
East Palo Alto, California 94303
This Turnkey Residential Condominium represents a Strong Value Opportunity, listed at a List Price of $525,000—positioned well below the $531,319 Fair Market Value by 1%. This valuation gap offers $6,319 in Instant Equity. Featuring a completely refurbished interior with modern kitchen finishes and luxury vinyl plank flooring, the property holds a Condition Rating of 2. This rare, low-barrier entry into the Silicon Valley market is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1885 E Bayshore Road 71 Subject | $525,000* List Price | 2 | 1 | 700 | $759 | - |
A 1982 W Bayshore Road 310 Active | $595,000 List Price | 1 | 1 | 821 | $725 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 2003, the property has been completely refurbished with a modern kitchen featuring new stainless steel appliances, contemporary cabinetry, and stone-look countertops. The interior shows brand new luxury vinyl plank flooring and fresh paint throughout, indicating a high-quality renovation within the last 5 years.
The property has been completely refurbished, providing a modern and move-in-ready interior that eliminates the need for immediate renovation or repair costs.
The listing price includes both the home and the lot, offering a significant advantage over traditional mobile home parks where residents typically pay monthly space rent without owning the land.
Priced at $525,000, this property represents a rare, low-barrier entry point into the competitive Silicon Valley real estate market.
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.
At only 700 square feet for a two-bedroom configuration, the living space is quite compact and may feel restrictive for families or those requiring a home office.
Being classified as a mobile home within a park subdivision can lead to more complex financing options and may experience different appreciation rates compared to traditional single-family homes.
Home is in a mobile home in a mobile home park subdivision. Price includes the house and lot. The home has been of completely refurbished. See pictures.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 43% |
| Square foot | 700 | 1,030 | 14% |
| Lot Size | 2,850 | - | 86% |
| Price | $525.0K | $987.5K | 14% |
| Price per sq ft | $750 | $959 | 29% |
| Built year | 2003 | 2003 | 50% |
| HOA | $350.0 | $469 | 14% |
| Days on market | 6 | 92 | 14% |
May 31, 2026
$525,000
Initial Listing