June 1, 2011

Price cut in East Palo Alto! $383,000 off!

$415,000

Beds: 2
Baths: 1.5
Sq. Ft.: 1,260
$/Sq. Ft.: $329
Lot Size: 9,944 Sq. Ft.
Property Type: Detached Single Family
Style: Cottage/Bungalow
Stories: 1
View: Neighborhood
Year Built: 1949
Community: East of U.S. 101
County: San Mateo
MLS#: 81051940
Source: MLSListings
Status: Active

On Redfin: 204 days
Huge lot almost 10,000 sq ft. Addition of large family room, half bath and laundry room has permits. Property is across from small market. Walk to Home Depot. Best Buy, Mcdonald, Office Depot. Close to Stanford University.

Wow! What a deal! It’s near McDonald – the new less possessive franchise of McDonald’s.

Wait… this seems familiar… where have I seen this before?

July 21, 2010

Price cut in East Palo Alto! $373,000 OFF!

$425,000

1912 PULGAS Ave East Palo Alto, CA 94303

image

Isn’t it straight how this was on the market for 474 days last year, and now it’s only on the market for 204 days?

But wait… this seems familiar again….

August 26, 2009
This house has easy access to gasoline station, home depot, best buy

It’s East Palo Alto week!

1912 PULGAS Ave, East Palo Alto, CA 94303 | MLS# 80913446
1912 PULGAS Ave East Palo Alto, CA 94303
Price: $798,000

1912

So the last few years weren’t all that great for this house – but this year, 2011, this is it! I know it! Go little green house go!

Comments (15) -- Posted by: burbed @ 5:45 am






March 20, 2011

2010 Census Data Displays Diverse Diversity Diversions

Thanks to Burbed reader Real Estater for nominating this article by posting it in the comments on Friday.

image

Image from USA Today

East Bay tops among California’s most diverse places

By Eric Kurhi and Matt O’Brien, Contra Costa Times
Posted: 03/18/2011 03:20:18 PM PDT

HAYWARD — Close to the geographic center of a city known as the “Heart of the Bay,” Luciano Ruiz peered out the pickup window of a burger joint in what is, by one measure, the most racially diverse neighborhood in California.

“There’s been a mix of people here ever since I grew up,” said Ruiz, 18. “It’s always been mainly Latino down here in South Hayward, but now you see more African-Americans, a lot more Asians. I’ve seen a little increase in Middle Eastern people.”

The 2010 census shows a collection of census tracts in the Hayward flatlands as the most diverse in California and a microcosm of the state’s likely future. Latinos are the largest group, but share the space with many other people. Multicultural churches, mosques and businesses are in walking distance.

Thirty-five miles away, in the Walnut Creek retirement community of Rossmoor, a cluster of census tracts reflect an older, less integrated California. About 90 percent of residents are white and less than 1 percent are African-American in the Bay Area’s least-diverse neighborhood.

“It’s probably accurate,” said Rossmoor resident David Smith of the newly released statistics. “Our population is overwhelmingly white.”

imageSince this is from the Contra Costa Times, there’s little about neighborhoods in Santa Clara or San Mateo County, and which would be the most or least diverse. East Palo Alto was specifically called out as one of the 10 most diverse communities in California. The diversity index is the probability that two randomly picked people from the area would be of different race or ethnicity. Maybe you might have an idea which neighborhoods you’d nominate?

imageAnyway, I looked up the data, and East Palo Alto has a DI of 83.4 (the highest was 86.4 and Hayward was 85.1).  Oakland was 81.1. Not mentioned in the article are Sacramento, 79.6, South San Francisco, 79.0, San Jose, 77.1, San Bruno, 76.3, Santa Clara, Cholula Half Gallon - Click Image to Close71.8, and Sunnyvale, 70.7.  On the other end of the scale we find Belvedere, 16.4, Portola Valley, 22.3, Woodside, 25.2, and Boulder Creek at 26.  Don’t assume that a low DI means white-bread; the Central Valley’s Mendota is 96.6% Hispanic and has a DI of 26.0.

