
East Palo Alto, California 94303
This Single Family Residence represents a Strong Value Opportunity, listed at $950,000—positioned well below the $966,474 Fair Market Value by 1.7%. This valuation gap offers $16,474 in Instant Equity. Featuring a Condition Rating of 4, the home offers functional living with significant potential for cosmetic upgrades. Its strategic proximity to the Meta campus and major transit routes makes it a prime asset for Buy-and-Hold Investors or first-time buyers seeking to build long-term wealth in a high-demand tech corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 123 Gardenia Way Subject | $950,000* List Price | 3 | 2 | 1,110 | $871 | - |
A 263 Wisteria Drive Sold | $810,000 | 3 | 1 | 1,110 | $730 | 0.1 mi |
B 1159 Oconnor Street Sold | $900,000 | 3 | 1 | 1,010 | $891 | 0.3 mi |
C 434 Hibiscus Court Sold | $1,100,000 | 3 | 2 | 1,310 | $840 | 0.3 mi |
D 1225 Cypress Street Pending | $790,000 List Price | 3 | 1 | 970 | $814 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, the property is functional but dated. The kitchen features older tile countertops and cabinetry likely over 20-30 years old, and the interior shows popcorn ceilings and aged finishes. While dual-pane windows and a comp roof provide some modern utility, the overall condition requires cosmetic updates and minor repairs to meet current standards.
The property is ideally located near the Meta campus, Highway 101, and the Dumbarton Bridge, offering an exceptional commute and high desirability for Silicon Valley professionals.
Beyond the primary living space, the home features a bonus sunroom and a large 6,366 sqft lot with two storage sheds, providing significant extra utility for gardening, hobbies, or storage.
The home showcases pride of ownership with a beautiful tile-designed front porch, dual-pane windows, crown molding, and attractive wood flooring, creating a move-in-ready aesthetic.
At 1,110 square feet for a 3-bedroom home with only 1.5 bathrooms, the interior layout may feel restrictive for growing families or those desiring a full second bathroom.
While the high school is well-regarded, the assigned elementary school has a low rating, which may be a concern for families prioritizing immediate access to top-tier primary education.
Welcome to 123 Gardenia Way in East Palo Alto, a spacious and bright 3-bedroom, 1-bath, 1/2 bath home offering comfort, convenience, and charming curb appeal. Beautiful tile-designed front porch, attractive planter, low-maintenance landscaping, and a covered sitting porch create a warm and inviting first impression. Features a comp roof, dual-pane windows, crown molding, laminate flooring, beautiful wood flooring in the bedrooms, and a striking brick-pattern accent wall in the living room. Large living room windows fill the space with natural light, while the adjoining dining area offers decorative paneling that adds warmth and character. Kitchen is equipped with tile countertops, wood cabinets, wine rack, gas oven and range, stainless steel dishwasher. Additional amenities include washer and dryer hookups in the attached two-car garage, large driveway providing ample off-street parking, bonus sunroom overlooking the backyard (not included in the home's square footage). Backyard features planter boxes and two storage sheds, providing excellent space for gardening, hobbies, and extra storage. Located near Highway 101, Dumbarton Bridge, Meta campus, Target, Home Depot, IKEA, shopping, dining, parks, it offers an exceptional opportunity to enjoy all that the Peninsula has to offer.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,110 | 1,246.667 |
| Lot Size | 6,366 | 5,372.222 |
| Price | $950.0K | $1.21M |
| Price per sq ft | $856 | $798 |
| Built year | 1951 | 1953 |
| HOA | $0 | $304 |
| Days on market | 58 | 48 |
Jul 13, 2026
$950,000
Initial Listing
May 22, 1997
$195,000
Public Record