1290 Cypress Street, East Palo Alto, California 94303, East Palo Alto, 94303 - 7 bed, 4 bath
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1290 Cypress Street
East Palo Alto, California 94303
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
7Beds
4Baths
2,564Sq Ft
7,386Lot Size
Property Price
LIST PRICE$1,499,000
EST. MARKET VALUE
$1,519,145
SUMMARY
This Dual-Unit Residential Asset is a High-Potential Investment Opportunity, listed at $1,499,000—positioned well below the $1,519,145 Fair Market Value by 1.3%. This valuation gap offers $20,145 in Instant Equity. Featuring an Excellent Condition Rating with a freshly updated front home and a modern detached ADU, the property provides immediate rental income or multi-generational flexibility. Its strategic location near Meta’s campus and the Bay wetlands makes it an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in-ready property.
Estimated Market Value
$1,519,145
Based on Realkey algorithm analyzing recent comparable sales in East Palo Alto.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property features two dwellings that meet the 'Excellent' criteria: the front home has been freshly updated with a brand-new kitchen, appliances, and flooring (<5y reno), and the detached ADU was built just a few years ago (<10y old). The combination of a full modern renovation and recent new construction indicates mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Dual-Unit Versatility
The property features two separate dwellings on one lot, including a modern detached ADU, offering exceptional potential for rental income, a home office, or multi-generational living.
- Strategic Tech Hub Location
Situated minutes from Meta’s campus, Stanford Research Park, and Highway 101, this home provides an ideal location for Silicon Valley professionals and commuters.
- Recent Renovations
The front home has been freshly updated with a brand-new kitchen, appliances, flooring, and paint, ensuring a move-in-ready experience and reduced immediate maintenance costs.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2564, other record living area = 1740. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 7, other record bedroom count = 5.
- Property Age
While the interior is updated, the main structure dates back to 1957, which may eventually require attention to older underlying infrastructure such as plumbing or electrical systems.
- High Occupancy Density
With seven bedrooms across two units on a 7,386 sqft lot, the outdoor space and privacy may feel constrained when both dwellings are fully occupied.
About 1290 Cypress Street
Two homes on one large lot at the quiet end of a cul-de-sac near the Bay wetlands, with views toward the Bay. The front home has been freshly updated with new flooring, new paint, and an all-new kitchen with new appliances. Walk in to the main living area, with the kitchen just off to the left and the bedrooms and bathrooms set toward the back of the house. Behind it, a detached two-bedroom, two-bath ADU built just a few years ago sits above a two-car garage, with an additional room below for storage or a home office. Live in one and rent the other, share the property across generations with separate living quarters, or work from home next door. The fenced lot and large driveway leave plenty of room for parking, guests, and outdoor space, with covered parking in the garage. With no through traffic at the end of the cul-de-sac, the setting stays calm and quiet. Meta's campus and Highway 101 are only minutes away by car, with the Dumbarton Bridge, Stanford Research Park, and Caltrain at the Palo Alto station within a short drive. Palo Alto, Menlo Park, and Stanford are close, and the wetlands and Bay shoreline sit nearby for open space at the edge of the city.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1957
- Lot Size
- 7,386 Sq. Ft.
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 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 | 7.0 | 3.0 |
| Baths | 4.0 | 1.8 |
| Square foot | 2,564 | 1,225.5 |
| Lot Size | 7,386 | 5,432.5 |
| Price | $1.50M | $1.16M |
| Price per sq ft | $585 | $835 |
| Built year | 1957 | 1954 |
| HOA | $0 | $304 |
| Days on market | 10 | 55 |
Pricing History
Listed for Sale
Oct 14, 2026
$1,499,000
Initial Listing
Sold
Aug 23, 2019
$2,035,000
Public Record