In case you’re wondering how some areas end up with lots of diversity, here’s the secret, according to the above article:

It didn’t happen overnight,” Bogue said. “Just like anywhere, somebody puts a house up for sale, somebody looks at it and somebody buys it.”

Yeah, that couldn’t happen in Atherton, where houses are bequeathed.  But while houses are occasionally listed for sale in homogenous census tracts, the diverse ones, such as Richmond, San Pablo, Pittsburg, Hayward, Vallejo, Oakland and San Leandro have another interesting thing in common.

imageLocal historian Frank Goulart said affordability has also long attracted a broad spectrum of people to parts of Hayward.

“If you want an honest answer, it’s the cheap housing,” Goulart said.

He said many of the homes in the city’s most diverse tracts “were built like shacks.”

There you go.  Diversity is code for crapboxes (like this one above, in Hayward, the City of Diversity).  But don’t worry about it.  The majority of California public school students are now Hispanic, so the Diversity Index must be heading down (see Mendota, above).  That means housing quality will go up, so the Real Bay Area will get bigger!

imageThere’s no danger of that in Silicon Valley, though.  Santa Clara County’s index is a kumbayah 74, almost as multicultural as Alameda County’s state-topping 78.  The least diverse Bay Area County?  Marin, at 45. The overall state index is 72.9, second only to Hawaii’s 81.1.

But what’s more important is housing!  And the county with the highest percentage of vacant housing units goes to Alpine, with a whopping 71% of its housing sitting empty.  For the Bay Area, the winner is Sonoma, with 9.2%, imagebut Santa Cruz’s 9.7% would have beaten it had any of the county physically come into contact with the Bay.  Meanwhile San Mateo and Santa Clara county are both in the 4’s, while San Francisco managed double: 8.3% of the housing units sitting empty.

There’s stats, stats, stats to play with, so have fun courtesy of USA Today.  Data is available by city as well, so go wild and wonder why the city (town?) of Almanor has 100% of their 75 housing units empty.

Photo above: foreclosed home in Hayward, showcasing diversity.

Comments (8) -- Posted by: madhaus @ 5:04 am

February 1, 2011

The Vast Conspiracy to Raise Peninsula Real Estate Prices

And, lower East Bay prices too!  Win-win-win!

Officials push for higher tolls during rush hours on San Mateo, Dumbarton bridges

By Mike Rosenberg, The Oakland Tribune

Posted: 01/31/2011 07:23:07 AM PST, Updated: 01/31/2011 09:26:52 AM PST

imageDrivers crossing the San Mateo and Dumbarton bridges would pay higher tolls during rush hours under a plan Peninsula officials are urging Bay Area leaders to adopt.

A group of city, county and transportation officials this week released the new San Mateo Countywide Transportation Plan, which includes support for congestion pricing on the two bridges that connect the Peninsula and East Bay.

"I think it’s a shame they haven’t done congestion pricing," said Rich Napier, executive director of the county’s congestion management agency, which is overseeing the transportation plan. "It does work."

(Photo, above right: Drivers crossing the San Mateo and Dumbarton bridges would pay higher tolls during rush hours under a plan Peninsula officials are urging Bay Area leaders to adopt. File photo, The Oakland Tribune.)

Now, some readers of this site are really clever people, and will simply glance at the headline above and figure it out immediately.  Others of you need to be taken by the hand and have a few things spelled out really slowly and carefully.

Congestion pricing, in case you haven’t tried driving across the Bay Bridge during commute hours, means that the toll is higher during rush hour when everyone else is going to work.  At present, Bay Bridge congestion pricing is $6 during peak commute hours and $4 other times.  The San Mateo and Dumbarton bridges have a $5 toll at all times, rush hour or not.

Now, here’s the part you should have already worked out:

Drivers at the San Mateo and Dumbarton bridges typically wait less than two minutes to get through the toll booth, according to the Bay Area Toll Authority.

