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ActiveSingle Family

$3,498,000

3837 Carlson Ct, Palo Alto 94306

Beds3
Baths2.5
Sqft2,011
DOM0
No Photos Available

AddressIntel AI Briefing

A teardown-and-mansionize strategy is the premier play here given Palo Alto's incredible land values and highly active local builder market. While liquefaction is a known blocker requiring enhanced engineering, the exceptional demand for high-end new builds easily justifies the structural mitigation.

Property Permit History

DateProject TypeStatusValuationContractor
2015-09-08Finaled--ZAYER QUALITY CONSTRUCTION
2015-05-29Finaled$198,000ZAYER QUALITY CONSTRUCTION
2013-03-08Permit Issued--ROTO-ROOTER

Recent Neighborhood Remodeling (Palo Alto)

2026-10-21 • 1590 MADRONO AV, PALO ALTO CA 94306
Building Addressing
--Under Review
2026-10-21 • 882 EMERSON ST, STE C, PALO ALTO CA 94301
Project - Building Permit
--In Plan Check
2026-10-21 • 409 SHERMAN AV, PALO ALTO CA 94306
Project - Building Permit
--In Plan Check
2026-10-21 • 180 EL CAMINO REAL, STE AA1070, PALO ALTO CA 94304
Project - Building Permit
--In Plan Check
2026-10-21 • 631 KENDALL AV, PALO ALTO CA 94306
Building Addressing
--Under Review
2026-10-21 • 433 KINGSLEY AV, PALO ALTO CA 94301
Water Heater (electric): One heat pump water heater (detached single-family and duplex only)
--Pending

Parcel & Zoning Info

APN14719047
Official Lot Sqft6,970
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 Score84/100
Max ADU Units2 (ADU + JADU)
Est. ADU Size1,200 sqft
Existing Coverage28.9%

Flag / irregular · Corner lot · ~107 ft frontage × 124 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 Utilization71% of allowed
Buildable Headroom+830 sqft

Meaningful unused floor-area headroom under current zoning, room to add square footage. Zoning allows roughly 2,841 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

Herbert Hoover Elementary

Palo Alto Unified

0.1 miles away
Middle School

Jane Lathrop Stanford Middle

Palo Alto Unified

0.3 miles away
High School

Henry M. Gunn High

Palo Alto Unified

1.6 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

71/100

Based on recent sales velocity and local demand in 94306.

Flippability Score

80/100

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

Bidding War Prob.

44%

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 2,841 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): $2,014/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 25% of the 2,800 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$1,540,000
New Build2,800 sqft
Total Capital Required$5,213,000
Estimated Resale (ARV)$5,922,000
Cost of Sale (5%)-$296,100
Carry (33mo @ 7%)-$838,434
Net Proceeds$4,787,466

Projected Profit

-$425,534
-8.2% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Palo Alto 94306)

Sized to the modelled 2,800 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

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