
East Palo Alto, California 94303
This property presents a High-Potential Investment Opportunity with a List Price of $999,999—positioned well below the $1,011,704 Fair Market Value by 1%. This valuation gap offers $11,705 in Instant Equity. With a Fair Condition Rating, the 8,592 sqft corner lot provides significant Development Potential for expansion, while the separate 1-bed/1-bath suite offers immediate Income Generation Potential. Located near Meta, this is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add asset in Silicon Valley.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2719 Xavier Subject | $999,999* List Price | 4 | 2 | 1,710 | $592 | - |
A 2895 Fordham Street Sold | $1,140,000 | 6 | 2 | 1,907 | $598 | 0.4 mi |
B 828 Weeks Street Sold | $1,125,000 | 3 | 2 | 1,988 | $566 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home was built in 1953, the seller reports that electrical and plumbing systems were updated approximately 5-7 years ago, which prevents a lower rating. However, the exterior shows signs of deferred maintenance with significant driveway cracking and unmaintained landscaping. The listing's emphasis on 'investors and builders' and the potential to 'expand or build more units' suggests the interior finishes are likely dated and require modernization to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8592, living area = 1710.
The expansive 8,592 sqft corner lot offers significant upside for investors and builders to expand the existing footprint or construct additional units, subject to city approval.
With a separate entry featuring a 1-bedroom, 1-bathroom suite and an additional bonus/office room, the layout is perfectly suited for rental income or multi-generational living.
The assigned elementary school carries a low rating of 3, which may be a deterrent for families specifically seeking high-performing public school districts.
Despite recent electrical and plumbing updates, the 1953 construction may require further modernization and cosmetic renovations to meet contemporary buyer expectations.
Main Home 4 bed 2 Bath. Total 8 rooms as per record, Separate Entry includes 1 bed 1 bath, Bonus or office room, Private patio. Solar Panel Paid not Battery. Corner Lot to expand or Build more Units for investors and builders subject to plan and City / County approval , Electrical and Plumbing good and new a 5-7 years ago as per seller. Plenty parking spaces. Delivered Vacant at close of escrow. Located close to Meta and others Silicon valley neighborhood
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,710 | 1,310 |
| Lot Size | 8,592 | 6,703 |
| Price | $1000.0K | $1.26M |
| Price per sq ft | $585 | $854 |
| Built year | 1953 | 1956 |
| HOA | $0 | $0 |
| Days on market | 37 | 44 |
Jun 15, 2026
$999,999
Initial Listing
Jan 9, 2018
$861,000
Public Record