2148 Ralmar Avenue East Palo Alto, CA $ 998,000
2148 Ralmar Avenue
$ 998,000
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2148 Ralmar Avenue

East Palo Alto, CA, 94303
$ 998,000
Baths0.0 Sq 1,840

Monthly Estimate*

$ 6,145

Listed by Compass
2148 Ralmar Avenue, East Palo Alto, CA 94303 - Image 1
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Studio

Multi-Family Home for sale in East Palo Alto, CA

for $998,000. This 1,840 square foot home was built in 1951 on a lot size of 0.1148.

Incredible investment opportunity in East Palo Alto. Priced to sell. Four units, two, 2x1 and two 1x1, n-site parking, strong stable residents. Live in one rent the others. Great mid peninsula location. with quick access to 101, Ravenswood retail, tons of jobs within short distance, less then two miles from Meta world headquarters. Every demographic improves each year in East Palo Alto. Asking price less then half of replacement cost, and comparable with many duplex's in the same city. Endless opportunity!

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Multi-Family Active

Price

$ 998,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 15,628

Style

Lot Size

0.1148

Year Built

1951

Town/City

East Palo Alto

County/Region

San Mateo

MLS | Web ID

ML82034326

Days on Market

12

Features
General
Living Area 1840
Sewer Public Sewer
Heating Wall Furnace
Cooling None
Possession Close Of Escrow
Roof Composition
Zoning R1
Garage Spaces 0
Year Built 1951
Property Subtype Quadruplex
Accessibility None
County San Mateo
Insurance Expense 4000
Property Type Residential Income
HOA false
MaintenanceExpense 2000
Garage Y/N false
Special Listing Conditions Standard
Status Active
City East Palo Alto
High School District Other
MLS Area 699 - Not Defined
Lot Size Units Square Feet
Lot Size Square Feet 5000
Carport Spaces 0
Tax Annual Amount 15628
Trash Expense 3000
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
Property Sub Type Additional Quadruplex
Cap Rate 3.87
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 4
Lot Size Area 5000
Foundation Details Slab
Number of Buildings 2
Building Area Total 1840
Lot Size Acres 0.1148
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

scott.kilpatrick@compass.com

Email

Affordability Calculator

$7,447
Per Month
83%
17%
0%
Monthly Principal & Interest
$6,145
Monthly Property Taxes
$1,302
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/10/2026$998,000 Listed Price

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2148 Ralmar Avenue, East Palo Alto, CA, 94303 is a Multi-Family Home for sale at $998,000 with 1,840 sqft and a lot size of 0.1148. 2148 Ralmar Avenue is a studio with 0.0 baths and was built in 1951. The property's zip code is 94303 which is in East Palo Alto, CA