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Activemulti_family

$4,000,000

2561-67 El Camino Real, Redwood City 94061

Beds3
Baths2
Sqft6,385
DOM137
No Photos Available

AddressIntel AI Briefing

This high-capacity property sits on a prime commercial corridor with significant redevelopment potential. Despite liquefaction considerations, the substantial structure and location justify a major rebuild or commercial conversion.

Property Permit History

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

Recent Neighborhood Remodeling (Redwood City)

2026-09-24 • 890 EDGEWOOD RD
FIRE BUILDING
--Issued
2026-09-24 • 816 SEAL POINTE DR
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-24 • 767 MEDITERRANEAN LN
ALTERATIONS_RESIDENTIAL
--Issued
2026-09-24 • 200 LATHROP ST
CONSTRUCTION PERMITS
--Approved
2026-09-24 • 681 UPLAND RD
FIRE BUILDING
--Issued
2026-09-24 • 401 GRAND ST
CONSTRUCTION PERMITS
--Approved

Parcel & Zoning Info

APN054261290
Official Lot Sqft12,620
Zoning CodeCMU-1
SB 9 StatusN/A

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.

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

Hoover Elementary

Redwood City Elementary

0.6 miles away
Middle School

North Star Academy

Redwood City Elementary

1.1 miles away
High School

Summit Preparatory Charter High

Sequoia Union High

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

74/100

Based on recent sales velocity and local demand in 94061.

Flippability Score

70/100

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

Bidding War Prob.

30%

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 multi-family sales in Redwood City (94061): $426/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 9,600 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$5,280,000
New Build9,600 sqft
Total Capital Required$9,455,000
Estimated Resale (ARV)$4,291,200
Cost of Sale (5%)-$214,560
Carry (33mo @ 7%)-$1,295,044
Net Proceeds$2,781,596

Projected Profit

-$6,673,404
-70.6% ROI

Warning: Project is mathematically underwater.

Recent Comparables (Redwood City 94061)

Sized to the modelled 9,600 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

Roosevelt

Sold
$2,300,000
Sold: 2026-09-11
Lot: 9,966
Sqft: 6976
$/Sqft: $330

Madison

Sold
$2,888,000
Sold: 2026-08-28
Lot: 10,379
Sqft: 8404
$/Sqft: $344

134 Bonita Ave

Sold
$2,060,000
Sold: 2026-06-10
Lot: 10,960
Sqft: 4838
$/Sqft: $426

1 Doris Ct

Sold
$2,759,000
Sold: 2026-05-08
Lot: 10,200
Sqft: 4885
$/Sqft: $565

112 Vera Ave

Sold
$6,000,000
Sold: 2025-08-06
Lot: 26,200
Sqft: 8430
$/Sqft: $712