponce Dr

Sold
$2,140,000
Sold: 2026-05-26
Lot: -
Sqft: 1812
$/Sqft: $1,181

4173 El Camino Real Apt 23

Sold
$1,462,500
Sold: 2026-05-26
Lot: -
Sqft: 1375
$/Sqft: $1,064

200 Sheridan Ave Apt 104

Sold
$1,189,900
Sold: 2026-05-15
Lot: -
Sqft: 1411
$/Sqft: $843

2573 Park Blvd Apt U204

Sold
$980,000
Sold: 2026-05-12
Lot: -
Sqft: 1319
$/Sqft: $743

200 Sheridan Ave Apt 205

Sold
$1,387,250
Sold: 2026-05-08
Lot: -
Sqft: 1355
$/Sqft: $1,024

4148 Thain Way

Sold
$1,498,000
Sold: 2026-04-14
Lot: 1,637
Sqft: 1629
$/Sqft: $920

200 Sheridan Ave Apt 208

Sold
$1,361,000
Sold: 2026-04-07
Lot: -
Sqft: 1380
$/Sqft: $986

4159 El Camino Way Apt E

Sold
$1,050,000
Sold: 2026-03-26
Lot: 1,984
Sqft: 1310
$/Sqft: $802