$898,000
123 Mission Dr, East Palo Alto 94303
AddressIntel AI Briefing
This renovated townhome stands out as a highly lucrative investment play, listed at a massive discount relative to neighborhood comps. Given its strong estimated rental yield and turnkey condition, it represents an immediate cash-flow asset with low vacancy risk. While it is a single-unit listing rather than a bulk play, the deep pricing discount makes it an exceptional buy-and-hold opportunity.
Property Permit History
Recent Neighborhood Remodeling (East Palo Alto)
Parcel & Zoning Info
Condo Investment Snapshot
Price positioning vs. 51 recent comparable condo/townhome sales in this ZIP. Est. rent is a rule-of-thumb (price ÷ 24 ÷ 12), not a market quote. SB 9 / ADU development analysis doesn't apply to condos: the owner doesn't control the underlying land.
Hazard Snapshot
Flood Zone
Fire Severity
Liquefaction
Fault Zone
Not a substitute for a Natural Hazard Disclosure (NHD) report. Zones reflect available GIS data and may not cover all localities. Liquefaction and fault flags: modified from California Geological Survey, Web Service of Official Maps of Alquist-Priolo Earthquake Fault Zones and Web Service of Official Maps of Seismic Hazard Zones (2025).
Nearby Public Schools
Duveneck Elementary
Palo Alto Unified
Frank S. Greene Jr. Middle
Palo Alto Unified
East Palo Alto Academy
Sequoia Union High
School boundaries are subject to change. Nearest school distance does not guarantee enrollment eligibility. Check with the local district. Data provided by CDE.
Proprietary Intelligence
Market Heat Index
69/100
Based on recent sales velocity and local demand in 94303.
Flippability Score
85/100
Measures neighborhood renovation density vs. recent permits on this property.
Bidding War Prob.
28%
Likelihood of multiple offers based on local list-to-sale ratios and DOM.
Proforma ROI Calculator
Back-of-the-napkin deal analysis across development strategies.
Median of 12 recent sales in East Palo Alto (94303): $618/sqft. Sized within 25% of the 2,300 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale. Too few same-type sales in East Palo Alto, so the mix includes other property types.
Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.
Carry on total capital for the project duration. At 0% the model is a cash purchase; 12 months at a typical construction-loan rate moves ROI by 6 to 10 points on a deal this size, so price it with your real rate.
Projected Profit
Warning: Project is mathematically underwater.
Recent Comparables (East Palo Alto 94303)
Sized to the modelled 2,300 sqft build: sales within 25% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.