2548 Hazelwood Way, East Palo Alto, California 94303, East Palo Alto, 94303 - 4 bed, 2 bath
2548 Hazelwood Way
East Palo Alto, California 94303
Property Price
SUMMARY
Analysis of 2548 Hazelwood Way, East Palo Alto, California 94303 reveals a Prime Investment Opportunity with a current list price of $950,000—significantly undercutting the $1,047,329 Fair Market Value by 9%. This valuation gap indicates a +$97,329 Instant Equity potential for buyers. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the East Palo Alto Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2548 Hazelwood Way Subject | $950,000* List Price | 4 | 2 | 1,720 | $609 | - |
A 801 Weeks Sold | $1,050,000 | 3 | 3 | 1,500 | $700 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1956, this property is functional and has been maintained, but it is significantly dated. While the roof is relatively new (4 years old), the interior features older kitchen cabinetry, tile countertops, and aged appliances. The bathrooms and flooring show signs of wear and mid-century styling that has not been modernized. It meets the 'fair' criteria as a home that is livable but requires updates to meet contemporary standards.
PROSSTRENGTHS & OPPORTUNITIES
- Generous Living Space
Boasting 1,720 square feet with four bedrooms on a single level, this property offers a rare and highly functional layout that provides ample room for a home office or guest quarters.
- Key Structural Updates
The home features a durable stucco exterior and a newer roof approximately four years old, offering peace of mind and reducing immediate capital expenditure for the new owner.
- Strategic Location
Located in the desirable Flood Park Estates neighborhood, the property offers excellent proximity to Palo Alto, major Silicon Valley employers, and convenient transportation corridors.
CONSRISKS & DEFICIENCIES
- Dated Infrastructure
Built in 1956, the home may require modernization of its original systems and interior finishes to meet the expectations of contemporary buyers.
- Inconsistent School Ratings
While the property feeds into the well-regarded Menlo-Atherton High School, the local elementary and middle school options carry lower ratings, which may be a consideration for families.
About 2548 Hazelwood Way
This single family residence, built in 1956, offers a substantial 1,720 square feet of living space on one level in East Palo Alto's desirable Flood Park Estates Amended neighborhood. The structure features a durable Stucco exterior and is situated on a generous 5,250 square foot lot, providing ample outdoor space. The roof is only about 4 years old and the kitchen has a newer vent hood for cooking. This property provides a highly functional layout with four bedrooms and two bathrooms, making it an excellent opportunity for flexible living, including dedicated home office or guest quarters. The spacious bedroom count is a valuable commodity for buyers searching for a large floor plan near Palo Alto. The expansive lot is well-suited for gardening, recreation, or potential future expansion projects. Located in San Mateo County, the home offers access to the Ravenswood City School District, including options like the Cesar Chavez Ravenswood Middle School and Menlo-Atherton High School. This 4-bedroom home offers substantial size and great proximity to regional employers and transportation corridors.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1956
- Lot Size
- 5,277 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
East Palo Alto Unified Schools
Costano Elementary School
Grades K-8 • 0.4 mi
Menlo-Atherton High School
Grades 9-12 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 60% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,720 | 1,540 | 57% |
| Lot Size | 5,277 | 6,211 | 26% |
| Price | $950.0K | $1.78M | 15% |
| Price per sq ft | $552 | $1.2K | 6% |
| Built year | 1956 | 1952 | 62% |
| HOA | $0 | $0 | 50% |
| Days on market | 16 | 155 | 2% |
Pricing History
Listed for Sale
Feb 19, 2026
$950,000
Initial Listing
Sold
Jul 25, 1997
$150,000
Public Record