104 Lotus Way, East Palo Alto, California 94303, East Palo Alto, 94303 - 3 bed, 2 bath
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East Palo Alto, California 94303
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,115,000—positioned well below the $1,187,125 Fair Market Value by 6%. This valuation gap provides $72,125 in Instant Equity. Featuring a Condition Rating of 2, the home offers modern finishes and a spacious 7,556 sqft lot with ADU potential. While local school ratings vary, the proximity to major tech hubs makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 104 Lotus Way Subject | $1,115,000* List Price | 3 | 2 | 1,110 | $1,069 | - |
A 1371 Camellia Drive Sold | $1,240,000 | 3 | 2 | 1,020 | $1,216 | 0.0 mi |
B 2115 Clarke Avenue Sold | $1,130,000 | 3 | 2 | 1,280 | $883 | 0.6 mi |
C 2280 2280 Brentwood Ct Sold | $960,000 | 4 | 2 | 1,205 | $797 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1951, the property has undergone a comprehensive recent renovation (likely within the last 5 years) as evidenced by the modern kitchen with shaker cabinets and stone counters, fully updated bathrooms with contemporary fixtures and LED mirrors, and new laminate flooring throughout. The home is in mint, move-in-ready condition with no apparent maintenance needs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7556, living area = 1110.
Ideally situated minutes from major employers like Meta, Google, and Amazon, offering an exceptional commute-friendly location with easy access to Highway 101 and downtown Palo Alto.
The home features a beautifully updated interior with new laminate flooring, a modern kitchen, and refreshed bathrooms, providing a move-in-ready experience with contemporary finishes.
At 1,110 square feet, the interior living space is relatively small for a three-bedroom home, which may feel restrictive for growing families or those needing a home office.
The assigned elementary school carries a low rating of 2/10, which could be a deterrent for education-focused buyers and impact long-term appreciation compared to neighboring districts.
Beautifully renovated single story home in the heart of East Palo Alto, offering comfort, convenience, commute friendly living, and future potential. This property features new laminate flooring, an updated kitchen, refreshed bathrooms, modern finishes, and abundant natural light throughout. The functional layout creates inviting spaces for everyday living and entertaining. The spacious backyard offers endless possibilities. Create an outdoor retreat, expand the living space, or explore the potential for an ADU for extended family or rental income (buyer to verify). Ideally located just minutes from Meta, Google, Amazon, and other high tech companies, with easy access to Palo Alto, Menlo Park, Highway 101, shopping, dining, parks, and trails. Nearby attractions include Baylands Nature Preserve, Ravenswood Open Space Preserve, Stanford University, and downtown Palo Alto. A wonderful blend of value, location, and livability, an exceptional opportunity for first time buyers, investors, or anyone seeking a centrally located Bay Area home.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,110 | 1,526 | 17% |
| Lot Size | 7,556 | 7,026.5 | 61% |
| Price | $1.11M | $3.23M | 15% |
| Price per sq ft | $1.0K | $1.9K | 24% |
| Built year | 1951 | 1954 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 114 | 15% |
Apr 21, 2026
$1,115,000
Initial Listing
Aug 6, 2024
$990,000
Public Record
May 12, 2015
$570,000
Public Record