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128 Grace Avenue, East Palo Alto, California 94303, East Palo Alto, 94303 - 3 bed, 2 bath

128 Grace Avenue, East Palo Alto, California 94303 home-pic-0
ACTIVE$1,088,000
128 Grace Avenue, East Palo Alto, California 94303
3Beds
2Baths
1,020Sqft
5,208Lot
Year Built
1954
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$1,067
HOA
-
Days on market
-
Sold On
-
MLS number
ML82029651
Home ConditionExcellent
Features
View-

About this home

Possibly Over-Priced:The estimated price is 4% below the list price. We found 3 Cons,5 Pros. Rank: price - $1.09M(22th), sqft - 1020(18th), beds - 3(50th), baths - 2(50th).

Beautifully remodeled single-family home in the heart of East Palo Alto! This move-in-ready residence features a new kitchen with modern finishes, fresh flooring, interior and exterior paint, and an updated bathroom. The spacious, flat yard offers endless possibilities perfect for family gatherings, gardening, or potential ADU/expansion (buyer to verify). Conveniently located near parks, schools, Stanford, Meta, Amazon, and downtown Palo Alto with easy access to Hwy 101. A great opportunity for families or investors looking for comfort, convenience, and long-term value in a fast-growing neighborhood!

Price History

Date
Event
Price
12/19/25
Price Change
$1,088,000
12/18/25
Listing
$1,090,000
06/30/09
Sold
$260,000
Condition Rating
Excellent
Despite being built in 1954, the property has undergone a beautiful and extensive recent remodel. The listing explicitly states 'new kitchen with modern finishes, fresh flooring, interior and exterior paint, and an updated bathroom.' The images confirm this, showcasing a modern kitchen with white shaker cabinets, stainless steel appliances, and light countertops, along with new-looking laminate flooring throughout, fresh white paint, and updated bathroom fixtures. All visible components appear new or virtually new, making it move-in ready and meeting current quality standards.
Pros & Cons

Pros

Extensive Remodel: The property has undergone a beautiful remodel, featuring a new kitchen with modern finishes, fresh flooring, interior and exterior paint, and an updated bathroom, making it highly appealing and move-in ready.
Prime Location & Accessibility: Strategically located near major tech hubs (Stanford, Meta, Amazon), downtown Palo Alto, parks, and schools, with easy access to Hwy 101, offering exceptional convenience for commuters and families.
Investment & Growth Potential: Positioned in a fast-growing neighborhood, this property presents a strong opportunity for long-term value appreciation for both families and investors, especially with potential for ADU/expansion.
Spacious & Versatile Yard: The property boasts a spacious, flat yard, providing ample space for family gatherings, gardening, and potential future expansion or an Accessory Dwelling Unit (ADU).
Move-in Ready Condition: Recent comprehensive updates mean the home is in excellent, move-in-ready condition, minimizing immediate expenses and effort for the new owner.

Cons

Age of Original Construction: Built in 1954, the property's underlying structure is older, which, despite recent remodels, may imply potential for unseen issues or older infrastructure not addressed in the cosmetic updates.
ADU/Expansion Verification Required: While there's potential for ADU or expansion, the description explicitly states 'buyer to verify,' indicating that this is not guaranteed and requires additional due diligence and investment from the buyer.
Modest Square Footage: With 1020 sqft, the living space might be considered modest for some buyers, particularly larger families, potentially limiting its appeal in a market where larger homes are often sought after.

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