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Activecondos

$1,788,000

2340 Cooley Ave, East Palo Alto 94303

Beds2
Baths1
Sqft1,070
DOM558
No Photos Available

AddressIntel AI Briefing

Severely overpriced relative to its modest square footage and local sales history. Avoid this asset unless a massive price correction occurs.

Property Permit History

No permit history found directly associated with this property's address.

Recent Neighborhood Remodeling (East Palo Alto)

Parcel & Zoning Info

APN--
Official Lot Sqft--
Zoning CodeNO DATA ASSIGNED
SB 9 StatusN/A

Condo Investment Snapshot

Value Score0/100
Price / Sqft$1,671 vs $1,040 mkt
Price vs Market+60.7% Above market
Est. Rent$6,208/mo

Price positioning vs. 76 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.

Seller Motivation

Motivation Score30/100
Some motivation
90+ days on market

Inferred from days on market and listing-description language (e.g. "as-is", "estate sale", "motivated seller"). A screening heuristic for likely negotiability, not a statement about the seller's circumstances.

Hazard Snapshot

Flood Zone

X
Area of minimal flood hazard.

Fire Severity

None
Not in a mapped state fire severity zone.

Liquefaction

Yes
In a mapped liquefaction zone. May require specialized foundation engineering.

Fault Zone

No
Not in a mapped Alquist-Priolo 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

Elementary School

Costano Elementary

Ravenswood City Elementary

0.6 miles away
Middle School

Cesar Chavez Ravenswood Middle

Ravenswood City Elementary

0.4 miles away
High School

Oxford Day Academy

San Mateo County Office of Education

0.3 miles away

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

64/100

Based on recent sales velocity and local demand in 94303.

Flippability Score

20/100

Measures neighborhood renovation density vs. recent permits on this property.

Bidding War Prob.

1%

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 condo sales in East Palo Alto (94303): $611/sqft, plus 5% because new houses sold at a median 1.07x their comps across 239 real rebuilds. Sized within 50% of the 1,600 sqft build, because smaller houses sell for more per foot and pricing a rebuild off them overstates resale.

Commission, transfer tax and closing. Deducted from resale before profit, so the ROI below is net of the exit rather than gross.

Interest on the purchase price for the whole project plus half the build budget, since construction draws ramp up. The default is 7% over 33 months, the median purchase-to-sale time of 239 real Peninsula and South Bay rebuilds. Set the rate to 0 for a cash purchase, or use your own lender's terms.

Hard Costs$880,000
New Build1,600 sqft
Total Capital Required$2,843,000
Estimated Resale (ARV)$1,027,200
Cost of Sale (5%)-$51,360
Carry (33mo @ 7%)-$445,734
Net Proceeds$530,106

Projected Profit

-$2,312,894
-81.4% ROI

Warning: Project is mathematically underwater.

Recent Comparables (East Palo Alto 94303)

Sized to the modelled 1,600 sqft build: sales within 50% of it. Smaller houses sell for more per foot, so pricing a rebuild off them overstates resale.

1982 W Bayshore Rd Apt 221

Sold
$690,000
Sold: 2026-09-23
Lot: -
Sqft: 1197
$/Sqft: $576

1982 W Bayshore Rd Apt 237

Sold
$780,000
Sold: 2026-09-21
Lot: -
Sqft: 1197
$/Sqft: $652

1765 E Bayshore Rd Unit 227

Sold
$625,000
Sold: 2026-08-07
Lot: 45,254
Sqft: 950
$/Sqft: $658

1982 W Bayshore Rd Apt 310

Sold
$560,000
Sold: 2026-07-28
Lot: -
Sqft: 821
$/Sqft: $682

1982 W Bayshore Rd Apt 219

Sold
$700,000
Sold: 2026-07-10
Lot: -
Sqft: 1186
$/Sqft: $590

105 Mission Dr

Sold
$780,000
Sold: 2026-06-17
Lot: 191,491
Sqft: 1510
$/Sqft: $517

1982 W Bayshore Rd Apt 217

Sold
$735,000
Sold: 2026-06-04
Lot: -
Sqft: 1197
$/Sqft: $614

1765 E Bayshore Rd Unit 206

Sold
$252,500
Sold: 2026-06-01
Lot: 45,254
Sqft: 950
$/Sqft: $266

1982 W Bayshore Rd Apt 121

Sold
$765,000
Sold: 2026-01-20
Lot: 154,638
Sqft: 1197
$/Sqft: $639

2424 Gloria Way

Sold
$188,500
Sold: 2025-08-29
Lot: 20,621
Sqft: 1095
$/Sqft: $172

1982 W Bayshore Rd Apt 137

Sold
$775,000
Sold: 2025-07-25
Lot: -
Sqft: 1197
$/Sqft: $647

1885 E Bayshore Rd Spc 108

Sold
$535,000
Sold: 2025-06-30
Lot: 4,018
Sqft: 880
$/Sqft: $608