2273 Dumbarton Avenue, East Palo Alto, California 94303, East Palo Alto, 94303 - 4 bed, 2 bath
ACTIVE$998,000
2273 Dumbarton Avenue, East Palo Alto, California 94303
4Beds
2Baths
1,520Sqft
6,000Lot
Price Vs. Estimate
The estimated value ($998,000) is $0 (0%) lower than the list price ($998,000). This property may be overpriced.
Key pros and cons
Top Pros:
Income Potential & Versatility: As a duplex property, it offers excellent flexibility for an owner to live in one unit and rent out the other, or for a pure investment opportunity, maximizing rental income potential in a high-demand area.
Top Cons:
Age of Property: Built in 1938, the property is quite old, which may lead to concerns about aging infrastructure, systems (plumbing, electrical, foundation), and potential for higher maintenance costs not explicitly covered by 'updates'.
Compared to the nearby listings
Price:$998.0K vs avg $3.18M ($-2,182,000)18%
Size:1,520 sqft vs avg 1,530 sqft50%
Price/sqft:$657 vs avg $1.7K10%
More Insights
Built in 1938 (87 years old).
Condition: Despite being built in 1938, this duplex property has undergone significant and relatively recent updates, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances (including a Samsung range), and a subway tile backsplash. The main bathroom is extensively tiled with a contemporary marble-look design, a jetted tub, and a walk-in shower with hexagonal floor tiles, indicating a renovation within the last 5-15 years. The living and dining areas boast well-maintained hardwood floors and fresh paint. While some elements like certain light fixtures, bedroom tile, and the exterior trim color are not cutting-edge modern, they are functional and clean, and do not detract from the overall 'move-in ready' condition. The property shows good maintenance and updated key areas, aligning with the 'Good' score criteria.
Year Built
1938
Close
-
List price
$998K
Original List price
$1.15M
Price/Sqft
$657
HOA
-
Days on market
-
Sold On
-
MLS number
ML82020136
Home ConditionGood
Features
Patio
View-
About this home
Welcome to 2273 Dumbarton Avenue in East Palo Alto-Your opportunity to embrace a dynamic lifestyle with this unique Duplex property! With a total of 1,520 square feet of living space spread over a generous 6,000 sq ft lot, this home features two single level units-a front and a back unit-each space has its own charm and character, making it ideal for those seeking versatility in their living arrangements or potential rental income. Both units have undergone updates, ensuring a comfortable and fresh living environment. With two bathrooms spread across the property, you'll enjoy convenience and privacy, making it a suitable choice for a variety of living scenarios. Live in one unit and rent the other, or an ideal purchase for investment. Close to META HQ (2 miles), Amazon offices (1 Mile), Stanford University (2 Miles), Google HQ (5.5 Miles) and the following Hospitals: - Menlo Park VA Medical Center (0.9 miles) - Lucile Packard Children's Hospital (2.9 miles) - Stanford Hospital (3.1 miles)
Nearby schools
2/10
Brentwood Academy
Public,•K-5•0.8mi
8/10
Laurel Elementary School
Public,•K-5•1.4mi
2/10
Willow Oaks Elementary School
Public,•K-8•0.8mi
3/10
Costano Elementary School
Public,•K-8•0.9mi
/10
Ronald Mcnair Academy
Public,•6-8•1.0mi
8/10
Hillview Middle School
Public,•6-8•3.4mi
7/10
Menlo-Atherton High School
Public,•9-12•1.6mi
Condition Rating
Good
Despite being built in 1938, this duplex property has undergone significant and relatively recent updates, making it move-in ready. The kitchen features modern white shaker cabinets, stainless steel appliances (including a Samsung range), and a subway tile backsplash. The main bathroom is extensively tiled with a contemporary marble-look design, a jetted tub, and a walk-in shower with hexagonal floor tiles, indicating a renovation within the last 5-15 years. The living and dining areas boast well-maintained hardwood floors and fresh paint. While some elements like certain light fixtures, bedroom tile, and the exterior trim color are not cutting-edge modern, they are functional and clean, and do not detract from the overall 'move-in ready' condition. The property shows good maintenance and updated key areas, aligning with the 'Good' score criteria.
Pros & Cons
Pros
Income Potential & Versatility: As a duplex property, it offers excellent flexibility for an owner to live in one unit and rent out the other, or for a pure investment opportunity, maximizing rental income potential in a high-demand area.
Strategic Location (Tech Hub): The property boasts an exceptional location with close proximity to major tech company headquarters (META, Amazon, Google) and Stanford University, appealing to a large pool of potential tenants or buyers working in these institutions.
Recent Price Adjustment: A significant price reduction from $1.15 million to $998,000 indicates a motivated seller and potentially offers a more attractive entry point for buyers or investors.
Updated Units: Both units have undergone updates, ensuring a comfortable and fresh living environment, which can reduce immediate renovation costs for a new owner or attract higher quality tenants.
Proximity to Healthcare Facilities: The property is conveniently located near several major hospitals, including Menlo Park VA Medical Center, Lucile Packard Children's Hospital, and Stanford Hospital, which is a strong draw for healthcare professionals and can ensure consistent rental demand.
Cons
Age of Property: Built in 1938, the property is quite old, which may lead to concerns about aging infrastructure, systems (plumbing, electrical, foundation), and potential for higher maintenance costs not explicitly covered by 'updates'.
Compact Unit Sizes: With 1,520 square feet of living space divided into two units, each unit is relatively compact (approximately 760 sq ft), which might limit appeal for larger families or those seeking more spacious living.
Mixed School Ratings: While some nearby schools have good ratings (e.g., Menlo-Atherton High, Laurel Elementary), others in the immediate vicinity have lower ratings, which could be a consideration for families prioritizing top-tier public education.