Still, officials said traffic data shows many of the logjams on Highway 101 are caused by commuters who take advantage of cheaper housing in the East Bay and cross the bridges for their jobs in the Peninsula. Slowing traffic on the bridges during the commute could have a ripple effect on Highway 101, where officials have struggled for years to ease bottlenecks, they said.

Ooooh, ripple effect!  Double rainbow all the way!  Across the sky!  By making commuting more expensive or more inconvenient, homes on the Peninsula close to jobs will become even more valuable.  Meanwhile, “cheaper housing in the East Bay” won’t be such a bargain once the commute costs more time and money.  Expect that desirability deficit to work itself into pricing homes in the East Bay if congestion pricing moves to Peninsula bridges.

In related bridge toll news, the Golden Gate bridge authority is getting rid of all their human toll-takers and switching to an all-electronic system.

Comments (15) -- Posted by: madhaus @ 5:08 am

January 28, 2011

Amazing income opportunity in East Palo Alto

Beds: 3
Baths: 1
Sq. Ft.: 940
$/Sq. Ft.: $266
Lot Size: 5,000 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1927
Community: East of U.S. 101
County: San Mateo
MLS#: 81057944
Source: MLSListings
Status: ActiveThis listing is for sale and the sellers are accepting offers.
On Redfin: 23 days
PRICE TO SELL FAST!!!  Start building equity right now with this great home in up and coming area of East Palo Alto. This home is well maintained and would be a wonderful starter home or a fantastic income property. New roof!! This property was rented out for $2,000/month. Recently got new carpet, paint and appliances. Priced to sell!!!

Thanks to Burbed reader A.L. for this find!

First, let’s look a the history of this fine, affordable, property.

image

Wow, just look at the equity possibilities here. Here is $315k of instant equity just sitting around waiting for you to tap.

But what A.L. really wanted to point out was the fact that this place currently rents out for $2000 a month! Can you believe that? $2000 a month in East Palo Alto. Talk about an amazing revenue stream. I wonder who is paying that rate – what are your thoughts?

Comments (24) -- Posted by: burbed @ 5:36 am

January 17, 2011

Completely remodeled, very affordable house!

$219,000

image

Beds: 2
Baths: 1
Sq. Ft.: 760
$/Sq. Ft.: $288
Lot Size: 3,225 Sq. Ft.
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1962
Community: East of U.S. 101
County: San Mateo
MLS#: 81055538
Source: MLSListings
Status: Active
On Redfin: 47 days
COMPLETELY REMODELED WITHIN THE LAST 8 MONTHS. BEAUTIFUL NEW KITCHEN CABINETS W/ GRANITE COUNTER TOP AND BACKSPLASH. HW FLOORS IN LIVING ROOM AND HALLWAY. NEW CARPET IN 2 BEDROOMS. REMODELED BATHROOM. ALL DOUBLE PANE WINDOWS. NEW GARAGE DOOR WITH REMOTE CONTROL. ALL WORK DONE WITH PERMITS. EXCELLENT CONDITION. LIGHT AND BRIGHT. WAITING FOR YOUR CLIENTS. PROFESSIONAL LANDSCAPING.

With prices like this, can anyone still say that houses in the Bay Area are unaffordable? Look at this beauty! It’s completely remodeled! And, with permits – something that’s pretty rare in the Valley apparently!

And just for $288 per square foot! In a safe neighborhood! (There haven’t been any shootings this year so far!)

Most importantly, look at all the instant equity waiting for you:

image

Cha-ching! Buy it today and watch as it soars back up to $420k! That’d be like doubling your money instantly!

A great price, for a great Bay Area sized house, in a great (so far this year) neighborhood, with… uh… schools. WHAT A DEAL!

Comments (13) -- Posted by: burbed @ 5:06 am

December 13, 2010

Cheapest House in East Palo Alto

Black Friday’s been over for weeks, but the DEALS continue!  And today’s house has something for everyone.

