2260 Clarke Avenue, East Palo Alto, California 94303, East Palo Alto, 94303 - 4 bed, 3 bath
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East Palo Alto, California 94303
This Dual-Unit Residential Property represents a Strong Value Opportunity, listed at $1,599,000—positioned effectively at its $1,594,914 Fair Market Value. Featuring a Condition Rating of 3, the property pairs a historic 1919 front home with a Brand-New Modern Rear Unit equipped with Solar Power. The expansive 12,045 sqft lot and Dual-Unit Income Potential provide significant flexibility for multi-generational living or rental revenue. This versatile asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to offset housing costs through smart, sustainable design.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2260 Clarke Avenue Subject | $1,599,000* List Price | 4 | 3 | 1,958 | $815 | - |
A 2296 Pulgas Avenue Sold | $1,350,000 | 4 | 2 | 1,480 | $912 | 0.2 mi |
B 2383 Menalto Avenue Pending | $1,175,000 List Price | 4 | 2 | 1,460 | $805 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property consists of two homes: a brand-new modern rear unit (<5 years) with excellent finishes, solar, and updated systems, and a front unit built in 1919 that is functional but dated (fair condition). The combined state is well-maintained and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12045, living area = 1958.
The property features two separate dwellings on a single lot, offering exceptional flexibility for multi-generational living or the ability to generate significant rental income to offset housing costs.
The newly built rear residence boasts contemporary architecture with soaring wood ceilings, spa-inspired bathrooms, and seamless indoor-outdoor integration via motorized awnings and glass sliders.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =12045, other record lot size in square feet = 10647. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1958, other record living area = 950.
The front residence dates back to 1919, which may present a stark contrast in maintenance needs and structural updates compared to the brand-new modern unit at the rear.
With 125 days on market and a significant price increase from the original listing, the property may face challenges with buyer perception regarding its current valuation and market positioning.
A rare opportunity to own two separate homes on one property, offering exceptional flexibility for living, investing, or multi-generational use. Live in one, rent the other, or lease both for added incomean ideal setup to reduce overall housing costs. The front home offers a traditional feel with a comfortable, functional layout suitable for an owners residence or steady rental. Toward the back of the property sits a completely brand-new home designed for modern living, featuring soaring wood ceilings, clean lines, and an open-concept layout anchored by a sleek contemporary kitchen. Large glass sliders open to a covered patio with motorized awnings that adjust for sun or shade, creating a true indoor/outdoor living experience ideal for entertaining or relaxing year-round. Thoughtful finishes and spa-inspired baths make the space move-in ready. Solar provides ample power for most needs of both homes, adding efficiency and long-term savings. Plenty of parking is available with dedicated space on both sides of the property, plus a garage for added convenience. With generous outdoor space remaining, theres room to gather, entertain, or enjoy the flexibility this unique property offers. A versatile investment with lifestyle options today and strong upside for the future.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,958 | 1,610 | 65% |
| Lot Size | 12,045 | 6,890 | 94% |
| Price | $1.60M | $3.22M | 33% |
| Price per sq ft | $817 | $1.9K | 18% |
| Built year | 1919 | 1954 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 131 | 109 | 65% |
Jun 4, 2026
$1,599,000
$1,248,888
+28% Price Increase
Initial Listing
Feb 4, 2026
$1,248,888
Initial Listing
Jul 3, 2018
$1,200,000
Public Record
Aug 15, 2000
$250,000
Public Record