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2340 Cooley Ave, East Palo Alto, CA, 94303

2beds
1baths
1,070sqft
$1,788,000
$1,671price/sqft
$11,420/moest. monthly cost
$456,800/yrincome needed

About This Home

Rare Fully Entitled Shovel Ready Development Opportunity to Create 8 Architecturally Striking Town Home Condominiums on a Flat Lot. Partnership w/Seller possible. Goring & Straja Architects envisioned project with exteriors and interiors speaking to the needs of today's urban buyers. A+++ Location off University Avenue minutes to Meta Headquarters | other Tech Giants, Bay Trails and the best that Palo Alto has to offer. Each 3 bedroom 3 bathroom multi level home with 2 outdoor spaces will be approximately 1341 Square Foot with an attached garage within an urban enclave featuring green spaces and chosen materials displaying the best of earthy design. Other design hallmarks include a generous grand primary suite, spacious ground floor patio off lower level bedroom and indoor | outdoor entertaining opportunities via terrace of the open concept great room. Once developed these homes will be a new beginning for a storied neighborhood. The well thought out floor plans include a ground level bedroom w/ensuite full bath, middle floor entertaining areas, and 2 top floor generously size bedrooms. Be a part of the city's pathway to progress.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
75
BikeVery Bikeable

Schools

3/10
8/10

Construction

Condition

  • Year built: 1926

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Bedroom1

  • Area: 0

Bedroom2

  • Area: 0

Bedroom3

  • Area: 0

Bedroom4

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Area: 0

Family Room

  • Area: 0

Interior Area

  • Total structure area: 1,070
  • Total interior livable area: 1,070 sqft

Kitchen

  • Area: 0

Living Room

  • Area: 0

Master Bedroom

  • Area: 0

Property

Details

  • Parcel number: 063253410
  • Special condition: Standard

Lot

  • Lot size: 0.26 Acres

Parking

  • Total spaces: 8
  • Parking features: Other,Independent,On Site (Single Family Only)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding

FEMA Declared Disasters in San Mateo County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,041$108,492
Home Insurance *$106$1,272
Property Taxes $1,875$22,500
Electricity $398$4,786
Total$11,420$137,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$391,542/yr
40% on housing$342,600/yr
45% on housing$304,533/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,671This listing

vs Other Active Listings

Avg $/sqft

ZIP 94303$809
San Mateo County$914

vs Homes Sold Last Month

Median $/sqft

ZIP 94303$1,394
San Mateo County$1,106

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-04-11Listed for sale$1,898,888
2025-02-06Listing removed$1,898,888
2024-02-05Listed for sale$1,898,888
2023-12-27Listing removed--
2023-09-22Price change$1,998,888
2023-09-17Price change$2,248,888
2023-08-23Listed for sale$2,498,888
2014-09-29Sold$490,500

For Sale by Agent

AgentMalin P. Kansal
BrokerageGolden Gate Sotheby's Internat

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