$3,750,000
235 Alma St, Palo Alto 94301
AddressIntel AI Briefing
Given the historic 1904 construction and recent high-end updates, a teardown-and-mansionize strategy is risky and likely cost-prohibitive. Preservation and further modernization of the existing large footprint represents the optimal approach, avoiding complex development hurdles while capitalizing on the premium Palo Alto location.
Property Permit History
Recent Neighborhood Remodeling (Palo Alto)
Parcel & Zoning Info
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
Fault Zone
Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.
Nearby Public Schools
Addison Elementary
Palo Alto Unified
Hillview Middle
Menlo Park City Elementary
Palo Alto High
Palo Alto Unified
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 94301.
Flippability Score
40/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
42%
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 3 recent multi-family sales in Palo Alto (94301): $907/sqft. Sized within 25% of the 5,900 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.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (Palo Alto 94301)
Sized to the modelled 5,900 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.