
East Palo Alto, California 94303
This Strategic Residential Income Duplex is a Prime Investment Opportunity listed at $1,088,888—positioned well below the $1,133,202 Fair Market Value by 3%. This valuation gap offers $44,314 in Instant Equity. Boasting a Condition Rating of 3, the property features a move-in ready vacant unit with updated cabinetry, new flooring, and a private deck. Located on the Palo Alto border near Stanford and Meta, the corner lot provides huge private yards and individual garages. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Property is move-in ready.
The property is move-in ready with significant recent cosmetic updates. The interior features new laminate wood flooring, fresh paint, and updated kitchen cabinetry and countertops. While the building was originally constructed in 1957, the vacant unit shown in the images has been well-maintained and modernized to meet current market expectations for a rental or owner-user.
Situated west of Highway 101 on the Palo Alto border, the property offers exceptional proximity to Stanford University, Meta Headquarters, and downtown Palo Alto's dining and shopping.
The duplex features one unit delivered vacant and move-in ready, allowing an owner-user or investor to immediately capitalize on high market rents without delay.
Unlike many multi-family properties, this corner-lot duplex provides huge private yards and individual single-car garages with laundry hookups for each unit, increasing long-term tenant retention.
Built in 1957, the property may require significant capital expenditures for system upgrades or modernization to maintain its competitive edge in the local market.
Each two-bedroom unit is served by only a single bathroom, which may be a drawback for modern families or professional roommates seeking more privacy and convenience.
West of 101, on the boarder of Palo Alto, two large two bedroom one bath units with huge private yards, One unit Vacant and move in ready! direct access private single car garages with washer / dryer hookups. Corner lot, less then 2 miles from Stanford Campus / Hospital, Meta World Headquarter, easy access to HWY 101, as well as all the shops and restaurants of downtown Palo Alto.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 2,070 | 1,955 | 50% |
| Lot Size | 7,509 | 6,254.5 | 50% |
| Price | $1.09M | $1.04M | 50% |
| Price per sq ft | $526 | $534 | 50% |
| Built year | 1957 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 49 | 50% |
Mar 27, 2026
$1,088,888
Initial Listing
Feb 23, 2016
$572,000
Public Record
Dec 2, 2011
$42,993,000
Public Record
Oct 31, 2007
$900,000
Public Record