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961 Beech St East Palo Alto, CA, 94303
$1,800,000 $199,000 Land under contract 0.50 acres
Huge Price Reduction! Seller is super motivated!!Fully Entitled Shovel Ready Development Opportunity of 4 single family home on a Flat Vacant Lot. Desirable Location Close to IKEA Shopping Center, Stanford, Meta, Amazon, Schools, Library, and Parks. Each one is 4bed/3bath 2 story with open floor plan and first floor suite, 3 of them is 2046 sqft not including 408 sqft garage, the large one in the back boast 2285 sqft live space. Hardest part which is entitlement/subdivision/Sewer already done, lot already subdivided to 4 parcel and a common parcel. Great Opportunity for Developer / Investors. Four APN# 063-344-730, 063-344-740, 063-344-750, 063-344-760. Great location with easy access to freeways, close to IKEA Shopping Center, Stanford, Facebook, Amazon, Schools, Library, and Parks.
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Property details
21,781 sqft interior area
Land area
21,781 sqft (0.50 acres)
Price per sqft
$82/sqft
Days on Verhouse
242
Address
961 Beech St, East Palo Alto, CA, 94303
City of California
East Palo Alto
County
San Mateo
Previous price
$1,999,000
District
Listing
Zoning
R100
Open Houses
No upcoming open houses
Listed by
Shawn Li, LCL Grand Corp.
Name
Shawn Li
License number
01457780
Brokerage company
LCL Grand Corp.
MLS #
41037627
Payment calculator
Calculate your monthly payments
Mortgage
$5,527
Taxes
$0
HOA dues
$0
Mortgage
$360,000 / 20%
2.28%
30 years
Your amount
$5,527 / month
Lot details
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Lot Description
Level
94303 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 94303
51%
Families with children
National average: 39%
32%
Non family households
142,276
Population
$269,190
Average Income
Age & gender
Median age 38 years
More info
Commute types
72% commute by car
More info
Education level
34% have professional education
More info
Number of employees
6% work in management
More info
Vehicles available
39% have 2 vehicle
More info
Vehicles by gender
39% have 2 vehicle
More info
Housing market insights for
$2.85m
Neighborhood average
sales price*
sales price*
$2.54m
Neighborhood median
sales price*
sales price*
199
Number
of sales*
of sales*
Housing type
61% are single detacheds
More info
Rooms
33% of the houses have 4 or 5 rooms
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Bedrooms
52% have 2 or 3 bedrooms
More info
Owners vs Renters
55% are owners
More info
13.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Utilities
Electricity Connected, Water Connected
Utilities
Electricity Connected, Water Connected
Location Details, Documents & Disclosures
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Directions to property
101 exit to university ave
Price history
Under contract Apr 26, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 26, 2024 | Under contract | $1,800,000 | 82.64 | MLS #41037627 |
| Mar 11, 2024 | Price Decrease | $1,800,000 -9.95% | 82.64 | MLS #41037627 |
| Mar 4, 2024 | Price Decrease | $1,999,000 -12.71% | 91.78 | MLS #41037627 |
| Oct 4, 2023 | Price Decrease | $2,290,000 -4.18% | 105.14 | MLS #41037627 |
| Aug 30, 2023 | New Listing | $2,390,000 | 109.73 | MLS #41037627 |
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Frequently Asked Questions about 961 Beech St
What is 961 Beech St?
961 Beech St is a lot of 0.50 acres (about is 21,781 sqft).
What is the full address of this Land?
961 Beech St, East Palo Alto, CA, 94303.
Tell me about the point of interest nearby
The closest grocery stores are Cardenas, 0.34 miles away and The Market at Edgewood, 1.27 miles away.
Based on information from the bridgeMLS as of 04-27-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 26, 2024
Verhouse Last checked 7 minutes ago
The closest grocery stores are Cardenas, 0.34 miles away and The Market at Edgewood, 1.27 miles away.
The 94303 zip area has a population of 142,276, and 51% of the families have children. The median age is 38.91 years and 72% commute by car. The most popular housing type is "single detached" and 55% is owner.
