
East Palo Alto, California 94303
This Distressed Value-Add Asset is listed at $800,000, situated in a premier Silicon Valley submarket relative to its $599,451 Fair Market Value. The property carries a Severely Distressed Condition Rating, requiring a full renovation or tear-down of the 1,320 sq ft structure. The 5,000 sq ft lot offers flexibility for expansion or redevelopment near Laurel Elementary School and Menlo-Atherton High School. Sold strictly as-is and potentially requiring court approval, this project provides substantial upside for experienced Fix-and-Flip Investors or Contractors seeking a high-demand Silicon Valley acquisition.
Property is land value only, full reconstruction required.
Built in 1942, this property is explicitly described as 'severely distressed' and requiring 'substantial repairs throughout.' The images confirm this, showing extensive damage, peeling paint, dirty and worn flooring (stained carpets, damaged laminate), an extremely outdated and non-functional kitchen with old appliances and damaged cabinets, and visible signs of neglect throughout. The heating system appears old and dirty, and the electrical panel looks outdated. The overall condition suggests the structure is beyond economical repair, and its value is primarily in the land for redevelopment, aligning with the 'tear-down' criteria.
Situated in a high-demand Silicon Valley submarket, offering strong appreciation potential and desirability for future occupants or resale.
Ideal for experienced investors, contractors, or developers seeking substantial upside through extensive renovation, expansion, or complete redevelopment.
The 5,000 sq ft lot provides usable outdoor space and flexibility for future improvements, landscaping, or potential expansion of the existing structure.
The property is in severely distressed condition, requiring substantial repairs throughout, indicating significant immediate investment and renovation costs.
The property is sold strictly 'as-is' with no warranties or representations, placing all responsibility for investigations, repairs, and potential issues on the buyer.
The requirement for court approval may introduce delays and uncertainty into the transaction process, extending the closing timeline.
Opportunity Property .. Located at 2138 Dumbarton, East Palo Alto, this 1,320 sq ft single-family residence sits on a 5,000 sq ft lott. The home is being offered as a severely distressed property and requires substantial repairs throughout, making it ideal for experienced investors, contractors, or developers seeking a value-add or redevelopment opportunity. The existing structure offers a functional footprint with potential for reconfiguration, expansion, or complete renovation, subject to buyer verification and local zoning requirements. The lot size provides usable outdoor space and flexibility for future improvements. The Property is being sold strictly AS-IS, with no warranties or representations as to condition. Court approval may be required. Buyer to conduct all investigations regarding condition, permits, zoning, and development potential. This is an opportunity for those looking to acquire a distressed asset in a high-demand Silicon Valley submarket with strong upside potential.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.4 mi
Grades K-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,320 | 1,490 | 32% |
| Lot Size | 5,000 | 6,390 | 22% |
| Price | $800.0K | $3.11M | 6% |
| Price per sq ft | $606 | $1.8K | 4% |
| Built year | 1942 | 1952 | 10% |
| HOA | $0 | $0 | 50% |
| Days on market | 79 | 142 | 26% |
Feb 2, 2026
$800,000
Initial Listing