939 E Bayshore Rd, East Palo Alto, CA 94303
$180,000

image BEDS: 4
BATHS: 2
SQ. FT.: 1,510
$/SQ. FT.: $119
LOT SIZE: 4,500 Sq. Ft.
PROPERTY TYPE: Detached Single Family
STORIES: 1
YEAR BUILT: 1966
COMMUNITY: East of U.S. 101
COUNTY: San Mateo
MLS#: 81057092
SOURCE: MLSListings
STATUS: Active
ON REDFIN: 1 day
NEW LISTING (24 HOURS)

This is an actual HOUSE with four bedrooms and two baths, and it costs so little Redfin won’t represent you in the transaction.  Plus you’re only a couple miles from Facebook HQ, at an asking price more suited to Wal-Mart Greeter wages.  (With a $36,000 down payment, a 30 year fixed at four and a half percent will run $730 a month.)  What’s not to like?

Let’s see why the agent didn’t take the time to drive by and snap a photo for us.  First: location, location, location means E-Z Freeway Access!

image

That big 4500 foot lot needn’t suffer when you build your own freeway onramp across the street.  Now, let’s admire the house you can pick up for less than the cost of a Virgin Galactic ticket or a Prive mobile phone.

image

Perfect!  And Patriot Properties is the “Number One REO Broker in the Bay Area!”  We must be at the right place, because I bet there’s a 1906 REO in that garage.  So I wouldn’t worry that Google disavows any connection with this property (see upper right).

Here are a couple more views.  This one is a little further north up Saratoga (which is a much classier street name than Bayshore, and you get this upgraded street name included in the low, low price).

image

This view is slightly south of the first photo, as you approach Bay Road.  It’s great that the seller has helpfully included a high-quality fence with this aggressive pricing.  And given the dynamics of this exciting neighborhood, you’re going to be glad it’s there!

image

I hope you like having neighbors close by, because in this case, it’s going to be unavoidable.  But you’ll be just steps away when you need to borrow a few ammunition clips.

image

I know these pictures are getting you very interested in buying this property now now NOW, but you’re probably scoffing that this is yet another unloved patch of dirt that nobody wants and the bank can’t wait to get rid of.  Not true!  Just look at the sales history!

Property History for 939 E BAYSHORE Rd

Date Event Price Appreciation Source
Dec 09, 2010 Listed $180,000 MLSListings #81057092
Jan 14, 2010 Sold (Public Records)
Possible abnormal transaction
$185,000 -51.4%/yr Public Records
Jun 22, 2009 Sold (Public Records) $278,000 73.9%/yr Public Records
Apr 20, 2009 Sold (Public Records) $253,000 -11.3%/yr Public Records
Apr 20, 2009 Sold (MLS) $252,900 Inactive MLSListings #80902075
Apr 15, 2009 Delisted Inactive MLSListings #80902075
Jan 14, 2009 Listed $259,900 Inactive MLSListings #80902075
Oct 08, 2008 Delisted Inactive MLSListings #1
Oct 08, 2008 Sold (Public Records)
This home was
foreclosed
$340,000 Public Records
Oct 01, 2008 Relisted

Inactive MLSListings #1
Oct 01, 2008 Delisted

Inactive MLSListings #1
Sep 03, 2008 Price Changed $499,000

Inactive MLSListings #1
Aug 28, 2008 Price Changed *

Inactive MLSListings #1
Aug 26, 2008 Relisted

Inactive MLSListings #1
Aug 26, 2008 Delisted

Inactive MLSListings #1
Aug 20, 2008 Price Changed *

Inactive MLSListings #1
Apr 25, 2008 Price Changed *

Inactive MLSListings #1
Apr 09, 2008 Price Changed $609,000

Inactive MLSListings #1
Feb 22, 2008 Listed

Inactive MLSListings #1
Feb 26, 2004 Sold (Public Records) $470,000 33.3%/yr Public Records
Jun 06, 1997 Sold (Public Records) $68,181 -3.2%/yr Public Records
Mar 25, 1988 Sold (Public Records) $92,000

Public Records

Almost half a million in 2004?  That’s practically three hundred thousand of instant equity waiting for you to unlock, provided someone hasn’t already stolen it.  Now aren’t you glad there’s a chain-link fence already installed?

