
East Palo Alto, California 94303
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $979,000—positioned well below the $997,350 Fair Market Value by 2%. This valuation gap offers $18,350 in Instant Equity. With a Condition Rating of 3, the property is move-in ready, featuring original hardwood floors and an oversized 8,449 sqft lot with significant expansion potential. Its proximity to Meta and Google campuses ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a strategic, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1159 Garden Street Subject | $979,000* List Price | 3 | 1 | 1,060 | $941 | - |
A 104 Lotus Way Sold | $1,100,000 | 3 | 2 | 1,110 | $991 | 0.6 mi |
B 1827 Stevens Avenue Sold | $945,000 | 3 | 1 | 1,010 | $936 | 0.9 mi |
C 470 Bell Street Sold | $1,025,000 | 3 | 2 | 1,060 | $967 | 0.8 mi |
D 434 Hibiscus Court Sold | $1,100,000 | 3 | 2 | 1,310 | $840 | 0.4 mi |
E 2115 Clarke Avenue Sold | $1,130,000 | 3 | 2 | 1,280 | $883 | 0.4 mi |
F 2280 2280 Brentwood Ct Sold | $960,000 | 4 | 2 | 1,205 | $797 | 0.2 mi |
G 123 Gardenia Way Active | $950,000 List Price | 3 | 2 | 1,110 | $856 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1958, the property is in move-in ready condition with visible updates including recessed lighting, fresh paint, and well-maintained flooring. The listing describes it as immaculately maintained, suggesting it has undergone sufficient renovations within the last 5-15 years to bypass its chronological age category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8449, living area = 1060.
The oversized 8,449 sqft lot with the residence positioned at the front offers exceptional opportunities for future additions, expansion, or the construction of an ADU.
Ideally situated for a bicycle commute to Meta and Google campuses, with immediate access to Highway 101 and Downtown Palo Alto, ensuring high desirability for tech professionals.
A three-bedroom configuration served by only one bathroom may limit appeal for larger families and could necessitate a future layout reconfiguration.
As an occupied property where tenants should not be disturbed, potential buyers face limited access for viewings and challenges regarding immediate owner-occupancy.
This is An occupied property. Don't disturb tenant . Charming, clean 3-bedroom, 1-bath single-family home delivering steady market-rate rental income. Original hardwood floors run throughout the residence, paired with excellent floor plans that offer outstanding potential for future additions and expansion. Positioned on the front portion of the lot with an enormous private backyard brimming with opportunity. Steps away from Bay Shore Trail, situated within one of East Palo Altos most desirable pockets. Convenient bicycle commute to Meta (Facebook) and Google campuses. Quick access to Downtown Palo Alto, Highway 101, IKEA, Nordstrom Rack, and Home Depot. The sprawling private yard provides ample space for outdoor gatherings, gardening, and recreation for the whole family. Nestled within a safe, quiet, family-friendly neighborhood. Immaculately maintained, move-in ready condition. Washer & dryer hookups available inside the garage. Great investment opportunity with consistent rental cash flow!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 1,060 | 1,246.667 |
| Lot Size | 8,449 | 5,372.222 |
| Price | $979.0K | $1.21M |
| Price per sq ft | $924 | $798 |
| Built year | 1958 | 1953 |
| HOA | $0 | $304 |
| Days on market | 42 | 48 |
Jul 29, 2026
$979,000
Initial Listing
Sep 5, 2014
$490,000
Public Record
Sep 5, 2014
$125,000
Public Record