1120 Alberni Street, East Palo Alto, California 94303, East Palo Alto, 94303 - 5 bed, 3 bath
Loading property details...
1120 Alberni Street
East Palo Alto, California 94303
ACTIVE
CONDITION: EXCELLENT
5Beds
3Baths
2,485Sq Ft
6,000Lot Size
Property Price
LIST PRICE$1,400,000
EST. MARKET VALUE
$1,470,692
4% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence represents a High-Potential Investment Opportunity, listed at $1,400,000—positioned well below the $1,470,693 Fair Market Value by 4%. This valuation gap provides $70,693 in Instant Equity. With an Excellent Condition Rating following extensive 2018 and 2025 renovations, the home features a modern quartz kitchen and automatic gated entry. Its proximity to Meta and Stanford ensures strong rental demand, making this an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready asset in a high-demand tech corridor.
Estimated Market Value
$1,470,692+$70,692 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in East Palo Alto.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1120 Alberni Street Subject | $1,400,000* List Price | 5 | 3 | 2,485 | $592 | - |
A 2247 Menalto Avenue Sold | $1,075,000 | 4 | 2 | 1,850 | $581 | 0.3 mi |
B 2370 Ralmar Avenue Sold | $1,310,000 | 4 | 3 | 1,963 | $667 | 0.1 mi |
C 828 Weeks Street Sold | $1,125,000 | 3 | 2 | 1,988 | $566 | 0.7 mi |
D 2495 Gloria Way Pending | $1,099,000 List Price | 3 | 3 | 1,580 | $696 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent an extensive permitted remodel in 2018 with further updates in 2025, meeting the <5-year renovation criteria for excellent condition. Key systems are new or recently updated, including the roof, HVAC with new ductwork, and a tankless water heater. The kitchen and bathrooms feature modern quartz countertops, shaker cabinetry, and contemporary tiling, presenting a mint, move-in-ready interior.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Renovations
Extensively remodeled in 2018 and 2025, the home features a new roof, updated HVAC with new ductwork, dual-pane windows, and high-end interior finishes, ensuring a move-in-ready experience with minimal immediate maintenance.
- Strategic Tech Location
Situated just minutes from Meta headquarters, Stanford University, and downtown Palo Alto, this property offers an unbeatable commute for tech professionals and high demand in a competitive rental market.
- Spacious Layout and Privacy
With 5 bedrooms and over 2,400 square feet of living space, the home includes an automatic gated entry and a fully enclosed yard, providing rare privacy and ample room for large families or multi-generational living.
CONSRISKS & DEFICIENCIES
- Historical Foundation
Originally built in 1940, the property may still possess some structural characteristics or lot constraints typical of older homes despite the extensive modern surface and system upgrades.
- School District Limitations
The property is located within the East Palo Alto area rather than the highly-coveted Palo Alto Unified School District, which may impact long-term appreciation rates and buyer pool compared to neighboring zip codes.
About 1120 Alberni Street
Extensively remodeled with permits in 2018 and further updated in 2025, this move-in-ready home features a new roof, remodeled interiors, updated HVAC with new ductwork, dual-pane windows, tankless water heater, new flooring, exterior improvements, and an automatic gated entry that provides added privacy and security while creating a fully enclosed, usable front yard. The light-filled open layout features an updated kitchen with quartz countertops, full-height backsplash, Shaker cabinetry, and stainless steel appliances, flowing into the breakfast nook/flex space and spacious dining area. Sliding glass doors open to a generous side patio, perfect for outdoor dining, entertaining, and seamless indoor-outdoor living. The private, low-maintenance backyard features mature fruit trees and additional space for relaxing, gardening, or entertaining. Ideally located just ~5 minutes to Meta, ~10 minutes to downtown Palo Alto, and ~1015 minutes to Stanford University and major tech campuses, with easy access to parks, schools, shopping, and major commuter routes. Fully updated and move-in ready, this property presents an exceptional opportunity in a high-demand rental market, offering both immediate livability and strong long-term investment potential.
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 |
|---|---|---|
| Beds | 5.0 | 3.0 |
| Baths | 3.0 | 1.8 |
| Square foot | 2,485 | 1,246.667 |
| Lot Size | 6,000 | 5,372.222 |
| Price | $1.40M | $1.21M |
| Price per sq ft | $563 | $798 |
| Built year | 1940 | 1953 |
| HOA | $0 | $304 |
| Days on market | 35 | 48 |
Pricing History
Listed for Sale
Aug 5, 2026
$1,400,000
Initial Listing
Sold
Jun 25, 2021
$1,070,000
Public Record
Sold
Jan 17, 2019
$1,245,000
Public Record