Comments (60) -- Posted by: madhaus @ 5:05 am

November 12, 2010

INVESTOR/BUILDERS DREAM in East Palo Alto

$645,000

Beds: 3
Baths: 1
Sq. Ft.: 1,090
$/Sq. Ft.: $592
Lot Size: 0.92 Acres
Property Type: Detached Single Family
Stories: 1
Year Built: 1917
Community: East of U.S. 101
County: San Mateo
MLS#: 81004962
Source: MLSListings
Status: ActiveThis listing is for sale and the sellers are accepting offers.
On Redfin: 277 days
.9 ACRE LOT WITH 3 BED 1 BATH HOME. MAJOR REHAB WORK NEEDED, GREAT PROPERTY FOR DEVELOPING, INVESTOR/BUILDERS DREAM

It’d be too easy (and misleading) to call out the fact that this is $592 per square foot. Rather, let’s look at the fact that this is just $645 for nearly an acre of land. East Palo Alto or not, that’s a wowser!

Just look at what others have done in this neighborhood!

image

Check out that subdivision on the right… or the two lots on the left.

Any real estate developers hanging out here? What do you think can happen with this lot? I’m thinking you can easily make $5 mil from a project here. Heck, it’s even blessed being right next to a church!

As a bonus, you also get a bunch of free, antique, collectible cars!

image

Now that’s a win!

Comments (10) -- Posted by: burbed @ 5:16 am

October 31, 2010

The Most Expensive Zip Codes – The Series You Hate, The Cities You Loathe

Welcome to Part 5 of the least popular series ever on burbed, ever.  You’re welcome.  Forbes thanks you too, since we’re making fun of their mistakes when they wrote an article on the 500 most expensive zips, and hired Altos Research to do their data crunching.

Here are the first four parts for you masochists who can’t get enough numbers, maps, and boring fascinating statistics.

Today we’re going to cover the zips ranked 151-200.  But to reduce the complaining just a tiny bit, we’ll leave out anywhere that isn’t within reasonable commuting distance to the Googleplex.  Actually if I left out everywhere more than 10 miles from Google we’d only have four cities today, which might not be such a bad thing.

image #151 – 94306 Palo Alto

Median Home Price: $1,270,424
Median Price Change: 4%
Average Days On Market: 67
Inventory: 69 properties
Median Household Income: $82,314

At least this time we’re going to start much closer to where the jobs are.  This is a very important zip code.  If you remember this article, 94306 is the only zip code that’s left in the Real Bay Area (RBA) anymore, if you define RBA as the place where prices don’t go down.  So despite being the #2 zip in Palo Alto (94301 came in at #73 on the list), it’s #1 in the RBA.  It’s also last in the RBA, because none of the other zips qualified at all.

The real reason 94306 went up while prices everywhere else collapsed is because it’s the cheap section of Palo Alto.  This area, formerly the city of Mayfield, featured small homes on small lots which people now tear down and put in oversized mini-mansions that loom over the remaining bungalows.  Unfortunately, real estate statistics are oblivious to such trends, such as someone paying money to remodel or replace a house.  Instead you see crazy price increases and think the neighborhood is red-hot rather than full of sawdust and paint fumes.  If the sale price stats subtracted out the money paid for construction, there’s a good chance 94306 would have dropped as much or even more than the other zips around it.

#160 – 94549 Lafayette

Median Home Price: $1,225,110
Median Price Change: -4%
Average Days On Market: 88
Inventory: 126 properties
Median Household Income: $101,555
Ignored Because: In the East Bay

#170 – 94941 Mill Valley

Median Home Price: $1,185,211
Median Price Change: NA
Average Days On Market: 106
Inventory: 197 properties
Median Household Income: $91,283
Ignored Because:  Model for Hill Valley in Back to the Future

#171 – 94563 Orinda

Median Home Price: $1,184,089
Median Price Change: -5%
Average Days On Market: 101
Inventory: 101 properties
Median Household Income: $119,832
Ignored Because: In East Bay, even closer to Oakland than Lafayette

image #173 – 94303 Palo Alto

Median Home Price: $1,175,241
Median Price Change: -5%
Average Days On Market: 59
Inventory: 34 properties
Median Household Income: $64,256

It’s a pretty safe bet that the median home price hasn’t been contaminated by East Palo Alto (which shares this zip code), but take a look at that median household income.  It’s about $20,000 less than 94306, which has a fairly similar set of residents (in the Palo Alto part of the zip, anyway).

