2887 Fordham Street, East Palo Alto, California 94303, East Palo Alto, 94303 - 7 bed, 4 bath
ACTIVE UNDER CONTRACT$1,449,900
2887 Fordham Street, East Palo Alto, California 94303
7Beds
4Baths
2,016Sqft
8,160Lot
Price Vs. Estimate
The estimated value ($1,415,581.15) is $34,318.85 (2%) lower than the list price ($1,449,900). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8160, living area = 2016.
Top Cons:
Extended Days on Market & Price Reduction: With 125 days on market and a significant price reduction from the original list price, it suggests initial overpricing or challenges in attracting buyers.
Compared to the nearby listings
Price:$1.45M vs avg $3.18M ($-1,730,100)34%
Size:2,016 sqft vs avg 1,557.5 sqft66%
Price/sqft:$719 vs avg $1.7K12%
More Insights
This property has been on the market for 125 days.
Built in 1953 (72 years old).
Condition: Despite being built in 1953, the property has undergone a complete and extensive interior remodel, as confirmed by the listing description and images. Both the front and back units feature new modern kitchens with stainless steel appliances, updated bathrooms with contemporary fixtures and tiling, new flooring (laminate/hardwood), fresh paint, and modern light fixtures throughout. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning with the 'Excellent' criteria for a recently renovated property.
Year Built
1953
Close
-
List price
$1.45M
Original List price
$1.6M
Price/Sqft
$719
HOA
-
Days on market
125 Days
Sold On
2025-11-21
MLS number
ML82015289
Home ConditionExcellent
Features
View-
About this home
WELCOME TO 2887 FORDHAM ST. TWO HOUSES IN ONE LOT. FRONT HOUSE IS 4 BED / 2 BATHS. HOUSE ON BACK 3 BEDS / 2 BATHS. RENT ONE AND LIVE IN THE OTHER.!!!!!!!!GREAT OPPORTUNITY!!!!!!!!! located in the vibrant city of East Palo Alto. Close to Facebook, Meta, and Instagram Headquarters. With a generous 2,016 square feet of living space on an expansive 8,160 square foot lot, this property offers plenty of room for comfortable living. completely remodeled interior featuring new floors, modern kitchens, updated bathrooms, and fresh paint with new appliances. Appreciate the proximity to Schools in the Ravenswood City School District and the Sequoia Union High School.
Nearby schools
3/10
Costano Elementary School
Public,•K-8•0.4mi
7/10
Menlo-Atherton High School
Public,•9-12•2.7mi
Condition Rating
Excellent
Despite being built in 1953, the property has undergone a complete and extensive interior remodel, as confirmed by the listing description and images. Both the front and back units feature new modern kitchens with stainless steel appliances, updated bathrooms with contemporary fixtures and tiling, new flooring (laminate/hardwood), fresh paint, and modern light fixtures throughout. All visible components appear new or virtually new, meeting current quality standards with no deferred maintenance, aligning with the 'Excellent' criteria for a recently renovated property.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8160, living area = 2016.
Dual Dwelling & Income Potential: The property features two separate houses on one lot (4 bed/2 bath front, 3 bed/2 bath back), offering significant income potential through rental or ideal for multi-generational living.
Prime Tech Hub Location: Strategically located in East Palo Alto, with close proximity to major tech company headquarters like Facebook, Meta, and Instagram, appealing to a strong tenant pool or tech professionals.
Extensive Recent Remodel: The interior has been completely remodeled with new floors, modern kitchens, updated bathrooms, fresh paint, and new appliances, minimizing immediate renovation costs for a new owner.
Generous Lot Size: An expansive 8,160 square foot lot provides ample outdoor space, potential for further development, or enhanced privacy in a dense urban area.
Proximity to Schools: Located near schools in the Ravenswood City School District and Sequoia Union High School, including Menlo-Atherton High School with a respectable rating of 7.
Cons
Extended Days on Market & Price Reduction: With 125 days on market and a significant price reduction from the original list price, it suggests initial overpricing or challenges in attracting buyers.
Older Construction: Built in 1953, despite recent interior remodels, the underlying structure and major systems (e.g., plumbing, electrical, roof) are older, potentially leading to future maintenance concerns.
Elementary School Rating: The nearby Costano Elementary School has a rating of 3, which might be a drawback for families prioritizing top-tier elementary education.