
East Palo Alto, California 94303
This Move-in Ready Single Family Residence is a Prime Investment Opportunity, listed at $1,038,888—positioned well below the $1,077,729 Fair Market Value by 3%. This valuation gap offers $38,841 in Instant Equity for the buyer. Featuring a modernized interior and an attached ADU, the property provides significant income potential. With an Excellent Condition Rating, this home is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a strategic Silicon Valley location near Meta and Stanford with built-in mortgage offset capabilities.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1664 Tulane Subject | $1,038,888* List Price | 4 | 2 | 1,450 | $743 | - |
A 2370 Ralmar Avenue Sold | $1,310,000 | 4 | 3 | 1,963 | $667 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1953, the property has undergone a recent comprehensive renovation (likely within the last 5 years) as evidenced by the modern white shaker cabinets, new stainless steel appliances, updated flooring, and recessed lighting. The listing describes it as move-in ready with all permits for improvements available, qualifying it for the top tier based on renovation age and condition.
The property includes an attached ADU with a private entrance, providing a versatile space for rental income to offset mortgage payments or for use as a private guest suite.
Conveniently located near Meta headquarters, Stanford University, and major transit routes like Highway 101 and the Dumbarton Bridge, offering an ideal commute for tech professionals.
The seller's commitment to contribute toward the buyer's closing costs provides a significant financial advantage, reducing the upfront cash required to close escrow.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1450, other record living area = 1070. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
The assigned elementary school carries a low rating of 3, which may be a drawback for families prioritizing high-performing public education for younger children.
At 1,450 square feet for a 4-bedroom configuration including an ADU, the individual room sizes and living areas may feel constrained compared to newer or larger builds.
Light-filled and move-in ready, this beautifully updated 4-bedroom, 2-bath home offers comfort, flexibility, and excellent income potential. The attached ADU features a private entrance and can be used as an in-law suite, guest quarters, home office, or rental unit. Live in one unit and help offset your mortgage with rental income from the ADU. New gas range and refrigerator. All permits for completed improvements are available in the property file. The spacious, private fenced backyard offers plenty of room to add a pool, gazebo, outdoor kitchen, or BBQ area—perfect for entertaining family and friends. Conveniently located near University Avenue, Meta, parks, and walking trails, with easy access to Highway 101, the Dumbarton Bridge, Silicon Valley, and Stanford University. As an added benefit, the seller will contribute toward the buyer's closing costs at the close of escrow. Herry this property will sell fast send your offer today!
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 56% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,450 | 1,526 | 44% |
| Lot Size | 5,000 | 6,896.5 | 13% |
| Price | $1.04M | $3.23M | 11% |
| Price per sq ft | $716 | $1.9K | 11% |
| Built year | 1953 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 114 | 4% |
Jun 1, 2026
$1,038,888
Initial Listing
Apr 9, 2024
$920,000
Public Record
Mar 20, 2018
$955,500
Public Record