2887 Fordham Street, East Palo Alto, California 94303, East Palo Alto, - bed, bath
ACTIVE UNDER CONTRACT$1,449,900
2887 Fordham Street, East Palo Alto, California 94303
7Beds
4Baths
2,016Sqft
8,160Lot
Year Built
1953
Close
-
List price
$1.45M
Original List price
$1.6M
Price/Sqft
-
HOA
-
Days on market
125 Days
Sold On
2025-11-21
MLS number
ML82015289
Home ConditionExcellent
Features
Patio
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. Additionally, permits for the ADU are available.
Nearby schools
3/10
Costano Elementary School
Public,•K-8•0.4mi
7/10
Menlo-Atherton High School
Public,•9-12•2.7mi
Price History
Date
Event
Price
08/23/25
Price Change
$1,449,900-9.3%
07/19/25
Listing
$1,598,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (52 Listings) | |
|---|---|---|---|
| Beds | 7 | 4 | 94% |
| Baths | 4 | 2 | 83% |
| Square foot | 2,016 | 1,625 | 60% |
| Lot Size | 8,160 | 7,150 | 70% |
| Price | $1.45M | $3.17M | 30% |
| Price per square foot | $719 | $1,705 | 13% |
| Built year | 1953 | 1953 | 50% |
| HOA | |||
| Days on market | 109 | 142 | 38% |
Condition Rating
Excellent
Despite being built in 1953, the property has undergone a complete and extensive interior renovation, as stated in the description and clearly visible in the images. Both units feature modern kitchens with new stainless steel appliances, contemporary white shaker cabinets, and updated countertops. All bathrooms are fully remodeled with modern vanities, fixtures, and tiling. New flooring (light LVP and hardwood) and fresh paint are present throughout, along with modern light fixtures. The property appears virtually new inside, meeting current quality standards with no visible deferred maintenance.
Pros & Cons
Pros
Income Generating Potential: The property features two distinct houses on one lot (4 bed/2 bath front, 3 bed/2 bath back), offering a unique opportunity for rental income or multi-generational living.
Prime Tech Hub Location: Strategically located in East Palo Alto, with close proximity to major tech headquarters like Facebook, Meta, and Instagram, appealing to a strong tenant pool or tech professionals.
Extensive Interior Remodel: The interior has been completely remodeled with new floors, modern kitchens, updated bathrooms, fresh paint, and new appliances, ensuring move-in readiness and reduced immediate maintenance.
ADU Expansion Potential: Permits for an Accessory Dwelling Unit (ADU) are available, providing a clear path for future expansion, increased living space, or additional rental income.
Generous Lot Size: An expansive 8,160 square foot lot offers ample outdoor space and potential for further landscaping or development, a valuable asset in the Bay Area.
Cons
High Days on Market & Price Reduction: With 125 days on market and a significant price reduction from the original list price, it suggests potential market resistance or an initial overestimation of value.
Elementary School Rating: The nearby Costano Elementary School has a rating of 3, which may be a deterrent for families prioritizing top-tier public elementary education.
Age of Original Structure: While the interior is remodeled, the property was built in 1953, meaning some underlying infrastructure (e.g., foundation, older plumbing/electrical not part of the interior remodel) may still be original and could require future attention.