1885 E Bayshore Road 37, East Palo Alto, California 94303, East Palo Alto, - bed, bath
ACTIVE$550,000
1885 E Bayshore Road 37, East Palo Alto, California 94303
2Beds
2Baths
760Sqft
2,772Lot
Year Built
2003
Close
-
List price
$550K
Original List price
$550K
Price/Sqft
-
HOA
$350
Days on market
-
Sold On
-
MLS number
OC25097483
Home ConditionFair
Features
View-
About this home
Home is in a mobile home in a mobile home park subdivision. Price includes the house and lot. The home has been rented and is in the process of refurbished. Call for pictures of what the house is expected to look like after remodel.
Price History
Date
Event
Price
05/23/25
Listing
$550,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (5 Listings) | |
|---|---|---|---|
| Beds | 2 | 2 | 50% |
| Baths | 2 | 1 | 67% |
| Square foot | 760 | 893 | 17% |
| Lot Size | 2,772 | 0 | 17% |
| Price | $550K | $613K | 50% |
| Price per square foot | $724 | $734.5 | 50% |
| Built year | 2003 | 9871001 | 100% |
| HOA | $350 | $538 | 33% |
| Days on market | 166 | 163 | 50% |
Condition Rating
Fair
The property, built in 2003, is 21 years old, placing it outside the 'Good' category's age range. The description explicitly states the home 'has been rented and is in the process of refurbished,' indicating it requires updates and repairs to reach a higher condition. While the exterior image shows a maintained mobile home, it does not suggest recent high-quality renovations or a move-in ready state. Without interior photos, a detailed assessment of kitchen and bathroom conditions, appliances, or flooring is not possible, but the ongoing refurbishment implies the current state is not fully updated or move-in ready, aligning with the 'Fair' criteria of requiring minor updates or repairs.
Pros & Cons
Pros
Deeded Land Ownership: Unlike many mobile homes, this property includes ownership of the 2,772 sqft lot, providing greater long-term value and stability compared to leased land.
Strategic East Palo Alto Location: Situated in a high-demand Silicon Valley city, offering excellent access to major tech employers, amenities, and potential for regional appreciation.
Expected Modern Refurbishment: The ongoing refurbishment promises a refreshed and updated interior, reducing immediate renovation costs for the buyer and enhancing move-in readiness.
Relatively Newer Construction: Built in 2003, the home is newer than many mobile homes and traditional properties in the area, potentially offering better structural integrity and more contemporary features.
Accessible Price Point for the Region: While significant for a mobile home, the $550,000 list price represents a comparatively more affordable entry into homeownership within the expensive East Palo Alto/Silicon Valley market.
Cons
Mobile Home Classification & Stigma: Despite land ownership, the property's classification as a mobile home in a mobile home park can carry a social stigma, potentially affecting resale value and limiting financing options compared to traditional housing.
High Price for Property Type: The $550,000 list price is exceptionally high for a 760 sqft mobile home, even with land included, which may deter buyers expecting more traditional housing for a similar investment.
Small Square Footage: With only 760 sqft, the living space is quite compact, which could be a significant drawback for buyers seeking more room, thereby limiting the potential buyer pool.