1885 E Bayshore Road 71, East Palo Alto, California 94303, East Palo Alto, 94303 - 2 bed, 1 bath
ACTIVE$550,000
1885 E Bayshore Road 71, East Palo Alto, California 94303
2Beds
1Bath
700Sqft
2,850Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Land Ownership Included: Unlike many mobile homes, this property includes ownership of both the house and the lot, providing greater equity and control for the buyer.
Top Cons:
Mobile Home Park Environment: Despite land ownership, the property is situated within a mobile home park, which may come with specific community rules, potential stigma, and an ongoing association fee of $350/month.
Compared to the nearby listings
Price:$550.0K vs avg $675.0K ($-125,000)43%
Size:700 sqft vs avg 906 sqft14%
Price/sqft:$786 vs avg $78650%
More Insights
Built in 2003 (22 years old).
Condition: Despite being built in 2003, the property has undergone an extensive and very recent refurbishment, as evidenced by the provided images. The kitchen features brand new stainless steel appliances, modern two-tone cabinetry, and sleek marble-look countertops and backsplash. The bathroom is equally updated with a contemporary vanity, illuminated mirror, and a striking marble-patterned shower surround. New laminate flooring and fresh paint throughout contribute to a virtually new interior, meeting current quality standards with no visible deferred maintenance.
Year Built
2003
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
$786
HOA
$350
Days on market
-
Sold On
-
MLS number
OC25097472
Home ConditionExcellent
Features
View-
About this home
Home is in a mobile home in a mobile home park subdivision. Price includes the house and lot. The home has been rented and is in the process of refurbished. Call for pictures of what the house is expected to look like after remodel.
Condition Rating
Excellent
Despite being built in 2003, the property has undergone an extensive and very recent refurbishment, as evidenced by the provided images. The kitchen features brand new stainless steel appliances, modern two-tone cabinetry, and sleek marble-look countertops and backsplash. The bathroom is equally updated with a contemporary vanity, illuminated mirror, and a striking marble-patterned shower surround. New laminate flooring and fresh paint throughout contribute to a virtually new interior, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Land Ownership Included: Unlike many mobile homes, this property includes ownership of both the house and the lot, providing greater equity and control for the buyer.
Ongoing Refurbishment: The home is currently being refurbished, suggesting a refreshed interior and potentially modern updates upon completion, offering a move-in ready experience.
Relatively Newer Construction: Built in 2003, the property is newer than many mobile homes, likely offering better structural integrity and more contemporary features compared to older units.
Strategic Location: Located in East Palo Alto, the property offers proximity to major Silicon Valley employment centers, potentially providing a more accessible entry point into the region's competitive housing market.
Manageable Footprint: With 700 sqft of living space and a 2850 sqft lot, the property offers a compact and potentially low-maintenance lifestyle, appealing to individuals or small households.
Cons
Mobile Home Park Environment: Despite land ownership, the property is situated within a mobile home park, which may come with specific community rules, potential stigma, and an ongoing association fee of $350/month.
Uncertainty of Final Product: The refurbishment is ongoing, and current pictures of the finished state are not available, requiring buyers to make an offer based on future expectations rather than the current, completed condition.
Limited Living Space: The 700 sqft living area is quite compact, which may not be suitable for buyers requiring more spacious accommodations or those with larger families.