2247 Menalto Avenue, East Palo Alto, California 94303, East Palo Alto, 94303 - 4 bed, 2 bath
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East Palo Alto, California 94303
This Versatile Residential Property represents a Strong Value Opportunity, listed at $1,098,888—positioned well below the $1,184,893 Fair Market Value by 7%. This valuation gap provides $86,005 in Instant Equity. Featuring a Condition Rating of 3, the home offers updated interiors and a detached rear unit ideal for rental income or multi-generational living. With its strategic proximity to major tech employers and patio access, this property is a prime acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible living arrangements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2247 Menalto Avenue Subject | $1,098,888* List Price | 4 | 2 | 1,850 | $640 | - |
A 828 Weeks Street Sold | $1,125,000 | 3 | 2 | 1,988 | $566 | 0.8 mi |
B 2370 Ralmar Avenue Sold | $1,310,000 | 4 | 3 | 1,963 | $667 | 0.3 mi |
C 801 Weeks Sold | $1,050,000 | 3 | 3 | 1,500 | $700 | 0.7 mi |
D 2495 Gloria Way Active | $1,099,000 List Price | 3 | 3 | 1,580 | $696 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1948, the property has been well-maintained and features a refreshed kitchen and bathrooms. While the main house retains some dated elements like vintage bathroom tiling, the overall condition is clean, functional, and move-in ready, complemented by a more modern detached rear unit.
The property features a detached rear unit complete with its own kitchen, bathroom, and living space, offering excellent potential for rental income, multi-generational living, or a private home office.
Ideally situated with rapid access to Hwy 101 and major employers including Meta, Google, and Stanford, making it a prime location for Silicon Valley commuters.
The home boasts an updated kitchen with stainless steel appliances and refreshed bathrooms, blending classic 1940s charm with contemporary functionality and move-in readiness.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1850, other record living area = 1100. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
Originally constructed in 1948, the property may require ongoing attention to older mechanical or structural systems typical of homes from this era.
Located within the East Palo Alto jurisdiction, the property may face challenges with buyer perception regarding local school rankings compared to neighboring Palo Alto or Menlo Park.
A low-maintenance front yard and covered entry welcome you into a bright single-level home with classic charm and flexible living. Just inside, the living room offers large picture windows, parquet wood floors, crown molding and a brick fireplace that anchors the space. The layout continues into a sunny dining area and updated kitchen with crisp white cabinetry, recessed lighting, stainless fridge, gas range and room for casual meals. Comfortable bedrooms feature wood floors, generous windows and versatile space for guests, work or play, while refreshed baths add clean, modern function. Out back, the property opens to an expansive fenced yard with patio areas, mature shade trees and a turf section for easy outdoor enjoyment. Adding exceptional versatility, the detached rear unit provides its own living area, kitchen, bathroom and bedroom-style space, making it well suited for extended family, guests, a home office or a variety of flexible living arrangements. Enjoy quick access to Hwy 101, Palo Alto, Menlo Park, Stanford, Meta, Google, Ravenswood 101 shopping, IKEA, Target, local dining, Joel Davis Park, Cooley Landing and Baylands open space.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,850 | 1,310 |
| Lot Size | 6,500 | 6,703 |
| Price | $1.10M | $1.26M |
| Price per sq ft | $594 | $854 |
| Built year | 1948 | 1956 |
| HOA | $0 | $0 |
| Days on market | 13 | 44 |
Jul 9, 2026
$1,098,888
Initial Listing
Dec 9, 2021
$1,020,000
Public Record