1120 Alberni Street, East Palo Alto, California 94303, East Palo Alto, 94303 - 5 bed, 3 bath
1120 Alberni Street
East Palo Alto, California 94303
Property Price
SUMMARY
Analysis of 1120 Alberni Street, East Palo Alto, California 94303 reveals a Prime Investment Opportunity with a current list price of $1,499,000—significantly undercutting the $1,658,359 Fair Market Value by 9%. This valuation gap indicates a +$159,359 Instant Equity potential for buyers. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the East Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 Alberni Street Subject | $1,499,000* List Price | 5 | 3 | 2,485 | $667 | - |
A 2370 Ralmar Avenue Sold | $1,310,000 | 4 | 3 | 1,963 | $667 | 0.1 mi |
B 2212 Dumbarton Avenue Active | $1,429,000 List Price | 4 | 3 | 1,962 | $728 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although originally built in 1940, the property has undergone a complete modern remodel within the last few years. It features a contemporary open-concept floor plan, a gourmet kitchen with quartz countertops and stainless steel appliances, and three fully renovated bathrooms, meeting the criteria for extensive recent renovation and high-quality finishes.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Modern Remodel
This ranch-style home has been completely updated with a contemporary open-concept layout, a gourmet kitchen featuring quartz countertops, and high-end finishes throughout, offering a move-in-ready experience.
- Dual Primary Suites
A rare configuration featuring five bedrooms and three remodeled baths, including two south-facing primary suites that provide exceptional natural light and flexibility for multi-generational living or guests.
- Strategic Silicon Valley Location
Ideally situated in a quiet neighborhood near major technology campuses and transportation routes, providing convenient access to the premium shopping and dining of downtown Palo Alto.
CONSRISKS & DEFICIENCIES
- Limited Lot-to-Building Ratio
With a substantial 2,480 square foot interior on a 6,000 square foot lot, the outdoor space may feel constrained for buyers seeking a larger private yard for a five-bedroom residence.
- School District Profile
The property is located within the 'Other' high school district rather than the highly-coveted Palo Alto Unified, which may impact long-term appreciation and appeal for education-focused buyers.
About 1120 Alberni Street
Nestled in the heart of a quiet East Palo Alto neighborhood is this completely remodeled ranch-style home offering a captivating blend of luxury and convenience! Step inside to discover 2480 sq/ft feet of airy, light-filled living space thoughtfully arranged to cater to a contemporary lifestyle. Upon entrance one is greeted with a modern open concept floor plan perfect for everyday living. The gourmet kitchen features quartz countertops, stylish custom cabinets, and stainless-steel appliances. The kitchen opens seamlessly to a breakfast nook and large dining room great for entertaining friends or family. A rare find with five full bedrooms, three full completely remodeled baths including two primary suites. The two master suites are south facing providing ample natural light. Sliding glass doors open to a tastefully landscaped backyard with fruit trees and plenty of space to relax. Centrally located to all the Silicon Valley has to offer. Close to major transportation routes, technology campuses, and great shopping dining in downtown Palo Alto and the Mid-Peninsula.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1940
- Lot Size
- 6,000 Sq. Ft.
Interior
- Total Bedrooms
- 5
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 83% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,485 | 1,540 | 83% |
| Lot Size | 6,000 | 6,211 | 45% |
| Price | $1.50M | $1.78M | 49% |
| Price per sq ft | $603 | $1.2K | 6% |
| Built year | 1940 | 1952 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 50 | 155 | 13% |
Pricing History
Listed for Sale
Jan 16, 2026
$1,499,000
Initial Listing
Sold
Jun 25, 2021
$1,070,000
Public Record
Sold
Jan 17, 2019
$1,245,000
Public Record