
East Palo Alto, California 94303
This property represents a Prime Investment Opportunity, listed at a List Price of $525,000—positioned well below the $536,156 Fair Market Value by 2%. This valuation gap offers $11,156 in Instant Equity. Featuring a Condition Rating of 3, the home includes modern updates like luxury vinyl plank flooring. With fee-simple land ownership and a 2003 build date, this asset provides rare stability in the East Palo Alto market. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking entry-level Silicon Valley real estate.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1885 E Bayshore Road 7 Subject 2 bd · 1 ba · 700 sqft · $766 | $525,000* List Price | 2 | 1 | 700 | $766 | - |
A 1982 W Bayshore Road 223 Sold 1 bd · 1 ba · 776 sqft · $747 · 0.3 mi | $580,000 | 1 | 1 | 776 | $747 | 0.3 mi |
B 1982 W Bayshore Road 310 Sold 1 bd · 1 ba · 821 sqft · $682 · 0.3 mi | $560,000 | 1 | 1 | 821 | $682 | 0.3 mi |
C 1885 E Bayshore Road 71 Pending 2 bd · 1 ba · 700 sqft · $743 · 0.0 mi | $520,000 List Price | 2 | 1 | 700 | $743 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003 (23 years old), the property appears well-maintained and move-in ready. Interior images show recent updates including new luxury vinyl plank flooring and fresh paint. While the wall furnace and exterior structure are original, the overall condition exceeds the 'Fair' threshold due to the quality of the interior maintenance and renovations.
Unlike typical mobile home arrangements, this price includes both the home and the lot, offering the buyer fee-simple ownership and greater long-term investment security.
Priced at $525,000, this property represents a rare, entry-level opportunity to own real estate in the high-demand East Palo Alto market near major tech hubs.
Built in 2003, the residence is significantly newer than much of the surrounding manufactured housing stock, likely featuring more modern building standards and systems.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2850, other record lot size in square feet = 314. Living area discrepancy between mls listing and other public or private record. mls listing living area = 700, other record living area = 924.
At only 700 square feet for a two-bedroom layout, the interior living space is quite constrained, which may limit appeal for families or those requiring a home office.
The listing price reflects a high cost per square foot for a manufactured home, which could present challenges with traditional financing appraisals and perceived value.
Home is in a mobile home in a mobile home park subdivision. Price includes the house and lot. See pictures.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.3 |
| Baths | 1.0 | 1.3 |
| Square foot | 700 | 931.333 |
| Lot Size | 2,850 | 154,638 |
| Price | $525.0K | $640.0K |
| Price per sq ft | $750 | $694 |
| Built year | 2003 | 2002 |
| HOA | $350.0 | $517 |
| Days on market | 10 | 171 |
Oct 14, 2026
$525,000
Initial Listing
Mar 6, 1992
$60,000
Public Record