
East Palo Alto, California 94303
This property presents a High-Potential Investment Opportunity with a List Price of $849,000—positioned well below the $860,970 Fair Market Value by 1%. This valuation gap offers $11,970 in Instant Equity for buyers. With a Fair Condition Rating (4), the home requires modernization to reach its full potential. Its strategic location near major tech hubs and a spacious 5,128 sqft lot provide a solid foundation for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a project in a high-demand Silicon Valley market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2260 Pulgas Avenue Subject 3 bd · 2 ba · 1,028 sqft · $838 | $849,000* List Price | 3 | 2 | 1,028 | $838 | - |
A 1159 Oconnor Street Sold 3 bd · 1 ba · 1,010 sqft · $891 · 0.5 mi | $900,000 | 3 | 1 | 1,010 | $891 | 0.5 mi |
B 1225 Cypress Street Sold 3 bd · 1 ba · 970 sqft · $763 · 0.1 mi | $740,000 | 3 | 1 | 970 | $763 | 0.1 mi |
C 263 Wisteria Drive Sold 3 bd · 1 ba · 1,110 sqft · $730 · 0.6 mi | $810,000 | 3 | 1 | 1,110 | $730 | 0.6 mi |
D 1827 Stevens Avenue Sold 3 bd · 1 ba · 1,010 sqft · $936 · 0.9 mi | $945,000 | 3 | 1 | 1,010 | $936 | 0.9 mi |
E 434 Hibiscus Court Sold 3 bd · 2 ba · 1,310 sqft · $840 · 0.4 mi | $1,100,000 | 3 | 2 | 1,310 | $840 | 0.4 mi |
F 2338 Dumbarton Ave Sold 3 bd · 2 ba · 1,340 sqft · $728 · 0.9 mi | $975,000 | 3 | 2 | 1,340 | $728 | 0.9 mi |
G 123 Gardenia Way Active 3 bd · 2 ba · 1,110 sqft · $856 · 0.7 mi | $950,000 List Price | 3 | 2 | 1,110 | $856 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1953, this property is over 70 years old. While it features recent cosmetic 'lipstick' updates such as fresh paint, new carpet, and vinyl flooring, the kitchen and bathrooms remain dated with older fixtures and styles. The listing's emphasis on an 'As-Is' sale and its appeal to 'flippers' or 'investors' indicates that while functional, the home requires significant modernization of systems and interior finishes to meet modern standards.
The property is ideally situated near major tech hubs like Google and Intuit, with convenient access to Highway 101 and the Dumbarton Bridge, making it highly attractive for commuters.
Marketed as an 'Opportunity Knocks' project, this home offers investors and flippers a blank canvas to modernize and build substantial equity in a high-demand market.
The generous 5,128 sqft lot includes a spacious private backyard, providing ample room for entertaining, gardening, or potential future expansion.
The property is being sold strictly in its current condition, which likely implies deferred maintenance and the need for significant capital investment for repairs.
The presence of potentially unpermitted areas requires buyers to conduct extensive due diligence to verify legal square footage and ensure building code compliance.
As-IS SALE... Wonderful opportunity to make it your own ! Opportunity Knocks ! Whether you are an investor, a flipper or a homeowner looking to create a home that reflects your own style, this property offers plenty potential and possibilities. Buyers verify SQFT, permitted and unpermitted area independently. This home offers a welcoming layout with fresh paint, new carpet in the bedrooms and vinyl flooring. This bright living spaces and charming wood-burning fireplace add warmth and character, providing a great foundation for your vision. Great front yard adds curb appeal while the specious private backyard offers plenty of room too relax, entertain, plant your favorite vegetables,, or grow your own fruit trees. Enjoy a convenient location near major tech companies like Google and Intuit as well as Stanford shopping center, IKEA with easy access to HWY 101 and Dumbarton Bridge. Bring your imagination and unlock the possibilities. This is an excellent opportunities an personalize, improve and creat a home that suits your style in a convenient Silicon Valley location. Property is being sold AS IS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 1.8 |
| Square foot | 1,028 | 1,225.5 |
| Lot Size | 5,128 | 5,432.5 |
| Price | $849.0K | $1.16M |
| Price per sq ft | $826 | $835 |
| Built year | 1953 | 1954 |
| HOA | $0 | $304 |
| Days on market | 15 | 55 |
Oct 9, 2026
$849,000
Initial Listing