116 Abelia Way, East Palo Alto, California 94303, East Palo Alto, 94303 - 3 bed, 1 bath
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116 Abelia Way
East Palo Alto, California 94303
ACTIVE
CONDITION: POOR
3Beds
1Baths
1,560Sq Ft
8,145Lot Size
Property Price
LIST PRICE$1,300,000
EST. MARKET VALUE
$1,223,117
6% AboveMARKET VALUE
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,300,000—positioned above the $1,223,118 Fair Market Value. While the property requires significant modernization due to its Condition Rating of 5, the expansive 8,145 sqft lot provides exceptional utility for expansion or an ADU. The home features durable hardwood and tile flooring, serving as a solid foundation for renovation. This asset is ideal for Fix-and-Flip Investors or Contractors seeking to capitalize on the significant value-add potential of this oversized lot.
Estimated Market Value
$1,223,117
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 |
|---|---|---|---|---|---|---|
★ 116 Abelia Way Subject | $1,300,000* List Price | 3 | 1 | 1,560 | $784 | - |
A 123 Gardenia Way Active | $950,000 List Price | 3 | 2 | 1,110 | $856 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1950 (74 years old) with largely original features and outdated systems, including a dated wall heater and older interior doors. The listing emphasizes 'endless potential' and lot size rather than interior condition, suggesting the home requires a significant rehab to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8145, living area = 1560.
- Expansive Lot Size
The property features a rare, oversized lot of over 8,000 square feet, providing significant 'endless potential' for expansion, an ADU, or extensive outdoor landscaping.
- Strategic Location
Conveniently situated near major freeways and essential amenities like grocery and clothing stores, offering excellent accessibility for commuters and daily errands.
CONSRISKS & DEFICIENCIES
- Limited Bathroom Count
With three bedrooms but only one bathroom, the home's configuration may be a drawback for modern families and could impact overall market competitiveness.
- Dated Infrastructure
Built in 1950, the property likely requires significant modernization and updates to its core systems to meet contemporary living standards and maximize its value.
About 116 Abelia Way
An amazing opportunity has arrived with hardwood and tile floors throughout. Conveniently located near freeway and amenities such as grocery and clothing stores. Not to mention an over size deep lot with over 8 thousand square feet. Endless potential.!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 8,145 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
East Palo Alto Unified Schools
Brentwood Academy
Grades K-5 • 0.7 mi
2/10
Ronald Mcnair Academy
Grades 6-8 • 0.5 mi
0/10
Menlo-Atherton High School
Grades 9-12 • 2.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 1.0 | 1.8 |
| Square foot | 1,560 | 1,246.667 |
| Lot Size | 8,145 | 5,372.222 |
| Price | $1.30M | $1.21M |
| Price per sq ft | $833 | $798 |
| Built year | 1950 | 1953 |
| HOA | $0 | $304 |
| Days on market | 27 | 48 |
Pricing History
Listed for Sale
Aug 13, 2026
$1,300,000
Initial Listing