While the zip shares with the Oaklandesque East Palo Alto (hey, at least it brought you IKEA), it also has some nice areas in midtown as well as the West Marine on San Antonio Road.  (Remember, yachties spend like drunken sailors because they are drunken sailors.)

Since 94303 has just everything in the whole city that hugs US 101, that isn’t helping matters.  Some of the lower-cost Eichlers in South Palo Alto that get torn down and replaced by monster houses are in 94303, too.  Hope they put in triple-pane windows like they did at Gables End.

#175 – 94965 Sausalito

Median Home Price: $1,173,479
Median Price Change: -11%
Average Days On Market: 149
Inventory: 84 properties
Median Household Income: $76,808
Ignored Because: Has stupid song written about it

#179 – 94705 Berkeley

Median Home Price: $1,152,174
Median Price Change: -1%
Average Days On Market: 70
Inventory: 30 properties
Median Household Income: $68,112
Ignored Because: Shares zip code with Oakland, lousy state-funded college

image #184 – 94025 Menlo Park

Median Home Price: $1,134,946
Median Price Change: -9%
Average Days On Market: 88
Inventory: 179 properties
Median Household Income: $89,572

When you realize that this zip stretches from the foothills near I-280 all the way to the slums of Belle Haven, that median home price is rather impressive.  Not every city the size of Menlo Park has to make due with a single zip code.  Palo Alto has four distinct zips, and Redwood City has five.

And while a ranking of 184th most expensive zip code in the country is clearly not good enough for the RBA, perhaps Menlo Park could petition the
postal service to split the city into East and West postal zones, in hope of the western half aspiring to the RBA.

Nah, prices down 9%.  Forget it.

image #185 – 94062 Redwood City

Median Home Price: $1,133,462
Median Price Change: -5%
Average Days On Market: 97
Inventory: 111 properties
Median Household Income: $96,677

Ha ha!  What was I just talking about above?  Redwood City is nowhere as high on the snootiness index as Menlo Park, and yet by having several zip codes, they managed to get one of them to qualify for the Forbes list.  And this is the one zip that shares with Woodside, which is quite a bit higher in the rankings (#41). 

Oh, speaking of Woodside, you’ll never guess what Forbes says their median household income is.  That’s right. $96,677.  Nice going, Forbes.  That means the Woodside median should be higher and the Redwood city number lower, but you managed to miss yet another muck-up.

This part of Redwood City includes the Emerald Lake Hills area, which is a delightful mix of new construction and bizarre old places featuring old cars in the front yard.  You know how some places in Atherton look like Greenwich, Connecticut?  Well, Emerald Lake Hills looks like Appalachia where half the residents won the lottery.

#193 – 94515 Calistoga

Median Home Price: $1,102,625
Median Price Change: -17%
Average Days On Market: 140
Inventory: 67 properties
Median Household Income: $44,320
Why Ignored: Can’t take place named after bubble water seriously

#194 – 94610 Piedmont

Median Home Price: $1,094,846
Median Price Change: -51%
Average Days On Market: 64
Inventory: 7 properties
Median Household Income: $49,066
Why Ignored: Not only down 51%, but completely surrounded by Oakland.  Completely.  Rival zip 94611 is #74 on list.  I also call BS on Forbes for that median household income.  It’s probably mixed up with the part of OAKLAND this zip shares with.  Oakland, it’s full of Oakland.

image #199 – 95032 Los Gatos

Median Home Price: $1,079,587
Median Price Change: -1%
Average Days On Market: 111
Inventory: 183 properties
Median Household Income: $93,118

It’s the home of Netflix!  Woo-hoo!

