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Off-MarketSingle Family

$3,477,000

3920 Park Blvd, Palo Alto 94306

Beds4
Baths3
Sqft1,700
DOM21
No Photos Available

AddressIntel AI Briefing

Despite the 1952 built year, the listing indicates this property is newly built or fully turnkey, leaving no immediate value-add potential. The high entry price relative to local comps of $4M further squeezes any speculative margin.

Property Permit History

DateProject TypeStatusValuationContractor
2026-04-29Finaled$15,725BAYSHORE PLUMBERS
2026-03-25Finaled$10,000RMM ROOFING INC
2026-02-24Permit Issued$1,000Owner Builder
2025-08-28Finaled$241,099H B KITCHEN BATH INC

Recent Neighborhood Remodeling (Palo Alto)

2026-10-22 • 3830 LOUIS RD, PALO ALTO CA 94303
Project - Building Permit
--Incomplete
2026-10-22 • 3830 LOUIS RD, PALO ALTO CA 94303
Project - Building Permit
--Incomplete
2026-10-22 • 433 KINGSLEY AV, PALO ALTO CA 94301
Water Heater (electric): One heat pump water heater (detached single-family and duplex only)
--Permit Issued
2026-10-22 • 1231 PARKINSON AV, PALO ALTO CA 94301
Water Heater (gas): One gas water heater, not tankless, same number of BTUs or less, and under 200,000 BTUs (detached single-family, duplex, single condo/apartment unit, and individual commercial tenant space)
--Permit Issued
2026-10-22 • 2860 COWPER ST, PALO ALTO CA 94306
Project - Building Permit
--Pending Resubmittal
2026-10-22 • 3830 LOUIS RD, PALO ALTO CA 94303
Project - Building Permit
--Submitted

Parcel & Zoning Info

APN--
Official Lot Sqft6,098
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 Score82/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage27.9%

Flag / irregular · Corner lot · ~111 ft frontage × 115 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 Score50/100
ClassExpansion room
FAR Utilization66% of allowed
Buildable Headroom+879 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,579 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

Jane Lathrop Stanford Middle

Palo Alto Unified

0.5 miles away
High School

Henry M. Gunn 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

69/100

Based on recent sales velocity and local demand in 94306.

Flippability Score

25/100

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

Bidding War Prob.

53%

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 2,579 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 (94306): $1,929/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,600 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$1,430,000
New Build2,600 sqft
Total Capital Required$5,082,000
Estimated Resale (ARV)$5,265,000
Cost of Sale (5%)-$263,250
Carry (33mo @ 7%)-$823,804
Net Proceeds$4,177,946

Projected Profit

-$904,054
-17.8% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Palo Alto 94306)

Sized to the modelled 2,600 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

3005 Cowper St

Sold
$5,000,000
Sold: 2026-10-22
Lot: 7,998
Sqft: 3120
$/Sqft: $1,603

359 Campesino Ave

Sold
$6,910,000
Sold: 2026-10-21
Lot: 7,840
Sqft: 2823
$/Sqft: $2,448

3423 Ashton Ct

Sold
$5,000,000
Sold: 2026-10-20
Lot: 6,199
Sqft: 2404
$/Sqft: $2,080

2928 Bryant St

Sold
$7,210,000
Sold: 2026-10-08
Lot: 8,710
Sqft: 3138
$/Sqft: $2,298

651 E Meadow Dr

Sold
$3,850,000
Sold: 2026-09-30
Lot: 6,572
Sqft: 2438
$/Sqft: $1,579

3855 Magnolia Dr

Sold
$5,350,000
Sold: 2026-09-24
Lot: 7,800
Sqft: 2701
$/Sqft: $1,981

4066 Ben Lomond Dr

Sold
$4,320,000
Sold: 2026-09-23
Lot: 11,281
Sqft: 2111
$/Sqft: $2,046

455 Margarita Ave

Sold
$3,600,000
Sold: 2026-09-21
Lot: 5,400
Sqft: 2478
$/Sqft: $1,453

3717 Park Blvd

Sold
$3,400,000
Sold: 2026-09-08
Lot: 5,000
Sqft: 1998
$/Sqft: $1,702

568 Irven Ct

Sold
$4,250,000
Sold: 2026-09-04
Lot: 5,750
Sqft: 2264
$/Sqft: $1,877

3359 Saint Michael Ct

Sold
$4,725,000
Sold: 2026-08-24
Lot: 6,832
Sqft: 2650
$/Sqft: $1,783

829 Matadero Ave

Sold
$4,583,888
Sold: 2026-08-06
Lot: 12,632
Sqft: 2171
$/Sqft: $2,111