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Activesingle_family

$2,950,000

505 Runnymede St Unit C, East Palo Alto 94303

Beds5
Baths4.5
Sqft2,880
DOM440
No Photos Available

AddressIntel AI Briefing

Priced near $3M, this massive townhouse sits in a high-demand tier but leaves slim spreads. The long days on market suggest pricing needs to adjust downward before a developer can jump in.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (East Palo Alto)

Parcel & Zoning Info

APN--
Official Lot Sqft22,342
Zoning CodeNO DATA ASSIGNED
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 Score100/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage12.9%

Standard lot · Corner lot · ~142 ft frontage × 232 ft deep, typical proportions for a detached ADU behind or beside the home. 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.

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Redevelopment Potential

Redevelopment Score84/100
ClassTeardown candidate
FAR Utilization32% of allowed
Buildable Headroom+6,057 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 8,937 sqft of gross floor area on this lot.

Screening estimate comparing existing living area to the city's single-family floor-area limit. City sets no explicit FAR (or is not individually curated); allowable area is a conservative estimate. Source: conservative default (0.40 FAR — city not individually curated) (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

Costano Elementary

Ravenswood City Elementary

0.7 miles away
Middle School

Cesar Chavez Ravenswood Middle

Ravenswood City Elementary

0.3 miles away
High School

Oxford Day Academy

San Mateo County Office of Education

0.4 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

64/100

Based on recent sales velocity and local demand in 94303.

Flippability Score

45/100

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

Bidding War Prob.

1%

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.

We don't hold this jurisdiction's floor-area rule, so the default builds to roughly 8,937 sqft from a conservative 0.40 FAR approximation, a starting point and not a zoning answer. Check the local code before you rely on it.

Median of 12 recent single-family sales in East Palo Alto (94303): $946/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. No size-matched sales in East Palo Alto, so this median mixes build sizes and reads high for a large rebuild.

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$4,895,000
New Build8,900 sqft
Total Capital Required$8,020,000
Estimated Resale (ARV)$8,837,700
Cost of Sale (5%)-$441,885
Carry (33mo @ 7%)-$1,055,863
Net Proceeds$7,339,953

Projected Profit

-$680,048
-8.5% ROI

Warning: Project is mathematically underwater.

Recent Comparables (East Palo Alto 94303)

No size-matched sales in East Palo Alto, so these are unmatched on size and the ARV below is a loose estimate.

2050 Ralmar Ave

Sold
$1,200,000
Sold: 2026-10-19
Lot: 5,074
Sqft: 1000
$/Sqft: $1,200

16 Clarence Ct

Sold
$1,275,000
Sold: 2026-10-01
Lot: 10,100
Sqft: 1150
$/Sqft: $1,109

1226 Laurel Ave

Sold
$1,300,000
Sold: 2026-09-28
Lot: 6,000
Sqft: 1274
$/Sqft: $1,020

2543 Hazelwood Way

Sold
$820,000
Sold: 2026-09-24
Lot: 5,105
Sqft: 1100
$/Sqft: $745

1225 Cypress St

Sold
$740,000
Sold: 2026-09-22
Lot: 6,950
Sqft: 970
$/Sqft: $763

1112 Bay Rd

Sold
$848,000
Sold: 2026-09-22
Lot: 5,990
Sqft: 910
$/Sqft: $932

2551 Emmett Way

Sold
$1,276,000
Sold: 2026-09-22
Lot: 5,000
Sqft: 1100
$/Sqft: $1,160

2292 Poplar Ave

Sold
$1,065,000
Sold: 2026-09-15
Lot: 5,000
Sqft: 1110
$/Sqft: $959

2032 Euclid Ave

Sold
$20,700,000
Sold: 2026-09-15
Lot: 7,250
Sqft: 940
$/Sqft: $22,021

2338 Dumbarton Ave

Sold
$975,000
Sold: 2026-08-28
Lot: 5,000
Sqft: 1340
$/Sqft: $728

2170 Ralmar Ave

Sold
$943,000
Sold: 2026-08-24
Lot: 5,000
Sqft: 1120
$/Sqft: $842

208 Verbena Dr

Sold
$690,000
Sold: 2026-08-24
Lot: 5,000
Sqft: 860
$/Sqft: $802