The second-best zip in Los Gatos (95030 came in at #38), this zip features delightful estates in the foothills and higher, as well as ho-hum tract houses in the flats near freeways.

Now, take a look at that median home price, above.  It’s barely over a million smackeroos, and we’ve almost hit the 200 mark.  That means the next installment (if there is one) will feature houses in “expensive zip codes” that are under a million dollars dollars for a median price.

Think about that for a moment.  Where we live is so Special that we think of houses under a million dollars as not particularly worth commenting on.  At least most of the zips we’ve shown so far are above the average price for a house in this area.  But as we work our way down that list of 500 zips, we’re going to start to see some very ordinary places that are still more expensive than 44,000 other zip codes in the entire country.

Coming Soon: burbed guest editor forcibly retired for not stopping worst series ever, assailed by mob with pitchforks and torches.  Plus, Part 716 of Bing Maps Galore!

Comments (6) -- Posted by: madhaus @ 5:01 am

July 21, 2010

Price cut in East Palo Alto! $373,000 OFF!

$425,000

1912 PULGAS Ave East Palo Alto, CA 94303

image

Beds: 2
Baths: 1.5
Sq. Ft.: 1,260
$/Sq. Ft.: $337
Lot Size: 9,944 Sq. Ft.
Property Type: Detached Single Family
Style: Cottage/Bungalow
Stories: 1
View: Neighborhood
Year Built: 1949
Community: East of U.S. 101
County: San Mateo
MLS#: 80913446
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 474 days
HUGE LOT ALMOST 10,000 SQ. FT. ACROSS FROM SMALL MARKET. PUBLIC STORAGE AND GASOLINE STATION NEARBY. CLOSE TO HOME DEPOT, BEST BUY, ETC. 2 BEDROOMS. ADDITION OF LARGE FAMILY ROOM, HALF BATH, AND LAUNDRY ROOM HAS PERMITS. HUGE PRICE REDUCTION!

Hey… wait a minute… this seems familiar… oh I remember:

August 26, 2009

This house has easy access to gasoline station, home depot, best buy

It’s East Palo Alto week!

1912 PULGAS Ave, East Palo Alto, CA 94303 | MLS# 80913446
1912 PULGAS Ave East Palo Alto, CA 94303
Price: $798,000

1912

Wowsers! Talk about a price cut!

Before, it was a not-great-deal. But now… it’s practically for free! And look, now there are even more permits, in addition to being close to staples like Home Depot, Best Buy, and etc!

And… it’s green!

I’m not sure why people aren’t storming into snatch this up. Maybe you can petition the city to build you a special off ramp – how awesome would that be!

image

This is going to be the turning point year for East Palo Alto. You heard it here first!

Comments (28) -- Posted by: burbed @ 5:53 am

March 31, 2010

Seller very motivated… so is the agent!

 
image
Beds: 2
Baths: 1
Sq. Ft.: 900
$/Sq. Ft.: $500
Lot Size: 0.26 Acres
Property Type: Detached Single Family
Style: Ranch
Stories: 1
View: Neighborhood
Year Built: 1926
Community: East of U.S. 101
County: San Mateo
MLS#: 80957391
Source: MLSListings
Status: Active This listing is for sale and the sellers are accepting offers.
On Redfin: 89 days
The house was completely redone in 2007.New roof, bath and kitchen. Granite counter top. New paint interior/exterior. Large lot of 11,375sqft. The city said it can be divided into 2lots including the existing house. Seller is very motivated. Thank you.

This is a huge chunk of prime East Palo Alto real estate that you’re buying! But… you’re also buying a house that was completely redone in 2007! Sure it might be hard to find the house in the photo above… but what about this one?

image

Oh. Um. This one?

image

Err.. Um… This one?

image

There ya go!

If you like drive by (photography), you’ll love this neighborhood and this house. As the realtor says “Thank you.” <takes a bow>

Comments (18) -- Posted by: burbed @ 5:46 am