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ActiveCondo

$1,215,000

400 El Camino Real Unit 217, Belmont 94002

Beds2
Baths2
Sqft1,116
DOM11
No Photos Available

AddressIntel AI Briefing

A newer condo unit with no land-use flexibility offers zero structural development value. With no value-add angles, it fails to meet standard developer investment criteria.

Property Permit History

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

Recent Neighborhood Remodeling (Belmont)

7/6/2026128 NORTHAMPTON LN
ALTERATION - ALTERATION
--ACTIVE
7/1/2026337 MIDDLE RD
ALTERATION - WINDOWS
--ACTIVE
6/30/20262014 MEZES AVE
ALTERATION - RETAINING WALL
--ACTIVE
6/29/20261910 NOTRE DAME AVE
ALTERATION - WINDOWS
--ACTIVE
6/29/20261708 MILLS AVE
ALTERATION - INTERIOR REMODEL
--ACTIVE
6/26/20262633 SEQUOIA WAY
ALTERATION - ALTERATION
--IN REVIEW

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning Code--
SB 9 StatusBlocked

Hazard Snapshot

Flood Zone

None
No data available.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

No data
Seismic data unavailable.

Fault Zone

No data
Seismic data unavailable.

Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities.

Proprietary Intelligence

Market Heat Index

65/100

Based on recent sales velocity and local demand in 94002.

Flippability Score

20/100

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

Bidding War Prob.

46%

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.

Based on 6 recent sales in 94002 averaging $1,431/sqft.

Hard Costs$669,600
New Build1,674 sqft
Total Capital Required$2,059,600
Estimated Resale (ARV)$2,395,494

Projected Profit

$335,894
16.3% ROI

Warning: Margin is tight for the construction risk.

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